2 weeks Ago By ABMN Staff
JPMorgan Chase & Co. decreased its holdings in shares of Tyson Foods, Inc. ( NYSE:TSN – Free Report ) by 21.
0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 900,733 shares of the company’s stock after selling 239,576 shares during the quarter. JPMorgan Chase & Co.
’s holdings in Tyson Foods were worth $51,738,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Public Sector Pension Investment Board boosted its stake in Tyson Foods by 13.
7% during the third quarter. Public Sector Pension Investment Board now owns 12,435 shares of the company’s stock worth $741,000 after buying an additional 1,500 shares in the last quarter. Hilltop Holdings Inc.
increased its stake in Tyson Foods by 16.4% in the third quarter. Hilltop Holdings Inc.
now owns 6,224 shares of the company’s stock valued at $371,000 after acquiring an additional 876 shares during the period. Investment Management Corp of Ontario raised its position in Tyson Foods by 50.4% in the third quarter.
Investment Management Corp of Ontario now owns 9,547 shares of the company’s stock worth $569,000 after purchasing an additional 3,200 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in Tyson Foods by 4.2% during the third quarter.
Integrated Wealth Concepts LLC now owns 21,143 shares of the company’s stock worth $1,259,000 after purchasing an additional 852 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in Tyson Foods by 110.0% during the third quarter.
Quantinno Capital Management LP now owns 27,937 shares of the company’s stock valued at $1,664,000 after purchasing an additional 14,636 shares in the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.
Tyson Foods Trading Down 5.8 % TSN stock opened at $59.85 on Friday.
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 twelve month low of $53.
61 and a twelve month high of $66.88. The company has a market cap of $21.
32 billion, a P/E ratio of 20.22, a PEG ratio of 0.74 and a beta of 0.
62. The business has a fifty day moving average of $59.77 and a 200-day moving average of $59.
63. Tyson Foods Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be paid a $0.
50 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $2.
00 dividend on an annualized basis and a yield of 3.34%. Tyson Foods’s payout ratio is presently 67.
57%. Analyst Ratings Changes Several research firms recently commented on TSN. Barclays cut their target price on Tyson Foods from $76.
00 to $75.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. 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. Hsbc Global Res upgraded shares of Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd.
UBS Group began coverage on shares of Tyson Foods in a research report on Friday, January 10th. They issued a “neutral” rating and a $62.00 price target on the stock.
Finally, Citigroup cut their target price on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research note on Friday, January 31st.
Ten equities 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, the company has an average rating of “Hold” and a consensus price target of $61.
10. View Our Latest Report on TSN About Tyson Foods ( 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. See Also 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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