Quantbot Technologies LP Has $732,000 Stake in Tyson Foods, Inc. (NYSE:TSN)

Quantbot Technologies LP lowered its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 80.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,297 shares of the company's stock after selling 51,632 shares during the period. Quantbot Technologies LP's holdings in Tyson Foods were worth $732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of TSN. Crossmark Global Holdings Inc. boosted its stake in shares of Tyson Foods by 0.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company's stock valued at $1,160,000 after buying an additional 172 shares during the period. Signaturefd LLC grew its stake in Tyson Foods by 6.9% in the third quarter. Signaturefd LLC now owns 2,727 shares of the company's stock valued at $162,000 after purchasing an additional 175 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Tyson Foods by 1.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,616 shares of the company's stock worth $632,000 after purchasing an additional 189 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Tyson Foods by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company's stock worth $2,908,000 after purchasing an additional 189 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Tyson Foods by 13.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the company's stock valued at $103,000 after buying an additional 198 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Stephens increased their price objective on Tyson Foods from $57.00 to $60.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. Barclays raised their price target on shares of Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a report on Monday, September 9th. Citigroup decreased their price objective on shares of Tyson Foods from $63.00 to $60.00 and set a "neutral" rating for the company in a report on Wednesday, October 9th. BMO Capital Markets boosted their price target on Tyson Foods from $60.00 to $62.00 and gave the stock a "market perform" rating in a research report on Wednesday, November 13th. Finally, Bank of America reduced their target price on Tyson Foods from $65.00 to $62.00 and set a "neutral" rating for the company in a report on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $60.67.

Tyson Foods Stock Performance

TSN stock traded down $0.01 on Tuesday, reaching $64.33. 1,011,766 shares of the company were exchanged, compared to its average volume of 2,459,349. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. Tyson Foods, Inc. has a 12 month low of $47.92 and a 12 month high of $66.88. The stock's fifty day moving average price is $60.41 and its 200 day moving average price is $60.02. The firm has a market capitalization of $22.89 billion, a PE ratio of 28.59, a PEG ratio of 0.97 and a beta of 0.79.

Insider Transactions at Tyson Foods

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of the business's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total value of $680,400.00. Following the sale, the general counsel now owns 19,260 shares of the company's stock, valued at $1,248,048. The trade was a 35.28 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Wes Morris sold 25,080 shares of the firm's stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the transaction, the insider now directly owns 10,625 shares of the company's stock, valued at $687,543.75. The trade was a 70.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 414,814 shares of company stock worth $26,450,955. 2.05% of the stock is currently owned by company insiders.

Tyson Foods 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.