West Family Investments Inc. Acquires Shares of 5,862 Tyson Foods, Inc. (NYSE:TSN)

West Family Investments Inc. purchased a new position in Tyson Foods, Inc. (NYSE:TSN) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,862 shares of the company’s stock, valued at approximately $337,000.

A number of other large investors also recently modified their holdings of the business. Crossmark Global Holdings Inc. increased its stake in Tyson Foods by 0.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 19,482 shares of the company’s stock valued at $1,160,000 after buying an additional 172 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in shares of Tyson Foods by 1.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock worth $643,000 after purchasing an additional 184 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Tyson Foods by 0.4% in the third quarter. PNC Financial Services Group Inc. now owns 48,829 shares of the company’s stock worth $2,908,000 after buying an additional 189 shares during the period. Naples Global Advisors LLC boosted its holdings in shares of Tyson Foods by 1.0% in the fourth quarter. Naples Global Advisors LLC now owns 19,794 shares of the company’s stock worth $1,137,000 after buying an additional 202 shares during the period. Finally, Empirical Finance LLC boosted its holdings in shares of Tyson Foods by 2.1% during the third quarter. Empirical Finance LLC now owns 9,957 shares of the company’s stock worth $593,000 after purchasing an additional 206 shares during the period. 67.00% of the stock is currently owned by institutional investors.

Tyson Foods Stock Up 1.3 %

TSN stock opened at $61.30 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. Tyson Foods, Inc. has a fifty-two week low of $53.59 and a fifty-two week high of $66.88. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 20.71, a PEG ratio of 0.74 and a beta of 0.72. The business’s fifty day moving average price is $57.74 and its two-hundred day moving average price is $60.00.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data 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 return on equity of 6.87% and a net margin of 1.96%. The business had revenue of $13.62 billion for the quarter, compared to analyst estimates of $13.46 billion. During the same period last year, the firm posted $0.69 earnings per share. Tyson Foods’s revenue was up 2.3% compared to the same quarter last year. On average, equities analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.26%. The ex-dividend date is Friday, May 30th. Tyson Foods’s payout ratio is presently 67.57%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Hsbc Global Res raised shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd. Barclays dropped 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 report on Tuesday, January 21st. BMO Capital Markets boosted their target price on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Wednesday, November 13th. HSBC upgraded shares of Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Stephens boosted their target price on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.