Headlands Technologies LLC Purchases 1,370 Shares of Tyson Foods, Inc. (NYSE:TSN)

Headlands Technologies LLC grew its position in Tyson Foods, Inc. (NYSE:TSN) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,310 shares of the company’s stock after purchasing an additional 1,370 shares during the quarter. Headlands Technologies LLC’s holdings in Tyson Foods were worth $994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Riverview Trust Co grew its stake in Tyson Foods by 3,423.1% during the fourth quarter. Riverview Trust Co now owns 458 shares of the company’s stock valued at $26,000 after acquiring an additional 445 shares in the last quarter. Brooklyn Investment Group lifted its position in shares of Tyson Foods by 2,478.3% in the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after buying an additional 570 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in Tyson Foods by 58.6% during 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 last quarter. TCTC Holdings LLC grew its holdings in Tyson Foods by 140.7% during the 4th 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 shares of Tyson Foods during the 4th quarter worth approximately $42,000. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Down 0.5 %

Shares of Tyson Foods stock opened at $62.77 on Thursday. The company has a market cap of $22.36 billion, a P/E ratio of 21.21, a PEG ratio of 0.74 and a beta of 0.72. Tyson Foods, Inc. has a 52-week low of $53.61 and a 52-week high of $66.88. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. The firm’s 50 day moving average price is $59.55 and its 200-day moving average price is $59.64.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, February 3rd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.79 by $0.35. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.62 billion during the quarter, compared to analyst estimates of $13.46 billion. During the same period last year, the firm posted $0.69 EPS. Tyson Foods’s revenue was up 2.3% on a year-over-year basis. On average, sell-side analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors 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 yield of 3.19%. Tyson Foods’s dividend payout ratio is currently 67.57%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TSN shares. Stephens lifted their price objective on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 4th. Barclays decreased their price objective on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company 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. Citigroup cut their price objective on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Piper Sandler upgraded Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 target price for the company in a research report on Tuesday, February 4th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target 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.