Oregon Public Employees Retirement Fund decreased its stake in Tyson Foods, Inc. (NYSE:TSN) by 37.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,057 shares of the company’s stock after selling 79,900 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Tyson Foods were worth $8,333,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Jaffetilchin Investment Partners LLC raised its position in Tyson Foods by 0.3% in the first quarter. Jaffetilchin Investment Partners LLC now owns 7,039 shares of the company’s stock valued at $434,000 after buying an additional 24 shares during the period. Smith Salley & Associates raised its position in Tyson Foods by 0.8% in the first quarter. Smith Salley & Associates now owns 3,628 shares of the company’s stock valued at $224,000 after buying an additional 28 shares during the period. Horrell Capital Management Inc. raised its position in Tyson Foods by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 27,260 shares of the company’s stock valued at $1,682,000 after buying an additional 100 shares during the period. Meiji Yasuda Life Insurance Co raised its position in Tyson Foods by 0.5% in the first quarter. Meiji Yasuda Life Insurance Co now owns 20,580 shares of the company’s stock valued at $1,270,000 after buying an additional 100 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in Tyson Foods by 0.5% in the first quarter. Oppenheimer & Co. Inc. now owns 30,905 shares of the company’s stock valued at $1,907,000 after buying an additional 146 shares during the period. 71.59% of the stock is currently owned by institutional investors and hedge funds.

Shares of Tyson Foods, Inc. (TSN) opened at 61.13 on Thursday. Tyson Foods, Inc. has a 1-year low of $55.72 and a 1-year high of $77.05. The company has a 50 day moving average price of $60.86 and a 200-day moving average price of $62.02. The stock has a market capitalization of $22.43 billion, a P/E ratio of 12.77 and a beta of 0.25.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, May 8th. The company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.06 by $0.05. Tyson Foods had a net margin of 4.91% and a return on equity of 18.55%. The business had revenue of $9.08 billion during the quarter, compared to analyst estimates of $9.07 billion. During the same quarter in the prior year, the business earned $1.07 earnings per share. The firm’s revenue was down .9% compared to the same quarter last year. On average, equities research analysts forecast that Tyson Foods, Inc. will post $5.03 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Wednesday, August 30th. Tyson Foods’s payout ratio is currently 18.79%.

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Several research analysts have commented on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $75.00 price target on shares of Tyson Foods in a research report on Thursday, June 15th. BidaskClub raised Tyson Foods from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised Tyson Foods from a “hold” rating to a “buy” rating and set a $66.00 price target on the stock in a research report on Thursday, July 13th. Mizuho assumed coverage on Tyson Foods in a research report on Wednesday, June 7th. They set a “buy” rating and a $71.00 price target on the stock. Finally, Barclays PLC assumed coverage on Tyson Foods in a research report on Tuesday, June 6th. They set an “overweight” rating and a $70.00 price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $69.04.

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

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