O Shaughnessy Asset Management LLC Has $4.94 Million Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

O Shaughnessy Asset Management LLC increased its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 467.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,025 shares of the company’s stock after buying an additional 70,860 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Tyson Foods were worth $4,941,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of Tyson Foods by 44.8% during the third quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company’s stock worth $67,917,000 after purchasing an additional 352,863 shares in the last quarter. Handelsbanken Fonder AB raised its position in Tyson Foods by 17.2% in the 4th quarter. Handelsbanken Fonder AB now owns 4,975 shares of the company’s stock worth $286,000 after purchasing an additional 729 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in Tyson Foods by 14.0% during the 4th quarter. Sound Income Strategies LLC now owns 56,537 shares of the company’s stock worth $3,248,000 after buying an additional 6,955 shares in the last quarter. Empowered Funds LLC boosted its position in Tyson Foods by 289.9% in the 4th quarter. Empowered Funds LLC now owns 24,288 shares of the company’s stock valued at $1,395,000 after buying an additional 18,059 shares during the last quarter. Finally, Everence Capital Management Inc. acquired a new stake in shares of Tyson Foods in the 4th quarter valued at $775,000. Institutional investors own 67.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TSN. Piper Sandler raised Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price target on the stock in a research note on Tuesday, February 4th. 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. Stephens boosted their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 4th. HSBC upgraded shares of Tyson Foods from a “reduce” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, Barclays decreased their price objective on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research note on Tuesday, January 21st. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $61.10.

Tyson Foods Stock Down 0.5 %

Shares of Tyson Foods stock opened at $62.77 on Thursday. The company has a market capitalization of $22.36 billion, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 0.74 and a beta of 0.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The business has a 50-day moving average of $59.55 and a two-hundred day moving average of $59.64. Tyson Foods, Inc. has a 1 year low of $53.61 and a 1 year high of $66.88.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.79 by $0.35. The firm had revenue of $13.62 billion for the quarter, compared to the consensus estimate of $13.46 billion. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the company posted $0.69 EPS. As a group, equities analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders 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 yield of 3.19%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio (DPR) is presently 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.