Paragon Capital Management Ltd Buys New Holdings in Tyson Foods, Inc. (NYSE:TSN)

Paragon Capital Management Ltd acquired a new stake in shares of Tyson Foods, Inc. (NYSE:TSN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,158 shares of the company’s stock, valued at approximately $275,000.

Other institutional investors also recently bought and sold shares of the company. FMR LLC grew its position in shares of Tyson Foods by 12.1% in the second quarter. FMR LLC now owns 3,990,894 shares of the company’s stock valued at $274,773,000 after purchasing an additional 430,422 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Tyson Foods by 1,611.9% in the 2nd quarter. Advisors Asset Management Inc. now owns 232,675 shares of the company’s stock worth $1,008,000 after purchasing an additional 219,083 shares during the period. Schroder Investment Management Group grew its position in shares of Tyson Foods by 8.8% during the second quarter. Schroder Investment Management Group now owns 50,036 shares of the company’s stock valued at $3,465,000 after purchasing an additional 4,041 shares in the last quarter. Bank of New York Mellon Corp grew its position in Tyson Foods by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 1,880,817 shares of the company’s stock worth $129,494,000 after acquiring an additional 28,750 shares in the last quarter. Finally, United Services Automobile Association lifted its stake in Tyson Foods by 7.3% in the second quarter. United Services Automobile Association now owns 328,537 shares of the company’s stock worth $22,620,000 after purchasing an additional 22,352 shares during the last quarter. 70.77% of the stock is owned by hedge funds and other institutional investors.

In other news, Director Gaurdie E. Jr. Banister bought 6,897 shares of the firm’s stock in a transaction on Thursday, December 6th. The stock was bought at an average cost of $58.01 per share, for a total transaction of $400,094.97. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Thurber sold 500 shares of Tyson Foods stock in a transaction on Monday, December 17th. The stock was sold at an average price of $54.45, for a total transaction of $27,225.00. The disclosure for this sale can be found here. Company insiders own 1.69% of the company’s stock.

A number of research analysts recently issued reports on the stock. Standpoint Research assumed coverage on shares of Tyson Foods in a research report on Tuesday, October 23rd. They set a “buy” rating and a $74.00 target price for the company. Pivotal Research reiterated a “sell” rating and set a $40.00 target price on shares of Tyson Foods in a report on Tuesday, November 13th. Mizuho reiterated a “buy” rating and issued a $78.00 price objective on shares of Tyson Foods in a research note on Wednesday, November 14th. Piper Jaffray Companies set a $72.00 target price on shares of Tyson Foods and gave the stock a “buy” rating in a report on Monday, November 26th. Finally, ValuEngine lowered shares of Tyson Foods from a “sell” rating to a “strong sell” rating in a research report on Wednesday, November 28th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $70.93.

Shares of Tyson Foods stock opened at $60.69 on Thursday. The firm has a market capitalization of $21.91 billion, a P/E ratio of 9.85, a P/E/G ratio of 0.91 and a beta of 0.49. Tyson Foods, Inc. has a one year low of $49.77 and a one year high of $77.31. The company has a current ratio of 0.85, a quick ratio of 0.34 and a debt-to-equity ratio of 0.61.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Thursday, February 7th. The company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.03. Tyson Foods had a net margin of 4.86% and a return on equity of 17.25%. The company had revenue of $10.19 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter in the previous year, the firm posted $1.81 earnings per share. Tyson Foods’s revenue for the quarter was down .4% compared to the same quarter last year. As a group, analysts forecast that Tyson Foods, Inc. will post 5.91 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.47%. Tyson Foods’s payout ratio is currently 24.35%.

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About Tyson Foods

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 live market 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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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

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