Waterloo Capital L.P. Boosts Position in Tyson Foods, Inc. (NYSE:TSN)

Waterloo Capital L.P. raised its stake in Tyson Foods, Inc. (NYSE:TSN) by 8.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,898 shares of the company’s stock after buying an additional 2,460 shares during the period. Waterloo Capital L.P.’s holdings in Tyson Foods were worth $1,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in Tyson Foods by 10.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,896 shares of the company’s stock worth $109,000 after buying an additional 173 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Tyson Foods by 1.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 10,800 shares of the company’s stock worth $643,000 after acquiring an additional 184 shares during the period. Naples Global Advisors LLC boosted its position in Tyson Foods by 1.0% in the fourth quarter. Naples Global Advisors LLC now owns 19,794 shares of the company’s stock valued at $1,137,000 after buying an additional 202 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Tyson Foods by 1.1% in the fourth quarter. Crossmark Global Holdings Inc. now owns 19,692 shares of the company’s stock worth $1,131,000 after acquiring an additional 210 shares during the period. Finally, Unison Advisors LLC raised its holdings in shares of Tyson Foods by 0.8% during the fourth quarter. Unison Advisors LLC now owns 25,977 shares of the company’s stock worth $1,492,000 after purchasing an additional 210 shares during the last quarter. 67.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on TSN. UBS Group initiated coverage on shares of Tyson Foods in a report on Friday, January 10th. They issued a “neutral” rating and a $62.00 price target on the stock. HSBC upgraded Tyson Foods from a “reduce” rating to a “hold” rating in a research note on Monday, February 3rd. Hsbc Global Res raised Tyson Foods from a “moderate sell” rating to a “hold” rating in a report on Monday, February 3rd. Citigroup dropped their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Finally, Stephens lifted their target price on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a report on Tuesday, February 4th. Ten 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, Tyson Foods currently has an average rating of “Hold” and an average price target of $61.10.

Tyson Foods Stock Down 5.8 %

TSN opened at $59.85 on Monday. The company has a market cap of $21.32 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. Tyson Foods, Inc. has a twelve month low of $53.61 and a twelve month high of $66.88. The company has a 50-day moving average price of $59.77 and a 200 day moving average price of $59.62. 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 (NYSE:TSN) last announced its earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.35. The business had revenue of $13.62 billion during the quarter, compared to analysts’ expectations of $13.46 billion. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.69 earnings per share. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods’s payout ratio is 67.57%.

Tyson Foods 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.