Universal Beteiligungs und Servicegesellschaft mbH Purchases 10,201 Shares of Tyson Foods, Inc. $TSN
by Jessica Moore · The Cerbat GemUniversal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Tyson Foods, Inc. (NYSE:TSN – Free Report) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 214,486 shares of the company’s stock after acquiring an additional 10,201 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Tyson Foods worth $12,596,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of TSN. CIBC Private Wealth Group LLC lifted its holdings in shares of Tyson Foods by 10.6% during the third quarter. CIBC Private Wealth Group LLC now owns 1,862 shares of the company’s stock valued at $101,000 after purchasing an additional 179 shares during the last quarter. Matrix Trust Co lifted its holdings in shares of Tyson Foods by 28.8% during the fourth quarter. Matrix Trust Co now owns 818 shares of the company’s stock valued at $48,000 after purchasing an additional 183 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych lifted its holdings in shares of Tyson Foods by 10.0% during the third quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,200 shares of the company’s stock valued at $119,000 after purchasing an additional 200 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in shares of Tyson Foods by 1.2% during the third quarter. Focus Partners Advisor Solutions LLC now owns 18,074 shares of the company’s stock valued at $975,000 after purchasing an additional 210 shares during the last quarter. Finally, Harbor Capital Advisors Inc. lifted its holdings in shares of Tyson Foods by 93.1% during the third quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock valued at $26,000 after purchasing an additional 228 shares during the last quarter. 67.00% of the stock is owned by institutional investors.
Analysts Set New Price Targets
TSN has been the subject of several recent research reports. Mizuho initiated coverage on shares of Tyson Foods in a report on Thursday, March 26th. They set an “outperform” rating and a $72.00 target price for the company. Piper Sandler upgraded shares of Tyson Foods from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $61.00 to $75.00 in a report on Monday, April 6th. Argus upgraded shares of Tyson Foods to a “hold” rating in a report on Friday, February 6th. BMO Capital Markets lifted their target price on shares of Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $69.00 price objective on shares of Tyson Foods in a report on Tuesday, February 3rd. Five equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $66.45.
Check Out Our Latest Stock Analysis on Tyson Foods
Tyson Foods Price Performance
Shares of NYSE TSN opened at $64.01 on Friday. Tyson Foods, Inc. has a twelve month low of $50.56 and a twelve month high of $66.41. The firm has a market cap of $22.54 billion, a P/E ratio of 114.30, a PEG ratio of 1.41 and a beta of 0.44. The company has a 50 day moving average of $63.06 and a 200 day moving average of $59.37. The company has a quick ratio of 0.66, a current ratio of 1.53 and a debt-to-equity ratio of 0.41.
Tyson Foods (NYSE:TSN – Get Free Report) last announced its quarterly earnings data on Monday, February 2nd. The company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.04). Tyson Foods had a return on equity of 7.67% and a net margin of 0.36%.The firm had revenue of $14.31 billion during the quarter, compared to analysts’ expectations of $14.11 billion. During the same quarter in the previous year, the firm earned $1.14 earnings per share. Tyson Foods’s revenue was up 5.1% on a year-over-year basis. As a group, research analysts expect that Tyson Foods, Inc. will post 3.95 EPS for the current fiscal year.
Tyson Foods Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Monday, June 1st. Tyson Foods’s payout ratio is presently 364.29%.
About Tyson Foods
Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.
The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.
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