Tyson Foods, Inc. (NYSE:TSN) Stake Lifted by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 57.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,549 shares of the company's stock after acquiring an additional 5,644 shares during the quarter. Farther Finance Advisors LLC's holdings in Tyson Foods were worth $981,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Park Square Financial Group LLC acquired a new stake in shares of Tyson Foods during the fourth quarter worth $25,000. Riverview Trust Co raised its position in Tyson Foods by 3,423.1% during the 4th quarter. Riverview Trust Co now owns 458 shares of the company's stock worth $26,000 after buying an additional 445 shares during the last quarter. Curat Global LLC purchased a new stake in shares of Tyson Foods in the first quarter valued at about $28,000. SRS Capital Advisors Inc. increased its stake 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 worth $36,000 after acquiring an additional 229 shares during the period. Finally, Ossiam raised its holdings in Tyson Foods by 41.6% during the fourth quarter. Ossiam now owns 626 shares of the company's stock worth $36,000 after purchasing an additional 184 shares in the last quarter. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Down 1.7%

NYSE TSN traded down $0.92 during trading hours on Friday, reaching $54.75. 3,090,025 shares of the company traded hands, compared to its average volume of 2,398,448. The stock has a market capitalization of $19.50 billion, a PE ratio of 18.50, a PEG ratio of 0.74 and a beta of 0.60. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The company has a 50 day moving average of $57.73 and a two-hundred day moving average of $58.80.

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 the consensus estimate of $0.85 by $0.07. The business had revenue of $13.07 billion for the quarter, compared to analysts' expectations of $13.15 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The company's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the company posted $0.62 earnings per share. As a group, equities analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, August 29th. This represents a $2.00 annualized dividend and a yield of 3.65%. Tyson Foods's payout ratio is 77.82%.

Analyst Ratings Changes

Several research firms have issued reports on TSN. 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 research report on Tuesday, May 6th. Wall Street Zen downgraded Tyson Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Citigroup increased 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. Finally, JPMorgan Chase & Co. lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Ten equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $62.63.

Tyson Foods 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.