Cantor Fitzgerald Investment Advisors L.P. Cuts Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Cantor Fitzgerald Investment Advisors L.P. lessened its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 51.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,630 shares of the company's stock after selling 32,920 shares during the period. Cantor Fitzgerald Investment Advisors L.P.'s holdings in Tyson Foods were worth $2,018,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TSN. Envestnet Portfolio Solutions Inc. boosted its position in Tyson Foods by 73.1% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 20,874 shares of the company's stock valued at $1,332,000 after buying an additional 8,813 shares during the period. Johnson Investment Counsel Inc. bought a new stake in shares of Tyson Foods in the 1st quarter worth approximately $207,000. State of Alaska Department of Revenue increased its stake in shares of Tyson Foods by 2.8% during the first quarter. State of Alaska Department of Revenue now owns 33,516 shares of the company's stock valued at $2,138,000 after buying an additional 925 shares during the period. CWA Asset Management Group LLC raised its holdings in shares of Tyson Foods by 296.4% during the first quarter. CWA Asset Management Group LLC now owns 25,711 shares of the company's stock valued at $1,641,000 after acquiring an additional 19,225 shares in the last quarter. Finally, Seed Wealth Management Inc. purchased a new stake in Tyson Foods in the first quarter worth $222,000. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on TSN. Stephens decreased their price objective on shares of Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating for the company in a report on Tuesday, May 6th. Citigroup increased their price target on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 15th. JPMorgan Chase & Co. cut their price objective on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 6th. Finally, Wall Street Zen lowered Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Ten research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $62.63.

Tyson Foods Stock Down 0.7%

Shares of TSN stock opened at $54.32 on Friday. 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 one year low of $54.01 and a one year high of $66.88. The company's fifty day moving average price is $57.29 and its 200-day moving average price is $58.46. The company has a market capitalization of $19.35 billion, a price-to-earnings ratio of 21.14, a PEG ratio of 0.71 and a beta of 0.60.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. The business had revenue of $13.07 billion for the quarter, compared to the consensus estimate of $13.15 billion. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The business's revenue was up .0% on a year-over-year basis. During the same period in the previous year, the business earned $0.62 earnings per share. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 EPS 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. Shareholders of record on Friday, August 29th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.68%. The ex-dividend date is Friday, August 29th. Tyson Foods's payout ratio is currently 77.82%.

Tyson Foods Company 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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