apricus wealth LLC Has $2.56 Million Stock Position in Tyson Foods, Inc. (NYSE:TSN)

apricus wealth LLC lifted its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 95.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,530 shares of the company's stock after acquiring an additional 23,225 shares during the period. Tyson Foods accounts for approximately 1.9% of apricus wealth LLC's investment portfolio, making the stock its 20th biggest holding. apricus wealth LLC's holdings in Tyson Foods were worth $2,555,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TSN. Unison Advisors LLC boosted its holdings in Tyson Foods by 1.0% in the fourth quarter. Unison Advisors LLC now owns 24,999 shares of the company's stock valued at $1,344,000 after purchasing an additional 250 shares during the last quarter. AlphaMark Advisors LLC boosted its holdings in Tyson Foods by 9.3% in the fourth quarter. AlphaMark Advisors LLC now owns 9,750 shares of the company's stock valued at $524,000 after purchasing an additional 830 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Tyson Foods by 64.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,265 shares of the company's stock valued at $69,000 after purchasing an additional 495 shares during the last quarter. A. D. Beadell Investment Counsel Inc. purchased a new stake in Tyson Foods in the fourth quarter valued at $745,000. Finally, Planned Solutions Inc. purchased a new stake in Tyson Foods in the fourth quarter valued at $75,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Tyson Foods Price Performance

TSN stock traded down $0.88 during mid-day trading on Monday, reaching $57.85. The company's stock had a trading volume of 2,019,612 shares, compared to its average volume of 3,037,802. The company's 50 day moving average is $54.91 and its two-hundred day moving average is $51.75. The stock has a market cap of $20.61 billion, a PE ratio of -23.42, a P/E/G ratio of 0.46 and a beta of 0.77. The company has a current ratio of 1.49, a quick ratio of 0.67 and a debt-to-equity ratio of 0.46. Tyson Foods, Inc. has a fifty-two week low of $44.94 and a fifty-two week high of $63.28.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.28. Tyson Foods had a negative net margin of 1.62% and a positive return on equity of 2.23%. The business had revenue of $13.32 billion during the quarter, compared to the consensus estimate of $13.34 billion. During the same quarter last year, the firm earned $0.85 EPS. The business's revenue was up .4% compared to the same quarter last year. Equities research analysts expect that Tyson Foods, Inc. will post 2.35 EPS for the current year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be issued a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Friday, May 31st. Tyson Foods's dividend payout ratio (DPR) is presently -79.35%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TSN. Bank of America raised shares of Tyson Foods from an "underperform" rating to a "neutral" rating and increased their target price for the stock from $47.00 to $62.00 in a research note on Tuesday, February 6th. StockNews.com raised shares of Tyson Foods from a "sell" rating to a "hold" rating in a research note on Monday, January 22nd. Citigroup began coverage on shares of Tyson Foods in a research note on Thursday, February 1st. They set a "neutral" rating and a $56.00 target price on the stock. BMO Capital Markets upped their price target on shares of Tyson Foods from $52.00 to $55.00 and gave the stock a "market perform" rating in a research report on Tuesday, February 6th. Finally, Barclays upped their price target on shares of Tyson Foods from $50.00 to $53.00 and gave the stock an "underweight" rating in a research report on Tuesday, February 6th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $57.60.

Insider Buying and Selling at Tyson Foods

In other news, Director Noel W. White sold 9,000 shares of the business's stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $53.75, for a total value of $483,750.00. Following the completion of the transaction, the director now owns 31,115 shares of the company's stock, valued at $1,672,431.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.05% of the company's stock.

About Tyson Foods

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.