Qsemble Capital Management LP Has $3.71 Million Stake in Tyson Foods, Inc. $TSN

Qsemble Capital Management LP boosted its holdings in Tyson Foods, Inc. (NYSE:TSN) by 81.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,277 shares of the company’s stock after buying an additional 28,369 shares during the period. Qsemble Capital Management LP’s holdings in Tyson Foods were worth $3,709,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TSN. State Street Corp lifted its stake in shares of Tyson Foods by 0.6% in the 3rd quarter. State Street Corp now owns 14,075,676 shares of the company’s stock valued at $764,309,000 after purchasing an additional 85,282 shares during the period. Pzena Investment Management LLC boosted its holdings in Tyson Foods by 0.9% during the third quarter. Pzena Investment Management LLC now owns 13,829,526 shares of the company’s stock worth $750,943,000 after buying an additional 120,826 shares during the last quarter. Davis Selected Advisers grew its position in shares of Tyson Foods by 28.8% during the 4th quarter. Davis Selected Advisers now owns 12,827,540 shares of the company’s stock worth $751,951,000 after buying an additional 2,865,413 shares during the period. AQR Capital Management LLC grew its position in shares of Tyson Foods by 34.4% during the 3rd quarter. AQR Capital Management LLC now owns 6,726,796 shares of the company’s stock worth $363,852,000 after buying an additional 1,720,009 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Tyson Foods by 1.8% in the 3rd quarter. Invesco Ltd. now owns 5,972,015 shares of the company’s stock valued at $324,280,000 after acquiring an additional 107,884 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Price Performance

NYSE:TSN opened at $65.78 on Friday. The company has a market cap of $23.16 billion, a P/E ratio of 51.79, a P/E/G ratio of 1.35 and a beta of 0.40. Tyson Foods, Inc. has a 52-week low of $50.56 and a 52-week high of $69.48. The stock’s 50-day simple moving average is $63.77 and its 200 day simple moving average is $60.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.70 and a current ratio of 1.83.

Tyson Foods (NYSE:TSN) last released its earnings results on Monday, May 4th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.11. The business had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.63 billion. Tyson Foods had a net margin of 0.81% and a return on equity of 7.59%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the business earned $0.92 earnings per share. As a group, sell-side analysts forecast that Tyson Foods, Inc. will post 4.1 EPS for the current fiscal year.

Tyson Foods Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 1st. Tyson Foods’s dividend payout ratio (DPR) is presently 160.63%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TSN shares. BMO Capital Markets reissued an “outperform” rating on shares of Tyson Foods in a research note on Tuesday, May 5th. Stephens increased their target price on shares of Tyson Foods from $65.00 to $70.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 5th. Argus raised shares of Tyson Foods to a “hold” rating in a report on Friday, February 6th. Wall Street Zen raised Tyson Foods from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Piper Sandler reissued an “overweight” rating and issued a $80.00 target price on shares of Tyson Foods in a research note on Monday, May 4th. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Tyson Foods presently has an average rating of “Hold” and a consensus target price of $68.27.

Tyson Foods Company Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.