Integrity Alliance LLC. Purchases New Holdings in Tyson Foods, Inc. $TSN

Integrity Alliance LLC. purchased a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,159 shares of the company’s stock, valued at approximately $889,000.

Several other large investors have also recently bought and sold shares of TSN. Empowered Funds LLC boosted its position in Tyson Foods by 15.6% during the first quarter. Empowered Funds LLC now owns 28,076 shares of the company’s stock valued at $1,792,000 after purchasing an additional 3,788 shares during the last quarter. Woodline Partners LP boosted its position in Tyson Foods by 40.8% during the first quarter. Woodline Partners LP now owns 24,178 shares of the company’s stock valued at $1,543,000 after purchasing an additional 7,011 shares during the last quarter. Focus Partners Wealth boosted its position in Tyson Foods by 84.0% during the first quarter. Focus Partners Wealth now owns 12,597 shares of the company’s stock valued at $804,000 after purchasing an additional 5,749 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Tyson Foods by 100.3% in the second quarter. Sivia Capital Partners LLC now owns 7,393 shares of the company’s stock valued at $414,000 after buying an additional 3,702 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Tyson Foods by 129.2% in the second quarter. Cerity Partners LLC now owns 85,939 shares of the company’s stock valued at $4,807,000 after buying an additional 48,451 shares during the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Mizuho began coverage on Tyson Foods in a research report on Thursday, March 26th. They issued an “outperform” rating and a $72.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on Tyson Foods from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. Piper Sandler restated an “overweight” rating and set a $80.00 price objective on shares of Tyson Foods in a research note on Monday, May 4th. Wall Street Zen upgraded Tyson Foods from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $68.27.

Tyson Foods Trading Down 6.1%

Shares of TSN opened at $62.01 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.70 and a current ratio of 1.83. Tyson Foods, Inc. has a 52-week low of $50.56 and a 52-week high of $69.48. The firm has a market cap of $21.83 billion, a price-to-earnings ratio of 48.82, a PEG ratio of 1.36 and a beta of 0.40. The business’s fifty day moving average is $64.55 and its 200-day moving average is $61.57.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, May 4th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.11. Tyson Foods had a return on equity of 7.59% and a net margin of 0.81%.The company had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.63 billion. During the same quarter last year, the business posted $0.92 EPS. Tyson Foods’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities analysts anticipate that Tyson Foods, Inc. will post 4.1 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 annualized dividend and a dividend yield of 3.3%. Tyson Foods’s dividend payout ratio (DPR) is 160.63%.

Tyson Foods Company Profile

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.