Tyson Foods, Inc. (NYSE:TSN) Stake Raised by Liberty One Investment Management LLC

Liberty One Investment Management LLC boosted its stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 9.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,075 shares of the company's stock after buying an additional 7,427 shares during the period. Liberty One Investment Management LLC's holdings in Tyson Foods were worth $5,237,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TSN. Park Square Financial Group LLC acquired a new stake in Tyson Foods in the fourth quarter worth $25,000. Curat Global LLC acquired a new stake in Tyson Foods in the first quarter worth $28,000. Ossiam increased its position in Tyson Foods by 41.6% in the fourth quarter. Ossiam now owns 626 shares of the company's stock worth $36,000 after buying an additional 184 shares during the period. TCTC Holdings LLC increased its position in Tyson Foods by 140.7% in the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company's stock worth $38,000 after buying an additional 387 shares during the period. Finally, Rossby Financial LCC acquired a new stake in Tyson Foods in the first quarter worth $53,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TSN shares. JPMorgan Chase & Co. decreased their price target on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a research note on Tuesday, May 6th. Citigroup increased their price target on Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 15th. Stephens decreased their price target on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating for the company in a research note on Tuesday, May 6th. Wall Street Zen cut Tyson Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, The Goldman Sachs Group started coverage on Tyson Foods in a research note on Monday, June 23rd. They issued a "buy" rating and a $67.00 price target for the company. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $63.11.

Tyson Foods Price Performance

TSN stock traded down $0.43 during trading hours on Thursday, hitting $54.65. 2,950,148 shares of the stock traded hands, compared to its average volume of 2,446,641. Tyson Foods, Inc. has a one year low of $54.01 and a one year high of $66.88. The company has a market cap of $19.47 billion, a P/E ratio of 21.27, a P/E/G ratio of 0.74 and a beta of 0.59. The company has a current ratio of 1.67, a quick ratio of 0.69 and a debt-to-equity ratio of 0.44. The stock has a 50-day simple moving average of $55.83 and a 200 day simple moving average of $57.94.

Tyson Foods (NYSE:TSN - Get Free Report) last announced 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. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The business had revenue of $13.07 billion during the quarter, compared to the consensus estimate of $13.15 billion. During the same period in the prior year, the business posted $0.62 earnings per share. Tyson Foods's revenue was up .0% compared to the same quarter last year. Equities analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Friday, August 29th. Tyson Foods's dividend payout ratio is 77.82%.

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.