Brown Advisory Inc. Sells 239 Shares of Tyson Foods, Inc. (NYSE:TSN)

Brown Advisory Inc. reduced its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 4.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,898 shares of the company’s stock after selling 239 shares during the period. Brown Advisory Inc.’s holdings in Tyson Foods were worth $313,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. TD Private Client Wealth LLC grew its stake in shares of Tyson Foods by 30.3% in the first quarter. TD Private Client Wealth LLC now owns 6,053 shares of the company’s stock worth $386,000 after acquiring an additional 1,409 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Tyson Foods by 68.8% in the first quarter. Envestnet Asset Management Inc. now owns 458,153 shares of the company’s stock worth $29,235,000 after buying an additional 186,701 shares in the last quarter. World Investment Advisors lifted its holdings in shares of Tyson Foods by 54.2% in the first quarter. World Investment Advisors now owns 14,861 shares of the company’s stock worth $948,000 after buying an additional 5,226 shares in the last quarter. VELA Investment Management LLC raised its stake in Tyson Foods by 45.6% during the first quarter. VELA Investment Management LLC now owns 17,678 shares of the company’s stock valued at $1,128,000 after purchasing an additional 5,537 shares in the last quarter. Finally, Catalyst Capital Advisors LLC raised its stake in Tyson Foods by 223.0% during the first quarter. Catalyst Capital Advisors LLC now owns 1,053 shares of the company’s stock valued at $67,000 after purchasing an additional 727 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TSN has been the topic of a number of research analyst reports. Stephens cut their price target on shares of Tyson Foods from $63.00 to $61.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 6th. Citigroup raised their price objective on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 15th. The Goldman Sachs Group assumed coverage on Tyson Foods in a report on Monday, June 23rd. They issued a “buy” rating and a $67.00 price objective on the stock. Wall Street Zen lowered Tyson Foods from a “buy” rating to a “hold” rating in a report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a report on Tuesday, May 6th. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $63.11.

Tyson Foods Stock Performance

NYSE TSN opened at $52.74 on Wednesday. Tyson Foods, Inc. has a 1-year low of $52.71 and a 1-year high of $66.88. The company has a market cap of $18.79 billion, a P/E ratio of 20.52, a P/E/G ratio of 0.73 and a beta of 0.59. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.67 and a quick ratio of 0.69. The stock has a 50-day moving average of $55.48 and a two-hundred day moving average of $57.83.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, May 5th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The business had revenue of $13.07 billion during the quarter, compared to the consensus estimate of $13.15 billion. During the same period in the previous year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up .0% on a year-over-year basis. As a group, analysts anticipate 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, September 12th. Shareholders of record on Friday, August 29th will be paid a $0.50 dividend. The ex-dividend date is Friday, August 29th. This represents a $2.00 annualized dividend and a yield of 3.79%. Tyson Foods’s dividend payout ratio is currently 77.82%.

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.