AMP Capital Investors Ltd Has $21.37 Million Holdings in Tyson Foods, Inc. (TSN)
AMP Capital Investors Ltd grew its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 14.2% during the fourth quarter, Holdings Channel reports. The fund owned 263,588 shares of the company’s stock after purchasing an additional 32,851 shares during the quarter. AMP Capital Investors Ltd’s holdings in Tyson Foods were worth $21,369,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Raymond James Financial Services Advisors Inc. boosted its holdings in Tyson Foods by 4.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,919 shares of the company’s stock worth $1,122,000 after acquiring an additional 715 shares during the last quarter. Amalgamated Bank boosted its holdings in Tyson Foods by 2.4% during the 3rd quarter. Amalgamated Bank now owns 32,144 shares of the company’s stock worth $2,265,000 after acquiring an additional 750 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. boosted its holdings in Tyson Foods by 7.2% during the 3rd quarter. Sumitomo Mitsui Financial Group Inc. now owns 11,255 shares of the company’s stock worth $793,000 after acquiring an additional 757 shares during the last quarter. Comerica Bank boosted its holdings in Tyson Foods by 1.1% during the 3rd quarter. Comerica Bank now owns 68,203 shares of the company’s stock worth $4,874,000 after acquiring an additional 759 shares during the last quarter. Finally, ETRADE Capital Management LLC boosted its holdings in Tyson Foods by 15.2% during the 3rd quarter. ETRADE Capital Management LLC now owns 5,892 shares of the company’s stock worth $415,000 after acquiring an additional 776 shares during the last quarter. 70.75% of the stock is currently owned by hedge funds and other institutional investors.
In related news, Director Gaurdie E. Jr. Banister sold 7,800 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $75.56, for a total value of $589,368.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey K. Schomburger acquired 2,700 shares of the stock in a transaction that occurred on Friday, February 9th. The stock was purchased at an average price of $74.83 per share, for a total transaction of $202,041.00. The disclosure for this purchase can be found here. Insiders sold a total of 86,249 shares of company stock worth $6,976,695 over the last 90 days. 2.65% of the stock is currently owned by company insiders.
Tyson Foods, Inc. (NYSE:TSN) opened at $75.69 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.51 and a debt-to-equity ratio of 0.74. The firm has a market cap of $28,070.00, a PE ratio of 15.32, a P/E/G ratio of 1.02 and a beta of 0.20. Tyson Foods, Inc. has a fifty-two week low of $57.20 and a fifty-two week high of $84.65.
Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Thursday, February 8th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.51 by $0.30. Tyson Foods had a return on equity of 19.25% and a net margin of 7.15%. The business had revenue of $10.23 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same period in the previous year, the business posted $1.59 EPS. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. analysts predict that Tyson Foods, Inc. will post 6.68 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, May 31st. Tyson Foods’s dividend payout ratio is currently 24.29%.
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Tyson Foods Company 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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