Inceptionr LLC Takes $2.40 Million Position in Tyson Foods, Inc. (NYSE:TSN)

Inceptionr LLC acquired a new stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 41,731 shares of the company's stock, valued at approximately $2,397,000. Tyson Foods accounts for approximately 0.5% of Inceptionr LLC's holdings, making the stock its biggest holding.

A number of other large investors also recently bought and sold shares of TSN. Crossmark Global Holdings Inc. boosted its stake in Tyson Foods by 0.9% in the third quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company's stock valued at $1,160,000 after acquiring an additional 172 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Tyson Foods by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company's stock worth $643,000 after purchasing an additional 184 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Tyson Foods by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company's stock worth $2,908,000 after buying an additional 189 shares during the last quarter. Naples Global Advisors LLC increased its position in Tyson Foods by 1.0% during the 4th quarter. Naples Global Advisors LLC now owns 19,794 shares of the company's stock valued at $1,137,000 after buying an additional 202 shares in the last quarter. Finally, Empirical Finance LLC raised its stake in Tyson Foods by 2.1% in the third quarter. Empirical Finance LLC now owns 9,957 shares of the company's stock valued at $593,000 after buying an additional 206 shares during the last quarter. Institutional investors own 67.00% of the company's stock.

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Tyson Foods Price Performance

Shares of NYSE:TSN traded up $0.69 during midday trading on Monday, reaching $61.93. 3,576,363 shares of the company's stock traded hands, compared to its average volume of 2,494,784. The company has a fifty day simple moving average of $57.74 and a two-hundred day simple moving average of $59.96. Tyson Foods, Inc. has a 1 year low of $53.61 and a 1 year high of $66.88. The company has a market cap of $22.06 billion, a P/E ratio of 20.92, a PEG ratio of 0.74 and a beta of 0.72. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $13.46 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The company's revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $0.69 earnings per share. Equities analysts predict 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. Shareholders of record on Friday, May 30th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, May 30th. This represents a $2.00 annualized dividend and a yield of 3.23%. Tyson Foods's dividend payout ratio (DPR) is currently 67.57%.

Analysts Set New Price Targets

Several research firms have recently issued reports on TSN. UBS Group initiated coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a "neutral" rating and a $62.00 price objective on the stock. Hsbc Global Res upgraded shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a research note on Monday, February 3rd. HSBC upgraded shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research note on Monday, February 3rd. Barclays cut their target price on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a research report on Tuesday, January 21st. Finally, Citigroup dropped their price target on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $61.10.

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.