Tyson Foods, Inc. $TSN Shares Sold by Groupama Asset Managment

Groupama Asset Managment lessened its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 54.2% during the 3rd quarter, Holdings Channel reports. The firm owned 13,049 shares of the company’s stock after selling 15,444 shares during the quarter. Groupama Asset Managment’s holdings in Tyson Foods were worth $709,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TSN. CIBC Private Wealth Group LLC raised its holdings in shares of Tyson Foods by 10.6% in the third quarter. CIBC Private Wealth Group LLC now owns 1,862 shares of the company’s stock worth $101,000 after buying an additional 179 shares during the last quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its holdings in shares of Tyson Foods by 10.0% during the third quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 2,200 shares of the company’s stock valued at $119,000 after buying an additional 200 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its position in shares of Tyson Foods by 1.2% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 18,074 shares of the company’s stock valued at $975,000 after acquiring an additional 210 shares during the period. Harbor Capital Advisors Inc. increased its position in shares of Tyson Foods by 93.1% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock valued at $26,000 after acquiring an additional 228 shares during the period. Finally, Unison Advisors LLC raised its stake in Tyson Foods by 0.9% in the 3rd quarter. Unison Advisors LLC now owns 26,669 shares of the company’s stock worth $1,448,000 after acquiring an additional 236 shares during the last quarter. Institutional investors and hedge funds own 67.00% of the company’s stock.

Tyson Foods Stock Down 1.5%

Shares of TSN stock opened at $58.22 on Friday. Tyson Foods, Inc. has a twelve month low of $50.56 and a twelve month high of $66.41. The stock has a market cap of $20.50 billion, a P/E ratio of 103.96, a P/E/G ratio of 1.30 and a beta of 0.47. The stock has a 50 day moving average of $62.62 and a 200 day moving average of $57.75. The company has a current ratio of 1.53, a quick ratio of 0.66 and a debt-to-equity ratio of 0.41.

Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, February 2nd. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.04). The company had revenue of $14.31 billion during the quarter, compared to analysts’ expectations of $14.11 billion. Tyson Foods had a return on equity of 7.67% and a net margin of 0.36%.The company’s revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.14 EPS. As a group, sell-side analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $2.04 dividend on an annualized basis and a yield of 3.5%. Tyson Foods’s dividend payout ratio is 364.29%.

Analyst Ratings Changes

A number of brokerages have commented on TSN. Barclays lifted their price target on Tyson Foods from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Argus upgraded Tyson Foods to a “hold” rating in a research note on Friday, February 6th. BMO Capital Markets lifted their target price on Tyson Foods from $67.00 to $73.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. JPMorgan Chase & Co. upped their target price on Tyson Foods from $63.00 to $67.00 and gave the company a “neutral” rating in a research report on Tuesday, February 3rd. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $69.00 price target on shares of Tyson Foods in a research report on Tuesday, February 3rd. Three research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $64.27.

Tyson Foods Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.