Tyson Foods, Inc. (NYSE:TSN) Shares Acquired by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its holdings in Tyson Foods, Inc. (NYSE:TSN) by 46.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 27,093 shares of the company’s stock after buying an additional 8,559 shares during the period. Mizuho Securities USA LLC’s holdings in Tyson Foods were worth $1,556,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. State Street Corp boosted its position in Tyson Foods by 6.9% during the 3rd quarter. State Street Corp now owns 13,304,869 shares of the company’s stock worth $792,438,000 after purchasing an additional 859,351 shares during the period. Geode Capital Management LLC grew its stake in shares of Tyson Foods by 1.3% in the third quarter. Geode Capital Management LLC now owns 6,815,571 shares of the company’s stock valued at $404,559,000 after buying an additional 87,054 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Tyson Foods by 14.8% during the 4th quarter. Bank of New York Mellon Corp now owns 3,315,701 shares of the company’s stock valued at $190,454,000 after buying an additional 427,582 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Tyson Foods by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,456,740 shares of the company’s stock worth $141,115,000 after acquiring an additional 98,799 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in Tyson Foods by 44.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,140,309 shares of the company’s stock worth $67,917,000 after acquiring an additional 352,863 shares during the period. Institutional investors and hedge funds own 67.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TSN shares. UBS Group started coverage on shares of Tyson Foods in a research note on Friday, January 10th. They issued a “neutral” rating and a $62.00 target price for the company. Hsbc Global Res raised Tyson Foods from a “moderate sell” rating to a “hold” rating in a research report on Monday, February 3rd. Barclays reduced their price target on Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Citigroup cut their target price on Tyson Foods from $63.00 to $61.00 and set a “neutral” rating on the stock in a research report on Friday, January 31st. Finally, Piper Sandler raised shares of Tyson Foods from an “underweight” rating to a “neutral” rating and set a $58.00 price target for the company in a research report on Tuesday, February 4th. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $61.10.

Tyson Foods Trading Down 0.7 %

NYSE:TSN opened at $59.93 on Wednesday. Tyson Foods, Inc. has a 12-month low of $53.61 and a 12-month high of $66.88. The firm has a market capitalization of $21.35 billion, a P/E ratio of 20.25, a P/E/G ratio of 0.74 and a beta of 0.72. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.11 and a quick ratio of 1.04. The business has a 50 day simple moving average of $58.74 and a 200 day simple moving average of $59.62.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, February 3rd. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.35. Tyson Foods had a return on equity of 6.87% and a net margin of 1.96%. The company had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.46 billion. During the same quarter in the previous year, the company posted $0.69 earnings per share. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. Equities research analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date is Friday, May 30th. Tyson Foods’s dividend payout ratio is currently 67.57%.

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.