Tyson Foods, Inc. (NYSE:TSN) Holdings Lifted by Waterloo Capital L.P.

Waterloo Capital L.P. increased its holdings in Tyson Foods, Inc. (NYSE:TSN) by 13.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,787 shares of the company’s stock after acquiring an additional 3,515 shares during the period. Waterloo Capital L.P.’s holdings in Tyson Foods were worth $1,702,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TSN. Pzena Investment Management LLC grew its holdings in shares of Tyson Foods by 79.2% during the 1st quarter. Pzena Investment Management LLC now owns 10,550,056 shares of the company’s stock valued at $619,605,000 after acquiring an additional 4,662,332 shares in the last quarter. Davis Selected Advisers purchased a new position in Tyson Foods in the second quarter valued at about $177,439,000. Capital Research Global Investors increased its position in Tyson Foods by 153.2% in the 4th quarter. Capital Research Global Investors now owns 4,827,091 shares of the company’s stock worth $259,456,000 after purchasing an additional 2,920,479 shares during the last quarter. Norges Bank purchased a new stake in shares of Tyson Foods during the 4th quarter worth about $89,286,000. Finally, Royal London Asset Management Ltd. lifted its holdings in shares of Tyson Foods by 76.9% during the 4th quarter. Royal London Asset Management Ltd. now owns 3,369,708 shares of the company’s stock valued at $181,122,000 after buying an additional 1,465,139 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BMO Capital Markets increased their price objective on Tyson Foods from $58.00 to $60.00 and gave the stock a “market perform” rating in a report on Tuesday, August 6th. JPMorgan Chase & Co. raised their price target on shares of Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a report on Tuesday, August 6th. Barclays lifted their price objective on shares of Tyson Foods from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. Bank of America lowered their target price on shares of Tyson Foods from $62.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 10th. Finally, StockNews.com raised Tyson Foods from a “hold” rating to a “buy” rating in a research report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $61.44.

Tyson Foods Stock Up 0.0 %

Tyson Foods stock opened at $61.81 on Thursday. The firm has a market cap of $21.99 billion, a price-to-earnings ratio of -34.72, a P/E/G ratio of 0.43 and a beta of 0.78. The firm has a fifty day moving average price of $61.89 and a two-hundred day moving average price of $59.25. Tyson Foods, Inc. has a fifty-two week low of $44.94 and a fifty-two week high of $66.88. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.82 and a quick ratio of 0.95.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, August 5th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.22. The firm had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $13.21 billion. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 EPS. As a group, analysts forecast that Tyson Foods, Inc. will post 2.82 earnings per share for the current year.

Tyson Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date of this dividend is Friday, November 29th. Tyson Foods’s dividend payout ratio (DPR) is currently -110.11%.

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.