Universal Beteiligungs und Servicegesellschaft mbH Acquires New Holdings in Tyson Foods, Inc. (NYSE:TSN)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 127,338 shares of the company's stock, valued at approximately $7,314,000.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new stake in Tyson Foods in the 4th quarter valued at $175,086,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Tyson Foods by 83.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,211,722 shares of the company's stock valued at $69,601,000 after purchasing an additional 551,530 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Tyson Foods by 14.8% in the 4th quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company's stock worth $190,454,000 after purchasing an additional 427,582 shares during the last quarter. Two Sigma Advisers LP grew its holdings in shares of Tyson Foods by 40.1% in the 4th quarter. Two Sigma Advisers LP now owns 1,370,500 shares of the company's stock worth $78,722,000 after purchasing an additional 392,200 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Tyson Foods during the 4th quarter valued at about $22,059,000. 67.00% of the stock is currently owned by institutional investors.

Tyson Foods Trading Down 0.3%

TSN stock traded down $0.18 during midday trading on Wednesday, reaching $55.61. The company's stock had a trading volume of 2,682,763 shares, compared to its average volume of 2,386,423. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88. The business's 50-day simple moving average is $58.51 and its 200-day simple moving average is $59.14. The stock has a market cap of $19.81 billion, a PE ratio of 18.79, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its earnings results on Monday, May 5th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.07. The company had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.62 EPS. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current 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 $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 dividend payout ratio (DPR) is 77.82%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TSN. Citigroup upped their price objective on shares of 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 target price on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. Wall Street Zen cut shares of Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Piper Sandler raised shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target on the stock in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock 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 company. According to MarketBeat, the company presently has an average 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.