Sivia Capital Partners LLC Grows Position in Tyson Foods, Inc. $TSN

Sivia Capital Partners LLC raised its stake in Tyson Foods, Inc. (NYSE:TSNFree Report) by 131.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 17,096 shares of the company’s stock after acquiring an additional 9,701 shares during the period. Sivia Capital Partners LLC’s holdings in Tyson Foods were worth $1,002,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Pzena Investment Management LLC increased its stake in Tyson Foods by 10.7% in the fourth quarter. Pzena Investment Management LLC now owns 15,310,513 shares of the company’s stock valued at $897,502,000 after purchasing an additional 1,480,987 shares during the last quarter. State Street Corp lifted its stake in Tyson Foods by 0.6% in the third quarter. State Street Corp now owns 14,075,676 shares of the company’s stock valued at $764,309,000 after buying an additional 85,282 shares during the last quarter. Davis Selected Advisers boosted its stake in Tyson Foods by 28.8% during the 4th quarter. Davis Selected Advisers now owns 12,827,540 shares of the company’s stock worth $751,951,000 after purchasing an additional 2,865,413 shares during the period. AQR Capital Management LLC grew its position in Tyson Foods by 34.4% during the 3rd quarter. AQR Capital Management LLC now owns 6,726,796 shares of the company’s stock worth $363,852,000 after purchasing an additional 1,720,009 shares during the last quarter. Finally, Invesco Ltd. grew its position in Tyson Foods by 1.8% during the 3rd quarter. Invesco Ltd. now owns 5,972,015 shares of the company’s stock worth $324,280,000 after purchasing an additional 107,884 shares during the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Weiss Ratings raised Tyson Foods from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Tyson Foods in a research report on Tuesday, May 5th. Stephens lifted their price objective on shares of Tyson Foods from $65.00 to $70.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. lowered their price objective on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 24th. Finally, Wall Street Zen upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $68.27.

Get Our Latest Stock Analysis on TSN

Tyson Foods Trading Down 4.3%

Shares of TSN stock opened at $57.00 on Thursday. Tyson Foods, Inc. has a fifty-two week low of $50.56 and a fifty-two week high of $69.48. The stock has a market cap of $20.07 billion, a P/E ratio of 44.88, a P/E/G ratio of 1.22 and a beta of 0.38. The business has a fifty day simple moving average of $64.55 and a 200-day simple moving average of $61.72. The company has a quick ratio of 0.70, a current ratio of 1.83 and a debt-to-equity ratio of 0.44.

Tyson Foods (NYSE:TSNGet Free Report) last announced its quarterly earnings results on Monday, May 4th. The company reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.11. Tyson Foods had a return on equity of 7.59% and a net margin of 0.81%.The business had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.63 billion. During the same quarter last year, the business posted $0.92 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, analysts forecast that Tyson Foods, Inc. will post 4.1 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Tuesday, September 1st. Tyson Foods’s dividend payout ratio (DPR) is currently 160.63%.

Tyson Foods Profile

(Free Report)

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.

See Also

Want to see what other hedge funds are holding TSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyson Foods, Inc. (NYSE:TSNFree Report).

Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.