Tyson Foods, Inc. $TSN Shares Bought by Everpar Advisors LLC

Everpar Advisors LLC grew its holdings in Tyson Foods, Inc. (NYSE:TSN) by 27.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,243 shares of the company’s stock after purchasing an additional 17,353 shares during the quarter. Tyson Foods comprises approximately 1.8% of Everpar Advisors LLC’s portfolio, making the stock its 9th largest holding. Everpar Advisors LLC’s holdings in Tyson Foods were worth $4,762,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CWA Asset Management Group LLC increased its holdings in shares of Tyson Foods by 24.6% in the fourth quarter. CWA Asset Management Group LLC now owns 8,011 shares of the company’s stock valued at $470,000 after purchasing an additional 1,581 shares during the last quarter. Sage Capital Advisors llc grew its holdings in Tyson Foods by 0.6% in the 4th quarter. Sage Capital Advisors llc now owns 108,200 shares of the company’s stock valued at $6,343,000 after buying an additional 613 shares in the last quarter. Park Avenue Securities LLC increased its stake in shares of Tyson Foods by 3.7% in the 4th quarter. Park Avenue Securities LLC now owns 13,259 shares of the company’s stock worth $777,000 after acquiring an additional 470 shares during the last quarter. Miller Global Investments LLC purchased a new position in shares of Tyson Foods during the 4th quarter worth $547,000. Finally, Rosenberg Matthew Hamilton boosted its position in shares of Tyson Foods by 68.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 1,814 shares of the company’s stock valued at $106,000 after acquiring an additional 734 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. BMO Capital Markets raised their price objective on shares of Tyson Foods from $67.00 to $73.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Piper Sandler boosted their target price on shares of Tyson Foods from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Barclays increased their price target on shares of Tyson Foods from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. Argus raised shares of Tyson Foods to a “hold” rating in a research report on Friday, February 6th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $69.00 price objective on shares of Tyson Foods in a report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $64.27.

Tyson Foods Price Performance

Tyson Foods stock opened at $58.22 on Friday. The company’s 50 day simple moving average is $62.62 and its 200-day simple moving average is $57.75. The company has a market capitalization of $20.50 billion, a price-to-earnings ratio of 103.96, a price-to-earnings-growth ratio of 1.30 and a beta of 0.47. Tyson Foods, Inc. has a 1 year low of $50.56 and a 1 year high of $66.41. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.66 and a current ratio of 1.53.

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

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.04 annualized dividend and a yield of 3.5%. Tyson Foods’s dividend payout ratio is presently 364.29%.

Tyson Foods 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.