Fox Run Management L.L.C. Buys 8,877 Shares of Tyson Foods, Inc. (NYSE:TSN)

Fox Run Management L.L.C. increased its stake in Tyson Foods, Inc. (NYSE:TSN) by 55.3% during the fourth quarter, HoldingsChannel reports. The firm owned 24,936 shares of the company’s stock after acquiring an additional 8,877 shares during the period. Fox Run Management L.L.C.’s holdings in Tyson Foods were worth $1,432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of TSN. GSA Capital Partners LLP purchased a new position in shares of Tyson Foods during the 3rd quarter valued at $339,000. Quest Partners LLC lifted its holdings in Tyson Foods by 118.3% during the third quarter. Quest Partners LLC now owns 13,917 shares of the company’s stock valued at $829,000 after purchasing an additional 7,541 shares during the last quarter. Caprock Group LLC boosted its position in Tyson Foods by 3.1% during the third quarter. Caprock Group LLC now owns 9,848 shares of the company’s stock worth $587,000 after purchasing an additional 292 shares during the period. Prospera Financial Services Inc increased its stake in shares of Tyson Foods by 11.7% in the third quarter. Prospera Financial Services Inc now owns 4,298 shares of the company’s stock worth $256,000 after purchasing an additional 451 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Tyson Foods in the third quarter valued at approximately $443,000. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on TSN shares. Barclays reduced their price objective on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. HSBC upgraded Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday, February 3rd. Citigroup cut their target price on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. UBS Group began coverage on Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target on the stock. Finally, Piper Sandler upgraded shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price objective for the company in a research report on Tuesday, February 4th. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, Tyson Foods presently has a consensus rating of “Hold” and an average price target of $61.10.

Tyson Foods Trading Up 0.1 %

Shares of Tyson Foods stock opened at $60.46 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. Tyson Foods, Inc. has a 1 year low of $53.61 and a 1 year high of $66.88. The firm has a market cap of $21.53 billion, a PE ratio of 20.42, a PEG ratio of 0.74 and a beta of 0.72. The company has a 50 day simple moving average of $58.55 and a two-hundred day simple moving average of $59.77.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.35. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The company had revenue of $13.62 billion during the quarter, compared to analyst estimates of $13.46 billion. During the same period in the previous year, the business earned $0.69 earnings per share. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.31%. Tyson Foods’s dividend payout ratio is 67.57%.

Tyson Foods Company 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.