Tyson Foods, Inc. (NYSE:TSN) Shares Acquired by Savant Capital LLC

Savant Capital LLC boosted its position in Tyson Foods, Inc. (NYSE:TSN) by 19.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,137 shares of the company’s stock after purchasing an additional 2,668 shares during the period. Savant Capital LLC’s holdings in Tyson Foods were worth $927,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. boosted its stake in Tyson Foods by 0.9% during the third quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company’s stock valued at $1,160,000 after buying an additional 172 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Tyson Foods by 6.9% in the 3rd quarter. Signaturefd LLC now owns 2,727 shares of the company’s stock worth $162,000 after purchasing an additional 175 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Tyson Foods by 1.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock valued at $643,000 after purchasing an additional 184 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Tyson Foods by 0.4% during the third quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock worth $2,908,000 after buying an additional 189 shares in the last quarter. Finally, Empirical Finance LLC grew its position in Tyson Foods by 2.1% in the third quarter. Empirical Finance LLC now owns 9,957 shares of the company’s stock worth $593,000 after buying an additional 206 shares during the last quarter. 67.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TSN shares. HSBC raised Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday, February 3rd. BMO Capital Markets lifted their price target on Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Wednesday, November 13th. Barclays decreased their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. UBS Group started coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target on the stock. Finally, Stephens lifted their price objective on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat, Tyson Foods has an average rating of “Hold” and an average price target of $61.10.

Tyson Foods Stock Performance

Shares of NYSE TSN opened at $57.10 on Friday. Tyson Foods, Inc. has a one year low of $52.01 and a one year high of $66.88. The business’s 50-day moving average price is $57.66 and its two-hundred day moving average price is $60.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 0.95. The company has a market capitalization of $20.34 billion, a P/E ratio of 19.29, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.35. The firm had revenue of $13.62 billion for the quarter, compared to the consensus estimate of $13.46 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The firm’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.69 earnings per share. Analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, May 30th. This represents a $2.00 annualized dividend and a yield of 3.50%. Tyson Foods’s dividend payout ratio (DPR) is currently 67.57%.

Insiders Place Their Bets

In other news, Chairman John H. Tyson sold 185,394 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.77, for a total value of $11,822,575.38. Following the completion of the sale, the chairman now directly owns 3,003,374 shares in the company, valued at approximately $191,525,159.98. The trade was a 5.81 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Noel W. White sold 171,057 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.70, for a total transaction of $10,896,330.90. Following the completion of the transaction, the director now owns 36,179 shares in the company, valued at $2,304,602.30. The trade was a 82.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 381,531 shares of company stock valued at $24,341,833 over the last quarter. Insiders own 2.03% of the company’s stock.

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.