Landscape Capital Management L.L.C. Purchases Shares of 12,037 Tyson Foods, Inc. (NYSE:TSN)

Landscape Capital Management L.L.C. acquired a new position in Tyson Foods, Inc. (NYSE:TSN - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 12,037 shares of the company's stock, valued at approximately $691,000.

Other hedge funds have also bought and sold shares of the company. Riverview Trust Co lifted its position in Tyson Foods by 3,423.1% during the fourth quarter. Riverview Trust Co now owns 458 shares of the company's stock valued at $26,000 after purchasing an additional 445 shares during the period. Brooklyn Investment Group lifted its position in Tyson Foods by 2,478.3% during 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 in the last quarter. SRS Capital Advisors Inc. grew its stake in shares of Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock valued at $36,000 after acquiring an additional 229 shares during the period. TCTC Holdings LLC increased 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 purchasing an additional 387 shares in the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in Tyson Foods during the fourth quarter valued at about $42,000. Hedge funds and other institutional investors own 67.00% of the company's stock.

Tyson Foods Stock Down 0.8 %

TSN stock traded down $0.50 on Friday, hitting $59.63. 523,358 shares of the company's stock were exchanged, compared to its average volume of 2,310,714. The firm has a 50 day moving average price of $59.99 and a two-hundred day moving average price of $59.56. The stock has a market cap of $21.24 billion, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. 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, Inc. has a 12-month low of $53.61 and a 12-month high of $66.88.

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Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.35. The firm had revenue of $13.62 billion for 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 business's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 earnings per share. As a group, equities research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.50 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.00 annualized dividend and a yield of 3.35%. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on TSN. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Citigroup cut their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research report on Friday, January 31st. UBS Group started coverage on Tyson Foods in a research report on Friday, January 10th. They issued a "neutral" rating and a $62.00 price objective on the stock. Piper Sandler raised shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 target price for the company in a research note on Tuesday, February 4th. Finally, Hsbc Global Res raised Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $61.10.

Tyson Foods Company 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.