Natixis Purchases 14,397 Shares of Tyson Foods, Inc. (NYSE:TSN)

Natixis increased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 20.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,166 shares of the company's stock after buying an additional 14,397 shares during the quarter. Natixis' holdings in Tyson Foods were worth $4,949,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its holdings in shares of Tyson Foods by 44.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company's stock valued at $67,917,000 after purchasing an additional 352,863 shares during the period. Handelsbanken Fonder AB increased its stake in Tyson Foods by 17.2% in the 4th quarter. Handelsbanken Fonder AB now owns 4,975 shares of the company's stock valued at $286,000 after buying an additional 729 shares during the period. Sound Income Strategies LLC lifted its position in Tyson Foods by 14.0% in the 4th quarter. Sound Income Strategies LLC now owns 56,537 shares of the company's stock worth $3,248,000 after buying an additional 6,955 shares in the last quarter. Empowered Funds LLC boosted its stake in shares of Tyson Foods by 289.9% during the 4th quarter. Empowered Funds LLC now owns 24,288 shares of the company's stock valued at $1,395,000 after buying an additional 18,059 shares during the period. Finally, Everence Capital Management Inc. purchased a new position in shares of Tyson Foods during the 4th quarter valued at $775,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Tyson Foods Price Performance

NYSE TSN traded down $0.68 on Thursday, reaching $61.35. The company's stock had a trading volume of 2,124,769 shares, compared to its average volume of 2,334,801. The business has a 50-day moving average price of $60.62 and a 200 day moving average price of $59.69. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The firm has a market cap of $21.85 billion, a PE ratio of 20.73, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88.

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 for the quarter, topping the consensus estimate of $0.79 by $0.35. The company had revenue of $13.62 billion during 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 company's revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business posted $0.69 earnings per share. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.26%. Tyson Foods's payout ratio is 67.57%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group began coverage on Tyson Foods in a research report on Friday, January 10th. They issued a "neutral" rating and a $62.00 target price on the stock. Citigroup raised their price objective on shares of Tyson Foods from $59.00 to $60.00 and gave the company a "neutral" rating in a research report on Tuesday, April 15th. Hsbc Global Res raised shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Barclays lowered their price objective on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating on the stock in a report on Tuesday, January 21st. Finally, Piper Sandler upgraded shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 target price on the stock in a report on Tuesday, February 4th. Nine equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $61.78.

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.