Kingswood Wealth Advisors LLC Has $539,000 Holdings in Tyson Foods, Inc. (NYSE:TSN)

Kingswood Wealth Advisors LLC decreased its position in Tyson Foods, Inc. (NYSE:TSN) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,037 shares of the company’s stock after selling 483 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Tyson Foods were worth $539,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Wetherby Asset Management Inc. lifted its stake in shares of Tyson Foods by 5.1% in the 1st quarter. Wetherby Asset Management Inc. now owns 4,031 shares of the company’s stock valued at $361,000 after purchasing an additional 196 shares during the period. Massmutual Trust Co. FSB ADV lifted its stake in Tyson Foods by 47.4% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 647 shares of the company’s stock valued at $35,000 after buying an additional 208 shares during the period. Unison Advisors LLC boosted its holdings in shares of Tyson Foods by 0.9% during the 3rd quarter. Unison Advisors LLC now owns 24,749 shares of the company’s stock worth $1,250,000 after buying an additional 230 shares in the last quarter. Caprock Group LLC grew its position in shares of Tyson Foods by 2.7% during the 3rd quarter. Caprock Group LLC now owns 9,305 shares of the company’s stock worth $470,000 after buying an additional 248 shares during the period. Finally, Arete Wealth Advisors LLC grew its position in shares of Tyson Foods by 3.7% during the 3rd quarter. Arete Wealth Advisors LLC now owns 6,999 shares of the company’s stock worth $353,000 after buying an additional 250 shares during the period. Institutional investors own 67.00% of the company’s stock.

Insider Buying and Selling

In other news, Director Noel W. White sold 9,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $53.75, for a total value of $483,750.00. Following the transaction, the director now owns 31,115 shares in the company, valued at approximately $1,672,431.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.05% of the stock is owned by corporate insiders.

Tyson Foods Stock Up 1.1 %

Shares of TSN opened at $58.81 on Thursday. Tyson Foods, Inc. has a 52 week low of $44.94 and a 52 week high of $63.28. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.49 and a quick ratio of 0.67. The stock has a 50 day moving average price of $54.61 and a two-hundred day moving average price of $51.62.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.28. Tyson Foods had a positive return on equity of 2.23% and a negative net margin of 1.62%. The business had revenue of $13.32 billion during the quarter, compared to the consensus estimate of $13.34 billion. During the same quarter in the prior year, the company posted $0.85 earnings per share. Tyson Foods’s revenue was up .4% compared to the same quarter last year. On average, analysts forecast that Tyson Foods, Inc. will post 2.35 earnings per share for the current year.

Tyson Foods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Friday, May 31st will be given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date is Friday, May 31st. Tyson Foods’s payout ratio is currently -79.35%.

Analyst Ratings Changes

TSN has been the topic of several research analyst reports. Piper Sandler increased their target price on shares of Tyson Foods from $44.00 to $48.00 and gave the stock a “neutral” rating in a research note on Friday, January 26th. BMO Capital Markets increased their price objective on shares of Tyson Foods from $52.00 to $55.00 and gave the stock a “market perform” rating in a research report on Tuesday, February 6th. Citigroup began coverage on Tyson Foods in a research note on Thursday, February 1st. They issued a “neutral” rating and a $56.00 target price for the company. Barclays upped their price target on Tyson Foods from $50.00 to $53.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 6th. Finally, JPMorgan Chase & Co. raised their price objective on Tyson Foods from $51.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, February 1st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $57.60.

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.