Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC decreased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 55.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,398 shares of the company's stock after selling 91,672 shares during the quarter. Guggenheim Capital LLC's holdings in Tyson Foods were worth $4,159,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Riverview Trust Co increased its position in shares of Tyson Foods by 3,423.1% during the fourth quarter. Riverview Trust Co now owns 458 shares of the company's stock worth $26,000 after acquiring an additional 445 shares during the last quarter. Brooklyn Investment Group lifted its stake 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 worth $34,000 after acquiring an additional 570 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock worth $36,000 after acquiring an additional 229 shares in the last quarter. TCTC Holdings LLC lifted its stake in shares of Tyson Foods by 140.7% in the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company's stock worth $38,000 after acquiring an additional 387 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in shares of Tyson Foods in the fourth quarter worth about $42,000. Institutional investors and hedge funds own 67.00% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on TSN shares. Piper Sandler raised Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price objective for the company in a report on Tuesday, February 4th. Hsbc Global Res raised Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. HSBC raised Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Stephens upped their target price on Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Finally, Barclays lowered their target price on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a report on Tuesday, January 21st. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $61.78.

Tyson Foods Stock Performance

TSN stock traded down $0.63 on Thursday, reaching $61.40. The company's stock had a trading volume of 427,669 shares, compared to its average volume of 2,325,995. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88. The company has a market capitalization of $21.87 billion, a P/E ratio of 20.76, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. The firm has a fifty day moving average of $60.62 and a two-hundred day moving average of $59.69. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $13.62 billion during the quarter, compared to analyst estimates of $13.46 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.69 EPS. As a group, analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.50 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.26%. Tyson Foods's dividend payout ratio (DPR) is 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.