Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Compass Wealth Management LLC

Compass Wealth Management LLC trimmed its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 2.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,625 shares of the company’s stock after selling 250 shares during the quarter. Compass Wealth Management LLC’s holdings in Tyson Foods were worth $553,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Cyndeo Wealth Partners LLC acquired a new position in Tyson Foods in the 4th quarter valued at $4,442,000. Geneos Wealth Management Inc. raised its stake in Tyson Foods by 6.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 64,436 shares of the company’s stock worth $3,701,000 after purchasing an additional 3,662 shares during the period. apricus wealth LLC lifted its holdings in Tyson Foods by 2.8% in the fourth quarter. apricus wealth LLC now owns 54,265 shares of the company’s stock valued at $3,117,000 after acquiring an additional 1,485 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in Tyson Foods by 4.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 8,007 shares of the company’s stock worth $460,000 after acquiring an additional 352 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in Tyson Foods by 14.0% in the fourth quarter. Sound Income Strategies LLC now owns 56,537 shares of the company’s stock valued at $3,248,000 after purchasing an additional 6,955 shares during the period. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Price Performance

Tyson Foods stock opened at $56.51 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 2.04. The company has a market cap of $20.11 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 0.83 and a beta of 0.81. Tyson Foods, Inc. has a 1 year low of $51.16 and a 1 year high of $66.88. The firm has a 50 day moving average price of $59.49 and a 200 day moving average price of $60.31.

Analyst Upgrades and Downgrades

TSN has been the topic of a number of recent analyst reports. Stephens upped their target price 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. BMO Capital Markets upped their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. Piper Sandler lifted their target price on shares of Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a report on Wednesday, November 13th. Bank of America decreased their price target on 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, Barclays dropped their price objective on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Tyson Foods presently has an average rating of “Hold” and an average target price of $60.70.

Insider Buying and Selling at Tyson Foods

In related news, General Counsel Adam S. Deckinger sold 10,500 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total value 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Wes Morris sold 22,783 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares in the company, valued at approximately $999,409.27. This trade represents a 58.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 414,814 shares of company stock valued at $26,450,955 over the last ninety days. Corporate insiders own 2.03% of the company’s stock.

Tyson Foods Company 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.