Schroder Investment Management Group Decreases Holdings in Tyson Foods, Inc. (NYSE:TSN)

Schroder Investment Management Group trimmed its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 50.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 13,851 shares of the company's stock after selling 14,121 shares during the quarter. Schroder Investment Management Group's holdings in Tyson Foods were worth $791,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Norges Bank bought a new position in shares of Tyson Foods during the fourth quarter valued at $175,086,000. Arrowstreet Capital Limited Partnership lifted its holdings in Tyson Foods by 83.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,211,722 shares of the company's stock worth $69,601,000 after acquiring an additional 551,530 shares during the period. Barclays PLC boosted its stake in Tyson Foods by 66.1% in the third quarter. Barclays PLC now owns 1,122,285 shares of the company's stock valued at $66,841,000 after acquiring an additional 446,648 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Tyson Foods by 14.8% during the 4th quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company's stock worth $190,454,000 after acquiring an additional 427,582 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Tyson Foods during the 4th quarter valued at $22,059,000. Institutional investors and hedge funds own 67.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TSN. Barclays cut 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 report on Tuesday, January 21st. Stephens boosted their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 4th. Citigroup cut their target price on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research note on Friday, January 31st. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Finally, UBS Group assumed coverage on Tyson Foods in a research report on Friday, January 10th. They issued a "neutral" rating and a $62.00 price target for the company. Ten equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Tyson Foods has an average rating of "Hold" and a consensus target price of $61.10.

Tyson Foods Stock Performance

Shares of TSN stock traded up $0.36 during mid-day trading on Friday, reaching $60.49. 2,121,808 shares of the company's stock traded hands, compared to its average volume of 2,318,600. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The firm has a 50 day moving average price of $60.06 and a two-hundred day moving average price of $59.58. The firm has a market capitalization of $21.55 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11.

Tyson Foods (NYSE:TSN - Get Free Report) last released its earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.35. The company had revenue of $13.62 billion for 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 revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 EPS. On average, research analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

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 given 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 3.31%. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

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.