Koss Olinger Consulting LLC Has $941,000 Stake in Tyson Foods, Inc. (NYSE:TSN)

Koss Olinger Consulting LLC trimmed its stake in Tyson Foods, Inc. (NYSE:TSN) by 18.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,386 shares of the company’s stock after selling 3,794 shares during the period. Koss Olinger Consulting LLC’s holdings in Tyson Foods were worth $941,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp increased its holdings in Tyson Foods by 6.9% in the third quarter. State Street Corp now owns 13,304,869 shares of the company’s stock valued at $792,438,000 after purchasing an additional 859,351 shares during the period. Pzena Investment Management LLC increased its holdings in Tyson Foods by 0.4% in the third 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 period. Geode Capital Management LLC increased its holdings in Tyson Foods by 1.3% in the third 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. Bank of New York Mellon Corp increased its holdings in Tyson Foods by 14.8% in the fourth quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company’s stock valued at $190,454,000 after purchasing an additional 427,582 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Tyson Foods by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,456,740 shares of the company’s stock worth $141,115,000 after acquiring an additional 98,799 shares during the period. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Trading Down 0.3 %

NYSE:TSN opened at $60.44 on Wednesday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11. The firm has a market cap of $21.53 billion, a price-to-earnings ratio of 20.42, a price-to-earnings-growth ratio of 0.74 and a beta of 0.72. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88. The firm has a 50-day moving average price of $58.22 and a two-hundred day moving average price of $59.79.

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

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.31%. Tyson Foods’s payout ratio is currently 67.57%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TSN. Stephens increased their price target on Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Barclays decreased their price target on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. HSBC upgraded Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday, February 3rd. Hsbc Global Res upgraded Tyson Foods from a “moderate sell” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Citigroup decreased their price target on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $61.10.

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.