Bontempo Ohly Capital Mgmt LLC Has $4.17 Million Stock Position in Tyson Foods, Inc. (NYSE:TSN)

Bontempo Ohly Capital Mgmt LLC lessened its holdings in Tyson Foods, Inc. (NYSE:TSN) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 72,636 shares of the company’s stock after selling 589 shares during the quarter. Tyson Foods accounts for approximately 2.0% of Bontempo Ohly Capital Mgmt LLC’s investment portfolio, making the stock its 13th biggest position. Bontempo Ohly Capital Mgmt LLC’s holdings in Tyson Foods were worth $4,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bridgefront Capital LLC grew its position in Tyson Foods by 85.4% in the fourth quarter. Bridgefront Capital LLC now owns 8,460 shares of the company’s stock valued at $486,000 after acquiring an additional 3,896 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Tyson Foods by 21.4% in the 4th quarter. Captrust Financial Advisors now owns 10,733 shares of the company’s stock valued at $617,000 after purchasing an additional 1,895 shares in the last quarter. Caxton Associates LP bought a new stake in shares of Tyson Foods during the 4th quarter valued at approximately $391,000. Baird Financial Group Inc. increased its position in Tyson Foods by 124.3% during the 4th quarter. Baird Financial Group Inc. now owns 4,663 shares of the company’s stock worth $268,000 after purchasing an additional 2,584 shares in the last quarter. Finally, DoubleLine ETF Adviser LP lifted its stake in Tyson Foods by 2.3% in the 4th quarter. DoubleLine ETF Adviser LP now owns 16,448 shares of the company’s stock valued at $945,000 after purchasing an additional 376 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

Shares of TSN opened at $56.25 on Tuesday. The company has a current ratio of 2.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The firm’s fifty day simple moving average is $60.76 and its two-hundred day simple moving average is $59.75. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88. The stock has a market capitalization of $20.04 billion, a P/E ratio of 19.00, a price-to-earnings-growth ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company had revenue of $13.07 billion for the quarter, compared to analyst estimates of $13.15 billion. During the same quarter in the prior year, the company earned $0.62 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. As a group, analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

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 paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.56%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio is presently 67.57%.

Analyst Ratings Changes

TSN has been the subject of several research analyst reports. Barclays lowered 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. HSBC raised Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday, February 3rd. Stephens boosted their price target on Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Citigroup raised their price objective on shares of Tyson Foods from $59.00 to $60.00 and gave the company a “neutral” rating in a report on Tuesday, April 15th. Finally, UBS Group assumed coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price on the stock. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $61.78.

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.