Shares of Tyson Foods Inc. (NYSE:TSN) reached a new 52-week high on Monday . The company traded as high as $74.31 and last traded at $74.15, with a volume of 978,748 shares trading hands. The stock had previously closed at $73.60.

A number of analysts recently commented on TSN shares. Jefferies Group reaffirmed a “buy” rating and issued a $78.00 price target (up previously from $70.00) on shares of Tyson Foods in a research note on Tuesday, May 3rd. Zacks Investment Research raised Tyson Foods from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a research note on Wednesday, May 4th. Vetr raised Tyson Foods from a “strong sell” rating to a “buy” rating and set a $74.50 price target for the company in a research note on Monday, May 2nd. Argus started coverage on Tyson Foods in a research note on Thursday, April 21st. They issued a “buy” rating and a $80.00 price target for the company. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of Tyson Foods in a research note on Tuesday, May 10th. Seven investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $69.75.

The company has a market capitalization of $28.87 billion and a PE ratio of 20.09. The firm’s 50-day moving average is $66.86 and its 200 day moving average is $64.08.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings data on Monday, May 9th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.11. During the same quarter in the previous year, the firm earned $0.75 EPS. The business had revenue of $9.17 billion for the quarter, compared to analysts’ expectations of $9.04 billion. Tyson Foods’s revenue was down 8.1% compared to the same quarter last year. Analysts anticipate that Tyson Foods Inc. will post $4.33 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 15th. Shareholders of record on Thursday, September 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Tuesday, August 30th.

Several large investors have recently modified their holdings of TSN. Advisors Asset Management Inc. boosted its stake in shares of Tyson Foods by 5.1% in the fourth quarter. Advisors Asset Management Inc. now owns 54,141 shares of the company’s stock valued at $2,887,000 after buying an additional 2,613 shares in the last quarter. Jennison Associates purchased a new stake in shares of Tyson Foods during the third quarter valued at $2,978,000. Affinity Investment Advisors LLC boosted its stake in shares of Tyson Foods by 11.8% in the fourth quarter. Affinity Investment Advisors LLC now owns 218,961 shares of the company’s stock valued at $11,677,000 after buying an additional 23,078 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Tyson Foods by 15.1% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 52,764 shares of the company’s stock valued at $2,814,000 after buying an additional 6,909 shares in the last quarter. Finally, OppenheimerFunds Inc. boosted its stake in shares of Tyson Foods by 25.9% in the fourth quarter. OppenheimerFunds Inc. now owns 303,051 shares of the company’s stock valued at $16,181,000 after buying an additional 62,411 shares in the last quarter.

Tyson Foods, Inc, is a food production company. The Company’s operations are conducted in five segments: Chicken, Beef, Pork, Prepared Foods and International. Chicken, includes domestic operations related of raising and processing live chickens into fresh, frozen and value-added chicken products, and sales of allied products.

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