Leeward Investments LLC MA Reduces Stake in Tyson Foods, Inc. (NYSE:TSN)

Leeward Investments LLC MA cut its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 20.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,649 shares of the company’s stock after selling 61,397 shares during the period. Leeward Investments LLC MA owned 0.07% of Tyson Foods worth $14,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Oppenheimer & Co. Inc. boosted its stake in Tyson Foods by 100.7% during the first quarter. Oppenheimer & Co. Inc. now owns 10,315 shares of the company’s stock worth $606,000 after buying an additional 5,175 shares during the period. Cetera Advisors LLC grew its holdings in Tyson Foods by 149.2% during the 1st quarter. Cetera Advisors LLC now owns 19,083 shares of the company’s stock valued at $1,121,000 after purchasing an additional 11,425 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Tyson Foods by 21.3% in the second quarter. Envestnet Asset Management Inc. now owns 251,807 shares of the company’s stock worth $14,388,000 after purchasing an additional 44,167 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Tyson Foods during the first quarter valued at approximately $527,000. Finally, Sei Investments Co. grew its stake in shares of Tyson Foods by 14.9% during the first quarter. Sei Investments Co. now owns 197,108 shares of the company’s stock valued at $11,576,000 after buying an additional 25,527 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TSN shares. 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 note on Wednesday, October 9th. BMO Capital Markets boosted their target price on shares of Tyson Foods from $58.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, August 6th. StockNews.com raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Bank of America decreased their price objective 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. Finally, Stephens initiated coverage on shares of Tyson Foods in a research note on Thursday, October 3rd. They issued an “equal weight” rating and a $57.00 target price on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $59.22.

Tyson Foods Trading Down 0.2 %

NYSE:TSN opened at $59.16 on Thursday. The firm has a 50-day simple moving average of $60.51 and a 200-day simple moving average of $59.70. Tyson Foods, Inc. has a one year low of $45.13 and a one year high of $66.88. The firm has a market cap of $21.05 billion, a P/E ratio of -986.00, a P/E/G ratio of 0.37 and a beta of 0.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.82.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, August 5th. The company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.22. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The company had revenue of $13.35 billion during the quarter, compared to analyst estimates of $13.21 billion. During the same quarter in the prior year, the business earned $0.15 earnings per share. Tyson Foods’s revenue was up 1.6% on a year-over-year basis. Equities analysts anticipate that Tyson Foods, Inc. will post 2.82 EPS for the current fiscal year.

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.