Mizuho Securities USA LLC Purchases 8,559 Shares of Tyson Foods, Inc. (NYSE:TSN)

Mizuho Securities USA LLC lifted its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 46.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,093 shares of the company's stock after purchasing an additional 8,559 shares during the period. Mizuho Securities USA LLC's holdings in Tyson Foods were worth $1,556,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP grew its position in shares of Tyson Foods by 566.9% during the 4th quarter. Quantbot Technologies LP now owns 82,008 shares of the company's stock valued at $4,711,000 after acquiring an additional 69,711 shares during the period. Sciencast Management LP grew its holdings in Tyson Foods by 189.9% during the fourth quarter. Sciencast Management LP now owns 52,980 shares of the company's stock valued at $3,043,000 after purchasing an additional 34,705 shares during the period. Summit Global Investments increased its position in Tyson Foods by 41.1% in the fourth quarter. Summit Global Investments now owns 73,829 shares of the company's stock worth $4,241,000 after buying an additional 21,489 shares during the last quarter. Goodman Financial Corp raised its stake in shares of Tyson Foods by 1.7% in the fourth quarter. Goodman Financial Corp now owns 226,803 shares of the company's stock valued at $13,028,000 after buying an additional 3,717 shares during the period. Finally, Magnetar Financial LLC raised its stake in shares of Tyson Foods by 273.9% in the fourth quarter. Magnetar Financial LLC now owns 30,614 shares of the company's stock valued at $1,758,000 after buying an additional 22,426 shares during the period. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

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Tyson Foods Trading Down 0.0 %

Shares of NYSE TSN traded down $0.02 during midday trading on Friday, hitting $62.36. 1,339,514 shares of the company traded hands, compared to its average volume of 2,303,465. 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, Inc. has a 12-month low of $53.61 and a 12-month high of $66.88. The stock has a 50-day moving average price of $59.11 and a 200 day moving average price of $59.60. The firm has a market cap of $22.21 billion, a P/E ratio of 21.07, a P/E/G ratio of 0.74 and a beta of 0.72.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.35. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business had revenue of $13.62 billion during the quarter, compared to analysts' expectations of $13.46 billion. During the same quarter in the previous year, the business earned $0.69 earnings per share. The firm's quarterly revenue was up 2.3% compared to the same quarter last year. As a group, analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The firm 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. This represents a $2.00 annualized dividend and a dividend yield of 3.21%. The ex-dividend date is Friday, May 30th. Tyson Foods's dividend payout ratio is presently 67.57%.

Analyst Ratings Changes

Several analysts have recently issued reports on TSN shares. Piper Sandler raised shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target on the stock in a research report on Tuesday, February 4th. Stephens increased their target price on Tyson Foods from $60.00 to $63.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. UBS Group began coverage on Tyson Foods in a report on Friday, January 10th. They issued a "neutral" rating and a $62.00 price target for the company. Citigroup decreased their price objective 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. Finally, Hsbc Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a research note on Monday, February 3rd. Ten analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $61.10.

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.