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Advyzon Investment Management LLC Invests $277,000 in Tyson Foods, Inc. (NYSE:TSN)

Tyson Foods logo with Consumer Staples background

Advyzon Investment Management LLC bought a new stake in Tyson Foods, Inc. (NYSE:TSN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,831 shares of the company's stock, valued at approximately $277,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Catalyst Capital Advisors LLC raised its holdings in shares of Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company's stock valued at $35,000 after purchasing an additional 210 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of Tyson Foods by 2,478.3% in the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company's stock valued at $34,000 after purchasing an additional 570 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in shares of Tyson Foods in the third quarter valued at about $36,000. ST Germain D J Co. Inc. purchased a new stake in shares of Tyson Foods in the fourth quarter valued at about $42,000. Finally, Fiduciary Advisors Inc. purchased a new stake in shares of Tyson Foods in the fourth quarter valued at about $53,000. Hedge funds and other institutional investors own 67.00% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on TSN. HSBC upgraded shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research report on Monday, February 3rd. Barclays reduced their price target on shares of Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. BMO Capital Markets increased their price target on shares of Tyson Foods from $60.00 to $62.00 and gave the company a "market perform" rating in a research report on Wednesday, November 13th. Stephens increased their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. Finally, Citigroup reduced their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $61.10.

Check Out Our Latest Report on Tyson Foods

Tyson Foods Stock Performance

NYSE:TSN traded up $1.32 on Friday, reaching $60.43. 3,322,503 shares of the company's stock were exchanged, compared to its average volume of 2,510,431. 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 firm has a market cap of $21.52 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 0.72 and a beta of 0.80. Tyson Foods, Inc. has a 52 week low of $52.11 and a 52 week high of $66.88. The stock has a fifty day simple moving average of $57.22 and a 200-day simple moving average of $60.06.

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

Tyson Foods Dividend Announcement

The company also recently declared 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 3.31%. The ex-dividend date is Friday, May 30th. Tyson Foods's payout ratio is 67.57%.

Tyson Foods Company Profile

(Free Report)

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.

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

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