Quantinno Capital Management LP Has $7.63 Million Stock Position in Tyson Foods, Inc. (NYSE:TSN)

Quantinno Capital Management LP grew its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 375.7% in the fourth quarter, HoldingsChannel reports. The fund owned 132,892 shares of the company’s stock after acquiring an additional 104,955 shares during the period. Quantinno Capital Management LP’s holdings in Tyson Foods were worth $7,633,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Riverview Trust Co boosted its position in Tyson Foods by 3,423.1% during the 4th quarter. Riverview Trust Co now owns 458 shares of the company’s stock worth $26,000 after acquiring an additional 445 shares during the last quarter. Brooklyn Investment Group boosted its position in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after acquiring an additional 570 shares during the last quarter. SRS Capital Advisors Inc. raised its stake in shares of Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after purchasing an additional 229 shares in the last quarter. Ossiam raised its stake in shares of Tyson Foods by 41.6% during the 4th quarter. Ossiam now owns 626 shares of the company’s stock worth $36,000 after purchasing an additional 184 shares in the last quarter. Finally, TCTC Holdings LLC raised its stake in shares of Tyson Foods by 140.7% during the 4th quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock worth $38,000 after purchasing an additional 387 shares in the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Up 2.0%

TSN opened at $55.61 on Friday. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year high of $66.88. The stock’s fifty day simple moving average is $59.86 and its 200 day simple moving average is $59.55. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The stock has a market cap of $19.81 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. The firm had revenue of $13.07 billion for the quarter, compared to analysts’ expectations of $13.15 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned $0.62 EPS. As a group, research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Friday, August 29th. Tyson Foods’s payout ratio is 77.82%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TSN. StockNews.com cut Tyson Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Citigroup upped their price objective on Tyson Foods from $59.00 to $60.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 15th. Stephens dropped their price objective on Tyson Foods from $63.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 6th. JPMorgan Chase & Co. dropped their price objective on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 6th. Finally, Barclays dropped their price objective on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Ten research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $62.63.

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.