4,468 Shares in Tyson Foods, Inc. (NYSE:TSN) Bought by CreativeOne Wealth LLC

CreativeOne Wealth LLC acquired a new stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,468 shares of the company's stock, valued at approximately $257,000.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Tyson Foods by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 35,714,357 shares of the company's stock valued at $2,051,433,000 after purchasing an additional 325,361 shares during the period. Geode Capital Management LLC grew its position in Tyson Foods by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 6,994,356 shares of the company's stock valued at $400,712,000 after buying an additional 178,785 shares during the period. Bank of New York Mellon Corp increased its holdings in Tyson Foods by 14.8% during the fourth quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company's stock worth $190,454,000 after buying an additional 427,582 shares during the last quarter. Norges Bank bought a new stake in Tyson Foods in the fourth quarter worth about $175,086,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Tyson Foods by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,456,740 shares of the company's stock valued at $141,115,000 after acquiring an additional 98,799 shares during the period. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on TSN shares. Stephens lifted their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Piper Sandler raised Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target on the stock in a research report on Tuesday, February 4th. Hsbc Global Res raised shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, Citigroup raised their price objective on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $61.78.

Tyson Foods Price Performance

Shares of NYSE:TSN traded down $0.62 on Friday, hitting $60.81. The company's stock had a trading volume of 351,423 shares, compared to its average volume of 2,458,533. Tyson Foods, Inc. has a 1 year low of $53.61 and a 1 year high of $66.88. 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 company has a market capitalization of $21.66 billion, a PE ratio of 20.54, a PEG ratio of 0.74 and a beta of 0.62. The company has a 50-day simple moving average of $60.71 and a 200 day simple moving average of $59.71.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its earnings results on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.35. The business had revenue of $13.62 billion during the quarter, compared to analyst estimates of $13.46 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. Tyson Foods's revenue for the quarter was up 2.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 earnings per share. Sell-side analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.29%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods's payout ratio is currently 67.57%.

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 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.