38,767 Shares in Tyson Foods, Inc. $TSN Acquired by Inceptionr LLC

Inceptionr LLC acquired a new stake in Tyson Foods, Inc. (NYSE:TSN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 38,767 shares of the company’s stock, valued at approximately $2,105,000. Tyson Foods comprises about 0.5% of Inceptionr LLC’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans boosted its holdings in shares of Tyson Foods by 55.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 58,694 shares of the company’s stock valued at $3,273,000 after acquiring an additional 20,888 shares in the last quarter. Markel Group Inc. increased its holdings in Tyson Foods by 4.0% in the 3rd quarter. Markel Group Inc. now owns 848,500 shares of the company’s stock worth $46,074,000 after purchasing an additional 32,500 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Tyson Foods by 73.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,879,219 shares of the company’s stock worth $102,042,000 after purchasing an additional 795,710 shares in the last quarter. Liberty One Investment Management LLC raised its position in Tyson Foods by 32.1% in the third quarter. Liberty One Investment Management LLC now owns 113,798 shares of the company’s stock valued at $6,179,000 after purchasing an additional 27,627 shares during the last quarter. Finally, Polaris Capital Management LLC boosted its stake in shares of Tyson Foods by 20.4% during the third quarter. Polaris Capital Management LLC now owns 543,248 shares of the company’s stock valued at $29,498,000 after purchasing an additional 91,900 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TSN shares. JPMorgan Chase & Co. boosted their price target on Tyson Foods from $63.00 to $67.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Barclays lifted their target price on shares of Tyson Foods from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. BMO Capital Markets upped their price target on shares of Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $69.00 price target on shares of Tyson Foods in a research note on Tuesday, February 3rd. Finally, Argus upgraded shares of Tyson Foods to a “hold” rating in a report on Friday, February 6th. Three analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $64.27.

Tyson Foods Price Performance

Tyson Foods stock opened at $61.44 on Monday. The stock’s 50 day moving average is $62.08 and its 200 day moving average is $57.52. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.53 and a quick ratio of 0.66. The firm has a market cap of $21.63 billion, a P/E ratio of 109.71, a P/E/G ratio of 1.35 and a beta of 0.47. Tyson Foods, Inc. has a one year low of $50.56 and a one year high of $66.41.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, February 2nd. The company reported $0.97 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $14.11 billion. During the same quarter in the previous year, the company earned $1.14 earnings per share. The business’s revenue was up 5.1% on a year-over-year basis. As a group, research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

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

About Tyson Foods

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.