Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Community Bank of Raymore

Community Bank of Raymore cut its stake in Tyson Foods, Inc. (NYSE:TSN) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,540 shares of the company’s stock after selling 1,760 shares during the period. Tyson Foods accounts for 2.2% of Community Bank of Raymore’s portfolio, making the stock its 15th largest position. Community Bank of Raymore’s holdings in Tyson Foods were worth $2,846,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in TSN. Liberty One Investment Management LLC increased its stake in Tyson Foods by 7.1% during the fourth quarter. Liberty One Investment Management LLC now owns 74,648 shares of the company’s stock valued at $4,288,000 after purchasing an additional 4,922 shares during the last quarter. Aaron Wealth Advisors LLC bought a new stake in Tyson Foods during the fourth quarter valued at $291,000. Kera Capital Partners Inc. bought a new stake in Tyson Foods during the fourth quarter valued at $205,000. Brooklyn Investment Group increased its stake in Tyson Foods by 2,478.3% during the fourth 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. Finally, Everpar Advisors LLC increased its stake in Tyson Foods by 0.4% during the fourth quarter. Everpar Advisors LLC now owns 63,120 shares of the company’s stock valued at $3,626,000 after purchasing an additional 240 shares during the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Tyson Foods

In other Tyson Foods news, insider Wes Morris sold 25,080 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now directly owns 10,625 shares of the company’s stock, valued at approximately $687,543.75. This represents a 70.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $64.80, for a total transaction of $680,400.00. Following the sale, the general counsel now directly owns 19,260 shares of the company’s stock, valued at $1,248,048. This represents a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 414,814 shares of company stock valued at $26,450,955. 2.03% of the stock is owned by insiders.

Tyson Foods Stock Performance

TSN stock opened at $55.73 on Monday. The company has a market capitalization of $19.83 billion, a P/E ratio of 24.77, a PEG ratio of 0.82 and a beta of 0.81. The company has a 50-day simple moving average of $60.15 and a 200 day simple moving average of $60.35. Tyson Foods, Inc. has a fifty-two week low of $51.16 and a fifty-two week high of $66.88. 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

Several analysts have weighed in on the stock. UBS Group initiated coverage on shares of Tyson Foods in a research note on Friday, January 10th. They set a “neutral” rating and a $62.00 target price for the company. Citigroup lowered their price target on shares of Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. 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 report on Wednesday, November 13th. Piper Sandler upped their price target on shares of Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 13th. Finally, Stephens upped their price target on shares of Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and a consensus price target of $60.80.

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.