Two Sigma Advisers LP Grows Position in Tyson Foods, Inc. (NYSE:TSN)

Two Sigma Advisers LP increased its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,370,500 shares of the company's stock after acquiring an additional 392,200 shares during the quarter. Two Sigma Advisers LP owned approximately 0.38% of Tyson Foods worth $78,722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Two Sigma Investments LP boosted its position in shares of Tyson Foods by 20.5% during the 4th quarter. Two Sigma Investments LP now owns 909,550 shares of the company's stock valued at $52,245,000 after acquiring an additional 154,553 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Tyson Foods by 33.1% during the 4th quarter. Tidal Investments LLC now owns 62,612 shares of the company's stock valued at $3,596,000 after acquiring an additional 15,553 shares during the last quarter. Toronto Dominion Bank raised its holdings in Tyson Foods by 1.1% in the 4th quarter. Toronto Dominion Bank now owns 152,957 shares of the company's stock valued at $8,786,000 after buying an additional 1,659 shares during the period. Siemens Fonds Invest GmbH acquired a new position in Tyson Foods in the fourth quarter valued at about $65,000. Finally, Shell Asset Management Co. lifted its position in Tyson Foods by 36.9% in the fourth quarter. Shell Asset Management Co. now owns 7,940 shares of the company's stock valued at $456,000 after buying an additional 2,141 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company's stock.

Tyson Foods Trading Up 0.3%

NYSE:TSN traded up $0.14 on Friday, reaching $55.62. 2,629,615 shares of the company's stock were exchanged, compared to its average volume of 2,400,045. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of $19.81 billion, a price-to-earnings ratio of 18.79, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63. The business has a fifty day moving average of $59.34 and a 200-day moving average of $59.44. Tyson Foods, Inc. has a 52-week low of $53.61 and a 52-week high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.07. The company had revenue of $13.07 billion for the quarter, compared to analyst estimates of $13.15 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The business's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.62 earnings per share. As a group, analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Investors of record on Friday, August 29th will be paid 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 3.60%. Tyson Foods's payout ratio is 77.82%.

Analyst Ratings Changes

A number of research firms have commented on TSN. Hsbc Global Res raised shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Citigroup upped their target price on shares of Tyson Foods from $59.00 to $60.00 and gave the company a "neutral" rating in a research report on Tuesday, April 15th. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price 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. Finally, Wall Street Zen cut shares of Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Ten investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently 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.