World Investment Advisors LLC Has $671,000 Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

World Investment Advisors LLC lowered its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 17.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,265 shares of the company’s stock after selling 2,300 shares during the period. World Investment Advisors LLC’s holdings in Tyson Foods were worth $671,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its stake in shares of Tyson Foods by 47.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 31,118 shares of the company’s stock valued at $1,984,000 after buying an additional 9,947 shares during the period. Virtu Financial LLC acquired a new stake in Tyson Foods in the third quarter valued at approximately $1,241,000. Asset Allocation Strategies LLC increased its holdings in shares of Tyson Foods by 9.7% during the third quarter. Asset Allocation Strategies LLC now owns 4,683 shares of the company’s stock valued at $279,000 after acquiring an additional 415 shares in the last quarter. Toronto Dominion Bank raised its position in shares of Tyson Foods by 73.3% during the third quarter. Toronto Dominion Bank now owns 151,298 shares of the company’s stock worth $9,011,000 after purchasing an additional 63,980 shares during the period. Finally, Neo Ivy Capital Management bought a new position in shares of Tyson Foods in the 3rd quarter worth $1,518,000. 67.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on TSN. Barclays upped their price objective 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. Piper Sandler raised their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, November 13th. Bank of America lowered their price objective 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 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, Citigroup dropped 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. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $60.67.

Insider Activity at Tyson Foods

In other Tyson Foods news, Chairman John H. Tyson sold 185,394 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the sale, the chairman now directly owns 3,003,374 shares of the company’s stock, valued at $191,525,159.98. This represents a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Noel W. White sold 171,057 shares of Tyson Foods stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the completion of the transaction, the director now owns 36,179 shares of the company’s stock, valued at $2,304,602.30. The trade was a 82.54 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 414,814 shares of company stock worth $26,450,955. 2.05% of the stock is owned by company insiders.

Tyson Foods Stock Down 1.2 %

Shares of NYSE:TSN opened at $59.74 on Tuesday. The company has a market capitalization of $21.26 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 0.91 and a beta of 0.79. Tyson Foods, Inc. has a 1 year low of $50.97 and a 1 year 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 fifty day moving average price of $61.12 and a two-hundred day moving average price of $60.24.

Tyson Foods 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.