Lion Street Advisors LLC Grows Stake in Tyson Foods, Inc. (NYSE:TSN)

Lion Street Advisors LLC grew its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 53.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,701 shares of the company’s stock after purchasing an additional 4,775 shares during the period. Lion Street Advisors LLC’s holdings in Tyson Foods were worth $787,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Catalyst Capital Advisors LLC boosted its holdings in Tyson Foods by 56.1% in the third quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock worth $35,000 after acquiring an additional 210 shares in the last quarter. Brooklyn Investment Group boosted its stake in Tyson Foods by 2,478.3% in the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock worth $34,000 after purchasing an additional 570 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in Tyson Foods during the 3rd quarter worth approximately $36,000. ST Germain D J Co. Inc. acquired a new position in Tyson Foods during the 4th quarter valued at approximately $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Tyson Foods by 301.6% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock worth $44,000 after buying an additional 561 shares during the last quarter. 67.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Tyson Foods news, Chairman John H. Tyson sold 185,394 shares of Tyson Foods stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the sale, the chairman now owns 3,003,374 shares of the company’s stock, valued at $191,525,159.98. The trade was a 5.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Wes Morris sold 22,783 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $62.71, for a total transaction of $1,428,721.93. Following the completion of the sale, the insider now owns 15,937 shares of the company’s stock, valued at $999,409.27. This trade represents a 58.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 414,814 shares of company stock worth $26,450,955. Insiders own 2.03% of the company’s stock.

Tyson Foods Stock Performance

NYSE TSN opened at $57.03 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 0.95 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a twelve month low of $51.16 and a twelve month high of $66.88. The stock has a 50-day moving average of $58.56 and a 200 day moving average of $60.28. The stock has a market capitalization of $20.29 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 0.85 and a beta of 0.80.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, February 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.35. The firm had revenue of $13.62 billion for the quarter, compared to analyst estimates of $13.46 billion. Tyson Foods had a return on equity of 6.03% and a net margin of 1.50%. The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.69 EPS. Sell-side analysts anticipate that Tyson Foods, Inc. will post 3.52 EPS for the current fiscal year.

Tyson Foods Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.49. This represents a $2.00 dividend on an annualized basis and a yield of 3.51%. Tyson Foods’s dividend payout ratio (DPR) is currently 88.89%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TSN shares. Stephens raised their target price on Tyson Foods from $60.00 to $63.00 and gave the stock an “equal weight” rating in a research note on Tuesday. 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. BMO Capital Markets increased their price target on shares of Tyson Foods from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, November 13th. HSBC raised shares of Tyson Foods from a “reduce” rating to a “hold” rating in a report on Monday. Finally, UBS Group started coverage on shares of Tyson Foods in a report on Friday, January 10th. They set a “neutral” rating and a $62.00 target price for the company. Ten analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Tyson Foods presently has a consensus rating of “Hold” and a consensus price target of $61.10.

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.