Siemens Fonds Invest GmbH Makes New $65,000 Investment in Tyson Foods, Inc. (NYSE:TSN)

Siemens Fonds Invest GmbH purchased a new position in shares of Tyson Foods, Inc. (NYSE:TSN) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,134 shares of the company’s stock, valued at approximately $65,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Riverview Trust Co lifted its stake in Tyson Foods by 3,423.1% during the fourth quarter. Riverview Trust Co now owns 458 shares of the company’s stock worth $26,000 after purchasing an additional 445 shares during the period. Brooklyn Investment Group lifted its stake in Tyson Foods by 2,478.3% during the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after purchasing an additional 570 shares during the period. SRS Capital Advisors Inc. lifted its stake in Tyson Foods by 58.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after purchasing an additional 229 shares during the period. Ossiam raised its stake in shares of Tyson Foods by 41.6% in the fourth quarter. Ossiam now owns 626 shares of the company’s stock valued at $36,000 after acquiring an additional 184 shares during the last quarter. Finally, TCTC Holdings LLC raised its stake in shares of Tyson Foods by 140.7% in the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock valued at $38,000 after acquiring an additional 387 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $56.08 on Monday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The firm has a market cap of $19.98 billion, a P/E ratio of 18.94, a P/E/G ratio of 0.74 and a beta of 0.63. The firm has a 50 day simple moving average of $59.76 and a 200 day simple moving average of $59.55. Tyson Foods, Inc. has a fifty-two week low of $53.61 and a fifty-two week high of $66.88.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. During the same quarter in the previous year, the business earned $0.62 EPS. The business’s quarterly revenue was up .0% compared to the same quarter last year. Sell-side analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend is Friday, August 29th. Tyson Foods’s dividend payout ratio is presently 77.82%.

Analyst Ratings Changes

A number of research 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 research note on Tuesday, April 15th. Hsbc Global Res upgraded shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research note on Monday, February 3rd. StockNews.com cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Barclays cut their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Finally, Stephens cut their target price on shares of Tyson Foods from $63.00 to $61.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 6th. Ten analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Tyson Foods currently has a consensus rating of “Hold” and an average price target of $62.63.

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.