Life Cycle Investment Partners Ltd Invests $165.22 Million in Tyson Foods, Inc. $TSN

Life Cycle Investment Partners Ltd bought a new position in Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,818,485 shares of the company’s stock, valued at approximately $165,220,000. Tyson Foods comprises 1.2% of Life Cycle Investment Partners Ltd’s investment portfolio, making the stock its 24th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in TSN. EverSource Wealth Advisors LLC boosted its holdings in Tyson Foods by 12.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 11,479 shares of the company’s stock valued at $673,000 after acquiring an additional 1,276 shares in the last quarter. Evoke Wealth LLC bought a new stake in Tyson Foods in the fourth quarter valued at $204,000. Markel Group Inc. boosted its holdings in Tyson Foods by 4.2% in the fourth quarter. Markel Group Inc. now owns 884,500 shares of the company’s stock valued at $51,849,000 after acquiring an additional 36,000 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in Tyson Foods by 10.7% in the fourth quarter. Pzena Investment Management LLC now owns 15,310,513 shares of the company’s stock valued at $897,502,000 after acquiring an additional 1,480,987 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in Tyson Foods by 333.7% in the fourth quarter. Global Retirement Partners LLC now owns 4,341 shares of the company’s stock valued at $254,000 after acquiring an additional 3,340 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

TSN opened at $65.10 on Friday. The stock has a 50-day moving average price of $64.29 and a 200-day moving average price of $61.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.83 and a quick ratio of 0.70. The firm has a market cap of $22.92 billion, a PE ratio of 51.26, a P/E/G ratio of 1.34 and a beta of 0.40. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $69.48.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.11. The firm had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.63 billion. Tyson Foods had a return on equity of 7.59% and a net margin of 0.81%.Tyson Foods’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. Sell-side analysts predict that Tyson Foods, Inc. will post 4.1 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 dividend on an annualized basis and a yield of 3.1%. Tyson Foods’s payout ratio is 160.63%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Mizuho assumed coverage on shares of Tyson Foods in a report on Thursday, March 26th. They issued an “outperform” rating and a $72.00 price target on the stock. Barclays boosted their target price on shares of Tyson Foods from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Stephens boosted their target price on shares of Tyson Foods from $65.00 to $70.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Wall Street Zen upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $69.00 target price on shares of Tyson Foods in a 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $68.27.

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.