Personal CFO Solutions LLC Trims Holdings in Tyson Foods, Inc. (NYSE:TSN)

Personal CFO Solutions LLC trimmed its position in Tyson Foods, Inc. (NYSE:TSNFree Report) by 25.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,616 shares of the company’s stock after selling 2,545 shares during the quarter. Personal CFO Solutions LLC’s holdings in Tyson Foods were worth $409,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC boosted its stake in Tyson Foods by 74.7% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 594 shares of the company’s stock worth $30,000 after purchasing an additional 254 shares during the period. Manchester Capital Management LLC boosted its stake in Tyson Foods by 501.9% in the 3rd quarter. Manchester Capital Management LLC now owns 620 shares of the company’s stock worth $31,000 after purchasing an additional 517 shares during the period. Massmutual Trust Co. FSB ADV boosted its stake in Tyson Foods by 47.4% in the 4th quarter. Massmutual Trust Co. FSB ADV now owns 647 shares of the company’s stock worth $35,000 after purchasing an additional 208 shares during the period. Montag A & Associates Inc. bought a new position in shares of Tyson Foods during the 3rd quarter valued at approximately $39,000. Finally, Stone House Investment Management LLC bought a new position in shares of Tyson Foods during the 4th quarter valued at approximately $40,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Piper Sandler increased their target price on Tyson Foods from $55.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, May 7th. Citigroup increased their target price on Tyson Foods from $57.00 to $62.00 and gave the company a “neutral” rating in a research report on Wednesday, April 3rd. BMO Capital Markets increased their target price on Tyson Foods from $55.00 to $58.00 and gave the company a “market perform” rating in a research report on Tuesday, May 7th. JPMorgan Chase & Co. increased their price target on Tyson Foods from $58.00 to $59.00 in a report on Monday, May 6th. Finally, Barclays upgraded Tyson Foods from an “underweight” rating to an “overweight” rating and increased their price target for the company from $53.00 to $69.00 in a report on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $60.22.

Read Our Latest Research Report on Tyson Foods

Tyson Foods Stock Performance

TSN stock opened at $55.95 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.77 and a debt-to-equity ratio of 0.53. The business’s fifty day simple moving average is $59.16 and its two-hundred day simple moving average is $55.62. Tyson Foods, Inc. has a twelve month low of $44.94 and a twelve month high of $62.04. The firm has a market cap of $19.97 billion, a price-to-earnings ratio of -31.43, a PEG ratio of 0.40 and a beta of 0.75.

Tyson Foods (NYSE:TSNGet Free Report) last released its earnings results on Monday, May 6th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.23. Tyson Foods had a positive return on equity of 3.53% and a negative net margin of 1.16%. The business had revenue of $13.07 billion for the quarter, compared to analyst estimates of $13.16 billion. During the same quarter last year, the firm posted ($0.04) earnings per share. The business’s revenue was down .5% compared to the same quarter last year. Analysts predict that Tyson Foods, Inc. will post 2.58 earnings per share for the current year.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.49 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.96 annualized dividend and a dividend yield of 3.50%. Tyson Foods’s dividend payout ratio is currently -110.11%.

About Tyson Foods

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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