Tyson Foods, Inc. $TSN Shares Sold by Thompson Investment Management Inc.

Thompson Investment Management Inc. lessened its holdings in Tyson Foods, Inc. (NYSE:TSN) by 86.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,979 shares of the company’s stock after selling 18,418 shares during the quarter. Thompson Investment Management Inc.’s holdings in Tyson Foods were worth $175,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC boosted its position in shares of Tyson Foods by 15.6% during the 1st quarter. Empowered Funds LLC now owns 28,076 shares of the company’s stock worth $1,792,000 after acquiring an additional 3,788 shares in the last quarter. Woodline Partners LP raised its position in shares of Tyson Foods by 40.8% during the 1st quarter. Woodline Partners LP now owns 24,178 shares of the company’s stock worth $1,543,000 after acquiring an additional 7,011 shares in the last quarter. Focus Partners Wealth lifted its stake in Tyson Foods by 84.0% during the first quarter. Focus Partners Wealth now owns 12,597 shares of the company’s stock worth $804,000 after purchasing an additional 5,749 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Tyson Foods by 100.3% in the second quarter. Sivia Capital Partners LLC now owns 7,393 shares of the company’s stock valued at $414,000 after purchasing an additional 3,702 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Tyson Foods by 2.2% in the second quarter. Franklin Resources Inc. now owns 125,971 shares of the company’s stock valued at $7,047,000 after purchasing an additional 2,659 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Stock Down 0.0%

TSN stock opened at $63.89 on Monday. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 114.09, a price-to-earnings-growth ratio of 1.40 and a beta of 0.47. The company has a fifty day moving average price of $62.79 and a 200 day moving average price of $57.97. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.53 and a quick ratio of 0.66. Tyson Foods, Inc. has a 12 month low of $50.56 and a 12 month high of $66.41.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Monday, February 2nd. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.04). The business had revenue of $14.31 billion for the quarter, compared to analysts’ expectations of $14.11 billion. Tyson Foods had a return on equity of 7.67% and a net margin of 0.36%.The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.14 earnings per share. Sell-side analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.2%. Tyson Foods’s dividend payout ratio (DPR) is currently 364.29%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TSN. Weiss Ratings reissued a “hold (c-)” rating on shares of Tyson Foods in a report on Monday, December 29th. BMO Capital Markets upped their target price on shares of Tyson Foods from $67.00 to $73.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $69.00 target price on shares of Tyson Foods in a research report on Tuesday, February 3rd. Mizuho started coverage on shares of Tyson Foods in a research report on Thursday. They issued an “outperform” rating and a $72.00 price target for the company. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Tyson Foods from $67.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, March 24th. Four research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $64.75.

Tyson Foods Company Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.