Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Colonial Trust Co SC

Colonial Trust Co SC lowered its stake in Tyson Foods, Inc. (NYSE:TSN) by 33.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 706 shares of the company’s stock after selling 350 shares during the quarter. Colonial Trust Co SC’s holdings in Tyson Foods were worth $41,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CoreCommodity Management LLC grew its position in Tyson Foods by 54.5% during the 4th quarter. CoreCommodity Management LLC now owns 102,279 shares of the company’s stock worth $5,875,000 after purchasing an additional 36,100 shares in the last quarter. Bridgefront Capital LLC grew its holdings in shares of Tyson Foods by 85.4% during the fourth quarter. Bridgefront Capital LLC now owns 8,460 shares of the company’s stock valued at $486,000 after buying an additional 3,896 shares in the last quarter. Captrust Financial Advisors lifted its stake in Tyson Foods by 21.4% in the 4th quarter. Captrust Financial Advisors now owns 10,733 shares of the company’s stock worth $617,000 after acquiring an additional 1,895 shares in the last quarter. Caxton Associates LP acquired a new stake in Tyson Foods during the 4th quarter worth about $391,000. Finally, Baird Financial Group Inc. grew its stake in Tyson Foods by 124.3% during the 4th quarter. Baird Financial Group Inc. now owns 4,663 shares of the company’s stock valued at $268,000 after acquiring an additional 2,584 shares in the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Trading Down 1.8 %

Shares of TSN stock opened at $55.31 on Friday. The business’s 50 day moving average is $60.33 and its two-hundred day moving average is $59.65. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The company has a market cap of $19.70 billion, a PE ratio of 18.69, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, May 5th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. During the same quarter in the previous year, the business earned $0.62 EPS. The business’s revenue was up .0% on a year-over-year basis. Equities analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Analysts Set New Price Targets

TSN has been the subject of several research reports. UBS Group assumed coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target for the company. JPMorgan Chase & Co. lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a report on Tuesday. Citigroup increased their price objective on Tyson Foods from $59.00 to $60.00 and gave the stock a “neutral” rating in a report on Tuesday, April 15th. Barclays dropped their target price on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Finally, StockNews.com lowered Tyson Foods from a “buy” rating to a “hold” rating in a report on Tuesday. Ten research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $62.63.

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.