Colonial Trust Co SC Sells 350 Shares of Tyson Foods, Inc. (NYSE:TSN)

Colonial Trust Co SC lowered its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 33.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 706 shares of the company’s stock after selling 350 shares during the period. Colonial Trust Co SC’s holdings in Tyson Foods were worth $41,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in shares of Tyson Foods by 10.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,896 shares of the company’s stock worth $109,000 after purchasing an additional 173 shares in the last quarter. Syon Capital LLC lifted its position in Tyson Foods by 5.1% in the fourth quarter. Syon Capital LLC now owns 3,563 shares of the company’s stock worth $205,000 after purchasing an additional 174 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Tyson Foods by 1.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock worth $643,000 after buying an additional 184 shares in the last quarter. Norinchukin Bank The increased its holdings in Tyson Foods by 1.7% in the 4th quarter. Norinchukin Bank The now owns 11,002 shares of the company’s stock valued at $632,000 after buying an additional 184 shares during the period. Finally, Ossiam raised its stake in shares of Tyson Foods by 41.6% in the 4th quarter. Ossiam now owns 626 shares of the company’s stock valued at $36,000 after buying an additional 184 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Trading Down 1.8 %

Shares of NYSE TSN opened at $55.31 on Friday. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year high of $66.88. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average of $60.33 and a two-hundred day moving average of $59.65. The company has a market cap of $19.70 billion, a PE ratio of 18.69, a P/E/G ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.07. The firm had revenue of $13.07 billion for the quarter, compared to analyst estimates of $13.15 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business’s quarterly revenue was up .0% compared to the same quarter last year. During the same period last year, the company earned $0.62 EPS. As a group, equities analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

TSN has been the subject of several recent research reports. Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price target for the company in a research report on Tuesday, February 4th. StockNews.com downgraded Tyson Foods from a “buy” rating to a “hold” rating in a research report on Tuesday. Citigroup upped their price target on Tyson Foods from $59.00 to $60.00 and gave the company a “neutral” rating in a research report on Tuesday, April 15th. Barclays reduced their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, UBS Group initiated coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price for the company. Ten analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, Tyson Foods has a consensus rating of “Hold” and a consensus 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.