FNY Investment Advisers LLC Makes New Investment in Tyson Foods, Inc. (NYSE:TSN)

FNY Investment Advisers LLC purchased a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 1,000 shares of the company’s stock, valued at approximately $57,000.

Several other large investors also recently modified their holdings of the company. State Street Corp grew its stake in shares of Tyson Foods by 6.9% during the 3rd quarter. State Street Corp now owns 13,304,869 shares of the company’s stock valued at $792,438,000 after purchasing an additional 859,351 shares during the period. Barclays PLC increased its stake in shares of Tyson Foods by 66.1% in the 3rd quarter. Barclays PLC now owns 1,122,285 shares of the company’s stock worth $66,841,000 after purchasing an additional 446,648 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Tyson Foods by 44.8% during the third quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company’s stock valued at $67,917,000 after purchasing an additional 352,863 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in Tyson Foods by 149.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 421,827 shares of the company’s stock worth $25,124,000 after buying an additional 252,635 shares in the last quarter. Finally, Canada Pension Plan Investment Board increased its holdings in Tyson Foods by 37.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 897,615 shares of the company’s stock worth $51,290,000 after acquiring an additional 242,700 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. UBS Group started coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price objective on the stock. Citigroup reduced their price objective on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 9th. Bank of America cut their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, October 15th. Stephens lifted their price objective on shares of Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Finally, BMO Capital Markets increased their price target on shares of Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and an average price target of $60.80.

Tyson Foods Price Performance

Shares of Tyson Foods stock opened at $55.75 on Thursday. Tyson Foods, Inc. has a 12 month low of $51.16 and a 12 month 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 business has a 50 day simple moving average of $60.35 and a two-hundred day simple moving average of $60.40. The stock has a market capitalization of $19.84 billion, a P/E ratio of 24.78, a PEG ratio of 0.91 and a beta of 0.81.

Insider Activity at Tyson Foods

In other Tyson Foods news, Director Noel W. White sold 171,057 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the sale, the director now directly owns 36,179 shares in the company, valued at approximately $2,304,602.30. The trade was a 82.54 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the firm’s 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 transaction, the general counsel now directly owns 19,260 shares of the company’s stock, valued at approximately $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 three months, insiders sold 414,814 shares of company stock worth $26,450,955. Company insiders own 2.03% of the company’s stock.

Tyson Foods Company 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.