GAMMA Investing LLC Has $449,000 Holdings in Tyson Foods, Inc. (NYSE:TSN)

GAMMA Investing LLC raised its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 18.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,812 shares of the company’s stock after purchasing an additional 1,216 shares during the period. GAMMA Investing LLC’s holdings in Tyson Foods were worth $449,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. boosted its position in shares of 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 buying an additional 172 shares during the last quarter. Signaturefd LLC boosted its holdings in Tyson Foods by 6.9% during the 3rd quarter. Signaturefd LLC now owns 2,727 shares of the company’s stock worth $162,000 after acquiring an additional 175 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of 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 acquiring an additional 189 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Tyson Foods by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock valued at $2,908,000 after purchasing an additional 189 shares during the last quarter. Finally, Empirical Finance LLC lifted its position in shares of 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 purchasing an additional 206 shares in the last quarter. 67.00% of the stock is owned by institutional investors.

Insider Transactions at Tyson Foods

In other news, Director Noel W. White sold 171,057 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total value of $10,896,330.90. Following the completion of the transaction, the director now directly owns 36,179 shares in the company, valued at approximately $2,304,602.30. This trade represents a 82.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman John H. Tyson sold 185,394 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the completion of the sale, the chairman now owns 3,003,374 shares in the company, valued at $191,525,159.98. This represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock valued at $26,450,955 over the last three months. Company insiders own 2.03% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on TSN. Piper Sandler increased their price objective on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research note on Wednesday, November 13th. Citigroup decreased their price target on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. 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 research report on Tuesday, October 15th. Stephens raised their target price 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. Finally, Barclays boosted their price target on shares of Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a report on Monday, September 9th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $60.67.

Tyson Foods Stock Up 0.1 %

TSN opened at $58.18 on Monday. Tyson Foods, Inc. has a 12 month low of $51.16 and a 12 month high of $66.88. The company has a market cap of $20.70 billion, a PE ratio of 25.86, a price-to-earnings-growth ratio of 0.91 and a beta of 0.81. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. The company has a 50 day moving average of $60.80 and a 200 day moving average of $60.47.

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.