Versor Investments LP Purchases 8,547 Shares of Tyson Foods, Inc. (NYSE:TSN)

Versor Investments LP grew its position in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 42.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,747 shares of the company's stock after acquiring an additional 8,547 shares during the quarter. Versor Investments LP's holdings in Tyson Foods were worth $1,651,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklyn Investment Group increased its position in Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company's stock worth $34,000 after purchasing an additional 570 shares in the last quarter. Catalyst Capital Advisors LLC increased its position in shares of Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company's stock worth $35,000 after acquiring an additional 210 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new position in shares of Tyson Foods in the 3rd quarter valued at $36,000. ST Germain D J Co. Inc. acquired a new position in shares of Tyson Foods during the 4th quarter valued at $42,000. Finally, Fiduciary Advisors Inc. purchased a new stake in Tyson Foods during the 4th quarter worth $53,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Trading Up 0.7 %

Shares of Tyson Foods stock traded up $0.41 during trading on Monday, hitting $61.75. The stock had a trading volume of 2,304,722 shares, compared to its average volume of 2,509,169. Tyson Foods, Inc. has a 1 year low of $52.11 and a 1 year high of $66.88. The stock has a 50 day simple moving average of $57.43 and a 200 day simple moving average of $60.02. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $21.99 billion, a PE ratio of 20.86, a P/E/G ratio of 0.74 and a beta of 0.80.

Tyson Foods (NYSE:TSN - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.35. The firm 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 company's quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.69 EPS. On average, research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Announces Dividend

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 paid 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 yield of 3.24%. Tyson Foods's dividend payout ratio (DPR) is presently 67.57%.

Analyst Ratings Changes

Several research analysts have commented on TSN shares. Piper Sandler raised Tyson Foods from an "underweight" rating to a "neutral" rating and set a $58.00 price objective on the stock in a research report on Tuesday, February 4th. HSBC upgraded Tyson Foods from a "reduce" rating to a "hold" rating in a report on Monday, February 3rd. Citigroup decreased their target price on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Stephens raised 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 report on Tuesday, February 4th. Finally, Hsbc Global Res upgraded Tyson Foods from a "moderate sell" rating to a "hold" rating in a report on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, Tyson Foods currently has a consensus rating of "Hold" and a consensus target price 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.