Mount Yale Investment Advisors LLC Has $3.37 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Mount Yale Investment Advisors LLC reduced its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 23.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 58,631 shares of the company’s stock after selling 17,509 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Tyson Foods were worth $3,368,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brooklyn Investment Group increased its holdings in shares of Tyson Foods by 2,478.3% during the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after acquiring an additional 570 shares in the last quarter. Catalyst Capital Advisors LLC grew its position in Tyson Foods by 56.1% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock valued at $35,000 after purchasing an additional 210 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in Tyson Foods during the 3rd quarter valued at $36,000. ST Germain D J Co. Inc. acquired a new position in Tyson Foods during the fourth quarter worth $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Tyson Foods by 301.6% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock valued at $44,000 after buying an additional 561 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $56.51 on Monday. The firm has a market capitalization of $20.11 billion, a P/E ratio of 25.12, a price-to-earnings-growth ratio of 0.83 and a beta of 0.81. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. The business’s fifty day simple moving average is $59.49 and its 200 day simple moving average is $60.37. Tyson Foods, Inc. has a 12 month low of $51.16 and a 12 month high of $66.88.

Analyst Ratings Changes

Several equities research analysts have recently commented on TSN shares. BMO Capital Markets boosted their target price on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. Citigroup cut their price target on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. UBS Group assumed coverage on Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 price objective for the company. Bank of America cut their target price on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 15th. Finally, Stephens upped their price target on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Two investment 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $60.70.

Insider Transactions at Tyson Foods

In related news, Director Noel W. White sold 171,057 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.70, for a total value of $10,896,330.90. Following the transaction, the director now owns 36,179 shares in the company, valued at approximately $2,304,602.30. This represents a 82.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman John H. Tyson sold 185,394 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $63.77, for a total value of $11,822,575.38. Following the completion of the sale, the chairman now directly owns 3,003,374 shares of the company’s stock, valued at $191,525,159.98. This represents a 5.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 414,814 shares of company stock worth $26,450,955 in the last ninety days. Company insiders own 2.03% of the company’s stock.

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.