How Jefferies Currently Rates Tyson Foods (NYSE:TSN)
Analysts at Jefferies started coverage for shares of Tyson Foods (NYSE:TSN) in a recent report revealed to investors and clients on 16 December. The brokerage set a “Buy” rating on the $19.72B market cap firm.
From a total of 10 analysts covering Tyson Foods Inc. (NYSE:TSN) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 80% of the ratings are positive. The highest target price is $65 while the lowest target price is $45. The mean of all analyst targets is $54.5 with a -6.72% below today’s ($54.14) stock price. Tyson Foods Inc. was the topic of 8 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 24 with “Outperform” rating. Zacks downgraded TSN stock in a recent report from August 6 to “Hold” rating.
Approximately 1.85 million shares of stock traded hands. Tyson Foods, Inc. (NYSE:TSN) has risen 31.20% since May 13, 2015 and is uptrending. It has outperformed by 33.83% the S&P500.
The overall sentiment of institutions has decreased to 1.13 in Q2 2015. Its down 0.01, from 1.14 in 2015Q2. The ratio turned negative, as 63 institutions have sold all the shares of Tyson Foods, Inc. that they owned while 184 funds have taken shares off the table. 58 funds have purchased shares for the first time while 220 added to their positions. These institutions now hold 254.26 million shares or 4.09% less than the 265.10 million shares they owned in 2015Q2.
The Fund Tpg currently is holding shares equating to 11.79% of its total portfolio in Tyson Foods, Inc. representing a total of 3.53 million shares. Another fund,Mountain Lake Investment Management Llc, is holding a total of 240,000 shares equating to 8.33% of their holdings. Additionally, Seminole Management Co. Inc. has a 3.69 million share stake in Tyson Foods, Inc. which represents 7.11% of their total portfolio. The Fund, Lomas Capital Management Llc, based out of New York, has also built up a stake in the stock, which represents a total of 6.22% of their total portfolio. Finally Caerus Global Investors Llc, a fund which is based in the state of New York reported a total holdings of 49,497 shares.
Insider activity is a very important aspect to track on any stock. Going back to March 23, 2015, shareholders of Tyson Foods, Inc. have witnessed 0 buys, and a total of 1 insider sale equating to a net activity of approximately $13.86 million . Tyson John H sold 335,550 shares worth approximately $13.86M. Carper Howell P sold 1,700 shares worth approximately $72,080. Smith Donald sold 10,000 shares worth approximately $417,774. Leatherby Dennis sold 8,000 shares worth approximately $341,676. The company insider Stouffer Stephen R sold 7,040 shares worth $303,353.
Tyson Foods, Inc., is a food production company. The company has a market cap of $19.72 billion. The Company’s activities are conducted in five divisions: Chicken, Beef, Pork, Prepared Foods and International. It has 18.37 P/E ratio. Chicken, includes domestic activities related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products.
According to Zacks Investment Research, “Tyson Foods, Inc. is the world’s largest fully-integrated producer, processor and marketer of chicken and poultry-based food products. Tyson is a comprehensive supplier of value-added chicken products through food service, retail grocery stores, club stores and international distribution channels. Although its core business is chicken, in the United States Tyson is also the second largest maker of corn and flour tortillas under the Mexican Original brand and through its subsidiary Cobb Vantress, the top chicken breeding stock supplier.”