Lion Street Advisors LLC Raises Stake in Tyson Foods, Inc. (NYSE:TSN)

Lion Street Advisors LLC lifted its position in Tyson Foods, Inc. (NYSE:TSN) by 53.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,701 shares of the company’s stock after purchasing an additional 4,775 shares during the period. Lion Street Advisors LLC’s holdings in Tyson Foods were worth $787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Catalyst Capital Advisors LLC increased its stake in Tyson Foods by 56.1% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after buying an additional 210 shares in the last quarter. Brooklyn Investment Group raised its stake in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after purchasing an additional 570 shares during the period. Harvest Fund Management Co. Ltd purchased a new position in Tyson Foods in the 3rd quarter worth approximately $36,000. ST Germain D J Co. Inc. bought a new position in Tyson Foods in the 4th quarter worth approximately $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its holdings in Tyson Foods by 301.6% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock valued at $44,000 after buying an additional 561 shares in the last quarter. 67.00% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Noel W. White sold 171,057 shares of Tyson Foods stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the transaction, the director now directly owns 36,179 shares of the company’s stock, valued at $2,304,602.30. This trade represents a 82.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Wes Morris sold 25,080 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $64.71, for a total value of $1,622,926.80. Following the sale, the insider now owns 10,625 shares of the company’s stock, valued at approximately $687,543.75. This represents a 70.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 414,814 shares of company stock worth $26,450,955 in the last ninety days. 2.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TSN shares. Barclays lowered their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. UBS Group started coverage on Tyson Foods in a report on Friday, January 10th. They issued a “neutral” rating and a $62.00 target price on the stock. HSBC raised Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday. Citigroup reduced 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 Friday, January 31st. Finally, Bank of America lowered their target price 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. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Tyson Foods has an average rating of “Hold” and a consensus target price of $61.10.

Tyson Foods Price Performance

Tyson Foods stock opened at $57.03 on Wednesday. The firm has a market capitalization of $20.29 billion, a PE ratio of 25.34, a price-to-earnings-growth ratio of 0.85 and a beta of 0.80. Tyson Foods, Inc. has a 12-month low of $51.16 and a 12-month high of $66.88. The firm has a 50-day moving average price of $58.56 and a 200-day moving average price of $60.28. 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 (NYSE:TSN) last released its earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.35. Tyson Foods had a return on equity of 6.03% and a net margin of 1.50%. The firm had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.46 billion. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.69 earnings per share. As a group, equities research analysts forecast that Tyson Foods, Inc. will post 3.52 EPS for the current year.

Tyson Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $2.00 annualized dividend and a yield of 3.51%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.49. Tyson Foods’s dividend payout ratio is 88.89%.

About Tyson Foods

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.