Kera Capital Partners Inc. Makes New $205,000 Investment in Tyson Foods, Inc. (NYSE:TSN)

Kera Capital Partners Inc. purchased a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 3,563 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brooklyn Investment Group increased its holdings in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after acquiring an additional 570 shares during the period. Catalyst Capital Advisors LLC increased its holdings in shares of Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after purchasing an additional 210 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in shares of Tyson Foods in the third quarter worth $36,000. ST Germain D J Co. Inc. purchased a new position in Tyson Foods during the fourth quarter worth about $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in Tyson Foods by 301.6% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock worth $44,000 after buying an additional 561 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TSN. Piper Sandler lifted their price target on Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, November 13th. BMO Capital Markets boosted their price target on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. Bank of America dropped their price objective on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a report on Tuesday, October 15th. UBS Group started coverage on Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 target price on the stock. Finally, Stephens lifted their price target on Tyson Foods from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 13th. Two equities research analysts have 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.com, the company has a consensus rating of “Hold” and a consensus target price of $60.80.

Tyson Foods Price Performance

TSN opened at $55.73 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.04 and a quick ratio of 0.95. Tyson Foods, Inc. has a 1 year low of $51.16 and a 1 year high of $66.88. The stock’s 50 day simple moving average is $60.15 and its 200 day simple moving average is $60.35. The firm has a market cap of $19.83 billion, a price-to-earnings ratio of 24.77, a PEG ratio of 0.82 and a beta of 0.81.

Insider Transactions at Tyson Foods

In other Tyson Foods news, insider Wes Morris sold 22,783 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $62.71, for a total value 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Adam S. Deckinger sold 10,500 shares of the business’s stock in a transaction that occurred 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 transaction, the general counsel now directly owns 19,260 shares in the company, valued at $1,248,048. This trade represents a 35.28 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 414,814 shares of company stock worth $26,450,955. 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.