Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Deutsche Bank AG

Deutsche Bank AG raised its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,180,480 shares of the company's stock after acquiring an additional 159,617 shares during the period. Deutsche Bank AG owned approximately 0.61% of Tyson Foods worth $125,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Barclays PLC grew its holdings in shares of Tyson Foods by 66.1% in the third quarter. Barclays PLC now owns 1,122,285 shares of the company's stock worth $66,841,000 after purchasing an additional 446,648 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Tyson Foods by 146.3% in the third quarter. Franklin Resources Inc. now owns 79,506 shares of the company's stock worth $4,758,000 after purchasing an additional 47,232 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Tyson Foods by 3.7% in the third quarter. Principal Financial Group Inc. now owns 368,743 shares of the company's stock worth $21,962,000 after purchasing an additional 13,066 shares during the last quarter. Nordea Investment Management AB grew its holdings in shares of Tyson Foods by 21.7% in the fourth quarter. Nordea Investment Management AB now owns 26,854 shares of the company's stock worth $1,536,000 after purchasing an additional 4,787 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Tyson Foods by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company's stock worth $643,000 after purchasing an additional 184 shares during the last quarter. Institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Up 0.7%

Shares of TSN traded up $0.37 during mid-day trading on Friday, hitting $56.02. 974,079 shares of the company traded hands, compared to its average volume of 2,703,563. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year 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 company has a market capitalization of $19.96 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63. The business has a 50 day moving average of $59.86 and a 200 day moving average of $59.55.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.07. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.07 billion for the quarter, compared to the consensus estimate of $13.15 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company's revenue for the quarter was up .0% compared to the same quarter last year. Equities research analysts anticipate that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.00 annualized dividend and a dividend yield of 3.57%. Tyson Foods's dividend payout ratio (DPR) is currently 77.82%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on TSN shares. Piper Sandler upgraded shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target on the stock in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped their target price on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Tuesday, May 6th. Hsbc Global Res upgraded shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. Barclays dropped their target price on shares of Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Finally, Citigroup increased their target price on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Ten investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $62.63.

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.