Eaton Vance Management grew its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 37.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 98,378 shares of the company’s stock after purchasing an additional 26,550 shares during the period. Eaton Vance Management’s holdings in Tyson Foods were worth $5,856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. GSA Capital Partners LLP increased its holdings in shares of Tyson Foods by 45.8% during the third quarter. GSA Capital Partners LLP now owns 49,381 shares of the company’s stock valued at $2,940,000 after purchasing an additional 15,513 shares during the period. United Services Automobile Association grew its holdings in Tyson Foods by 0.8% during the third quarter. United Services Automobile Association now owns 331,200 shares of the company’s stock worth $19,716,000 after acquiring an additional 2,663 shares during the period. Stevens Capital Management LP grew its holdings in Tyson Foods by 93.9% during the third quarter. Stevens Capital Management LP now owns 123,060 shares of the company’s stock worth $7,326,000 after acquiring an additional 59,610 shares during the period. Standard Life Aberdeen plc grew its holdings in Tyson Foods by 279.0% during the third quarter. Standard Life Aberdeen plc now owns 528,265 shares of the company’s stock worth $31,448,000 after acquiring an additional 388,875 shares during the period. Finally, Franklin Resources Inc. grew its holdings in Tyson Foods by 47.9% during the third quarter. Franklin Resources Inc. now owns 68,482 shares of the company’s stock worth $4,076,000 after acquiring an additional 22,178 shares during the period. 68.53% of the stock is currently owned by institutional investors.

NYSE:TSN opened at $57.90 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 0.43. Tyson Foods, Inc. has a 1-year low of $56.36 and a 1-year high of $83.83. The firm has a market capitalization of $21.26 billion, a P/E ratio of 9.40, a P/E/G ratio of 0.89 and a beta of 0.11.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Tuesday, November 13th. The company reported $1.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.25. Tyson Foods had a return on equity of 18.39% and a net margin of 7.55%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.30 billion. During the same quarter last year, the company posted $1.43 EPS. Tyson Foods’s revenue for the quarter was down 1.4% on a year-over-year basis. Research analysts expect that Tyson Foods, Inc. will post 5.98 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be given a $0.375 dividend. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.30. The ex-dividend date is Thursday, February 28th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.59%. Tyson Foods’s dividend payout ratio (DPR) is 24.35%.

A number of research analysts recently issued reports on TSN shares. ValuEngine raised Tyson Foods from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 28th. Argus lowered Tyson Foods from a “buy” rating to a “hold” rating in a report on Wednesday, September 5th. Jefferies Financial Group reaffirmed a “buy” rating and set a $75.00 target price on shares of Tyson Foods in a report on Monday, September 17th. Mizuho set a $82.00 target price on Tyson Foods and gave the stock a “buy” rating in a report on Monday, September 17th. Finally, Zacks Investment Research raised Tyson Foods from a “strong sell” rating to a “hold” rating in a report on Monday, October 1st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company’s stock. Tyson Foods has a consensus rating of “Hold” and an average price target of $72.93.

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Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

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Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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