Natixis Advisors LLC Acquires 30,989 Shares of Tyson Foods, Inc. (NYSE:TSN)

Natixis Advisors LLC raised its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 14.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 246,640 shares of the company's stock after buying an additional 30,989 shares during the period. Natixis Advisors LLC owned about 0.07% of Tyson Foods worth $14,167,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TSN. Riverview Trust Co boosted 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 buying an additional 445 shares during the period. Brooklyn Investment Group boosted 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 buying an additional 570 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in Tyson Foods during the third quarter valued at about $36,000. SRS Capital Advisors Inc. boosted its position in Tyson Foods by 58.6% during the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock valued at $36,000 after buying an additional 229 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new stake in Tyson Foods during the fourth quarter valued at about $42,000. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have issued reports on TSN. Stephens upped their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. UBS Group assumed coverage on shares of Tyson Foods in a research note on Friday, January 10th. They set a "neutral" rating and a $62.00 price objective for the company. Barclays lowered their price objective on shares of Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a research note on Tuesday, January 21st. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research note on Monday, February 3rd. Finally, Citigroup lowered their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Tyson Foods has a consensus rating of "Hold" and a consensus price target of $61.10.

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Tyson Foods Trading Up 0.1 %

TSN stock traded up $0.04 during trading on Friday, reaching $60.46. The company had a trading volume of 5,366,416 shares, compared to its average volume of 2,150,973. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88. The company has a market cap of $21.53 billion, a P/E ratio of 20.42, a PEG ratio of 0.74 and a beta of 0.72. The business has a 50 day moving average of $58.55 and a 200 day moving average of $59.74. 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 released its quarterly earnings results 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. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The company had revenue of $13.62 billion during the quarter, compared to the consensus estimate of $13.46 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. Tyson Foods's revenue was up 2.3% on a year-over-year basis. As a group, sell-side analysts forecast that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently announced 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. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods's dividend payout ratio is 67.57%.

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.