ZWJ Investment Counsel Inc. Has $21.15 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

ZWJ Investment Counsel Inc. lowered its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 368,141 shares of the company’s stock after selling 1,675 shares during the period. ZWJ Investment Counsel Inc. owned about 0.10% of Tyson Foods worth $21,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in Tyson Foods by 44.8% during the third quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company’s stock valued at $67,917,000 after purchasing an additional 352,863 shares during the last quarter. Mizuho Securities USA LLC raised its stake in shares of Tyson Foods by 517.7% during the 3rd quarter. Mizuho Securities USA LLC now owns 136,235 shares of the company’s stock worth $8,114,000 after purchasing an additional 114,179 shares in the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Tyson Foods during the 4th quarter valued at about $775,000. Y Intercept Hong Kong Ltd acquired a new position in Tyson Foods in the third quarter worth approximately $1,036,000. Finally, The Manufacturers Life Insurance Company raised its position in Tyson Foods by 4.1% during the third quarter. The Manufacturers Life Insurance Company now owns 466,588 shares of the company’s stock valued at $27,790,000 after acquiring an additional 18,317 shares in the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the stock. UBS Group assumed coverage on shares of Tyson Foods in a research report on Friday, January 10th. They issued a “neutral” rating and a $62.00 target price for the company. Piper Sandler increased their target price on shares of Tyson Foods from $50.00 to $58.00 and gave the stock an “underweight” rating in a research report on Wednesday, November 13th. Bank of America reduced their price target on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating for the company in a research report on Tuesday, October 15th. Stephens increased their price objective 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, Citigroup reduced their target price on Tyson Foods from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $60.80.

Insider Transactions at Tyson Foods

In other Tyson Foods news, General Counsel Adam S. Deckinger sold 10,500 shares of Tyson Foods stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total transaction of $680,400.00. Following the sale, the general counsel now owns 19,260 shares in the company, valued at $1,248,048. The trade was a 35.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Wes Morris sold 25,080 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the sale, the insider now directly owns 10,625 shares in the company, valued at $687,543.75. This trade represents a 70.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 414,814 shares of company stock worth $26,450,955. 2.03% of the stock is currently owned by company insiders.

Tyson Foods Trading Down 0.5 %

Shares of TSN stock opened at $55.73 on Tuesday. The firm has a market capitalization of $19.83 billion, a P/E ratio of 24.77, a price-to-earnings-growth ratio of 0.83 and a beta of 0.81. Tyson Foods, Inc. has a 1 year low of $51.16 and a 1 year high of $66.88. The firm’s fifty day simple moving average is $60.15 and its 200 day simple moving average is $60.38. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52.

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.