Signaturefd LLC Has $176,000 Holdings in Tyson Foods, Inc. (NYSE:TSN)

Signaturefd LLC grew its holdings in Tyson Foods, Inc. (NYSE:TSN) by 12.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,066 shares of the company’s stock after purchasing an additional 339 shares during the period. Signaturefd LLC’s holdings in Tyson Foods were worth $176,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSN. Riverview Trust Co raised its holdings in shares of Tyson Foods by 3,423.1% in the fourth quarter. Riverview Trust Co now owns 458 shares of the company’s stock valued at $26,000 after purchasing an additional 445 shares during the last quarter. Brooklyn Investment Group grew its stake in shares of Tyson Foods by 2,478.3% in the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after buying an additional 570 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of Tyson Foods in the third quarter valued at $36,000. SRS Capital Advisors Inc. grew its stake in shares of Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock valued at $36,000 after buying an additional 229 shares in the last quarter. Finally, ST Germain D J Co. Inc. bought a new position in shares of Tyson Foods in the fourth quarter valued at $42,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on TSN. HSBC raised shares of Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday, February 3rd. Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 target price for the company in a research note on Tuesday, February 4th. Stephens raised their target price 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. Barclays reduced their price objective 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. Finally, Hsbc Global Res raised shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Tyson Foods presently has a consensus rating of “Hold” and an average price target of $61.10.

Tyson Foods Trading Up 0.1 %

Shares of Tyson Foods stock opened at $60.46 on Friday. The firm has a 50-day moving average of $58.55 and a 200-day moving average of $59.74. The stock has a market cap of $21.53 billion, a PE ratio of 20.42, a PEG 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. 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 (NYSE:TSN) last announced its earnings results 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. The company had revenue of $13.62 billion during 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%. Tyson Foods’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. As a group, sell-side analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The business also recently declared 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. This represents a $2.00 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio (DPR) 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.