Stone House Investment Management LLC Invests $40,000 in Tyson Foods, Inc. (NYSE:TSN)

Stone House Investment Management LLC bought a new position in shares of Tyson Foods, Inc. (NYSE:TSN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 750 shares of the company’s stock, valued at approximately $40,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Tyson Foods by 7.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 117,081 shares of the company’s stock worth $6,293,000 after buying an additional 7,921 shares during the last quarter. LifePlan Financial LLC bought a new stake in shares of Tyson Foods during the 4th quarter worth $363,000. Invesco LLC bought a new stake in shares of Tyson Foods during the 4th quarter worth $208,000. Strs Ohio lifted its position in shares of Tyson Foods by 30.0% during the 4th quarter. Strs Ohio now owns 390,000 shares of the company’s stock worth $20,962,000 after buying an additional 90,000 shares during the last quarter. Finally, Lecap Asset Management Ltd. bought a new stake in shares of Tyson Foods during the 4th quarter worth $631,000. 67.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Tyson Foods from a “sell” rating to a “hold” rating in a research report on Monday, January 22nd. The Goldman Sachs Group lifted their target price on Tyson Foods from $49.00 to $54.00 and gave the company a “neutral” rating in a research report on Wednesday. Barclays upgraded Tyson Foods from an “underweight” rating to an “overweight” rating and lifted their price target for the stock from $53.00 to $69.00 in a report on Tuesday. BMO Capital Markets lifted their price target on Tyson Foods from $52.00 to $55.00 and gave the company a “market perform” rating in a research report on Tuesday, February 6th. Finally, Stephens restated an “overweight” rating and set a $70.00 target price on shares of Tyson Foods in a research report on Tuesday, February 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $58.80.

Tyson Foods Price Performance

Shares of Tyson Foods stock traded up $0.28 during trading on Wednesday, reaching $58.43. 947,622 shares of the stock traded hands, compared to its average volume of 2,883,079. The company has a market capitalization of $20.82 billion, a price-to-earnings ratio of -23.62, a P/E/G ratio of 0.46 and a beta of 0.77. The business has a fifty day simple moving average of $55.78 and a two-hundred day simple moving average of $52.28. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.49 and a quick ratio of 0.67. Tyson Foods, Inc. has a 52-week low of $44.94 and a 52-week high of $63.28.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, February 5th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.28. The firm had revenue of $13.32 billion during the quarter, compared to analyst estimates of $13.34 billion. Tyson Foods had a positive return on equity of 2.23% and a negative net margin of 1.62%. The business’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share. Sell-side analysts expect that Tyson Foods, Inc. will post 2.33 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be given a $0.49 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $1.96 annualized dividend and a yield of 3.35%. Tyson Foods’s dividend payout ratio is currently -79.35%.

Insider Buying and Selling

In other news, Director Noel W. White sold 9,000 shares of Tyson Foods stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $53.75, for a total transaction of $483,750.00. Following the completion of 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 accessible through this hyperlink. 2.05% of the stock is currently owned by company insiders.

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.