SG Americas Securities LLC Has $30.31 Million Stock Holdings in Tyson Foods, Inc. $TSN

SG Americas Securities LLC lifted its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 564.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 516,967 shares of the company’s stock after purchasing an additional 439,137 shares during the period. SG Americas Securities LLC’s holdings in Tyson Foods were worth $30,305,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Harbor Capital Advisors Inc. raised its stake in shares of Tyson Foods by 93.1% during the third quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock valued at $26,000 after acquiring an additional 228 shares during the last quarter. Root Financial Partners LLC bought a new position in Tyson Foods during the 3rd quarter worth $28,000. Wilmington Savings Fund Society FSB raised its position in Tyson Foods by 89.4% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 682 shares of the company’s stock worth $37,000 after purchasing an additional 322 shares during the last quarter. Caldwell Trust Co acquired a new position in Tyson Foods during the 3rd quarter worth about $38,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in Tyson Foods by 110.3% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 732 shares of the company’s stock worth $40,000 after buying an additional 384 shares during the period. Institutional investors own 67.00% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on TSN. BMO Capital Markets increased their price target on Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Argus upgraded Tyson Foods to a “hold” rating in a report on Friday, February 6th. Piper Sandler increased their target price on shares of Tyson Foods from $58.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. JPMorgan Chase & Co. lowered their price target on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $69.00 price target on shares of Tyson Foods in a research report on Tuesday, February 3rd. Three analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $64.09.

Tyson Foods Stock Performance

TSN stock opened at $61.44 on Thursday. The firm has a market cap of $21.63 billion, a PE ratio of 109.71, a price-to-earnings-growth ratio of 1.34 and a beta of 0.47. 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 $62.67 and a 200-day moving average price of $57.85. Tyson Foods, Inc. has a 1-year low of $50.56 and a 1-year high of $66.41.

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 net margin of 0.36% and a return on equity of 7.67%. The business had revenue of $14.31 billion for the quarter, compared to the consensus estimate of $14.11 billion. During the same quarter in the previous year, the company earned $1.14 EPS. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis. As a group, equities research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

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

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.