Grantham Mayo Van Otterloo & Co. LLC Has $8.76 Million Stock Position in Tyson Foods, Inc. (NYSE:TSN)

Grantham Mayo Van Otterloo & Co. LLC lowered its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 32.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 152,536 shares of the company's stock after selling 72,139 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in Tyson Foods were worth $8,762,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TSN. Aviva PLC boosted its stake in shares of Tyson Foods by 15.4% in the fourth quarter. Aviva PLC now owns 29,357 shares of the company's stock valued at $1,686,000 after buying an additional 3,928 shares during the period. Wells Fargo & Company MN raised its holdings in Tyson Foods by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 143,872 shares of the company's stock valued at $8,264,000 after acquiring an additional 3,598 shares in the last quarter. Resona Asset Management Co. Ltd. bought a new stake in shares of Tyson Foods during the 4th quarter valued at $7,737,000. Unison Advisors LLC increased its position in shares of Tyson Foods by 0.8% in the fourth quarter. Unison Advisors LLC now owns 25,977 shares of the company's stock worth $1,492,000 after purchasing an additional 210 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in Tyson Foods in the fourth quarter valued at about $691,000. Institutional investors own 67.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Stephens increased their price objective 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. Piper Sandler upgraded 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. Hsbc Global Res upgraded shares of Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Citigroup reduced their target price on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Friday, January 31st. Finally, UBS Group assumed coverage on Tyson Foods in a report on Friday, January 10th. They set a "neutral" rating and a $62.00 price target for the company. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Tyson Foods presently has a consensus rating of "Hold" and a consensus price target of $61.10.

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Tyson Foods Price Performance

TSN stock traded up $0.24 during midday trading on Friday, reaching $60.37. 698,217 shares of the stock were exchanged, compared to its average volume of 2,311,305. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The stock has a market capitalization of $21.50 billion, a PE ratio of 20.40, a P/E/G ratio of 0.74 and a beta of 0.62. Tyson Foods, Inc. has a 52 week low of $53.61 and a 52 week high of $66.88. The company has a fifty day moving average price of $59.99 and a 200 day moving average price of $59.56.

Tyson Foods (NYSE:TSN - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.35. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company had revenue of $13.62 billion during the quarter, compared to the consensus estimate of $13.46 billion. During the same quarter in the prior year, the firm posted $0.69 earnings per share. The firm's 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 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be paid a $0.50 dividend. 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 is 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.