Vanguard Group Inc. Has $2.05 Billion Stake in Tyson Foods, Inc. (NYSE:TSN)

Vanguard Group Inc. grew its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 35,714,357 shares of the company's stock after purchasing an additional 325,361 shares during the quarter. Vanguard Group Inc. owned about 10.03% of Tyson Foods worth $2,051,433,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in TSN. Citigroup Inc. increased its position in Tyson Foods by 9.3% during the 3rd quarter. Citigroup Inc. now owns 310,210 shares of the company's stock worth $18,476,000 after buying an additional 26,352 shares during the period. Cerity Partners LLC increased its position in Tyson Foods by 20.6% during the third quarter. Cerity Partners LLC now owns 19,449 shares of the company's stock worth $1,158,000 after acquiring an additional 3,320 shares during the period. Larson Financial Group LLC raised its stake in Tyson Foods by 465.3% in the 3rd quarter. Larson Financial Group LLC now owns 7,406 shares of the company's stock worth $441,000 after purchasing an additional 6,096 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Tyson Foods by 39.2% in the 3rd quarter. Daiwa Securities Group Inc. now owns 59,916 shares of the company's stock valued at $3,569,000 after purchasing an additional 16,883 shares during the period. Finally, Harvest Fund Management Co. Ltd bought a new stake in Tyson Foods in the 3rd quarter valued at about $36,000. Institutional investors own 67.00% of the company's stock.

Tyson Foods Price Performance

Shares of TSN traded up $1.55 during mid-day trading on Monday, reaching $63.92. The company had a trading volume of 474,103 shares, compared to its average volume of 2,296,394. The company has a market capitalization of $22.77 billion, a price-to-earnings ratio of 21.62, a P/E/G ratio of 0.74 and a beta of 0.72. 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's 50 day simple moving average is $59.11 and its 200 day simple moving average is $59.59. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year high of $66.88.

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

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods's dividend payout ratio is currently 67.57%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on TSN shares. Piper Sandler upgraded shares of Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price target for the company in a research report on Tuesday, February 4th. Barclays dropped their price objective on Tyson Foods from $76.00 to $75.00 and set an "overweight" rating for the company in a report on Tuesday, January 21st. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a research report on Monday, February 3rd. Hsbc Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a research report on Monday, February 3rd. Finally, Stephens upped 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 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 company's stock. According to data from MarketBeat.com, Tyson Foods presently has an average rating of "Hold" and a consensus 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.