Worldquant Millennium Advisors LLC Purchases 235,910 Shares of Tyson Foods, Inc. (NYSE:TSN)

Worldquant Millennium Advisors LLC increased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 45.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 751,895 shares of the company’s stock after acquiring an additional 235,910 shares during the period. Worldquant Millennium Advisors LLC’s holdings in Tyson Foods were worth $43,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Riverview Trust Co grew its stake in Tyson Foods by 3,423.1% in the 4th quarter. Riverview Trust Co now owns 458 shares of the company’s stock worth $26,000 after buying an additional 445 shares in the last quarter. Brooklyn Investment Group grew its stake in Tyson Foods by 2,478.3% in the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after buying an additional 570 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in Tyson Foods by 58.6% in the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after buying an additional 229 shares in the last quarter. Ossiam grew its stake in Tyson Foods by 41.6% in the 4th quarter. Ossiam now owns 626 shares of the company’s stock worth $36,000 after buying an additional 184 shares in the last quarter. Finally, TCTC Holdings LLC grew its stake in Tyson Foods by 140.7% in the 4th quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock worth $38,000 after buying an additional 387 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Stock Performance

NYSE TSN opened at $56.06 on Tuesday. The company has a 50-day simple moving average of $59.67 and a two-hundred day simple moving average of $59.53. The company has a quick ratio of 1.04, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a 12-month low of $53.61 and a 12-month high of $66.88. The firm has a market cap of $19.97 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 0.74 and a beta of 0.63.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.07. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The business had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. During the same period in the prior year, the business posted $0.62 earnings per share. The company’s revenue was up .0% on a year-over-year basis. On average, equities analysts forecast that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.57%. Tyson Foods’s dividend payout ratio is currently 77.82%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. StockNews.com cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Stephens cut their price target on shares of Tyson Foods from $63.00 to $61.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 6th. JPMorgan Chase & Co. cut their price target on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research note on Tuesday, May 6th. Hsbc Global Res raised shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research note on Monday, February 3rd. Finally, Barclays reduced their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Ten equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.63.

Tyson Foods Company Profile

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.