Tyson Foods, Inc. (NYSE:TSN) Stock Position Raised by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its position in Tyson Foods, Inc. (NYSE:TSN) by 13.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,092,152 shares of the company’s stock after buying an additional 126,982 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 0.31% of Tyson Foods worth $62,406,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in TSN. First Financial Corp IN bought a new stake in Tyson Foods in the first quarter worth approximately $35,000. Pittenger & Anderson Inc. acquired a new position in Tyson Foods during the first quarter worth $42,000. Lindbrook Capital LLC increased its position in Tyson Foods by 42.0% during the first quarter. Lindbrook Capital LLC now owns 724 shares of the company’s stock worth $43,000 after buying an additional 214 shares during the last quarter. Mather Group LLC. bought a new position in Tyson Foods during the first quarter valued at about $49,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Tyson Foods in the second quarter worth about $54,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TSN. JPMorgan Chase & Co. raised their price objective on Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. StockNews.com upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research note on Tuesday, August 6th. Bank of America lowered their target price on shares of Tyson Foods from $62.00 to $60.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 10th. Barclays boosted their target price on shares of Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. Finally, BMO Capital Markets upped their price target on shares of Tyson Foods from $58.00 to $60.00 and gave the company a “market perform” rating in a report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $61.44.

Tyson Foods Stock Performance

NYSE:TSN opened at $61.40 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.82. The firm’s 50-day moving average is $61.56 and its 200-day moving average is $59.08. Tyson Foods, Inc. has a 52-week low of $44.94 and a 52-week high of $66.88. The company has a market cap of $21.85 billion, a price-to-earnings ratio of -34.49, a PEG ratio of 0.43 and a beta of 0.78.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.87 EPS for the quarter, beating the consensus estimate of $0.65 by $0.22. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The firm had revenue of $13.35 billion during the quarter, compared to analysts’ expectations of $13.21 billion. During the same quarter in the prior year, the firm posted $0.15 EPS. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. Equities research analysts anticipate that Tyson Foods, Inc. will post 2.82 earnings per share for the current year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 3.19%. The ex-dividend date is Friday, November 29th. Tyson Foods’s dividend payout ratio (DPR) is presently -110.11%.

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.