World Investment Advisors Has $553,000 Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

World Investment Advisors reduced its position in Tyson Foods, Inc. (NYSE:TSN) by 14.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 9,635 shares of the company’s stock after selling 1,630 shares during the period. World Investment Advisors’ holdings in Tyson Foods were worth $553,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bryce Point Capital LLC acquired a new position in Tyson Foods during the 4th quarter valued at about $1,964,000. Groupama Asset Managment raised its stake in shares of Tyson Foods by 163.3% during the fourth quarter. Groupama Asset Managment now owns 37,393 shares of the company’s stock worth $2,137,000 after buying an additional 23,194 shares during the last quarter. Trexquant Investment LP lifted its holdings in Tyson Foods by 203.5% in the fourth quarter. Trexquant Investment LP now owns 321,693 shares of the company’s stock valued at $18,478,000 after buying an additional 215,692 shares during the period. Headlands Technologies LLC boosted its stake in Tyson Foods by 8.6% in the fourth quarter. Headlands Technologies LLC now owns 17,310 shares of the company’s stock valued at $994,000 after acquiring an additional 1,370 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Tyson Foods by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 6,994,356 shares of the company’s stock worth $400,712,000 after acquiring an additional 178,785 shares during the period. Institutional investors own 67.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group assumed coverage on Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 price target on the stock. Hsbc Global Res raised Tyson Foods from a “moderate sell” rating to a “hold” rating in a research note on Monday, February 3rd. Citigroup decreased their target price on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research report on Friday, January 31st. Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price objective on the stock in a research note on Tuesday, February 4th. Finally, Barclays decreased their price objective 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. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $61.10.

Tyson Foods Trading Down 2.7 %

TSN opened at $58.19 on Tuesday. The stock has a market capitalization of $20.73 billion, a P/E ratio of 19.66, a P/E/G ratio of 0.74 and a beta of 0.62. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The firm’s fifty day simple moving average is $59.77 and its 200 day simple moving average is $59.59.

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

Tyson Foods Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.44%. Tyson Foods’s dividend payout ratio (DPR) is presently 67.57%.

About Tyson Foods

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.