MassMutual Private Wealth & Trust FSB Boosts Holdings in Tyson Foods, Inc. (NYSE:TSN)

MassMutual Private Wealth & Trust FSB lifted its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 28.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,315 shares of the company’s stock after purchasing an additional 288 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Tyson Foods were worth $76,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Brooklyn Investment Group increased its stake in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after buying an additional 570 shares in the last quarter. Catalyst Capital Advisors LLC increased its position 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 worth $35,000 after purchasing an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Tyson Foods in the 3rd quarter valued at $36,000. ST Germain D J Co. Inc. purchased a new position in Tyson Foods in the 4th quarter valued at $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in Tyson Foods by 301.6% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock worth $44,000 after purchasing an additional 561 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Insider Buying and Selling

In other news, insider Wes Morris sold 25,080 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the transaction, the insider now directly owns 10,625 shares in the company, valued at $687,543.75. This trade represents a 70.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman John H. Tyson sold 185,394 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.77, for a total value 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 position. The disclosure for this sale can be found here. In the last quarter, insiders sold 414,814 shares of company stock valued at $26,450,955. Company insiders own 2.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Bank of America decreased their price target on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. Stephens boosted their target price on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Citigroup cut their price target on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. BMO Capital Markets upped their target price on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Wednesday, November 13th. Finally, Piper Sandler lifted their price target on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Tyson Foods currently has a consensus rating of “Hold” and a consensus target price of $60.70.

Tyson Foods Trading Up 0.9 %

NYSE TSN opened at $56.08 on Friday. Tyson Foods, Inc. has a 12 month low of $51.16 and a 12 month high of $66.88. The stock has a market capitalization of $19.96 billion, a P/E ratio of 24.93, a PEG ratio of 0.85 and a beta of 0.81. The firm’s 50-day moving average is $59.81 and its two-hundred day moving average is $60.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95.

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.