Waterloo Capital L.P. Has $2.25 Million Stock Position in Tyson Foods, Inc. $TSN

Waterloo Capital L.P. lifted its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 37.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,417 shares of the company’s stock after purchasing an additional 10,517 shares during the quarter. Waterloo Capital L.P.’s holdings in Tyson Foods were worth $2,252,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. City Holding Co. acquired a new position in shares of Tyson Foods during the 4th quarter worth $29,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of Tyson Foods by 62.3% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 516 shares of the company’s stock worth $30,000 after purchasing an additional 198 shares during the last quarter. Activest Wealth Management increased its stake in shares of Tyson Foods by 3,842.9% during the 4th quarter. Activest Wealth Management now owns 552 shares of the company’s stock worth $32,000 after purchasing an additional 538 shares during the last quarter. ORG Partners LLC increased its stake in shares of Tyson Foods by 2,519.2% during the 4th quarter. ORG Partners LLC now owns 681 shares of the company’s stock worth $40,000 after purchasing an additional 655 shares during the last quarter. Finally, Brown Brothers Harriman & Co. increased its stake in shares of Tyson Foods by 110.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 732 shares of the company’s stock worth $40,000 after purchasing an additional 384 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Performance

NYSE:TSN opened at $61.20 on Monday. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $69.48. The firm’s fifty day simple moving average is $64.55 and its 200 day simple moving average is $61.63. The company has a current ratio of 1.83, a quick ratio of 0.70 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $21.55 billion, a PE ratio of 48.19, a PEG ratio of 1.25 and a beta of 0.38.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.11. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.63 billion. During the same period last year, the business posted $0.92 EPS. Tyson Foods’s revenue was up 4.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Tyson Foods, Inc. will post 4.1 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 dividend on an annualized basis and a yield of 3.3%. Tyson Foods’s dividend payout ratio is 160.63%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TSN shares. Argus upgraded shares of Tyson Foods to a “hold” rating in a research note on Friday, February 6th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $69.00 target price on shares of Tyson Foods in a research note on Tuesday, February 3rd. Wall Street Zen upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. BMO Capital Markets reiterated an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 24th. Five equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Tyson Foods presently has an average rating of “Hold” and an average target price of $68.27.

Tyson Foods Company 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.