D L Carlson Investment Group Inc. Sells 5,681 Shares of Tyson Foods, Inc. (NYSE:TSN)

D L Carlson Investment Group Inc. reduced its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 10.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 47,998 shares of the company's stock after selling 5,681 shares during the period. D L Carlson Investment Group Inc.'s holdings in Tyson Foods were worth $2,757,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Tyson Foods in the fourth quarter valued at approximately $175,086,000. State Street Corp boosted its position in Tyson Foods by 6.9% in the third quarter. State Street Corp now owns 13,304,869 shares of the company's stock worth $792,438,000 after purchasing an additional 859,351 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Tyson Foods by 83.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,211,722 shares of the company's stock valued at $69,601,000 after purchasing an additional 551,530 shares during the period. Barclays PLC raised its stake in shares of Tyson Foods by 66.1% during the 3rd quarter. Barclays PLC now owns 1,122,285 shares of the company's stock worth $66,841,000 after purchasing an additional 446,648 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Tyson Foods by 14.8% in the 4th 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. 67.00% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of research firms recently issued reports on TSN. Stephens raised their price objective 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. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Barclays decreased their target price on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a research report on Tuesday, January 21st. UBS Group began coverage on Tyson Foods in a research report on Friday, January 10th. They set a "neutral" rating and a $62.00 price target on the stock. Finally, Hsbc Global Res raised Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $61.10.

Tyson Foods Price Performance

Shares of TSN stock traded down $0.34 during trading hours on Wednesday, reaching $62.77. The stock had a trading volume of 1,527,781 shares, compared to its average volume of 2,303,444. The stock's fifty day simple moving average is $59.41 and its 200 day simple moving average is $59.61. The firm has a market capitalization of $22.36 billion, a PE ratio of 21.21, a PEG ratio of 0.74 and a beta of 0.72. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52.

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, topping the consensus estimate of $0.79 by $0.35. The company 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%. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.69 earnings per share. On average, equities research analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders 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 yield of 3.19%. The ex-dividend date is Friday, May 30th. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

About Tyson Foods

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.