Natixis Advisors L.P. Lowers Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Natixis Advisors L.P. reduced its position in Tyson Foods, Inc. (NYSE:TSN) by 9.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,808 shares of the company’s stock after selling 11,720 shares during the quarter. Natixis Advisors L.P.’s holdings in Tyson Foods were worth $6,224,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC grew its position in shares of Tyson Foods by 18.6% during the 4th quarter. Fisher Asset Management LLC now owns 48,507 shares of the company’s stock valued at $2,607,000 after purchasing an additional 7,623 shares in the last quarter. Triumph Capital Management grew its position in Tyson Foods by 30.0% during the fourth quarter. Triumph Capital Management now owns 30,194 shares of the company’s stock worth $1,623,000 after buying an additional 6,963 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in Tyson Foods by 1.4% in the 4th quarter. Hexagon Capital Partners LLC now owns 41,774 shares of the company’s stock worth $2,245,000 after acquiring an additional 560 shares during the last quarter. Mach 1 Financial Group LLC purchased a new stake in shares of Tyson Foods in the 4th quarter valued at about $263,000. Finally, Gibraltar Capital Management Inc. boosted its position in shares of Tyson Foods by 8.9% during the 4th quarter. Gibraltar Capital Management Inc. now owns 14,059 shares of the company’s stock valued at $756,000 after acquiring an additional 1,148 shares during the last quarter. Institutional investors own 67.00% of the company’s stock.

Insiders Place Their Bets

In related news, Director Noel W. White sold 9,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $53.75, for a total transaction of $483,750.00. Following the sale, the director now owns 31,115 shares of the company’s stock, valued at $1,672,431.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TSN. StockNews.com raised shares of Tyson Foods from a “sell” rating to a “hold” rating in a research note on Monday, January 22nd. HSBC raised their price objective on shares of Tyson Foods from $48.00 to $51.00 and gave the company a “reduce” rating in a research report on Tuesday. Piper Sandler upped their target price on shares of Tyson Foods from $55.00 to $57.00 and gave the stock a “neutral” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on Tyson Foods from $58.00 to $59.00 in a research report on Monday. Finally, Stephens reiterated an “overweight” rating and issued a $70.00 price objective on shares of Tyson Foods in a report on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.22.

Tyson Foods Stock Up 0.9 %

Shares of Tyson Foods stock opened at $59.65 on Friday. The company’s fifty day simple moving average is $58.00 and its two-hundred day simple moving average is $53.66. Tyson Foods, Inc. has a 12-month low of $44.94 and a 12-month high of $62.04. The company has a current ratio of 1.49, a quick ratio of 0.67 and a debt-to-equity ratio of 0.46. The company has a market cap of $21.26 billion, a P/E ratio of -24.15, a PEG ratio of 0.49 and a beta of 0.74.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, May 6th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.23. The company had revenue of $13.07 billion during the quarter, compared to the consensus estimate of $13.16 billion. Tyson Foods had a negative net margin of 1.62% and a positive return on equity of 2.23%. Tyson Foods’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) earnings per share. Research analysts anticipate that Tyson Foods, Inc. will post 2.33 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 3.29%. Tyson Foods’s dividend payout ratio is presently -79.35%.

Tyson Foods 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.