Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank increased its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 73.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 151,298 shares of the company's stock after acquiring an additional 63,980 shares during the quarter. Toronto Dominion Bank's holdings in Tyson Foods were worth $9,011,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Catalyst Capital Advisors LLC boosted its position in shares of Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company's stock worth $35,000 after acquiring an additional 210 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Tyson Foods during the 3rd quarter valued at $36,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Tyson Foods by 301.6% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company's stock worth $44,000 after buying an additional 561 shares during the last quarter. Hantz Financial Services Inc. acquired a new position in Tyson Foods in the second quarter valued at $54,000. Finally, Northwest Investment Counselors LLC purchased a new stake in Tyson Foods during the third quarter valued at about $59,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TSN has been the topic of a number of research reports. Bank of America cut their price objective on Tyson Foods from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Tuesday, October 15th. Piper Sandler boosted their price objective on shares of Tyson Foods from $50.00 to $58.00 and gave the stock an "underweight" rating in a research note on Wednesday, November 13th. BMO Capital Markets raised their target price on shares of Tyson Foods from $60.00 to $62.00 and gave the company a "market perform" rating in a research note on Wednesday, November 13th. Barclays upped their price target on shares of Tyson Foods from $72.00 to $76.00 and gave the stock an "overweight" rating in a research report on Monday, September 9th. Finally, Citigroup cut their price objective on Tyson Foods from $63.00 to $60.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat, Tyson Foods currently has an average rating of "Hold" and an average price target of $60.67.

Insider Buying and Selling at Tyson Foods

In other news, Director Noel W. White sold 171,057 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.70, for a total value of $10,896,330.90. Following the completion of the sale, the director now directly owns 36,179 shares in the company, valued at approximately $2,304,602.30. The trade was a 82.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Wes Morris sold 22,783 shares of the firm's stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total value of $1,428,721.93. Following the transaction, the insider now owns 15,937 shares in the company, valued at $999,409.27. This trade represents a 58.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 414,814 shares of company stock valued at $26,450,955 in the last three months. Corporate insiders own 2.05% of the company's stock.

Tyson Foods Stock Down 1.2 %

Shares of NYSE:TSN traded down $0.72 during trading on Friday, hitting $60.48. The company's stock had a trading volume of 1,625,571 shares, compared to its average volume of 2,447,597. The company has a market capitalization of $21.52 billion, a PE ratio of 26.88, a PEG ratio of 0.93 and a beta of 0.79. Tyson Foods, Inc. has a fifty-two week low of $50.97 and a fifty-two week high of $66.88. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04. The stock's 50-day moving average price is $61.09 and its two-hundred day moving average price is $60.18.

Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully cooked meats; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.