Thompson Siegel & Walmsley LLC Acquires 73,764 Shares of Tyson Foods, Inc. (NYSE:TSN)

Thompson Siegel & Walmsley LLC grew its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 6.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,165,916 shares of the company’s stock after acquiring an additional 73,764 shares during the period. Tyson Foods comprises 1.0% of Thompson Siegel & Walmsley LLC’s holdings, making the stock its 29th largest holding. Thompson Siegel & Walmsley LLC owned about 0.33% of Tyson Foods worth $69,442,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Acadian Asset Management LLC lifted its position in shares of Tyson Foods by 1,978.9% in the 1st quarter. Acadian Asset Management LLC now owns 11,912 shares of the company’s stock worth $698,000 after purchasing an additional 11,339 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in shares of Tyson Foods by 127.0% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,287 shares of the company’s stock worth $839,000 after buying an additional 7,992 shares in the last quarter. UniSuper Management Pty Ltd increased its stake in shares of Tyson Foods by 501.1% in the 1st quarter. UniSuper Management Pty Ltd now owns 20,396 shares of the company’s stock valued at $1,198,000 after acquiring an additional 17,003 shares in the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Tyson Foods by 0.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 149,049 shares of the company’s stock valued at $8,758,000 after acquiring an additional 552 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Tyson Foods during the first quarter worth $527,000. Institutional investors own 67.00% of the company’s stock.

Insider Buying and Selling at Tyson Foods

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were 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 in the company, valued at $1,248,048. This trade represents a 35.28 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Wes Morris sold 22,783 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares of the company’s stock, valued at approximately $999,409.27. The trade was a 58.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 58,363 shares of company stock worth $3,732,049 over the last three months. 2.05% of the stock is owned by insiders.

Tyson Foods Price Performance

Shares of NYSE TSN opened at $63.25 on Thursday. The stock’s 50-day simple moving average is $60.04 and its two-hundred day simple moving average is $59.79. Tyson Foods, Inc. has a twelve month low of $46.51 and a twelve month high of $66.88. The firm has a market capitalization of $22.50 billion, a P/E ratio of 28.11, a P/E/G ratio of 0.95 and a beta of 0.78. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52.

Analysts Set New Price Targets

TSN has been the topic of a number of research reports. StockNews.com raised Tyson Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Piper Sandler increased their target price on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a report on Wednesday, November 13th. Bank of America decreased their price target on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research note on Tuesday, October 15th. BMO Capital Markets raised their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. upped their target price on shares of Tyson Foods from $61.00 to $63.00 and gave the stock a “neutral” rating in a report on Tuesday, August 6th. Two investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $60.67.

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.