Farringdon Capital Ltd. Makes New $239,000 Investment in Tyson Foods, Inc. (NYSE:TSN)

Farringdon Capital Ltd. acquired a new position in Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 4,169 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Riverview Trust Co boosted its position in shares of 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 purchasing an additional 445 shares during the period. Brooklyn Investment Group boosted its holdings in shares of Tyson Foods by 2,478.3% in the fourth quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after buying an additional 570 shares during the period. SRS Capital Advisors Inc. increased its position in shares of Tyson Foods by 58.6% in the fourth quarter. SRS Capital Advisors Inc. now owns 620 shares of the company’s stock worth $36,000 after acquiring an additional 229 shares in the last quarter. TCTC Holdings LLC raised its holdings in shares of Tyson Foods by 140.7% during the fourth quarter. TCTC Holdings LLC now owns 662 shares of the company’s stock valued at $38,000 after acquiring an additional 387 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new stake in shares of Tyson Foods in the 4th quarter valued at approximately $42,000. 67.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Stephens boosted their target price on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Barclays reduced 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. Citigroup lifted their target price on Tyson Foods from $59.00 to $60.00 and gave the company a “neutral” rating in a research note on Tuesday, April 15th. Hsbc Global Res raised shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd. Finally, UBS Group began coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price objective on the stock. Nine research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $61.78.

Tyson Foods Stock Performance

Shares of TSN opened at $61.17 on Friday. The firm has a market cap of $21.79 billion, a price-to-earnings ratio of 20.66, a price-to-earnings-growth ratio of 0.74 and a beta of 0.62. The company’s fifty day moving average is $60.39 and its 200-day moving average is $59.63. 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.

Tyson Foods (NYSE:TSN) last posted 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 in the prior year, the business posted $0.69 earnings per share. Equities analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, May 30th. This represents a $2.00 dividend on an annualized basis and a yield of 3.27%. Tyson Foods’s payout ratio is currently 67.57%.

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.