Landscape Capital Management L.L.C. Takes $691,000 Position in Tyson Foods, Inc. (NYSE:TSN)

Landscape Capital Management L.L.C. acquired a new position in Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 12,037 shares of the company’s stock, valued at approximately $691,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TSN. Riverview Trust Co increased its holdings in shares of Tyson Foods by 3,423.1% in the 4th quarter. Riverview Trust Co now owns 458 shares of the company’s stock worth $26,000 after buying an additional 445 shares during the last quarter. Brooklyn Investment Group increased its stake in Tyson Foods by 2,478.3% in the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after acquiring an additional 570 shares during the last quarter. SRS Capital Advisors Inc. raised its position in Tyson Foods by 58.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock valued at $36,000 after purchasing an additional 229 shares in the last quarter. TCTC Holdings LLC lifted its stake in Tyson Foods by 140.7% during the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock worth $38,000 after purchasing an additional 387 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of Tyson Foods in the 4th quarter worth about $42,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Price Performance

Shares of TSN stock opened at $59.85 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11. Tyson Foods, Inc. has a fifty-two week low of $53.61 and a fifty-two week high of $66.88. The firm has a market cap of $21.32 billion, a P/E ratio of 20.22, a P/E/G ratio of 0.74 and a beta of 0.62. The business’s 50 day moving average price is $59.77 and its 200-day moving average price is $59.62.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, February 3rd. The company reported $1.14 earnings per share 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 business had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.46 billion. During the same quarter in the previous year, the business posted $0.69 earnings per share. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities research analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders 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 annualized dividend and a yield of 3.34%. Tyson Foods’s dividend payout ratio (DPR) is presently 67.57%.

Analyst Ratings Changes

A number of research firms recently weighed in on TSN. HSBC upgraded Tyson Foods from a “reduce” rating to a “hold” rating in a research report on Monday, February 3rd. Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price objective for the company in a research note on Tuesday, February 4th. Citigroup lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Barclays reduced their price objective on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Finally, Hsbc Global Res raised Tyson Foods from a “moderate sell” rating to a “hold” rating in a research note on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $61.10.

Tyson Foods Company 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.