2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP cut its holdings in shares of Tyson Foods, Inc. ( NYSE:TSN – Free Report ) by 7.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 11,852 shares of the company’s stock after selling 954 shares during the period. DoubleLine ETF Adviser LP’s holdings in Tyson Foods were worth $677,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently bought and sold shares of TSN.
Pzena Investment Management LLC increased its stake in Tyson Foods by 79.2% during the first quarter. Pzena Investment Management LLC now owns 10,550,056 shares of the company’s stock worth $619,605,000 after purchasing an additional 4,662,332 shares during the period.
Davis Selected Advisers purchased a new stake in shares of Tyson Foods during the second quarter worth approximately $177,439,000. Capital Research Global Investors increased its stake in shares of Tyson Foods by 153.2% during the fourth quarter.
Capital Research Global Investors now owns 4,827,091 shares of the company’s stock worth $259,456,000 after buying an additional 2,920,479 shares during the period. Royal London Asset Management Ltd. increased its stake in shares of Tyson Foods by 76.
9% during the fourth quarter. Royal London Asset Management Ltd. now owns 3,369,708 shares of the company’s stock worth $181,122,000 after buying an additional 1,465,139 shares during the period.
Finally, Wellington Management Group LLP increased its stake in shares of Tyson Foods by 6.2% during the fourth quarter. Wellington Management Group LLP now owns 10,335,646 shares of the company’s stock worth $555,541,000 after buying an additional 606,518 shares during the period.
67.00% of the stock is currently owned by hedge funds and other institutional investors. Tyson Foods Price Performance TSN stock opened at $59.
32 on Friday. The company has a market capitalization of $21.11 billion, a P/E ratio of -33.
33, a PEG ratio of 0.42 and a beta of 0.78.
Tyson Foods, Inc. has a twelve month low of $44.94 and a twelve month high of $66.
88. The business has a 50 day simple moving average of $62.08 and a 200-day simple moving average of $59.
48. The company has a current ratio of 1.82, a quick ratio of 0.
95 and a debt-to-equity ratio of 0.53. Tyson Foods Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 13th.
Stockholders of record on Friday, November 29th will be issued a $0.49 dividend. This represents a $1.
96 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Friday, November 29th.
Tyson Foods’s payout ratio is currently -110.11%. Wall Street Analysts Forecast Growth A number of analysts recently weighed in on TSN shares.
BMO Capital Markets upped their target price on shares of Tyson Foods from $58.00 to $60.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 6th.
Barclays upped their target price on shares of Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th.
Piper Sandler downgraded Tyson Foods from a “neutral” rating to an “underweight” rating and lowered their price target for the company from $57.00 to $50.00 in a report on Wednesday.
JPMorgan Chase & Co. upped their price target on Tyson Foods from $61.00 to $63.
00 and gave the company a “neutral” rating in a report on Tuesday, August 6th. Finally, Bank of America lowered their price target on Tyson Foods from $62.00 to $60.
00 and set a “neutral” rating for the company in a report on Wednesday, July 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $60.
67. View Our Latest Analysis on TSN Tyson Foods Company Profile ( Free Report ) 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. Featured Stories Five stocks we like better than Tyson Foods What Investors Need to Know About Upcoming IPOs Rocket Lab Stock Soars: Should Investors Chase the Rally? What is an Earnings Surprise? KB Home Slips After Earnings: What’s Next for Homebuilders? What does consumer price index measure? Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Want to see what other hedge funds are holding TSN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyson Foods, Inc.
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