Tyson Foods, Inc. (TSN) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC decreased its stake in Tyson Foods, Inc. (NYSE:TSN) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 99,000 shares of the company’s stock after selling 2,000 shares during the quarter. Gabelli Funds LLC’s holdings in Tyson Foods were worth $6,975,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sun Life Financial INC lifted its stake in shares of Tyson Foods by 21,000.0% in the second quarter. Sun Life Financial INC now owns 2,110 shares of the company’s stock worth $132,000 after buying an additional 2,100 shares in the last quarter. Washington Trust Bank lifted its stake in shares of Tyson Foods by 60.0% in the second quarter. Washington Trust Bank now owns 2,240 shares of the company’s stock worth $140,000 after buying an additional 840 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of Tyson Foods by 17.0% in the second quarter. IFP Advisors Inc now owns 2,470 shares of the company’s stock worth $155,000 after buying an additional 359 shares in the last quarter. Cadence Bank NA purchased a new position in shares of Tyson Foods in the third quarter worth about $200,000. Finally, Newman Dignan & Sheerar Inc. purchased a new position in shares of Tyson Foods in the third quarter worth about $203,000. Institutional investors and hedge funds own 71.01% of the company’s stock.

In other Tyson Foods news, Director Zepeda Francisco Art Bonillas sold 107,264 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of C$0.53, for a total transaction of C$56,849.92. Also, CFO Dennis Leatherby sold 145,100 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of C$65.97, for a total transaction of C$9,572,247.00. The disclosure for this sale can be found here. Insiders own 2.65% of the company’s stock.

A number of equities analysts have commented on TSN shares. Zacks Investment Research downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Pivotal Research reaffirmed a “sell” rating and set a $40.00 target price on shares of Tyson Foods in a research note on Tuesday, August 8th. Credit Suisse Group reaffirmed a “neutral” rating and set a $75.00 target price (up from $70.00) on shares of Tyson Foods in a research note on Sunday, October 1st. They noted that the move was a valuation call. BidaskClub downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $75.00 target price on shares of Tyson Foods in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company. Tyson Foods presently has an average rating of “Buy” and a consensus price target of C$69.17.

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Tyson Foods, Inc. (NYSE TSN) opened at C$74.14 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.63 and a debt-to-equity ratio of 0.97. The firm has a market cap of $26,636.80, a P/E ratio of 15.32 and a beta of 0.30. Tyson Foods, Inc. has a twelve month low of C$55.72 and a twelve month high of C$74.30.

Tyson Foods Company Profile

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

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Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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