Tyson Foods, Inc. $TSN Position Increased by Keybank National Association OH

Keybank National Association OH lifted its position in Tyson Foods, Inc. (NYSE:TSN) by 9.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 356,363 shares of the company’s stock after buying an additional 29,777 shares during the period. Keybank National Association OH owned approximately 0.10% of Tyson Foods worth $18,007,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Groupama Asset Managment lifted its position in Tyson Foods by 1.3% during the first quarter. Groupama Asset Managment now owns 12,562 shares of the company’s stock valued at $805,000 after acquiring an additional 159 shares during the last quarter. Unison Advisors LLC boosted its stake in Tyson Foods by 0.9% in the third quarter. Unison Advisors LLC now owns 27,608 shares of the company’s stock valued at $1,395,000 after acquiring an additional 240 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in Tyson Foods by 22.3% in the third quarter. SBI Securities Co. Ltd. now owns 1,323 shares of the company’s stock valued at $67,000 after acquiring an additional 241 shares in the last quarter. Rosenberg Matthew Hamilton boosted its stake in Tyson Foods by 15.0% in the second quarter. Rosenberg Matthew Hamilton now owns 1,995 shares of the company’s stock valued at $114,000 after acquiring an additional 260 shares in the last quarter. Finally, Crossmark Global Holdings Inc. grew its holdings in Tyson Foods by 1.5% in the second quarter. Crossmark Global Holdings Inc. now owns 19,661 shares of the company’s stock worth $1,126,000 after purchasing an additional 298 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised Tyson Foods from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 22nd. BMO Capital Markets decreased their price objective on Tyson Foods from $75.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, September 4th. Barclays lowered their price objective on Tyson Foods from $78.00 to $75.00 and set an “overweight” rating for the company in a research report on Friday, September 4th. Zacks Research downgraded Tyson Foods from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. raised Tyson Foods from a “neutral” rating to an “overweight” rating and reduced their target price for the company from $65.00 to $63.00 in a research report on Friday, September 18th. Five analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $66.78.

Tyson Foods Stock Down 0.7%

TSN stock opened at $59.88 on Thursday. The firm has a 50 day moving average of $54.17 and a 200 day moving average of $59.52. The stock has a market capitalization of $21.06 billion, a PE ratio of 36.96, a price-to-earnings-growth ratio of 1.00 and a beta of 0.38. The company has a quick ratio of 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. Tyson Foods, Inc. has a 52 week low of $49.96 and a 52 week high of $69.48.

Tyson Foods Profile

Tyson Foods, Inc. is a food company focused on protein production and prepared foods. Its businesses include chicken, beef and pork products, as well as ready-to-eat and other prepared foods sold to retail customers, food-service operators and industrial buyers. The company’s products are marketed under brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park and Wright. Offerings range from fresh and frozen meat to deli products, sausages, bacon and prepared meals. Founded in 1935 by John W. Tyson, the company is headquartered in Springdale, Arkansas.