Gateway Investment Advisers LLC lowered its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,658 shares of the company’s stock after selling 160 shares during the period. Gateway Investment Advisers LLC’s holdings in Tyson Foods were worth $1,106,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TSN. Alpha Windward LLC increased its position in shares of Tyson Foods by 6.3% in the first quarter. Alpha Windward LLC now owns 8,092 shares of the company’s stock valued at $499,000 after buying an additional 480 shares during the period. Horrell Capital Management Inc. increased its position in shares of 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. Regentatlantic Capital LLC increased its position in shares of Tyson Foods by 3.0% in the first quarter. Regentatlantic Capital LLC now owns 111,916 shares of the company’s stock valued at $6,906,000 after buying an additional 3,224 shares during the period. National Pension Service increased its position in shares of Tyson Foods by 7.1% in the first quarter. National Pension Service now owns 265,039 shares of the company’s stock valued at $16,337,000 after buying an additional 17,455 shares during the period. Finally, Gulf International Bank UK Ltd increased its position in shares of Tyson Foods by 25.3% in the first quarter. Gulf International Bank UK Ltd now owns 5,951 shares of the company’s stock valued at $367,000 after buying an additional 1,200 shares during the period. 71.59% of the stock is owned by institutional investors.

Tyson Foods, Inc. (TSN) opened at 61.88 on Friday. The stock has a 50 day moving average price of $60.96 and a 200-day moving average price of $62.01. The firm has a market cap of $22.71 billion, a P/E ratio of 12.93 and a beta of 0.25. Tyson Foods, Inc. has a one year low of $55.72 and a one year high of $77.05.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, May 8th. The company reported $1.01 earnings per share (EPS) for the quarter, missing the Zacks’ 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 firm had revenue of $9.08 billion during the quarter, compared to analyst estimates of $9.07 billion. During the same period in the prior year, the business posted $1.07 EPS. The firm’s quarterly revenue was down .9% compared to the same quarter last year. Analysts predict that Tyson Foods, Inc. will post $5.03 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Wednesday, August 30th. Tyson Foods’s dividend payout ratio is presently 18.79%.

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Several equities analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Thursday, April 27th. J P Morgan Chase & Co upped their price objective on shares of Tyson Foods from $62.00 to $67.00 and gave the stock a “neutral” rating in a report on Monday, June 26th. BMO Capital Markets reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Tyson Foods in a report on Thursday, June 15th. BidaskClub raised shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Friday, June 16th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Tyson Foods in a report on Monday, April 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Tyson Foods has an average rating of “Buy” and an average price target of $69.04.

About Tyson Foods

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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