Tyson Foods, Inc. (NYSE:TSN) Shares Purchased by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its position in Tyson Foods, Inc. (NYSE:TSN) by 158.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,475 shares of the company’s stock after purchasing an additional 37,704 shares during the period. Achmea Investment Management B.V.’s holdings in Tyson Foods were worth $3,531,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Riverview Trust Co lifted its stake in shares of Tyson Foods by 3,423.1% in the 4th 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 period. Brooklyn Investment Group increased its holdings in Tyson Foods by 2,478.3% in the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after acquiring an additional 570 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in Tyson Foods in the 3rd quarter worth $36,000. SRS Capital Advisors Inc. increased its holdings in Tyson Foods by 58.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after acquiring an additional 229 shares in the last quarter. Finally, ST Germain D J Co. Inc. purchased a new stake in Tyson Foods in the 4th quarter worth $42,000. 67.00% of the stock is currently owned by institutional investors and hedge funds.

Tyson Foods Stock Performance

Tyson Foods stock opened at $59.87 on Friday. The firm has a 50 day simple moving average of $58.04 and a 200-day simple moving average of $59.91. Tyson Foods, Inc. has a 1-year low of $53.61 and a 1-year high of $66.88. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The stock has a market cap of $21.33 billion, a price-to-earnings ratio of 20.23, a price-to-earnings-growth ratio of 0.74 and a beta of 0.72.

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

Tyson Foods Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, May 30th. This represents a $2.00 annualized dividend and a dividend yield of 3.34%. Tyson Foods’s dividend payout ratio (DPR) is 67.57%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Barclays cut their price target on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. UBS Group began coverage on shares of Tyson Foods in a report on Friday, January 10th. They issued a “neutral” rating and a $62.00 price target for the company. HSBC raised shares of Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday, February 3rd. Citigroup dropped their target price on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a report on Friday, January 31st. Finally, Stephens upped their target price on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average 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.