Lincoln Capital Corp Has $2.42 Million Position in Tyson Foods, Inc. (NYSE:TSN)

Lincoln Capital Corp reduced its stake in Tyson Foods, Inc. (NYSE:TSN) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,054 shares of the company’s stock after selling 220 shares during the quarter. Tyson Foods comprises 1.0% of Lincoln Capital Corp’s holdings, making the stock its 29th largest position. Lincoln Capital Corp’s holdings in Tyson Foods were worth $2,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. grew its stake in shares of Tyson Foods by 1.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 19,692 shares of the company’s stock valued at $1,131,000 after acquiring an additional 210 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Tyson Foods by 28.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,315 shares of the company’s stock worth $76,000 after purchasing an additional 288 shares in the last quarter. Liberty One Investment Management LLC increased its holdings in shares of Tyson Foods by 7.1% during the fourth quarter. Liberty One Investment Management LLC now owns 74,648 shares of the company’s stock worth $4,288,000 after purchasing an additional 4,922 shares during the period. Aaron Wealth Advisors LLC acquired a new stake in shares of Tyson Foods in the fourth quarter valued at approximately $291,000. Finally, Kera Capital Partners Inc. bought a new stake in shares of Tyson Foods in the fourth quarter valued at approximately $205,000. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

Tyson Foods stock opened at $56.08 on Friday. The firm has a fifty day simple moving average of $59.81 and a two-hundred day simple moving average of $60.34. Tyson Foods, Inc. has a twelve month low of $51.16 and a twelve month high of $66.88. The company has a market capitalization of $19.96 billion, a PE ratio of 24.93, a P/E/G ratio of 0.83 and a beta of 0.81. The company has a quick ratio of 0.95, a current ratio of 2.04 and a debt-to-equity ratio of 0.52.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Piper Sandler upped their target price on Tyson Foods from $50.00 to $58.00 and gave the company an “underweight” rating in a research report on Wednesday, November 13th. UBS Group began coverage on Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 price objective on the stock. Barclays decreased their price target on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research note on Tuesday. Stephens raised their target price on Tyson Foods from $57.00 to $60.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. Finally, Bank of America reduced their target price on shares of Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $60.70.

Insider Activity

In related news, Chairman John H. Tyson sold 185,394 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the completion of the transaction, the chairman now owns 3,003,374 shares in the company, valued at $191,525,159.98. This represents a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Noel W. White sold 171,057 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the transaction, the director now owns 36,179 shares in the company, valued at $2,304,602.30. This represents a 82.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 414,814 shares of company stock valued at $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.