62,965 Shares in Tyson Foods, Inc. (NYSE:TSN) Purchased by Everpar Advisors LLC

Everpar Advisors LLC purchased a new stake in Tyson Foods, Inc. (NYSE:TSN) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 62,965 shares of the company’s stock, valued at approximately $3,384,000. Tyson Foods comprises approximately 1.6% of Everpar Advisors LLC’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds also recently modified their holdings of the company. Patrick M Sweeney & Associates Inc. bought a new position in Tyson Foods during the fourth quarter worth about $215,000. Simmons Bank lifted its position in shares of Tyson Foods by 6.1% during the 4th quarter. Simmons Bank now owns 47,489 shares of the company’s stock worth $2,553,000 after buying an additional 2,738 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Tyson Foods by 0.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 6,647,913 shares of the company’s stock valued at $357,325,000 after buying an additional 49,540 shares in the last quarter. Private Advisor Group LLC grew its position in Tyson Foods by 61.0% in the fourth quarter. Private Advisor Group LLC now owns 11,370 shares of the company’s stock valued at $611,000 after acquiring an additional 4,306 shares during the period. Finally, Spire Wealth Management raised its stake in Tyson Foods by 21.7% during the fourth quarter. Spire Wealth Management now owns 1,340 shares of the company’s stock worth $71,000 after acquiring an additional 239 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on TSN shares. HSBC upped their target price on shares of Tyson Foods from $48.00 to $51.00 and gave the stock a “reduce” rating in a report on Tuesday. The Goldman Sachs Group boosted their target price on Tyson Foods from $49.00 to $54.00 and gave the stock a “neutral” rating in a report on Wednesday, April 17th. BMO Capital Markets raised their price target on Tyson Foods from $55.00 to $58.00 and gave the company a “market perform” rating in a report on Tuesday. Citigroup boosted their price objective on Tyson Foods from $57.00 to $62.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 3rd. Finally, Stephens restated an “overweight” rating and set a $70.00 target price on shares of Tyson Foods in a report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods presently has an average rating of “Hold” and a consensus target price of $60.60.

Insider Activity at Tyson Foods

In other Tyson Foods news, Director Noel W. White sold 9,000 shares of Tyson Foods stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $53.75, for a total transaction of $483,750.00. Following the transaction, the director now directly owns 31,115 shares in the company, valued at $1,672,431.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.05% of the stock is owned by corporate insiders.

Tyson Foods Trading Up 0.4 %

Shares of Tyson Foods stock traded up $0.25 on Wednesday, hitting $59.14. 2,857,033 shares of the company’s stock traded hands, compared to its average volume of 2,872,858. Tyson Foods, Inc. has a one year low of $44.94 and a one year high of $62.04. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.49 and a quick ratio of 0.67. The stock has a market capitalization of $21.07 billion, a PE ratio of -23.94, a price-to-earnings-growth ratio of 0.49 and a beta of 0.74. The firm’s 50-day moving average price is $57.89 and its two-hundred day moving average price is $53.62.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, May 6th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.23. The firm had revenue of $13.07 billion for the quarter, compared to analyst estimates of $13.16 billion. Tyson Foods had a positive return on equity of 2.23% and a negative net margin of 1.62%. The company’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. On average, research analysts expect that Tyson Foods, Inc. will post 2.33 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders 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 3.31%. The ex-dividend date of this dividend is Friday, May 31st. Tyson Foods’s dividend payout ratio (DPR) is -79.35%.

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.