7,168 Shares in Tyson Foods, Inc. (NYSE:TSN) Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC purchased a new position in shares of Tyson Foods, Inc. (NYSE:TSN) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 7,168 shares of the company’s stock, valued at approximately $427,000.

Several other institutional investors have also bought and sold shares of TSN. Catalyst Capital Advisors LLC grew its holdings in 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 buying an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new position in Tyson Foods in the 3rd quarter valued at $36,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in Tyson Foods by 301.6% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock valued at $44,000 after purchasing an additional 561 shares during the period. Hantz Financial Services Inc. bought a new position in Tyson Foods in the 2nd quarter valued at $54,000. Finally, Northwest Investment Counselors LLC bought a new position in Tyson Foods in the 3rd quarter valued at $59,000. Institutional investors own 67.00% of the company’s stock.

Wall Street Analysts Forecast Growth

TSN has been the subject of several research reports. Barclays increased their price target on Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Piper Sandler increased their price target on Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a research note 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 research note on Wednesday, October 9th. BMO Capital Markets increased their price target on Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. Finally, Bank of America cut their price target 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. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $60.67.

Tyson Foods Stock Performance

Shares of TSN opened at $61.20 on Friday. The stock’s 50-day simple moving average is $60.99 and its 200 day simple moving average is $60.17. The stock has a market capitalization of $21.78 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 0.94 and a beta of 0.79. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04. Tyson Foods, Inc. has a 52-week low of $49.97 and a 52-week high of $66.88.

Insider Buying and Selling at Tyson Foods

In other Tyson Foods news, insider Wes Morris sold 25,080 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $64.71, for a total value of $1,622,926.80. Following the sale, the insider now owns 10,625 shares of the company’s stock, valued at $687,543.75. This trade represents a 70.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the firm’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $64.80, for a total value of $680,400.00. Following the transaction, the general counsel now directly owns 19,260 shares in the company, valued at approximately $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 414,814 shares of company stock valued at $26,450,955 in the last 90 days. Corporate insiders own 2.05% of the company’s stock.

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.