Waverton Investment Management Ltd raised its stake in Tyson Foods, Inc. (NYSE:TSN) by 4.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,020 shares of the company’s stock after buying an additional 430 shares during the period. Waverton Investment Management Ltd’s holdings in Tyson Foods were worth $588,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Curbstone Financial Management Corp grew its position in shares of Tyson Foods by 1.5% in the 4th quarter. Curbstone Financial Management Corp now owns 13,500 shares of the company’s stock valued at $929,000 after buying an additional 200 shares during the last quarter. BDO Wealth Advisors LLC grew its position in shares of Tyson Foods by 7.2% in the 2nd quarter. BDO Wealth Advisors LLC now owns 11,975 shares of the company’s stock valued at $824,000 after buying an additional 802 shares during the last quarter. BKS Advisors LLC grew its position in shares of Tyson Foods by 28.3% in the 3rd quarter. BKS Advisors LLC now owns 3,786 shares of the company’s stock valued at $225,000 after buying an additional 836 shares during the last quarter. Biltmore Wealth Management LLC grew its position in shares of Tyson Foods by 12.0% in the 3rd quarter. Biltmore Wealth Management LLC now owns 7,868 shares of the company’s stock valued at $468,000 after buying an additional 845 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its position in shares of Tyson Foods by 19.2% in the 3rd quarter. Eagle Asset Management Inc. now owns 5,361 shares of the company’s stock valued at $319,000 after buying an additional 863 shares during the last quarter. Hedge funds and other institutional investors own 68.42% of the company’s stock.

In related news, Director Robert C. Thurber sold 500 shares of the company’s stock in a transaction that occurred on Monday, December 17th. The stock was sold at an average price of $54.45, for a total transaction of $27,225.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Gaurdie E. Jr. Banister purchased 6,897 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The shares were purchased at an average cost of $58.01 per share, for a total transaction of $400,094.97. The disclosure for this purchase can be found here. 1.69% of the stock is currently owned by corporate insiders.

Shares of Tyson Foods stock traded down $0.04 on Monday, hitting $57.79. 11,055 shares of the company’s stock traded hands, compared to its average volume of 3,088,671. Tyson Foods, Inc. has a one year low of $49.77 and a one year high of $81.51. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 0.43. The firm has a market cap of $20.65 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 0.87 and a beta of 0.26.

Tyson Foods (NYSE:TSN) last announced its earnings results on Tuesday, November 13th. The company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.33 by $0.25. Tyson Foods had a return on equity of 18.39% and a net margin of 7.55%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $10.30 billion. During the same quarter in the prior year, the company earned $1.43 EPS. The firm’s revenue for the quarter was down 1.4% compared to the same quarter last year. On average, sell-side analysts expect that Tyson Foods, Inc. will post 5.92 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be paid a dividend of $0.375 per share. This is an increase from Tyson Foods’s previous quarterly dividend of $0.30. This represents a $1.50 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date is Thursday, February 28th. Tyson Foods’s dividend payout ratio is 24.35%.

A number of research firms have commented on TSN. Zacks Investment Research lowered Tyson Foods from a “buy” rating to a “hold” rating in a research report on Monday. Mizuho restated a “buy” rating and set a $78.00 target price on shares of Tyson Foods in a research report on Wednesday, November 14th. Pivotal Research restated a “sell” rating and set a $40.00 target price on shares of Tyson Foods in a research report on Tuesday, November 13th. Vertical Group upgraded Tyson Foods from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Piper Jaffray Companies set a $72.00 target price on Tyson Foods and gave the company a “buy” rating in a research report on Monday, November 26th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $70.43.

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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 live market 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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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