Lion Street Advisors LLC Increases Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Lion Street Advisors LLC increased its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 53.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,701 shares of the company's stock after acquiring an additional 4,775 shares during the period. Lion Street Advisors LLC's holdings in Tyson Foods were worth $787,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Sanctuary Advisors LLC acquired a new position in Tyson Foods during the second quarter worth $1,284,000. Czech National Bank boosted its stake in shares of Tyson Foods by 6.8% during the 3rd quarter. Czech National Bank now owns 58,224 shares of the company's stock worth $3,468,000 after buying an additional 3,717 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Tyson Foods by 24.8% in the 3rd quarter. GAMMA Investing LLC now owns 6,596 shares of the company's stock valued at $393,000 after acquiring an additional 1,311 shares in the last quarter. Mather Group LLC. increased its position in shares of Tyson Foods by 46.5% in the third quarter. Mather Group LLC. now owns 2,300 shares of the company's stock valued at $137,000 after acquiring an additional 730 shares during the last quarter. Finally, Sage Capital Advisors llc increased its position in shares of Tyson Foods by 0.9% in the third quarter. Sage Capital Advisors llc now owns 102,626 shares of the company's stock valued at $6,112,000 after acquiring an additional 917 shares during the last quarter. 67.00% of the stock is owned by institutional investors.

Analyst Ratings Changes

TSN has been the topic of a number of research analyst reports. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. 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 research report on Tuesday. Barclays dropped their price target on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Bank of America decreased their price objective on shares of Tyson Foods from $65.00 to $62.00 and set a "neutral" rating on the stock in a report on Tuesday, October 15th. Finally, Hsbc Global Res raised shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $61.10.

Insiders Place Their Bets

In related news, insider Wes Morris sold 25,080 shares of Tyson Foods stock in a transaction on Monday, November 18th. The shares were sold at an average price of $64.71, for a total transaction of $1,622,926.80. Following the completion of the transaction, the insider now owns 10,625 shares of the company's stock, valued at $687,543.75. This trade represents a 70.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman John H. Tyson sold 185,394 shares of the firm's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $63.77, for a total value of $11,822,575.38. Following the sale, the chairman now directly owns 3,003,374 shares of the company's stock, valued at $191,525,159.98. This represents a 5.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 414,814 shares of company stock valued at $26,450,955 in the last ninety days. 2.03% of the stock is currently owned by insiders.

Tyson Foods Price Performance

Shares of TSN traded up $0.55 during midday trading on Friday, hitting $57.97. The company's stock had a trading volume of 1,660,786 shares, compared to its average volume of 2,324,631. The company's fifty day simple moving average is $58.14 and its two-hundred day simple moving average is $60.23. The stock has a market capitalization of $20.65 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80. The company has a quick ratio of 0.95, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a one year low of $51.16 and a one year high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last released 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 analysts' expectations 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 prior year, the company earned $0.69 EPS. As a group, equities analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.45%. 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.