Tyson Foods, Inc. $TSN Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC reduced its stake in Tyson Foods, Inc. (NYSE:TSN) by 12.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 810,267 shares of the company’s stock after selling 117,296 shares during the quarter. Thompson Siegel & Walmsley LLC owned 0.23% of Tyson Foods worth $47,498,000 at the end of the most recent reporting period.

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

Tyson Foods Price Performance

TSN stock opened at $61.20 on Monday. The stock has a market capitalization of $21.55 billion, a price-to-earnings ratio of 48.19, a price-to-earnings-growth ratio of 1.25 and a beta of 0.38. The stock’s fifty day simple moving average is $64.55 and its 200-day simple moving average is $61.63. Tyson Foods, Inc. has a 52-week low of $50.56 and a 52-week high of $69.48. The company has a quick ratio of 0.70, a current ratio of 1.83 and a debt-to-equity ratio of 0.44.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, May 4th. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.11. The firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.63 billion. Tyson Foods had a return on equity of 7.59% and a net margin of 0.81%.The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.92 earnings per share. Equities research analysts expect that Tyson Foods, Inc. will post 4.1 EPS for the current year.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.51 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.04 annualized dividend and a dividend yield of 3.3%. Tyson Foods’s dividend payout ratio (DPR) is currently 160.63%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on TSN shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Tyson Foods in a report on Tuesday, May 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $69.00 price objective on shares of Tyson Foods in a report on Tuesday, February 3rd. Weiss Ratings raised Tyson Foods from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. Wall Street Zen raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $80.00 price objective on shares of Tyson Foods in a research note on Monday, May 4th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods has a consensus rating of “Hold” and a consensus target price of $68.27.

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.