Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Unison Advisors LLC

Unison Advisors LLC lifted its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,977 shares of the company’s stock after buying an additional 210 shares during the period. Unison Advisors LLC’s holdings in Tyson Foods were worth $1,492,000 as of its most recent SEC filing.

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

Tyson Foods Stock Performance

Shares of TSN stock opened at $63.45 on Friday. The stock has a market capitalization of $22.60 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 0.74 and a beta of 0.62. Tyson Foods, Inc. has a one year low of $53.61 and a one year high of $66.88. The company’s 50-day simple moving average is $59.70 and its 200-day simple moving average is $59.66. 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 (NYSE:TSN) last issued its earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.79 by $0.35. The company had revenue of $13.62 billion during the quarter, compared to analyst estimates of $13.46 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 EPS. Equities analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given 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 3.15%. Tyson Foods’s payout ratio is currently 67.57%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. 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. Hsbc Global Res upgraded Tyson Foods from a “moderate sell” rating to a “hold” rating in a report on Monday, February 3rd. Stephens increased their price objective on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. HSBC raised shares of Tyson Foods from a “reduce” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price target on the stock in a research note on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Tyson Foods has an average rating of “Hold” and an average target price of $61.10.

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.