Usca Ria LLC Acquires 874 Shares of Tyson Foods, Inc. (TSN)

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Usca Ria LLC grew its holdings in Tyson Foods, Inc. (NYSE:TSN) by 2.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 31,683 shares of the company’s stock after buying an additional 874 shares during the quarter. Usca Ria LLC’s holdings in Tyson Foods were worth $1,886,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. RDL Financial Inc. grew its holdings in shares of Tyson Foods by 3.9% in the 2nd quarter. RDL Financial Inc. now owns 21,356 shares of the company’s stock worth $1,470,000 after purchasing an additional 795 shares during the last quarter. BDO Wealth Advisors LLC grew its holdings in shares of Tyson Foods by 7.2% in the 2nd quarter. BDO Wealth Advisors LLC now owns 11,975 shares of the company’s stock worth $824,000 after purchasing an additional 802 shares during the last quarter. BKS Advisors LLC grew its holdings in shares of Tyson Foods by 28.3% in the 3rd quarter. BKS Advisors LLC now owns 3,786 shares of the company’s stock worth $225,000 after purchasing an additional 836 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Tyson Foods by 10.0% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 9,257 shares of the company’s stock worth $637,000 after purchasing an additional 839 shares during the last quarter. Finally, Biltmore Wealth Management LLC grew its holdings in shares of Tyson Foods by 12.0% in the 3rd quarter. Biltmore Wealth Management LLC now owns 7,868 shares of the company’s stock worth $468,000 after purchasing an additional 845 shares during the last quarter. Institutional investors own 70.18% of the company’s stock.

Shares of NYSE:TSN opened at $62.07 on Wednesday. Tyson Foods, Inc. has a 12 month low of $56.79 and a 12 month high of $84.65. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.66 and a current ratio of 1.48. The stock has a market cap of $22.53 billion, a price-to-earnings ratio of 11.69, a P/E/G ratio of 0.93 and a beta of 0.17.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, August 6th. The company reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.17. Tyson Foods had a net margin of 7.17% and a return on equity of 18.84%. The firm had revenue of $10.05 billion for the quarter, compared to analyst estimates of $10.22 billion. During the same quarter in the prior year, the firm earned $1.28 EPS. The company’s revenue was up 2.0% on a year-over-year basis. Analysts expect that Tyson Foods, Inc. will post 5.92 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.93%. Tyson Foods’s dividend payout ratio is currently 22.60%.

Several equities research analysts have recently weighed in on TSN shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $75.00 target price on shares of Tyson Foods in a report on Monday, September 17th. Mizuho set a $82.00 target price on shares of Tyson Foods and gave the stock a “buy” rating in a report on Monday, September 17th. ValuEngine raised shares of Tyson Foods from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 28th. Pivotal Research reaffirmed a “sell” rating and issued a $40.00 target price on shares of Tyson Foods in a report on Monday, August 6th. Finally, Zacks Investment Research lowered shares of Tyson Foods from a “hold” rating to a “sell” rating in a report on Tuesday, July 24th. Three analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. Tyson Foods presently has an average rating of “Hold” and an average target price of $74.56.

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Tyson Foods Company Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

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

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