Gotham Asset Management LLC Increases Holdings in Tyson Foods, Inc. (NYSE:TSN)

Gotham Asset Management LLC grew its stake in Tyson Foods, Inc. (NYSE:TSN) by 77.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 324,570 shares of the company’s stock after acquiring an additional 141,221 shares during the quarter. Gotham Asset Management LLC owned about 0.09% of Tyson Foods worth $18,643,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Riverview Trust Co raised its stake in Tyson Foods by 3,423.1% during the fourth quarter. Riverview Trust Co now owns 458 shares of the company’s stock worth $26,000 after purchasing an additional 445 shares during the period. Brooklyn Investment Group raised its position in shares of 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 buying an additional 570 shares during the period. SRS Capital Advisors Inc. lifted its holdings in Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock valued at $36,000 after acquiring an additional 229 shares during the last quarter. Ossiam grew its position in Tyson Foods by 41.6% in the fourth quarter. Ossiam now owns 626 shares of the company’s stock worth $36,000 after acquiring an additional 184 shares during the period. Finally, TCTC Holdings LLC increased its stake in Tyson Foods by 140.7% during the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock worth $38,000 after acquiring an additional 387 shares during the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Down 1.8 %

Shares of NYSE TSN opened at $55.31 on Friday. The stock has a market cap of $19.70 billion, a P/E ratio of 18.69, a PEG ratio of 0.74 and a beta of 0.63. The business’s fifty day simple moving average is $60.33 and its 200-day simple moving average is $59.65. Tyson Foods, Inc. has a 12-month low of $53.61 and a 12-month high of $66.88. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. UBS Group started coverage on Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 price target on the stock. Barclays lowered their target price 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. Stephens reduced their price target on shares of Tyson Foods from $63.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Citigroup boosted their target price on Tyson Foods from $59.00 to $60.00 and gave the company a “neutral” rating in a research report on Tuesday, April 15th. Ten analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.