National Pension Service increased its position in Tyson Foods, Inc. (NYSE:TSN) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,018 shares of the company’s stock after purchasing an additional 5,810 shares during the period. National Pension Service’s holdings in Tyson Foods were worth $22,701,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TSN. Schroder Investment Management Group lifted its holdings in shares of Tyson Foods by 8.9% in the 2nd quarter. Schroder Investment Management Group now owns 40,862 shares of the company’s stock worth $2,516,000 after purchasing an additional 3,333 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Tyson Foods by 69.7% in the 2nd quarter. Franklin Resources Inc. now owns 9,520 shares of the company’s stock worth $596,000 after purchasing an additional 3,911 shares in the last quarter. Raymond James Trust N.A. bought a new position in shares of Tyson Foods in the 2nd quarter worth $205,000. Profund Advisors LLC lifted its holdings in shares of Tyson Foods by 24.8% in the 2nd quarter. Profund Advisors LLC now owns 8,128 shares of the company’s stock worth $509,000 after purchasing an additional 1,615 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in shares of Tyson Foods by 13.5% in the 2nd quarter. New York State Common Retirement Fund now owns 853,394 shares of the company’s stock worth $53,448,000 after purchasing an additional 101,493 shares in the last quarter. Institutional investors own 71.33% of the company’s stock.

In other news, General Counsel Bebber David L. Van sold 164,348 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $83.26, for a total transaction of $13,683,614.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas P. Hayes sold 53,874 shares of the firm’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $81.63, for a total value of $4,397,734.62. The disclosure for this sale can be found here. Insiders sold a total of 397,342 shares of company stock valued at $32,702,254 over the last three months. 2.65% of the stock is currently owned by insiders.

TSN has been the topic of a number of recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $77.00 target price (up from $70.00) on shares of Tyson Foods in a report on Friday, October 6th. Morgan Stanley initiated coverage on Tyson Foods in a report on Friday, November 3rd. They issued an “equal weight” rating and a $76.00 target price on the stock. Piper Jaffray Companies initiated coverage on Tyson Foods in a report on Thursday, January 4th. They issued an “overweight” rating and a $94.00 target price on the stock. Argus upgraded Tyson Foods from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a report on Wednesday, November 15th. Finally, Zacks Investment Research upgraded Tyson Foods from a “hold” rating to a “strong-buy” rating and set a $82.00 target price on the stock in a report on Wednesday, October 4th. Eight investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $75.25.

Shares of Tyson Foods, Inc. (NYSE TSN) opened at $80.19 on Friday. The company has a market capitalization of $29,005.59, a price-to-earnings ratio of 14.85 and a beta of 0.36. Tyson Foods, Inc. has a 12-month low of $57.20 and a 12-month high of $84.65. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.55 and a quick ratio of 0.75.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, November 13th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $10.15 billion during the quarter, compared to analyst estimates of $9.93 billion. Tyson Foods had a return on equity of 19.64% and a net margin of 4.64%. Tyson Foods’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.96 EPS. equities analysts anticipate that Tyson Foods, Inc. will post 5.82 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be given a $0.30 dividend. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Wednesday, February 28th. Tyson Foods’s dividend payout ratio is presently 25.05%.

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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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