Peddock Capital Advisors LLC Purchases 1,065 Shares of Tyson Foods, Inc. (NYSE:TSN)

Peddock Capital Advisors LLC lifted its holdings in Tyson Foods, Inc. (NYSE:TSN) by 5.0% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,167 shares of the company’s stock after acquiring an additional 1,065 shares during the period. Peddock Capital Advisors LLC’s holdings in Tyson Foods were worth $1,273,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Catalyst Capital Advisors LLC grew its position in shares of Tyson Foods by 56.1% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after purchasing an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in Tyson Foods during the third quarter worth approximately $36,000. ST Germain D J Co. Inc. bought a new position in Tyson Foods during the 4th quarter worth $42,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in Tyson Foods by 301.6% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock valued at $44,000 after acquiring an additional 561 shares in the last quarter. Finally, Northwest Investment Counselors LLC bought a new stake in shares of Tyson Foods during the 3rd quarter valued at $59,000. 67.00% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on TSN shares. Bank of America dropped their price target on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, October 15th. Stephens lifted their price target on Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. UBS Group started coverage on Tyson Foods in a research report on Friday. They set a “neutral” rating and a $62.00 price objective for the company. Piper Sandler lifted their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, November 13th. Finally, Citigroup dropped their price objective on shares of Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $60.80.

Tyson Foods Trading Up 2.5 %

Shares of NYSE:TSN traded up $1.38 during trading on Monday, reaching $55.65. The stock had a trading volume of 2,507,739 shares, compared to its average volume of 2,597,428. Tyson Foods, Inc. has a 52 week low of $51.16 and a 52 week high of $66.88. The firm’s fifty day moving average is $60.48 and its 200 day moving average is $60.42. The stock has a market cap of $19.80 billion, a price-to-earnings ratio of 24.73, a P/E/G ratio of 0.91 and a beta of 0.81. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04.

Insider Buying and Selling at Tyson Foods

In related news, insider Wes Morris sold 25,080 shares of Tyson Foods stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total value of $1,622,926.80. Following the completion of the sale, the insider now owns 10,625 shares of the company’s stock, valued at approximately $687,543.75. This trade represents a 70.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total transaction of $680,400.00. Following the completion of the transaction, the general counsel now directly owns 19,260 shares in the company, valued at $1,248,048. This trade represents a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 414,814 shares of company stock valued at $26,450,955. 2.03% of the stock is currently owned by 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.