First Community Trust NA Decreases Stake in Tyson Foods, Inc. (NYSE:TSN)

First Community Trust NA cut its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 36.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 700 shares of the company’s stock after selling 406 shares during the quarter. First Community Trust NA’s holdings in Tyson Foods were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TSN. 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 valued at $35,000 after buying an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Tyson Foods during the third quarter worth $36,000. ST Germain D J Co. Inc. bought a new position in shares of Tyson Foods in the fourth quarter worth $42,000. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Tyson Foods by 301.6% in the third 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 in the last quarter. Finally, Northwest Investment Counselors LLC purchased a new stake in Tyson Foods during the 3rd quarter worth about $59,000. Institutional investors own 67.00% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Citigroup reduced their target price on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Bank of America decreased their target price 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. Piper Sandler raised their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, November 13th. BMO Capital Markets upped their price target on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. Finally, UBS Group started coverage on Tyson Foods in a research note on Friday, January 10th. They set a “neutral” rating and a $62.00 price objective for the company. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and an average target price of $60.80.

Insider Buying and Selling

In related news, insider Wes Morris sold 25,080 shares of Tyson Foods stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total value of $1,622,926.80. Following the transaction, the insider now owns 10,625 shares in the company, valued at $687,543.75. This trade represents a 70.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman John H. Tyson sold 185,394 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the sale, the chairman now owns 3,003,374 shares of the company’s stock, valued at approximately $191,525,159.98. The trade was a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock worth $26,450,955 in the last quarter. 2.03% of the stock is owned by insiders.

Tyson Foods Trading Down 0.5 %

Shares of TSN stock opened at $55.35 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52. The firm has a market cap of $19.70 billion, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 0.91 and a beta of 0.81. The business has a 50-day moving average price of $60.35 and a two-hundred day moving average price of $60.40. Tyson Foods, Inc. has a 12-month low of $51.16 and a 12-month high of $66.88.

Tyson Foods 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.