Landscape Capital Management L.L.C. Has $6.71 Million Stock Position in Tyson Foods, Inc. $TSN

Landscape Capital Management L.L.C. increased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 192.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 123,585 shares of the company’s stock after purchasing an additional 81,378 shares during the period. Landscape Capital Management L.L.C.’s holdings in Tyson Foods were worth $6,711,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Tyson Foods during the 2nd quarter worth approximately $246,055,000. Davis Selected Advisers increased its holdings in shares of Tyson Foods by 91.4% in the second quarter. Davis Selected Advisers now owns 8,956,466 shares of the company’s stock valued at $501,025,000 after purchasing an additional 4,276,884 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Tyson Foods by 76.1% in the second quarter. AQR Capital Management LLC now owns 5,006,787 shares of the company’s stock valued at $277,326,000 after purchasing an additional 2,164,160 shares during the last quarter. Invesco Ltd. raised its position in shares of Tyson Foods by 36.0% in the second quarter. Invesco Ltd. now owns 5,864,131 shares of the company’s stock valued at $328,039,000 after purchasing an additional 1,550,812 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Tyson Foods by 73.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,879,219 shares of the company’s stock worth $102,042,000 after buying an additional 795,710 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

NYSE TSN traded down $0.30 during trading on Friday, reaching $60.73. The company’s stock had a trading volume of 276,694 shares, compared to its average volume of 3,045,876. 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 firm has a market capitalization of $21.38 billion, a price-to-earnings ratio of 108.12, a price-to-earnings-growth ratio of 1.32 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 firm has a 50 day moving average price of $62.23 and a 200 day moving average price of $57.61.

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

Tyson Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Monday, June 1st. Tyson Foods’s dividend payout ratio (DPR) is 364.29%.

Analyst Upgrades and Downgrades

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

About Tyson Foods

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.