GW Henssler & Associates Ltd. Purchases 289 Shares of Tyson Foods, Inc. (NYSE:TSN)

GW Henssler & Associates Ltd. increased its position in Tyson Foods, Inc. (NYSE:TSNGet Rating) by 7.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,355 shares of the company’s stock after purchasing an additional 289 shares during the period. GW Henssler & Associates Ltd.’s holdings in Tyson Foods were worth $287,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TSN. Polaris Capital Management LLC boosted its stake in Tyson Foods by 372.5% in the 2nd quarter. Polaris Capital Management LLC now owns 3,204,200 shares of the company’s stock worth $95,897,000 after purchasing an additional 2,526,087 shares in the last quarter. Vanguard Group Inc. boosted its stake in Tyson Foods by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 37,179,555 shares of the company’s stock worth $3,332,404,000 after purchasing an additional 2,239,235 shares in the last quarter. AQR Capital Management LLC raised its position in Tyson Foods by 87.7% in the 2nd quarter. AQR Capital Management LLC now owns 3,246,414 shares of the company’s stock worth $278,445,000 after buying an additional 1,517,165 shares during the last quarter. Walker Asset Management LLC raised its position in Tyson Foods by 6,100.0% in the 2nd quarter. Walker Asset Management LLC now owns 1,304,294 shares of the company’s stock worth $116,854,000 after buying an additional 1,283,257 shares during the last quarter. Finally, Invesco Ltd. raised its position in Tyson Foods by 33.3% in the 1st quarter. Invesco Ltd. now owns 3,653,878 shares of the company’s stock worth $327,497,000 after buying an additional 912,421 shares during the last quarter. Institutional investors own 66.64% of the company’s stock.

Insider Activity at Tyson Foods

In related news, insider Shane Miller sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 5th. The stock was sold at an average price of $64.44, for a total transaction of $322,200.00. Following the sale, the insider now owns 30,921 shares of the company’s stock, valued at $1,992,549.24. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. The Goldman Sachs Group decreased their target price on Tyson Foods from $111.00 to $97.00 and set a “buy” rating for the company in a research report on Monday, November 7th. Barclays lowered Tyson Foods from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $89.00 to $58.00 in a research report on Monday, November 28th. Piper Sandler decreased their target price on Tyson Foods from $79.00 to $68.00 in a research report on Thursday, October 27th. StockNews.com lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Friday, November 18th. Finally, TheStreet lowered shares of Tyson Foods from a “b-” rating to a “c+” rating in a research report on Thursday, December 22nd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Tyson Foods has an average rating of “Hold” and a consensus target price of $75.00.

Tyson Foods Stock Performance

NYSE:TSN opened at $65.24 on Wednesday. The firm has a market capitalization of $23.46 billion, a PE ratio of 7.31 and a beta of 0.70. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.77 and a current ratio of 1.81. Tyson Foods, Inc. has a fifty-two week low of $59.38 and a fifty-two week high of $100.72. The stock’s fifty day moving average is $64.28 and its 200 day moving average is $70.68.

Tyson Foods (NYSE:TSNGet Rating) last announced its quarterly earnings results on Monday, November 14th. The company reported $1.63 EPS for the quarter, missing the consensus estimate of $1.70 by ($0.07). The firm had revenue of $13.74 billion for the quarter, compared to analysts’ expectations of $13.49 billion. Tyson Foods had a net margin of 6.08% and a return on equity of 16.62%. The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.30 EPS. On average, sell-side analysts anticipate that Tyson Foods, Inc. will post 6.36 earnings per share for the current year.

Tyson Foods Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Tuesday, February 28th. This represents a $1.92 dividend on an annualized basis and a yield of 2.94%. This is an increase from Tyson Foods’s previous quarterly dividend of $0.46. Tyson Foods’s dividend payout ratio (DPR) is presently 21.52%.

About Tyson Foods

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Tyson Foods, Inc engages in the production of frozen and refrigerated food products. It operates through the following segments: Beef, Pork, Chicken, and Prepared Foods. The Beef segment includes processing live fed cattle and fabricating dressed beef carcasses into primal and sub-primal meat cuts and case-ready products.

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Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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