Deprince Race & Zollo Inc. Has $29.13 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Deprince Race & Zollo Inc. lifted its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 509,872 shares of the company's stock after buying an additional 19,128 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.14% of Tyson Foods worth $29,134,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Financial Corp IN acquired a new stake in shares of Tyson Foods during the first quarter valued at about $35,000. Pittenger & Anderson Inc. purchased a new stake in Tyson Foods in the 1st quarter valued at $42,000. Lindbrook Capital LLC grew its stake in shares of Tyson Foods by 42.0% during the 1st quarter. Lindbrook Capital LLC now owns 724 shares of the company's stock worth $43,000 after purchasing an additional 214 shares during the period. Mather Group LLC. acquired a new stake in Tyson Foods in the 1st quarter valued at about $49,000. Finally, Hantz Financial Services Inc. purchased a new position in shares of Tyson Foods during the 2nd quarter worth about $54,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TSN. BMO Capital Markets raised their price objective on Tyson Foods from $58.00 to $60.00 and gave the company a "market perform" rating in a research note on Tuesday, August 6th. StockNews.com raised shares of Tyson Foods from a "hold" rating to a "buy" rating in a report on Tuesday, August 6th. Bank of America decreased their price target on shares of Tyson Foods from $62.00 to $60.00 and set a "neutral" rating for the company in a report on Wednesday, July 10th. Barclays boosted their target price on shares of Tyson Foods from $72.00 to $76.00 and gave the company an "overweight" rating in a research note on Monday, September 9th. Finally, Piper Sandler lowered shares of Tyson Foods from a "neutral" rating to an "underweight" rating and reduced their target price for the company from $57.00 to $50.00 in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Tyson Foods presently has a consensus rating of "Hold" and a consensus price target of $60.67.

Tyson Foods Trading Up 2.3 %

Tyson Foods stock traded up $1.36 during trading hours on Thursday, hitting $59.32. The company had a trading volume of 1,921,893 shares, compared to its average volume of 2,542,059. The company has a quick ratio of 0.95, a current ratio of 1.82 and a debt-to-equity ratio of 0.53. The firm's fifty day moving average is $62.08 and its 200-day moving average is $59.48. Tyson Foods, Inc. has a fifty-two week low of $44.94 and a fifty-two week high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.22. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The company had revenue of $13.35 billion during the quarter, compared to analyst estimates of $13.21 billion. During the same period in the previous year, the company earned $0.15 earnings per share. The company's quarterly revenue was up 1.6% compared to the same quarter last year. Research analysts anticipate that Tyson Foods, Inc. will post 2.82 EPS for the current year.

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Friday, November 29th. Tyson Foods's payout ratio is -110.11%.

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.