First Community Trust NA Reduces Position in Tyson Foods, Inc. (NYSE:TSN)

First Community Trust NA trimmed its position in Tyson Foods, Inc. (NYSE:TSN) by 36.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 700 shares of the company’s stock after selling 406 shares during the quarter. First Community Trust NA’s holdings in Tyson Foods were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSN. Catalyst Capital Advisors LLC raised its holdings in shares of Tyson Foods by 56.1% during the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock valued at $35,000 after acquiring an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new position in Tyson Foods in the 3rd quarter worth $36,000. ST Germain D J Co. Inc. purchased a new stake in shares of Tyson Foods in the 4th quarter worth about $42,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake 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 valued at $44,000 after purchasing an additional 561 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Tyson Foods during the fourth quarter valued at about $57,000. 67.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have weighed in on TSN shares. Stephens lifted their price objective on Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Citigroup dropped their price target 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. Bank of America decreased their price objective on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, October 15th. BMO Capital Markets upped their target price on shares of 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, UBS Group assumed coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $60.80.

Tyson Foods Trading Down 0.5 %

Shares of NYSE TSN opened at $55.35 on Wednesday. The firm’s 50 day moving average price is $60.35 and its 200-day moving average price is $60.40. Tyson Foods, Inc. has a 52-week low of $51.16 and a 52-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 company has a market cap of $19.70 billion, a PE ratio of 24.60, a P/E/G ratio of 0.91 and a beta of 0.81.

Insider Activity at Tyson Foods

In other Tyson Foods news, insider Wes Morris sold 25,080 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the transaction, the insider now owns 10,625 shares in the company, valued at approximately $687,543.75. This represents a 70.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Adam S. Deckinger sold 10,500 shares of Tyson Foods stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $64.80, for a total transaction of $680,400.00. Following the completion of the sale, the general counsel now owns 19,260 shares of the company’s stock, valued at $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 414,814 shares of company stock valued at $26,450,955. 2.03% of the stock is owned by corporate insiders.

About Tyson Foods

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.