Amalgamated Bank Has $3.95 Million Position in Tyson Foods, Inc. (NYSE:TSN)

Amalgamated Bank grew its position in Tyson Foods, Inc. (NYSE:TSN) by 3.0% during the 4th quarter, Holdings Channel reports. The firm owned 73,416 shares of the company’s stock after purchasing an additional 2,170 shares during the quarter. Amalgamated Bank’s holdings in Tyson Foods were worth $3,946,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TSN. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Tyson Foods by 1.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 64,789 shares of the company’s stock worth $3,271,000 after buying an additional 1,068 shares in the last quarter. Raymond James & Associates raised its position in Tyson Foods by 2.6% in the 3rd quarter. Raymond James & Associates now owns 183,668 shares of the company’s stock valued at $9,273,000 after purchasing an additional 4,618 shares during the last quarter. Lindbrook Capital LLC boosted its stake in Tyson Foods by 306.8% in the third quarter. Lindbrook Capital LLC now owns 716 shares of the company’s stock worth $36,000 after purchasing an additional 540 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Tyson Foods by 4.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 109,160 shares of the company’s stock worth $5,511,000 after purchasing an additional 4,382 shares during the last quarter. Finally, IFM Investors Pty Ltd increased its stake in shares of Tyson Foods by 3.2% in the third quarter. IFM Investors Pty Ltd now owns 56,511 shares of the company’s stock valued at $2,853,000 after buying an additional 1,755 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Insider Transactions at Tyson Foods

In related news, Director Noel W. White sold 9,000 shares of the company’s stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $53.75, for a total value of $483,750.00. Following the completion of the sale, the director now owns 31,115 shares in the company, valued at approximately $1,672,431.25. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 2.05% of the company’s stock.

Tyson Foods Trading Up 0.4 %

NYSE TSN opened at $59.14 on Thursday. Tyson Foods, Inc. has a 12 month low of $44.94 and a 12 month high of $62.04. The stock has a 50-day simple moving average of $57.89 and a 200 day simple moving average of $53.62. The company has a current ratio of 1.49, a quick ratio of 0.67 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $21.07 billion, a PE ratio of -23.94, a P/E/G ratio of 0.49 and a beta of 0.74.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, May 6th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.23. Tyson Foods had a positive return on equity of 2.23% and a negative net margin of 1.62%. The company had revenue of $13.07 billion during the quarter, compared to analysts’ expectations of $13.16 billion. During the same period in the prior year, the business posted ($0.04) EPS. Tyson Foods’s revenue was down .5% on a year-over-year basis. Research analysts forecast that Tyson Foods, Inc. will post 2.33 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. HSBC upped their price target on shares of Tyson Foods from $48.00 to $51.00 and gave the stock a “reduce” rating in a research report on Tuesday. The Goldman Sachs Group increased their price target on shares of Tyson Foods from $49.00 to $54.00 and gave the company a “neutral” rating in a research note on Wednesday, April 17th. Stephens restated an “overweight” rating and issued a $70.00 price objective on shares of Tyson Foods in a research report on Tuesday, February 6th. JPMorgan Chase & Co. increased their price objective on Tyson Foods from $58.00 to $59.00 in a research report on Monday. Finally, BMO Capital Markets lifted their target price on Tyson Foods from $55.00 to $58.00 and gave the company a “market perform” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $60.60.

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.