Is Buying Tyson Foods Inc (NYSE:TSN) Here Good Idea?

June 13, 2018 - By Clifton Ray

Tyson Foods, Inc. (NYSE:TSN) Logo

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.08, from 1.12 in 2017Q4. It worsened, as 53 investors sold Tyson Foods, Inc. shares while 200 reduced holdings. 62 funds opened positions while 201 raised stakes. 255.20 million shares or 0.24% more from 254.57 million shares in 2017Q4 were reported.
Vantage Investment Advisors Ltd Llc reported 0% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Price T Rowe Assocs Inc Md accumulated 0.5% or 43.05 million shares. Sumitomo Mitsui Asset Mgmt, Japan-based fund reported 20,583 shares. Retail Bank Of The West reported 61,795 shares. Twin Cap Management Inc invested in 116,000 shares. Daiwa Sb Ltd holds 0.05% or 2,440 shares. Sumitomo Mitsui Trust owns 993,957 shares. Cornerstone Inc invested in 0.17% or 20,000 shares. Euclidean Mngmt Ltd has 2.33% invested in Tyson Foods, Inc. (NYSE:TSN) for 32,270 shares. Delphi Mngmt Ma reported 1.4% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Livforsakringsbolaget Skandia Omsesidigt has invested 0.51% of its portfolio in Tyson Foods, Inc. (NYSE:TSN). Tarbox Family Office Incorporated reported 77 shares. Biltmore Wealth Mgmt Limited Com owns 9,121 shares or 0.63% of their US portfolio. Jefferies Gp Llc reported 89,496 shares. Jane Street Gru invested in 27,500 shares or 0.01% of the stock.

Since December 18, 2017, it had 0 insider buys, and 2 selling transactions for $1.74 million activity. Stouffer Stephen R also sold $1.15 million worth of Tyson Foods, Inc. (NYSE:TSN) on Monday, December 18.

The stock of Tyson Foods Inc (NYSE:TSN) registered a decrease of 2.09% in short interest. TSN’s total short interest was 7.81M shares in June as published by FINRA. Its down 2.09% from 7.98M shares, reported previously. With 1.60 million shares average volume, it will take short sellers 5 days to cover their TSN’s short positions. The short interest to Tyson Foods Inc’s float is 2.76%.

The stock decreased 0.71% or $0.51 during the last trading session, reaching $71.48. About 1.40 million shares traded. Tyson Foods, Inc. (NYSE:TSN) has risen 19.78% since June 13, 2017 and is uptrending. It has outperformed by 7.21% the S&P500.

Tyson Foods, Inc., together with its subsidiaries, operates as a food firm worldwide. The company has market cap of $26.28 billion. It operates through four divisions: Chicken, Beef, Pork, and Prepared Foods. It has a 9.48 P/E ratio. The firm raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

Tyson Foods, Inc. (NYSE:TSN) Ratings Coverage

Among 10 analysts covering Tyson Foods (NYSE:TSN), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Tyson Foods has $94 highest and $7100 lowest target. $83.13’s average target is 16.30% above currents $71.48 stock price. Tyson Foods had 14 analyst reports since December 19, 2017 according to SRatingsIntel. As per Thursday, March 29, the company rating was maintained by Buckingham Research. Vertical Group downgraded the shares of TSN in report on Friday, April 20 to “Hold” rating. The firm has “Buy” rating by Piper Jaffray given on Friday, February 9. The rating was maintained by Morgan Stanley on Tuesday, May 8 with “Equal-Weight”. Mizuho maintained Tyson Foods, Inc. (NYSE:TSN) on Friday, February 9 with “Buy” rating. RBC Capital Markets maintained Tyson Foods, Inc. (NYSE:TSN) rating on Thursday, December 21. RBC Capital Markets has “Hold” rating and $90.0 target. On Tuesday, December 19 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The firm has “Hold” rating given on Friday, February 9 by RBC Capital Markets. As per Tuesday, May 8, the company rating was maintained by Credit Suisse. The firm has “Neutral” rating given on Tuesday, May 8 by Buckingham Research.

More notable recent Tyson Foods, Inc. (NYSE:TSN) news were published by: Seekingalpha.com which released: “Tyson Foods: Time To Load Up” on May 28, 2018, also Seekingalpha.com with their article: “Import quota allows US-Mexico pork sales” published on June 08, 2018, Seekingalpha.com published: “Tyson Foods strikes rendering deal” on May 15, 2018. More interesting news about Tyson Foods, Inc. (NYSE:TSN) were released by: Seekingalpha.com and their article: “Tyson Foods lands Tecumseh Poultry” published on June 04, 2018 as well as Nasdaq.com‘s news article titled: “Tyson Frozen Chicken Recall 2018: Check Your Freezer!” with publication date: June 11, 2018.

Tyson Foods, Inc. (NYSE:TSN) Institutional Positions Chart

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