TD Private Client Wealth LLC Cuts Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

TD Private Client Wealth LLC cut its stake in Tyson Foods, Inc. (NYSE:TSN) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,644 shares of the company’s stock after selling 320 shares during the period. TD Private Client Wealth LLC’s holdings in Tyson Foods were worth $267,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Prospera Financial Services Inc grew its position in shares of Tyson Foods by 11.7% during the third quarter. Prospera Financial Services Inc now owns 4,298 shares of the company’s stock worth $256,000 after buying an additional 451 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Tyson Foods in the 3rd quarter valued at approximately $443,000. PNC Financial Services Group Inc. increased its position in shares of Tyson Foods by 0.4% in the 3rd quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock valued at $2,908,000 after purchasing an additional 189 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Tyson Foods by 1.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,357,941 shares of the company’s stock worth $140,439,000 after purchasing an additional 39,252 shares during the last quarter. Finally, Eagle Asset Management Inc. acquired a new position in shares of Tyson Foods during the third quarter worth $3,157,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on TSN. HSBC raised Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday, February 3rd. Stephens upped their price target on Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a report on Tuesday, February 4th. UBS Group began coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 price objective on the stock. Hsbc Global Res upgraded shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a report on Monday, February 3rd. Finally, Barclays cut their price target on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Ten 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, Tyson Foods presently has an average rating of “Hold” and an average target price of $61.10.

Tyson Foods Trading Down 0.1 %

NYSE TSN opened at $60.39 on Tuesday. The firm’s fifty day moving average is $58.65 and its two-hundred day moving average is $59.66. Tyson Foods, Inc. has a one year low of $53.61 and a one year 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. The firm has a market cap of $21.51 billion, a PE ratio of 20.40, a P/E/G ratio of 0.74 and a beta of 0.72.

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

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.50 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.31%. Tyson Foods’s dividend payout ratio (DPR) is 67.57%.

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.