Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Copperwynd Financial LLC

Copperwynd Financial LLC trimmed its position in Tyson Foods, Inc. (NYSE:TSN) by 3.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,133 shares of the company’s stock after selling 439 shares during the period. Copperwynd Financial LLC’s holdings in Tyson Foods were worth $639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Riverview Trust Co increased its position 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 acquiring an additional 445 shares during the period. Brooklyn Investment Group increased its position in shares of Tyson Foods by 2,478.3% in the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after acquiring an additional 570 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of Tyson Foods in the 3rd quarter valued at $36,000. SRS Capital Advisors Inc. grew its position in Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after purchasing an additional 229 shares during the period. Finally, ST Germain D J Co. Inc. acquired a new stake in Tyson Foods during the 4th quarter worth about $42,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Tyson Foods Trading Down 0.2 %

Shares of Tyson Foods stock opened at $59.87 on Friday. The firm has a market capitalization of $21.33 billion, a PE ratio of 20.23, a P/E/G ratio of 0.74 and a beta of 0.72. Tyson Foods, Inc. has a twelve month low of $53.61 and a twelve month high of $66.88. The firm’s 50-day moving average price is $58.04 and its 200 day moving average price is $59.91. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.35. The firm had revenue of $13.62 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $0.69 EPS. On average, sell-side analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal 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 3.34%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio is presently 67.57%.

Analyst Ratings Changes

Several equities research analysts have weighed in on TSN shares. Hsbc Global Res raised Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd. HSBC raised Tyson Foods from a “reduce” rating to a “hold” rating in a research report on Monday, February 3rd. Citigroup cut their price target on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Stephens increased their price target on 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, Piper Sandler upgraded Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 target price on the stock in a research report on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $61.10.

About Tyson Foods

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.