CWA Asset Management Group LLC Has $1.64 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

CWA Asset Management Group LLC raised its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 296.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,711 shares of the company's stock after acquiring an additional 19,225 shares during the period. CWA Asset Management Group LLC's holdings in Tyson Foods were worth $1,641,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Handelsbanken Fonder AB increased its stake in shares of Tyson Foods by 17.2% in the 4th quarter. Handelsbanken Fonder AB now owns 4,975 shares of the company's stock valued at $286,000 after purchasing an additional 729 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Tyson Foods by 14.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 12,061 shares of the company's stock valued at $693,000 after purchasing an additional 1,532 shares during the last quarter. Summit Global Investments increased its stake in shares of Tyson Foods by 212.8% in the 1st quarter. Summit Global Investments now owns 230,921 shares of the company's stock valued at $14,735,000 after purchasing an additional 157,092 shares during the last quarter. LPL Financial LLC increased its stake in shares of Tyson Foods by 2.1% in the 4th quarter. LPL Financial LLC now owns 208,966 shares of the company's stock valued at $12,003,000 after purchasing an additional 4,266 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of Tyson Foods by 5,809.7% in the 1st quarter. GAMMA Investing LLC now owns 461,665 shares of the company's stock valued at $29,459,000 after purchasing an additional 453,853 shares during the last quarter. 67.00% of the stock is owned by institutional investors and hedge funds.

Tyson Foods Stock Down 0.7%

Shares of NYSE:TSN opened at $54.32 on Thursday. The business's 50-day moving average is $57.40 and its 200-day moving average is $58.53. Tyson Foods, Inc. has a 1 year low of $54.01 and a 1 year high of $66.88. 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 company has a market capitalization of $19.35 billion, a price-to-earnings ratio of 21.14, a P/E/G ratio of 0.72 and a beta of 0.60.

Tyson Foods (NYSE:TSN - Get Free Report) last released its earnings results 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 return on equity of 7.43% and a net margin of 1.70%. The company had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. During the same period in the prior year, the company posted $0.62 earnings per share. Tyson Foods's quarterly revenue was up .0% on a year-over-year basis. Equities research analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Investors 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 dividend on an annualized basis and a yield of 3.68%. Tyson Foods's dividend payout ratio is presently 77.82%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. reduced 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. Wall Street Zen lowered Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Stephens reduced their price objective on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating on the stock in a research report on Tuesday, May 6th. Finally, Citigroup boosted their price objective on Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 15th. Ten research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $62.63.

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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