Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 7.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,693,256 shares of the company's stock after selling 221,350 shares during the quarter. Dimensional Fund Advisors LP owned about 0.76% of Tyson Foods worth $154,693,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. First Trust Advisors LP raised its holdings in Tyson Foods by 348.4% during the fourth quarter. First Trust Advisors LP now owns 373,876 shares of the company's stock worth $21,475,000 after purchasing an additional 290,501 shares in the last quarter. Forum Financial Management LP raised its stake in shares of Tyson Foods by 49.9% during the 4th quarter. Forum Financial Management LP now owns 5,984 shares of the company's stock worth $344,000 after buying an additional 1,991 shares in the last quarter. Commerce Bank lifted its holdings in shares of Tyson Foods by 4.0% in the 4th quarter. Commerce Bank now owns 93,322 shares of the company's stock valued at $5,360,000 after buying an additional 3,579 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake in shares of Tyson Foods by 5.2% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 173,840 shares of the company's stock valued at $9,980,000 after buying an additional 8,659 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in Tyson Foods by 10.2% during the fourth quarter. Canada Pension Plan Investment Board now owns 1,230,437 shares of the company's stock worth $70,676,000 after acquiring an additional 113,547 shares during the period. Hedge funds and other institutional investors own 67.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TSN shares. Citigroup boosted their target price on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research report on Tuesday, April 15th. Barclays decreased their price objective on shares of Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Piper Sandler raised shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 target price for the company in a report on Tuesday, February 4th. Hsbc Global Res raised Tyson Foods from a "moderate sell" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Stephens raised their price objective on Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Tyson Foods has a consensus rating of "Hold" and a consensus target price of $61.78.

Tyson Foods Price Performance

Shares of NYSE TSN traded up $0.67 during trading on Wednesday, reaching $61.25. The company had a trading volume of 2,959,315 shares, compared to its average volume of 2,341,970. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $21.82 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. Tyson Foods, Inc. has a twelve month low of $53.61 and a twelve month high of $66.88. The stock has a 50-day moving average price of $60.86 and a two-hundred day moving average price of $59.77.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.35. The business had revenue of $13.62 billion during the quarter, compared to the consensus estimate of $13.46 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.69 earnings per share. As a group, sell-side analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, May 30th. This represents a $2.00 annualized dividend and a yield of 3.27%. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

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.