Sage Capital Advisors llc Buys 912 Shares of Tyson Foods, Inc. (NYSE:TSN)

Sage Capital Advisors llc boosted its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,538 shares of the company’s stock after purchasing an additional 912 shares during the quarter. Tyson Foods comprises 1.5% of Sage Capital Advisors llc’s portfolio, making the stock its 18th largest holding. Sage Capital Advisors llc’s holdings in Tyson Foods were worth $5,947,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TSN. Catalyst Capital Advisors LLC boosted its holdings 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 buying an additional 210 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in shares of Tyson Foods in the third quarter valued at about $36,000. ST Germain D J Co. Inc. bought a new position in shares of Tyson Foods in the fourth quarter worth about $42,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of 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. Finally, Northwest Investment Counselors LLC bought a new position in Tyson Foods in the 3rd quarter worth approximately $59,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Price Performance

Shares of TSN stock traded down $1.10 during trading hours on Friday, reaching $54.36. 1,125,465 shares of the company were exchanged, compared to its average volume of 2,245,192. The stock’s fifty day moving average is $60.56 and its two-hundred day moving average is $60.40. Tyson Foods, Inc. has a fifty-two week low of $51.16 and a fifty-two week 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 company has a market cap of $19.34 billion, a price-to-earnings ratio of 24.16, a P/E/G ratio of 0.91 and a beta of 0.81.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TSN shares. Bank of America dropped their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 15th. Citigroup reduced their price objective 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. BMO Capital Markets boosted their price objective on Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Wednesday, November 13th. Piper Sandler raised their target price on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 13th. Finally, UBS Group started coverage on shares of Tyson Foods in a report on Friday. They set a “neutral” rating and a $62.00 price objective for the company. 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 stock. Based on data from MarketBeat.com, Tyson Foods has a consensus rating of “Hold” and a consensus price target of $60.80.

Insider Activity

In related news, insider Wes Morris sold 22,783 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total value of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares in the company, valued at approximately $999,409.27. This represents a 58.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $64.80, for a total value of $680,400.00. Following the transaction, the general counsel now owns 19,260 shares of the company’s stock, valued at $1,248,048. The trade was a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 414,814 shares of company stock valued at $26,450,955 over the last 90 days. 2.03% of the stock is owned by company 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.