AQR Capital Management LLC Grows Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

AQR Capital Management LLC increased its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 47.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 324,211 shares of the company's stock after purchasing an additional 104,600 shares during the quarter. AQR Capital Management LLC owned approximately 0.09% of Tyson Foods worth $18,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSN. Handelsbanken Fonder AB grew its stake in Tyson Foods by 17.2% in the fourth quarter. Handelsbanken Fonder AB now owns 4,975 shares of the company's stock worth $286,000 after purchasing an additional 729 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Tyson Foods by 14.0% during the 4th quarter. Sound Income Strategies LLC now owns 56,537 shares of the company's stock valued at $3,248,000 after buying an additional 6,955 shares in the last quarter. Empowered Funds LLC grew its position in shares of Tyson Foods by 289.9% in the 4th quarter. Empowered Funds LLC now owns 24,288 shares of the company's stock worth $1,395,000 after buying an additional 18,059 shares during the period. Everence Capital Management Inc. bought a new position in shares of Tyson Foods in the 4th quarter worth about $775,000. Finally, Liberty One Investment Management LLC lifted its position in Tyson Foods by 7.1% during the 4th quarter. Liberty One Investment Management LLC now owns 74,648 shares of the company's stock valued at $4,288,000 after acquiring an additional 4,922 shares during the period. Institutional investors own 67.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Citigroup lifted their target price 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. Stephens reduced their target price on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating for the company in a report on Tuesday. Piper Sandler upgraded Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price objective for the company in a report on Tuesday, February 4th. StockNews.com cut shares of Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday. Finally, JPMorgan Chase & Co. dropped their target price on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research report on Tuesday. Ten research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $62.63.

Tyson Foods Price Performance

NYSE:TSN traded down $1.03 on Friday, reaching $55.31. 2,779,063 shares of the company's stock traded hands, compared to its average volume of 2,376,730. 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 12 month low of $53.61 and a 12 month high of $66.88. The stock has a 50-day simple moving average of $60.43 and a 200-day simple moving average of $59.67. The firm has a market cap of $19.70 billion, a PE ratio of 18.69, a P/E/G ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $13.15 billion. During the same quarter in the previous year, the company posted $0.62 EPS. The company's revenue was up .0% compared to the same quarter last year. Equities research analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

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.