O Shaughnessy Asset Management LLC Purchases 70,860 Shares of Tyson Foods, Inc. (NYSE:TSN)

O Shaughnessy Asset Management LLC lifted its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 467.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,025 shares of the company's stock after acquiring an additional 70,860 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Tyson Foods were worth $4,941,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TSN. Riverview Trust Co boosted its position in shares of Tyson Foods by 3,423.1% in the 4th 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 stake 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 in the last quarter. SRS Capital Advisors Inc. boosted its holdings in shares of Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company's stock worth $36,000 after buying an additional 229 shares during the period. TCTC Holdings LLC increased its position 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 acquiring an additional 387 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in shares of Tyson Foods during the fourth quarter valued at approximately $42,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

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Tyson Foods Stock Down 2.7 %

NYSE:TSN traded down $1.62 during mid-day trading on Monday, reaching $58.19. The stock had a trading volume of 3,223,142 shares, compared to its average volume of 2,303,935. The stock has a market cap of $20.73 billion, a P/E ratio of 19.66, a PEG ratio of 0.74 and a beta of 0.62. The business's 50 day moving average is $59.77 and its 200 day moving average is $59.59. 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, Inc. has a fifty-two week low of $53.61 and a fifty-two week high of $66.88.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $13.46 billion. During the same quarter in the prior year, the business posted $0.69 EPS. Tyson Foods's quarterly revenue was up 2.3% on a year-over-year basis. As a group, sell-side analysts predict that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.44%. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

Analysts Set New Price Targets

TSN has been the subject of a number of recent analyst reports. UBS Group assumed coverage on shares of Tyson Foods in a research note on Friday, January 10th. They issued a "neutral" rating and a $62.00 price objective for the company. Citigroup lowered their price target on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Barclays reduced their price objective on 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 Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, Piper Sandler upgraded 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. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Tyson Foods currently has a consensus rating of "Hold" and an average target price of $61.10.

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.