Advyzon Investment Management LLC Invests $277,000 in Tyson Foods, Inc. (NYSE:TSN)

Advyzon Investment Management LLC acquired a new position in shares of Tyson Foods, Inc. (NYSE:TSN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,831 shares of the company’s stock, valued at approximately $277,000.

Other hedge funds have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Tyson Foods by 6.9% during the third quarter. State Street Corp now owns 13,304,869 shares of the company’s stock worth $792,438,000 after buying an additional 859,351 shares during the last quarter. Pzena Investment Management LLC raised its stake in Tyson Foods by 0.4% during the 3rd quarter. Pzena Investment Management LLC now owns 12,543,781 shares of the company’s stock valued at $747,108,000 after purchasing an additional 54,217 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Tyson Foods by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 6,815,571 shares of the company’s stock valued at $404,559,000 after purchasing an additional 87,054 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Tyson Foods by 1.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,357,941 shares of the company’s stock valued at $140,439,000 after purchasing an additional 39,252 shares during the period. Finally, Thompson Siegel & Walmsley LLC grew its position in Tyson Foods by 6.8% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 1,165,916 shares of the company’s stock worth $69,442,000 after purchasing an additional 73,764 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Analysts Set New Price Targets

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

Tyson Foods Stock Performance

Tyson Foods stock opened at $59.16 on Friday. The firm has a market capitalization of $21.07 billion, a P/E ratio of 19.99, a P/E/G ratio of 0.72 and a beta of 0.80. The stock has a fifty day moving average price of $57.22 and a two-hundred day moving average price of $60.06. Tyson Foods, Inc. has a 52-week low of $52.11 and a 52-week high of $66.88. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04.

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

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.38%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods’s payout ratio is currently 67.57%.

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.