Focus Partners Advisor Solutions LLC Grows Stock Holdings in Tyson Foods, Inc. $TSN

Focus Partners Advisor Solutions LLC increased its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 68.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,501 shares of the company’s stock after buying an additional 12,427 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Tyson Foods were worth $1,788,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in TSN. Norges Bank purchased a new stake in Tyson Foods during the fourth quarter worth about $308,297,000. Davis Selected Advisers boosted its holdings in Tyson Foods by 28.8% during the fourth quarter. Davis Selected Advisers now owns 12,827,540 shares of the company’s stock worth $751,951,000 after buying an additional 2,865,413 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new stake in Tyson Foods during the fourth quarter worth about $165,220,000. AQR Capital Management LLC boosted its holdings in Tyson Foods by 34.4% during the third quarter. AQR Capital Management LLC now owns 6,726,796 shares of the company’s stock worth $363,852,000 after buying an additional 1,720,009 shares in the last quarter. Finally, Pzena Investment Management LLC boosted its holdings in Tyson Foods by 10.7% during the fourth quarter. Pzena Investment Management LLC now owns 15,310,513 shares of the company’s stock worth $897,502,000 after buying an additional 1,480,987 shares in the last quarter. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Down 0.7%

Shares of NYSE TSN opened at $56.06 on Thursday. Tyson Foods, Inc. has a 12-month low of $50.56 and a 12-month high of $69.48. The company has a market capitalization of $19.74 billion, a PE ratio of 44.15, a price-to-earnings-growth ratio of 1.15 and a beta of 0.38. 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’s 50-day moving average is $63.99 and its two-hundred day moving average is $61.85.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.11. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.63 billion. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 earnings per share. Equities analysts anticipate that Tyson Foods, Inc. will post 4.14 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 annualized dividend and a dividend yield of 3.6%. Tyson Foods’s dividend payout ratio is presently 160.63%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Weiss Ratings downgraded shares of Tyson Foods from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday. Wall Street Zen raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Tyson Foods in a report on Tuesday, May 5th. Stephens upped their price target 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. Finally, Mizuho began 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. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price 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.