Weatherly Asset Management L. P. Has $1.74 Million Position in Tyson Foods, Inc. (TSN)

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Weatherly Asset Management L. P. decreased its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 1.4% during the 1st quarter, HoldingsChannel reports. The fund owned 25,108 shares of the company’s stock after selling 349 shares during the period. Weatherly Asset Management L. P.’s holdings in Tyson Foods were worth $1,743,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TSN. Oregon Public Employees Retirement Fund boosted its position in shares of Tyson Foods by 7,093.4% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,030,741 shares of the company’s stock worth $169,000 after acquiring an additional 8,905,199 shares in the last quarter. Norges Bank acquired a new stake in shares of Tyson Foods during the 4th quarter worth approximately $149,935,000. Deutsche Bank AG boosted its position in shares of Tyson Foods by 111.3% during the 4th quarter. Deutsche Bank AG now owns 3,475,479 shares of the company’s stock worth $185,584,000 after acquiring an additional 1,831,055 shares in the last quarter. Boston Partners acquired a new stake in shares of Tyson Foods during the 4th quarter worth approximately $96,539,000. Finally, Brandywine Global Investment Management LLC boosted its position in shares of Tyson Foods by 119,363.5% during the 4th quarter. Brandywine Global Investment Management LLC now owns 873,278 shares of the company’s stock worth $46,634,000 after acquiring an additional 872,547 shares in the last quarter. Institutional investors and hedge funds own 70.56% of the company’s stock.

In related news, EVP Scott Rouse sold 2,500 shares of Tyson Foods stock in a transaction on Monday, March 11th. The shares were sold at an average price of $64.22, for a total transaction of $160,550.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Chad Roderick Martin sold 8,233 shares of Tyson Foods stock in a transaction on Friday, February 22nd. The stock was sold at an average price of $62.36, for a total transaction of $513,409.88. The disclosure for this sale can be found here. 1.69% of the stock is currently owned by insiders.

Several analysts recently issued reports on TSN shares. Zacks Investment Research lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Monday, January 14th. ValuEngine upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Jefferies Financial Group restated a “buy” rating and issued a $75.00 target price on shares of Tyson Foods in a research report on Sunday, February 17th. Vertical Group upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Thursday, January 10th. Finally, Stephens began coverage on shares of Tyson Foods in a research report on Monday, March 4th. They issued an “overweight” rating and a $62.26 target price on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $71.16.

Shares of NYSE:TSN traded up $0.18 during mid-day trading on Friday, reaching $75.30. 50,494 shares of the company’s stock were exchanged, compared to its average volume of 2,728,726. The firm has a market cap of $27.49 billion, a PE ratio of 12.22, a price-to-earnings-growth ratio of 1.41 and a beta of 0.51. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.34 and a current ratio of 0.85. Tyson Foods, Inc. has a twelve month low of $49.77 and a twelve month high of $75.59.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Thursday, February 7th. The company reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.03. The company had revenue of $10.19 billion for the quarter, compared to analyst estimates of $10.33 billion. Tyson Foods had a net margin of 4.86% and a return on equity of 17.25%. Tyson Foods’s revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.81 earnings per share. Sell-side analysts forecast that Tyson Foods, Inc. will post 5.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, May 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.99%. Tyson Foods’s dividend payout ratio (DPR) is presently 24.35%.

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Tyson Foods Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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

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