Caisse DE Depot ET Placement DU Quebec Boosts Position in Tyson Foods, Inc. (NYSE:TSN)

Caisse DE Depot ET Placement DU Quebec boosted its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 36.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 293,408 shares of the company's stock after buying an additional 77,930 shares during the period. Caisse DE Depot ET Placement DU Quebec owned 0.08% of Tyson Foods worth $16,853,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Riverview Trust Co increased its stake in shares of 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 purchasing an additional 445 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of Tyson Foods by 2,478.3% during the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company's stock valued at $34,000 after buying an additional 570 shares during the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock valued at $36,000 after acquiring an additional 229 shares during the last quarter. Ossiam raised its holdings in shares of Tyson Foods by 41.6% during the fourth quarter. Ossiam now owns 626 shares of the company's stock valued at $36,000 after purchasing an additional 184 shares during the last quarter. Finally, TCTC Holdings LLC lifted its holdings in shares of 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 during the period. Hedge funds and other institutional investors own 67.00% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TSN shares. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a research note on Monday, February 3rd. UBS Group began coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a "neutral" rating and a $62.00 price objective on the stock. Citigroup boosted their price target on Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Stephens boosted their price target 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. Finally, Hsbc Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Nine investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Tyson Foods presently has a consensus rating of "Hold" and a consensus price target of $61.78.

Tyson Foods Trading Up 0.3 %

TSN opened at $60.79 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11. The stock's 50 day moving average price is $60.85 and its 200-day moving average price is $59.78. Tyson Foods, Inc. has a one year low of $53.61 and a one year high of $66.88. The stock has a market cap of $21.65 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 0.74 and a beta of 0.62.

Tyson Foods (NYSE:TSN - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.79 by $0.35. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company had revenue of $13.62 billion for the quarter, compared to the consensus estimate of $13.46 billion. During the same period last year, the business posted $0.69 EPS. Tyson Foods's quarterly revenue was up 2.3% on a year-over-year basis. On average, equities analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.29%. Tyson Foods's dividend payout ratio is presently 67.57%.

Tyson Foods 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.

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