APG Asset Management N.V. decreased its holdings in Tyson Foods, Inc. (NYSE:TSN) by 96.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,125 shares of the company’s stock after selling 3,668,155 shares during the quarter. APG Asset Management N.V.’s holdings in Tyson Foods were worth $8,181,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of TSN. Thrivent Financial For Lutherans boosted its position in Tyson Foods by 11.5% during the first quarter. Thrivent Financial For Lutherans now owns 11,350 shares of the company’s stock valued at $700,000 after acquiring an additional 1,170 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its position in Tyson Foods by 2.6% during the first quarter. Nomura Asset Management Co. Ltd. now owns 39,437 shares of the company’s stock valued at $2,433,000 after acquiring an additional 1,007 shares during the last quarter. Copper Rock Capital Partners LLC boosted its position in Tyson Foods by 140.6% during the second quarter. Copper Rock Capital Partners LLC now owns 7,219 shares of the company’s stock valued at $445,000 after acquiring an additional 4,219 shares during the last quarter. Independent Portfolio Consultants Inc. boosted its position in Tyson Foods by 146.7% during the second quarter. Independent Portfolio Consultants Inc. now owns 2,282 shares of the company’s stock valued at $143,000 after acquiring an additional 1,357 shares during the last quarter. Finally, KAMES CAPITAL plc boosted its position in Tyson Foods by 39.3% during the second quarter. KAMES CAPITAL plc now owns 18,392 shares of the company’s stock valued at $1,152,000 after acquiring an additional 5,190 shares during the last quarter. 70.97% of the stock is currently owned by institutional investors.

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Shares of Tyson Foods, Inc. (TSN) opened at $72.80 on Friday. The company has a market capitalization of $26,281.11, a PE ratio of 15.11 and a beta of 0.30. The company has a current ratio of 1.63, a quick ratio of 0.79 and a debt-to-equity ratio of 0.97.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, August 7th. The company reported $1.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.10. Tyson Foods had a net margin of 4.75% and a return on equity of 18.44%. The business had revenue of $9.85 billion for the quarter, compared to analysts’ expectations of $9.49 billion. During the same period in the prior year, the company posted $1.21 EPS. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. analysts expect that Tyson Foods, Inc. will post 5.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, November 30th. Tyson Foods’s dividend payout ratio (DPR) is currently 18.95%.

TSN has been the topic of several research reports. Fundamental Research reiterated a “buy” rating on shares of Tyson Foods in a report on Thursday, August 17th. BidaskClub upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Zacks Investment Research upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $66.00 target price on the stock in a report on Thursday, July 13th. Royal Bank Of Canada upped their target price on shares of Tyson Foods from $68.00 to $70.00 and gave the stock a “sector perform” rating in a report on Tuesday, August 8th. Finally, Credit Suisse Group set a $70.00 target price on shares of Tyson Foods and gave the stock a “neutral” rating in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. Tyson Foods has an average rating of “Buy” and a consensus target price of $74.35.

In related news, Director Mikel A. Durham acquired 2,809 shares of the stock in a transaction dated Monday, August 14th. The shares were purchased at an average price of $65.77 per share, for a total transaction of $184,747.93. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Dennis Leatherby sold 145,100 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $65.97, for a total transaction of $9,572,247.00. The disclosure for this sale can be found here. Company insiders own 2.65% of the company’s stock.

Tyson Foods 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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