Cwm LLC Acquires 630 Shares of Tyson Foods, Inc. (NYSE:TSN)

Cwm LLC increased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 11.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 6,115 shares of the company’s stock after acquiring an additional 630 shares during the period. Cwm LLC’s holdings in Tyson Foods were worth $364,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. First Financial Corp IN purchased a new stake in shares of Tyson Foods during the first quarter valued at $35,000. Pittenger & Anderson Inc. bought a new stake in Tyson Foods during the 1st quarter valued at about $42,000. Mather Group LLC. purchased a new stake in Tyson Foods in the 1st quarter valued at about $49,000. Hantz Financial Services Inc. bought a new position in Tyson Foods in the 2nd quarter worth about $54,000. Finally, Northwest Investment Counselors LLC purchased a new position in shares of Tyson Foods during the first quarter worth approximately $58,000. Hedge funds and other institutional investors own 67.00% of the company’s stock.

Tyson Foods Trading Up 0.4 %

Tyson Foods stock opened at $60.01 on Monday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.95 and a current ratio of 1.82. The stock has a market cap of $21.35 billion, a PE ratio of -1,000.17, a price-to-earnings-growth ratio of 0.38 and a beta of 0.78. The stock has a 50-day moving average of $61.54 and a two-hundred day moving average of $59.71. Tyson Foods, Inc. has a one year low of $44.94 and a one year high of $66.88.

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

Tyson Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Friday, November 29th. Tyson Foods’s payout ratio is -3,266.67%.

Wall Street Analysts Forecast Growth

TSN has been the topic of several research analyst reports. Barclays increased their price objective on Tyson Foods from $72.00 to $76.00 and gave the stock an “overweight” rating in a research note on Monday, September 9th. Stephens initiated coverage on shares of Tyson Foods in a report on Thursday, October 3rd. They set an “equal weight” rating and a $57.00 target price on the stock. JPMorgan Chase & Co. increased their target price on Tyson Foods from $61.00 to $63.00 and gave the company a “neutral” rating in a research report on Tuesday, August 6th. BMO Capital Markets boosted their price target on Tyson Foods from $58.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 6th. Finally, Bank of America cut their target price on Tyson Foods from $65.00 to $62.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $59.22.

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.