Teacher Retirement System of Texas decreased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 5.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 886,646 shares of the company’s stock after selling 47,300 shares during the period. Teacher Retirement System of Texas owned 0.25% of Tyson Foods worth $62,464,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of TSN. Meeder Asset Management Inc. raised its stake in Tyson Foods by 147.7% during the second quarter. Meeder Asset Management Inc. now owns 14,398 shares of the company’s stock worth $902,000 after purchasing an additional 8,585 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in Tyson Foods by 505.8% during the second quarter. Mn Services Vermogensbeheer B.V. now owns 46,631 shares of the company’s stock worth $2,920,000 after purchasing an additional 38,933 shares during the period. James Investment Research Inc. purchased a new position in Tyson Foods during the second quarter worth approximately $5,771,000. CrestPoint Capital Management LLC increased its position in shares of Tyson Foods by 0.5% in the second quarter. CrestPoint Capital Management LLC now owns 21,100 shares of the company’s stock worth $1,321,000 after acquiring an additional 100 shares in the last quarter. Finally, Advisors Capital Management LLC increased its position in shares of Tyson Foods by 5.8% in the second quarter. Advisors Capital Management LLC now owns 34,912 shares of the company’s stock worth $2,187,000 after acquiring an additional 1,918 shares in the last quarter. 70.69% of the stock is currently owned by institutional investors.
Tyson Foods, Inc. (NYSE TSN) traded up $1.45 during trading on Monday, hitting $75.59. 5,448,420 shares of the stock were exchanged, compared to its average volume of 2,641,487. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.79 and a current ratio of 1.63. Tyson Foods, Inc. has a one year low of $55.72 and a one year high of $74.30. The company has a market cap of $27,090.00, a P/E ratio of 15.32 and a beta of 0.30.
Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 20th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.24. Tyson Foods had a net margin of 4.75% and a return on equity of 18.44%. The company had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $9.93 billion. During the same period last year, the firm posted $0.96 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. equities analysts expect that Tyson Foods, Inc. will post 5.25 EPS for the current year.
Several equities research analysts have recently issued reports on TSN shares. BidaskClub raised shares of Tyson Foods from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Credit Suisse Group started coverage on shares of Tyson Foods in a research report on Wednesday, July 19th. They issued a “neutral” rating and a $65.00 price objective for the company. Jefferies Group LLC reissued a “buy” rating and issued a $75.00 price objective on shares of Tyson Foods in a research report on Thursday, July 27th. Zacks Investment Research lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Pivotal Research reissued a “sell” rating and issued a $40.00 price objective on shares of Tyson Foods in a research report on Tuesday, August 8th. Eight equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $71.67.
In other news, Director Zepeda Francisco Art Bonillas sold 107,264 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $0.53, for a total value of $56,849.92. Company insiders own 2.65% of the company’s stock.
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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