Aurora Private Wealth Inc. Purchases New Position in Tyson Foods, Inc. (NYSE:TSN)

Aurora Private Wealth Inc. acquired a new position in Tyson Foods, Inc. (NYSE:TSN - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 34,394 shares of the company's stock, valued at approximately $2,195,000.

Other large investors have also recently made changes to their positions in the company. Park Square Financial Group LLC bought a new stake in shares of Tyson Foods during the fourth quarter valued at approximately $25,000. Curat Global LLC bought a new stake in shares of Tyson Foods during the first quarter valued at approximately $28,000. SRS Capital Advisors Inc. boosted its position in shares of 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 purchasing an additional 229 shares in the last quarter. Ossiam boosted its position 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 in the last quarter. Finally, TCTC Holdings LLC boosted its position in shares of Tyson Foods by 140.7% during the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company's stock valued at $38,000 after purchasing an additional 387 shares in the last quarter. 67.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TSN shares. JPMorgan Chase & Co. dropped their target price on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Tuesday, May 6th. Citigroup boosted their target price on Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Wall Street Zen downgraded Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. The Goldman Sachs Group started coverage on Tyson Foods in a report on Monday, June 23rd. They issued a "buy" rating and a $67.00 target price on the stock. Finally, Stephens dropped their target price on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $63.11.

Tyson Foods Stock Performance

TSN traded down $0.52 during midday trading on Friday, reaching $56.93. The company had a trading volume of 1,483,645 shares, compared to its average volume of 2,435,509. The company has a quick ratio of 0.69, a current ratio of 1.67 and a debt-to-equity ratio of 0.44. The business has a 50-day moving average of $56.14 and a two-hundred day moving average of $58.00. The company has a market cap of $20.28 billion, a P/E ratio of 22.15, a P/E/G ratio of 0.75 and a beta of 0.59. Tyson Foods, Inc. has a 1 year low of $54.01 and a 1 year high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.07. The business had revenue of $13.07 billion during the quarter, compared to analysts' expectations of $13.15 billion. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 earnings per share. As a group, equities research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date is Friday, August 29th. Tyson Foods's dividend payout ratio (DPR) is 77.82%.

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.