Tyson Foods, Inc. (NYSE:TSN) Shares Purchased by Neo Ivy Capital Management

Neo Ivy Capital Management lifted its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 86.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 47,442 shares of the company's stock after purchasing an additional 21,960 shares during the period. Neo Ivy Capital Management's holdings in Tyson Foods were worth $2,725,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Western Wealth Management LLC bought a new position in shares of Tyson Foods during the fourth quarter valued at approximately $230,000. Vise Technologies Inc. bought a new position in Tyson Foods in the 4th quarter worth $264,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Tyson Foods by 14.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,489,127 shares of the company's stock worth $85,535,000 after purchasing an additional 186,788 shares during the period. Worldquant Millennium Advisors LLC increased its position in shares of Tyson Foods by 45.7% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 751,895 shares of the company's stock valued at $43,189,000 after buying an additional 235,910 shares during the period. Finally, Woodline Partners LP bought a new position in Tyson Foods in the fourth quarter worth about $986,000. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Down 0.6%

Shares of TSN stock traded down $0.32 during mid-day trading on Wednesday, hitting $55.50. 473,249 shares of the stock traded hands, compared to its average volume of 2,391,445. Tyson Foods, Inc. has a 52-week low of $53.61 and a 52-week high of $66.88. The stock has a market cap of $19.77 billion, a P/E ratio of 18.75, a P/E/G ratio of 0.74 and a beta of 0.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The stock's fifty day moving average is $59.14 and its two-hundred day moving average is $59.40.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.07. The company had revenue of $13.07 billion during 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%. Tyson Foods's revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 earnings per share. Equities analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Friday, August 29th. Tyson Foods's payout ratio is currently 77.82%.

Analysts Set New Price Targets

Several research firms have recently issued reports on TSN. HSBC upgraded shares of Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. reduced their price target on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a report on Tuesday, May 6th. Hsbc Global Res upgraded shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a research note on Monday, February 3rd. Stephens reduced 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 research note on Tuesday, May 6th. Finally, Wall Street Zen downgraded shares of Tyson Foods from a "buy" rating to a "hold" rating 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average 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.