Aurora Private Wealth Inc. Takes $2.20 Million Position in Tyson Foods, Inc. (NYSE:TSN)

Aurora Private Wealth Inc. purchased a new position in Tyson Foods, Inc. (NYSE:TSN - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 34,394 shares of the company's stock, valued at approximately $2,195,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Tyson Foods by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 35,714,357 shares of the company's stock worth $2,051,433,000 after buying an additional 325,361 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Tyson Foods by 2.6% in the fourth quarter. Geode Capital Management LLC now owns 6,994,356 shares of the company's stock worth $400,712,000 after purchasing an additional 178,785 shares during the period. Northern Trust Corp increased its stake in shares of Tyson Foods by 2.6% in the fourth quarter. Northern Trust Corp now owns 4,700,796 shares of the company's stock worth $270,014,000 after purchasing an additional 118,402 shares during the period. Norges Bank bought a new position in shares of Tyson Foods in the fourth quarter worth about $175,086,000. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Tyson Foods by 4.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,456,740 shares of the company's stock worth $141,115,000 after purchasing an additional 98,799 shares during the period. Institutional investors and hedge funds own 67.00% of the company's stock.

Tyson Foods Price Performance

Shares of TSN traded down $1.66 on Monday, hitting $55.70. The company's stock had a trading volume of 3,480,104 shares, compared to its average volume of 2,436,650. The company has a market capitalization of $19.84 billion, a PE ratio of 21.67, a PEG ratio of 0.75 and a beta of 0.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.67 and a quick ratio of 0.69. Tyson Foods, Inc. has a fifty-two week low of $54.01 and a fifty-two week high of $66.88. The company has a 50 day moving average price of $56.14 and a 200 day moving average price of $57.99.

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, topping the consensus estimate of $0.85 by $0.07. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. 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 business earned $0.62 EPS. The business's revenue for the quarter was up .0% compared to the same quarter last year. On average, research analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The business also recently declared 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 3.59%. The ex-dividend date is Friday, August 29th. Tyson Foods's dividend payout ratio (DPR) is currently 77.82%.

Analysts Set New Price Targets

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

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.