Achmea Investment Management B.V. decreased its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 22.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,638 shares of the company’s stock after selling 18,330 shares during the quarter. Achmea Investment Management B.V.’s holdings in Tyson Foods were worth $3,983,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TSN. Thrivent Financial For Lutherans raised its stake in Tyson Foods by 11.5% during the first quarter. Thrivent Financial For Lutherans now owns 11,350 shares of the company’s stock valued at $700,000 after purchasing an additional 1,170 shares in the last quarter. Mackenzie Financial Corp raised its stake in Tyson Foods by 1.7% during the first quarter. Mackenzie Financial Corp now owns 26,386 shares of the company’s stock valued at $1,628,000 after purchasing an additional 430 shares in the last quarter. Snow Capital Management LP purchased a new stake in Tyson Foods during the first quarter valued at $4,359,000. Geode Capital Management LLC raised its stake in Tyson Foods by 8.5% during the first quarter. Geode Capital Management LLC now owns 3,368,563 shares of the company’s stock valued at $207,626,000 after purchasing an additional 264,856 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its stake in Tyson Foods by 1,755.3% during the first quarter. Caisse DE Depot ET Placement DU Quebec now owns 157,700 shares of the company’s stock valued at $9,742,000 after purchasing an additional 149,200 shares in the last quarter. 71.84% of the stock is currently owned by institutional investors.

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A number of research firms recently issued reports on TSN. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $77.00 price target (up previously from $70.00) on shares of Tyson Foods in a research note on Friday, October 6th. Zacks Investment Research raised shares of Tyson Foods from a “hold” rating to a “strong-buy” rating and set a $82.00 price target on the stock in a research note on Wednesday, October 4th. Jefferies Group LLC upped their price target on shares of Tyson Foods from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Mizuho reaffirmed a “buy” rating and set a $76.00 price target on shares of Tyson Foods in a research note on Monday, October 2nd. Finally, Barclays PLC upped their price target on shares of Tyson Foods from $75.00 to $80.00 and gave the company an “overweight” rating in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $72.96.

Tyson Foods, Inc. (NYSE:TSN) traded down 0.4521% on Thursday, hitting $71.2265. 205,453 shares of the stock were exchanged. The stock’s 50 day moving average price is $67.56 and its 200 day moving average price is $63.37. Tyson Foods, Inc. has a 52-week low of $55.72 and a 52-week high of $72.36. The firm has a market cap of $26.13 billion, a PE ratio of 15.0172 and a beta of 0.28.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, August 7th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.18 by $0.10. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The business had revenue of $9.85 billion for the quarter, compared to analyst estimates of $9.49 billion. During the same quarter in the previous year, the firm earned $1.21 EPS. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. Equities research analysts forecast that Tyson Foods, Inc. will post $5.21 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.225 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.90 annualized dividend and a dividend yield of 1.26%. Tyson Foods’s dividend payout ratio is presently 18.95%.

In other news, CFO Dennis Leatherby sold 145,100 shares of Tyson Foods stock in a transaction on Monday, August 14th. The stock was sold at an average price of $65.97, for a total transaction of $9,572,247.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mikel A. Durham acquired 2,809 shares of Tyson Foods stock in a transaction that occurred on Monday, August 14th. The stock was bought at an average price of $65.77 per share, for a total transaction of $184,747.93. The disclosure for this purchase can be found here. 2.65% of the stock is owned by insiders.

Tyson Foods Profile

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

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

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