Tyson Foods, Inc. (NYSE:TSN) Shares Bought by JB Capital LLC

JB Capital LLC increased its position in Tyson Foods, Inc. (NYSE:TSN) by 3.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,868 shares of the company’s stock after buying an additional 1,860 shares during the quarter. JB Capital LLC’s holdings in Tyson Foods were worth $3,447,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Catalyst Capital Advisors LLC raised its holdings in Tyson Foods by 56.1% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after buying an additional 210 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings 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 purchasing an additional 561 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in shares of Tyson Foods in the second quarter worth $54,000. Northwest Investment Counselors LLC acquired a new position in Tyson Foods during the third quarter valued at $59,000. Finally, SYSTM Wealth Solutions LLC raised its position in Tyson Foods by 1,566.2% during the second quarter. SYSTM Wealth Solutions LLC now owns 1,083 shares of the company’s stock valued at $62,000 after buying an additional 1,018 shares during the period. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

Shares of TSN traded down $0.01 during mid-day trading on Thursday, hitting $59.15. 346,274 shares of the company traded hands, compared to its average volume of 2,423,890. The company has a current ratio of 1.82, a quick ratio of 0.95 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $21.05 billion, a price-to-earnings ratio of -986.00, a PEG ratio of 0.37 and a beta of 0.78. The business has a 50-day moving average of $60.51 and a 200 day moving average of $59.70. Tyson Foods, Inc. has a one year low of $45.13 and a one year high of $66.88.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, August 5th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.65 by $0.22. The company had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $13.21 billion. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm earned $0.15 EPS. As a group, equities analysts expect that Tyson Foods, Inc. will post 2.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TSN has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their target price on shares of Tyson Foods from $61.00 to $63.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 6th. Piper Sandler cut Tyson Foods from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $57.00 to $50.00 in a research report on Wednesday, September 25th. Bank of America dropped their price objective 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. BMO Capital Markets upped their target price on shares of Tyson Foods from $58.00 to $60.00 and gave the company a “market perform” rating in a research note on Tuesday, August 6th. Finally, Citigroup reduced their price objective on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, October 9th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $59.22.

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.