Brooklyn Investment Group Purchases 570 Shares of Tyson Foods, Inc. (NYSE:TSN)

Brooklyn Investment Group increased its position in Tyson Foods, Inc. (NYSE:TSN) by 2,478.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 593 shares of the company’s stock after purchasing an additional 570 shares during the period. Brooklyn Investment Group’s holdings in Tyson Foods were worth $34,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. increased its stake in shares of Tyson Foods by 4.6% in the 2nd quarter. American Century Companies Inc. now owns 71,054 shares of the company’s stock worth $4,060,000 after acquiring an additional 3,106 shares in the last quarter. Federated Hermes Inc. increased its stake in shares of Tyson Foods by 222.5% during the second quarter. Federated Hermes Inc. now owns 3,283 shares of the company’s stock valued at $188,000 after purchasing an additional 2,265 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Tyson Foods by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 251,807 shares of the company’s stock valued at $14,388,000 after purchasing an additional 44,167 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of Tyson Foods by 8.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 37,481 shares of the company’s stock worth $2,142,000 after purchasing an additional 2,892 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of Tyson Foods by 7.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 22,898 shares of the company’s stock worth $1,308,000 after buying an additional 1,521 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Insider Transactions at Tyson Foods

In related news, General Counsel Adam S. Deckinger sold 10,500 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $64.80, for a total transaction of $680,400.00. Following the completion of the transaction, the general counsel now directly owns 19,260 shares of the company’s stock, valued at approximately $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Wes Morris sold 22,783 shares of Tyson Foods stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total value of $1,428,721.93. Following the completion of the sale, the insider now directly owns 15,937 shares in the company, valued at approximately $999,409.27. The trade was a 58.84 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 414,814 shares of company stock valued at $26,450,955. 2.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Piper Sandler boosted 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. 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 research note on Wednesday, November 13th. UBS Group started coverage on shares of Tyson Foods in a research note on Friday, January 10th. They set a “neutral” rating and a $62.00 price objective for the company. Bank of America dropped their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. Finally, Stephens raised their price target on shares of Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Two equities research 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.80.

Tyson Foods Stock Down 0.5 %

NYSE TSN opened at $55.73 on Monday. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 12 month low of $51.16 and a 12 month high of $66.88. The stock’s 50 day moving average is $60.15 and its 200 day moving average is $60.35. The stock has a market cap of $19.83 billion, a PE ratio of 24.77, a P/E/G ratio of 0.82 and a beta of 0.81.

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.