WINTON GROUP Ltd Takes $5.72 Million Position in Tyson Foods, Inc. $TSN

WINTON GROUP Ltd purchased a new stake in Tyson Foods, Inc. (NYSE:TSN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 105,360 shares of the company’s stock, valued at approximately $5,721,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Schroder Investment Management Group grew its stake in shares of Tyson Foods by 40.7% in the third quarter. Schroder Investment Management Group now owns 14,612 shares of the company’s stock valued at $788,000 after acquiring an additional 4,226 shares in the last quarter. Inceptionr LLC bought a new position in Tyson Foods in the 3rd quarter valued at approximately $2,105,000. Jefferies Financial Group Inc. lifted its holdings in Tyson Foods by 242.7% during the 3rd quarter. Jefferies Financial Group Inc. now owns 55,974 shares of the company’s stock worth $3,039,000 after buying an additional 39,639 shares during the period. Vinva Investment Management Ltd lifted its stake in shares of Tyson Foods by 111.6% in the third quarter. Vinva Investment Management Ltd now owns 387,714 shares of the company’s stock worth $21,070,000 after acquiring an additional 204,482 shares during the period. Finally, Parallel Advisors LLC increased its position in shares of Tyson Foods by 23.6% during the third quarter. Parallel Advisors LLC now owns 3,203 shares of the company’s stock worth $174,000 after buying an additional 612 shares during the period. Institutional investors own 67.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TSN shares. BMO Capital Markets raised their price objective on shares of Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Tyson Foods in a research note on Monday, December 29th. Piper Sandler increased their price target on shares of Tyson Foods from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Argus raised Tyson Foods to a “hold” rating in a report on Friday, February 6th. Finally, Barclays raised their price objective on Tyson Foods from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat.com, Tyson Foods presently has a consensus rating of “Hold” and a consensus target price of $64.27.

Tyson Foods Stock Performance

NYSE:TSN opened at $61.27 on Tuesday. The stock has a market capitalization of $21.57 billion, a P/E ratio of 109.42, a P/E/G ratio of 1.35 and a beta of 0.47. Tyson Foods, Inc. has a 12-month low of $50.56 and a 12-month high of $66.41. The company has a current ratio of 1.53, a quick ratio of 0.66 and a debt-to-equity ratio of 0.41. The stock has a 50-day moving average price of $62.14 and a 200 day moving average price of $57.55.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, February 2nd. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $1.01 by ($0.04). The business had revenue of $14.31 billion during the quarter, compared to the consensus estimate of $14.11 billion. Tyson Foods had a return on equity of 7.67% and a net margin of 0.36%.The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.14 EPS. Equities research analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Monday, June 1st. Tyson Foods’s dividend payout ratio is currently 364.29%.

Tyson Foods Company Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.