Jefferies Financial Group Inc. Has $793,000 Stake in Tyson Foods, Inc. (NYSE:TSN)

Jefferies Financial Group Inc. decreased its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 55.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,810 shares of the company's stock after selling 16,939 shares during the quarter. Jefferies Financial Group Inc.'s holdings in Tyson Foods were worth $793,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TSN. Riverview Trust Co increased its stake in shares of Tyson Foods by 3,423.1% in the fourth quarter. Riverview Trust Co now owns 458 shares of the company's stock worth $26,000 after purchasing an additional 445 shares during the period. Brooklyn Investment Group increased its position in Tyson Foods by 2,478.3% in the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company's stock worth $34,000 after buying an additional 570 shares during the period. SRS Capital Advisors Inc. lifted its holdings in shares of Tyson Foods by 58.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock worth $36,000 after buying an additional 229 shares during the last quarter. Ossiam boosted its position in shares of Tyson Foods by 41.6% in the fourth quarter. Ossiam now owns 626 shares of the company's stock valued at $36,000 after acquiring an additional 184 shares during the period. Finally, TCTC Holdings LLC grew its stake in shares of 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 acquiring an additional 387 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TSN. Citigroup increased their price target on shares of Tyson Foods from $59.00 to $60.00 and gave the company a "neutral" rating in a report on Tuesday, April 15th. StockNews.com lowered Tyson Foods from a "buy" rating to a "hold" rating in a research note on Tuesday, May 6th. Hsbc Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. lowered their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Tuesday, May 6th. Finally, Piper Sandler upgraded shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 target price on the stock in a research report on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, Tyson Foods presently has an average rating of "Hold" and a consensus target price of $62.63.

Tyson Foods Trading Up 0.2%

Shares of Tyson Foods stock traded up $0.12 during trading on Monday, hitting $56.06. 2,752,357 shares of the company were exchanged, compared to its average volume of 2,409,388. 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 firm has a market capitalization of $19.97 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63. The firm's fifty day moving average price is $59.76 and its 200 day moving average price is $59.55. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year high of $66.88.

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 analysts' consensus estimates of $0.85 by $0.07. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business had revenue of $13.07 billion during the quarter, compared to analysts' expectations of $13.15 billion. Tyson Foods's revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.62 EPS. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, August 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.57%. Tyson Foods's dividend payout ratio (DPR) is presently 77.82%.

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.