Cyndeo Wealth Partners LLC Purchases New Shares in Tyson Foods, Inc. (NYSE:TSN)

Cyndeo Wealth Partners LLC acquired a new position in shares of Tyson Foods, Inc. (NYSE:TSN) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 77,328 shares of the company’s stock, valued at approximately $4,442,000.

A number of other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group grew its holdings in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after purchasing an additional 570 shares during the last quarter. Catalyst Capital Advisors LLC lifted its stake 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 acquiring an additional 210 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in Tyson Foods during the 3rd quarter valued at $36,000. ST Germain D J Co. Inc. bought a new position in Tyson Foods in the 4th quarter valued at $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its stake in Tyson Foods by 301.6% in the third 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 period. Institutional investors own 67.00% of the company’s stock.

Insider Activity at Tyson Foods

In other Tyson Foods news, Chairman John H. Tyson sold 185,394 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $63.77, for a total value of $11,822,575.38. Following the completion of the sale, the chairman now directly owns 3,003,374 shares in the company, valued at approximately $191,525,159.98. This trade represents a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 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 sale, the general counsel now owns 19,260 shares in the company, valued at $1,248,048. The trade was a 35.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock valued at $26,450,955 over the last 90 days. Insiders own 2.03% of the company’s stock.

Tyson Foods Stock Performance

TSN stock opened at $56.51 on Friday. The firm has a 50-day simple moving average of $59.49 and a two-hundred day simple moving average of $60.31. 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 one year low of $51.16 and a one year high of $66.88. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 0.83 and a beta of 0.81.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Bank of America cut their price target on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a report on Tuesday, October 15th. UBS Group began coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price on the stock. BMO Capital Markets lifted their target price 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. Barclays dropped their price target on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Citigroup lowered their price objective on shares of Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $60.70.

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.