Swiss National Bank Sells 40,300 Shares of Tyson Foods, Inc. (NYSE:TSN)

Swiss National Bank lessened its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 807,500 shares of the company's stock after selling 40,300 shares during the period. Swiss National Bank owned approximately 0.23% of Tyson Foods worth $46,383,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC increased its holdings in shares of Tyson Foods by 10.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,896 shares of the company's stock worth $109,000 after buying an additional 173 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Tyson Foods by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company's stock worth $643,000 after buying an additional 184 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Tyson Foods by 0.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company's stock valued at $2,908,000 after purchasing an additional 189 shares in the last quarter. Naples Global Advisors LLC boosted its stake in shares of Tyson Foods by 1.0% in the 4th quarter. Naples Global Advisors LLC now owns 19,794 shares of the company's stock valued at $1,137,000 after purchasing an additional 202 shares in the last quarter. Finally, Empirical Finance LLC boosted its stake in shares of Tyson Foods by 2.1% in the 3rd quarter. Empirical Finance LLC now owns 9,957 shares of the company's stock valued at $593,000 after purchasing an additional 206 shares in the last quarter. Institutional investors own 67.00% of the company's stock.

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Wall Street Analyst Weigh In

TSN has been the subject of a number of research reports. Stephens upped their price objective on shares of Tyson Foods from $60.00 to $63.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. HSBC raised shares of Tyson Foods from a "reduce" rating to a "hold" rating in a research note on Monday, February 3rd. UBS Group initiated 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 dropped their price target on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Finally, Barclays dropped their price target 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. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Tyson Foods has a consensus rating of "Hold" and a consensus target price of $61.10.

Tyson Foods Stock Down 0.6 %

Shares of Tyson Foods stock traded down $0.39 during trading on Thursday, hitting $60.40. The company's stock had a trading volume of 2,251,589 shares, compared to its average volume of 2,138,629. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 2.11. The company has a fifty day simple moving average of $58.33 and a two-hundred day simple moving average of $59.79. The company has a market capitalization of $21.52 billion, a PE ratio of 20.41, a P/E/G ratio of 0.74 and a beta of 0.72. 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 issued its quarterly earnings results on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) 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%. Tyson Foods's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period last year, the business earned $0.69 EPS. Equities research 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 issued 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 is Friday, May 30th. Tyson Foods's payout ratio 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.