Waterloo Capital L.P. Raises Stake in Tyson Foods, Inc. (NYSE:TSN)

Waterloo Capital L.P. lifted its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 8.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 30,898 shares of the company’s stock after acquiring 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 & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in Tyson Foods by 0.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 271,452 shares of the company’s stock valued at $15,592,000 after purchasing an additional 1,483 shares during the last quarter. Wedbush Securities Inc. acquired a new position in Tyson Foods in the fourth quarter valued at approximately $279,000. Aviva PLC grew its position in Tyson Foods by 15.4% in the fourth quarter. Aviva PLC now owns 29,357 shares of the company’s stock worth $1,686,000 after acquiring an additional 3,928 shares during the period. Wells Fargo & Company MN increased its stake in Tyson Foods by 2.6% during the fourth quarter. Wells Fargo & Company MN now owns 143,872 shares of the company’s stock worth $8,264,000 after acquiring an additional 3,598 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. purchased a new stake in Tyson Foods in the fourth quarter valued at $7,737,000. Institutional investors and hedge funds own 67.00% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TSN. Barclays lowered their price target on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Stephens lifted their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. HSBC upgraded shares of Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday, February 3rd. UBS Group began coverage on shares of Tyson Foods in a report on Friday, January 10th. They issued a “neutral” rating and a $62.00 target price for the company. Finally, Citigroup decreased their price target on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Ten equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $61.10.

Tyson Foods Trading Down 5.8 %

TSN opened at $59.85 on Monday. 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 stock has a market capitalization of $21.32 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 0.74 and a beta of 0.62. The business has a fifty day moving average price of $59.77 and a 200 day moving average price of $59.62. Tyson Foods, Inc. has a 12 month low of $53.61 and a 12 month high of $66.88.

Tyson Foods (NYSE:TSN) last issued its earnings results on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.35. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.46 billion. During the same quarter last year, the company earned $0.69 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. 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. Investors of record on Friday, May 30th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.34%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio (DPR) is presently 67.57%.

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.