Rosenberg Matthew Hamilton Raises Stake in Tyson Foods, Inc. (NYSE:TSN)

Rosenberg Matthew Hamilton boosted its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 139.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,143 shares of the company’s stock after buying an additional 665 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Tyson Foods were worth $66,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. lifted its position in Tyson Foods by 0.9% during the third quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company’s stock valued at $1,160,000 after purchasing an additional 172 shares during the period. Signaturefd LLC lifted its holdings in shares of Tyson Foods by 6.9% in the 3rd quarter. Signaturefd LLC now owns 2,727 shares of the company’s stock valued at $162,000 after buying an additional 175 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Tyson Foods by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock worth $643,000 after buying an additional 184 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Tyson Foods by 0.4% during the third quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock worth $2,908,000 after acquiring an additional 189 shares during the period. Finally, Empirical Finance LLC raised its position in Tyson Foods by 2.1% during the third quarter. Empirical Finance LLC now owns 9,957 shares of the company’s stock valued at $593,000 after acquiring an additional 206 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Stock Performance

Shares of NYSE:TSN opened at $55.35 on Wednesday. The business’s 50 day moving average price is $60.35 and its 200-day moving average price is $60.40. Tyson Foods, Inc. has a 1 year low of $51.16 and a 1 year high of $66.88. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. The firm has a market capitalization of $19.70 billion, a PE ratio of 24.60, a P/E/G ratio of 0.91 and a beta of 0.81.

Wall Street Analyst Weigh In

Several research firms have commented on TSN. Stephens upped their price objective on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Piper Sandler raised their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, November 13th. Bank of America decreased their price objective on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research report on Tuesday, October 15th. Citigroup dropped their target price 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. Finally, UBS Group began coverage on Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $60.80.

Insiders Place Their Bets

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of the firm’s stock in a transaction that occurred 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 transaction, the general counsel now directly owns 19,260 shares of the company’s stock, valued at $1,248,048. This trade represents a 35.28 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Wes Morris sold 22,783 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total value of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares of the company’s stock, 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 90 days. 2.03% of the stock is owned by 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.