Tyson Foods, Inc. (NYSE:TSN) Shares Acquired by Altrius Capital Management Inc

Altrius Capital Management Inc increased its stake in Tyson Foods, Inc. (NYSE:TSN) by 1.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 73,848 shares of the company’s stock after purchasing an additional 892 shares during the period. Altrius Capital Management Inc’s holdings in Tyson Foods were worth $4,220,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its stake in shares of Tyson Foods by 13.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,699 shares of the company’s stock valued at $103,000 after purchasing an additional 198 shares during the period. Ridgewood Investments LLC increased its position in Tyson Foods by 0.8% in the 1st quarter. Ridgewood Investments LLC now owns 25,741 shares of the company’s stock valued at $1,512,000 after acquiring an additional 199 shares during the period. Lindbrook Capital LLC raised its stake in Tyson Foods by 42.0% during the 1st quarter. Lindbrook Capital LLC now owns 724 shares of the company’s stock valued at $43,000 after acquiring an additional 214 shares in the last quarter. Unison Advisors LLC boosted its position in Tyson Foods by 0.8% during the 2nd quarter. Unison Advisors LLC now owns 25,547 shares of the company’s stock worth $1,460,000 after acquiring an additional 214 shares during the period. Finally, Caprock Group LLC grew its stake in shares of Tyson Foods by 2.5% in the second quarter. Caprock Group LLC now owns 9,556 shares of the company’s stock worth $546,000 after purchasing an additional 235 shares in the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Up 0.0 %

TSN stock opened at $61.81 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.82 and a quick ratio of 0.95. The firm has a market cap of $21.99 billion, a PE ratio of -34.72, a P/E/G ratio of 0.43 and a beta of 0.78. Tyson Foods, Inc. has a 12 month low of $44.94 and a 12 month high of $66.88. The firm has a 50 day simple moving average of $61.89 and a 200 day simple moving average of $59.25.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, August 5th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.22. The company had revenue of $13.35 billion during the quarter, compared to the consensus estimate of $13.21 billion. Tyson Foods had a positive return on equity of 4.97% and a negative net margin of 0.01%. The company’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. Equities research analysts forecast that Tyson Foods, Inc. will post 2.82 earnings per share for the current fiscal year.

Tyson Foods Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be paid a $0.49 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.96 dividend on an annualized basis and a yield of 3.17%. Tyson Foods’s dividend payout ratio is currently -110.11%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TSN shares. JPMorgan Chase & Co. lifted their price objective on shares of Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. BMO Capital Markets boosted their price target on shares of Tyson Foods from $58.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 6th. StockNews.com upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 6th. Barclays raised their price objective on shares of Tyson Foods from $72.00 to $76.00 and gave the company an “overweight” rating in a research note on Monday, September 9th. Finally, Bank of America cut their target price on Tyson Foods from $62.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $61.44.

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.