WINTON GROUP Ltd Takes $5.72 Million Position in Tyson Foods, Inc. $TSN

WINTON GROUP Ltd acquired a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 105,360 shares of the company’s stock, valued at approximately $5,721,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. boosted its position in Tyson Foods by 93.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock valued at $26,000 after buying an additional 228 shares during the period. Root Financial Partners LLC acquired a new stake in Tyson Foods in the third quarter valued at about $28,000. MTM Investment Management LLC acquired a new position in shares of Tyson Foods during the 2nd quarter worth $36,000. Wilmington Savings Fund Society FSB boosted its position in Tyson Foods by 89.4% during the third quarter. Wilmington Savings Fund Society FSB now owns 682 shares of the company’s stock worth $37,000 after purchasing an additional 322 shares in the last quarter. Finally, Caldwell Trust Co acquired a new stake in Tyson Foods during the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

NYSE TSN opened at $61.27 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.66 and a debt-to-equity ratio of 0.41. The company has a market cap of $21.57 billion, a PE ratio of 109.42, a PEG ratio of 1.35 and a beta of 0.47. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $66.41. The stock’s 50-day moving average price is $62.14 and its two-hundred day moving average price is $57.55.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.04). Tyson Foods had a net margin of 0.36% and a return on equity of 7.67%. The company had revenue of $14.31 billion for the quarter, compared to analysts’ expectations of $14.11 billion. During the same period in the previous year, the firm posted $1.14 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 3.3%. The ex-dividend date is Monday, June 1st. Tyson Foods’s dividend payout ratio (DPR) is 364.29%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tyson Foods in a research report on Monday, December 29th. Piper Sandler lifted their price objective on shares of Tyson Foods from $58.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. lifted their price objective on Tyson Foods from $63.00 to $67.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. BMO Capital Markets upped their price objective on Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $69.00 price objective on shares of Tyson Foods in a research report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $64.27.

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.