Aurora Private Wealth Inc. Purchases Shares of 34,394 Tyson Foods, Inc. (NYSE:TSN)

Aurora Private Wealth Inc. purchased a new position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 34,394 shares of the company's stock, valued at approximately $2,195,000.

Several other institutional investors have also recently bought and sold shares of the business. Handelsbanken Fonder AB raised its holdings in shares of Tyson Foods by 17.2% in the fourth quarter. Handelsbanken Fonder AB now owns 4,975 shares of the company's stock valued at $286,000 after buying an additional 729 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Tyson Foods by 14.8% during the 4th quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company's stock worth $190,454,000 after acquiring an additional 427,582 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Tyson Foods in the 4th quarter valued at about $1,502,000. Illinois Municipal Retirement Fund raised its stake in shares of Tyson Foods by 34.5% in the fourth quarter. Illinois Municipal Retirement Fund now owns 195,518 shares of the company's stock worth $11,231,000 after acquiring an additional 50,199 shares during the last quarter. Finally, New York Life Investment Management LLC lifted its position in shares of Tyson Foods by 0.8% during the fourth quarter. New York Life Investment Management LLC now owns 38,598 shares of the company's stock worth $2,217,000 after purchasing an additional 303 shares in the last quarter. Institutional investors own 67.00% of the company's stock.

Tyson Foods Trading Up 0.7%

Shares of Tyson Foods stock traded up $0.38 during trading on Thursday, hitting $55.02. 399,607 shares of the company were exchanged, compared to its average volume of 2,717,528. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.67 and a quick ratio of 0.69. The firm has a market capitalization of $19.60 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 0.73 and a beta of 0.60. The firm's fifty day moving average price is $56.81 and its 200 day moving average price is $58.23. 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 earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. The firm had revenue of $13.07 billion during the quarter, compared to the consensus estimate of $13.15 billion. Tyson Foods had a net margin of 1.70% and a return on equity of 7.43%. The business's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.62 earnings per share. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.00 annualized dividend and a dividend yield of 3.64%. Tyson Foods's dividend payout ratio (DPR) is currently 77.82%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TSN. JPMorgan Chase & Co. lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a report on Tuesday, May 6th. Citigroup lifted their target price on Tyson Foods from $59.00 to $60.00 and gave the company a "neutral" rating in a research note on Tuesday, April 15th. Stephens cut 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. The Goldman Sachs Group initiated coverage on Tyson Foods in a report on Monday. They issued a "buy" rating and a $67.00 price target on the stock. Finally, Wall Street Zen cut Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average 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.