Tyson Foods, Inc. (NYSE:TSN) Shares Acquired by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 6.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 208,376 shares of the company's stock after buying an additional 12,858 shares during the period. Illinois Municipal Retirement Fund owned about 0.06% of Tyson Foods worth $13,296,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of TSN. Park Square Financial Group LLC acquired a new position in Tyson Foods during the 4th quarter valued at about $25,000. Riverview Trust Co boosted its stake in Tyson Foods by 3,423.1% during the 4th quarter. Riverview Trust Co now owns 458 shares of the company's stock valued at $26,000 after purchasing an additional 445 shares during the period. Curat Global LLC acquired a new position in Tyson Foods during the 1st quarter valued at about $28,000. SRS Capital Advisors Inc. boosted its stake in Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock valued at $36,000 after purchasing an additional 229 shares during the period. Finally, Ossiam boosted its stake in Tyson Foods by 41.6% during the 4th quarter. Ossiam now owns 626 shares of the company's stock valued at $36,000 after purchasing an additional 184 shares during the period. 67.00% of the stock is currently owned by institutional investors.

Tyson Foods Stock Up 0.7%

NYSE TSN opened at $55.04 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. The company's 50 day simple moving average is $56.69 and its 200 day simple moving average is $58.17. Tyson Foods, Inc. has a 12 month low of $54.01 and a 12 month high of $66.88. The company has a market capitalization of $19.61 billion, a P/E ratio of 21.42, a PEG 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 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.07. Tyson Foods had a net margin of 1.70% and a return on equity of 7.43%. The business had revenue of $13.07 billion for the quarter, compared to the consensus estimate of $13.15 billion. During the same period in the previous year, the firm earned $0.62 EPS. The business's revenue for the quarter was up .0% on a year-over-year basis. Equities research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.63%. Tyson Foods's dividend payout ratio is currently 77.82%.

Analyst Ratings Changes

TSN has been the subject of a number of analyst reports. Stephens reduced their target price 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. JPMorgan Chase & Co. dropped 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 report on Tuesday, May 6th. Citigroup boosted their price target on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 15th. Wall Street Zen downgraded shares of Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, The Goldman Sachs Group initiated coverage on shares of Tyson Foods in a research report on Monday. They set a "buy" rating and a $67.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $63.11.

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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