Tyson Foods, Inc. $TSN Shares Acquired by Waterloo Capital L.P.

Waterloo Capital L.P. boosted its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 37.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,417 shares of the company’s stock after purchasing an additional 10,517 shares during the period. Waterloo Capital L.P.’s holdings in Tyson Foods were worth $2,252,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. IFP Advisors Inc lifted its position in shares of Tyson Foods by 10.3% in the 4th quarter. IFP Advisors Inc now owns 1,679 shares of the company’s stock valued at $98,000 after acquiring an additional 157 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Tyson Foods by 10.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,862 shares of the company’s stock valued at $101,000 after acquiring an additional 179 shares in the last quarter. Matrix Trust Co lifted its position in shares of Tyson Foods by 28.8% in the 4th quarter. Matrix Trust Co now owns 818 shares of the company’s stock valued at $48,000 after acquiring an additional 183 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its position in shares of Tyson Foods by 62.3% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 516 shares of the company’s stock valued at $30,000 after acquiring an additional 198 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of Tyson Foods by 1.2% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 18,074 shares of the company’s stock valued at $975,000 after acquiring an additional 210 shares in the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Piper Sandler restated an “overweight” rating and issued a $80.00 price target on shares of Tyson Foods in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. reduced their price target on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating for the company in a research report on Tuesday, March 24th. Sanford C. Bernstein restated a “market perform” rating and issued a $69.00 price target on shares of Tyson Foods in a research report on Tuesday, February 3rd. Finally, Barclays upped their price target on shares of Tyson Foods from $75.00 to $78.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Tyson Foods presently has an average rating of “Hold” and a consensus price target of $68.27.

Tyson Foods Stock Up 0.3%

Tyson Foods stock opened at $61.20 on Monday. The firm has a market cap of $21.55 billion, a PE ratio of 48.19, a P/E/G ratio of 1.25 and a beta of 0.38. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.70 and a current ratio of 1.83. The firm’s 50 day moving average price is $64.55 and its two-hundred day moving average price is $61.63. Tyson Foods, Inc. has a twelve month low of $50.56 and a twelve month high of $69.48.

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. The firm had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.63 billion. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.92 EPS. On average, research analysts predict that Tyson Foods, Inc. will post 4.1 EPS for the current fiscal year.

Tyson Foods Announces Dividend

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

Tyson Foods 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.