Tyson Foods, Inc. (TSN) Shares Bought by Mutual of America Capital Management LLC
Mutual of America Capital Management LLC boosted its position in Tyson Foods, Inc. (NYSE:TSN) by 10.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,206 shares of the company’s stock after purchasing an additional 3,781 shares during the period. Mutual of America Capital Management LLC’s holdings in Tyson Foods were worth $3,178,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Koch Industries Inc. increased its stake in Tyson Foods by 13,862.2% in the 2nd quarter. Koch Industries Inc. now owns 776,858 shares of the company’s stock valued at $765,000 after purchasing an additional 771,294 shares in the last quarter. Assenagon Asset Management S.A. grew its holdings in Tyson Foods by 2,014.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 319,534 shares of the company’s stock valued at $22,511,000 after buying an additional 304,421 shares during the last quarter. Prudential Financial Inc. grew its holdings in Tyson Foods by 10.0% during the 3rd quarter. Prudential Financial Inc. now owns 3,107,758 shares of the company’s stock valued at $218,942,000 after buying an additional 283,327 shares during the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its holdings in Tyson Foods by 130.5% during the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 241,411 shares of the company’s stock valued at $15,849,000 after buying an additional 136,695 shares during the last quarter. Finally, TIAA FSB acquired a new stake in Tyson Foods during the 3rd quarter valued at $3,813,000. 71.09% of the stock is owned by hedge funds and other institutional investors.
In other news, General Counsel Bebber David L. Van sold 164,348 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $83.26, for a total transaction of $13,683,614.48. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Curt Calaway sold 21,200 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $81.01, for a total value of $1,717,412.00. The disclosure for this sale can be found here. Insiders have sold 397,342 shares of company stock worth $32,702,254 in the last 90 days. Insiders own 2.65% of the company’s stock.
Shares of Tyson Foods, Inc. (NYSE TSN) opened at $74.87 on Friday. Tyson Foods, Inc. has a fifty-two week low of $57.20 and a fifty-two week high of $84.65. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $27,500.00, a price-to-earnings ratio of 9.77 and a beta of 0.17.
Tyson Foods (NYSE:TSN) last posted its quarterly earnings data on Thursday, February 8th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.30. Tyson Foods had a return on equity of 19.64% and a net margin of 4.64%. The business had revenue of $10.23 billion for the quarter, compared to analysts’ expectations of $9.88 billion. During the same quarter last year, the firm earned $1.59 earnings per share. The business’s revenue was up 11.4% on a year-over-year basis. research analysts expect that Tyson Foods, Inc. will post 5.82 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a dividend of $0.30 per share. This is a boost from Tyson Foods’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, February 28th. This represents a $1.20 annualized dividend and a dividend yield of 1.60%. Tyson Foods’s dividend payout ratio (DPR) is 15.67%.
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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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