CWA Asset Management Group LLC Buys 19,225 Shares of Tyson Foods, Inc. (NYSE:TSN)

CWA Asset Management Group LLC boosted its holdings in Tyson Foods, Inc. (NYSE:TSN) by 296.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,711 shares of the company’s stock after acquiring an additional 19,225 shares during the quarter. CWA Asset Management Group LLC’s holdings in Tyson Foods were worth $1,641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park Square Financial Group LLC bought a new position in Tyson Foods in the 4th quarter valued at approximately $25,000. Curat Global LLC bought a new position in Tyson Foods in the 1st quarter valued at approximately $28,000. Riverview Trust Co lifted its position in Tyson Foods by 3,423.1% in the 4th quarter. Riverview Trust Co now owns 458 shares of the company’s stock valued at $26,000 after acquiring an additional 445 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in Tyson Foods by 58.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock valued at $36,000 after buying an additional 229 shares during the last quarter. Finally, Ossiam raised its stake in Tyson Foods by 41.6% during the 4th quarter. Ossiam now owns 626 shares of the company’s stock valued at $36,000 after buying an additional 184 shares during the last quarter. 67.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Wall Street Zen lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. Citigroup boosted their target price on shares of Tyson Foods from $59.00 to $60.00 and gave the company a “neutral” rating in a research note on Tuesday, April 15th. JPMorgan Chase & Co. decreased their target price 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. Finally, Stephens decreased their target price 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. Ten equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $62.63.

Tyson Foods Trading Down 0.7%

Shares of TSN stock opened at $54.32 on Thursday. Tyson Foods, Inc. has a 52-week low of $54.01 and a 52-week high of $66.88. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 1.67. The firm has a market capitalization of $19.35 billion, a PE ratio of 21.14, a PEG ratio of 0.72 and a beta of 0.60. The stock has a fifty day simple moving average of $57.40 and a two-hundred day simple moving average of $58.53.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, May 5th. The company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.07. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The business had revenue of $13.07 billion during the quarter, compared to analyst estimates of $13.15 billion. During the same quarter in the prior year, the business posted $0.62 EPS. Tyson Foods’s revenue for the quarter was up .0% compared to the same quarter last year. On average, analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, August 29th. This represents a $2.00 dividend on an annualized basis and a yield of 3.68%. Tyson Foods’s dividend payout ratio (DPR) is presently 77.82%.

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.