Retirement Systems of Alabama grew its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,486 shares of the company’s stock after buying an additional 1,022 shares during the period. Retirement Systems of Alabama’s holdings in Tyson Foods were worth $9,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in TSN. Oregon Public Employees Retirement Fund raised its position in shares of Tyson Foods by 7,093.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 9,030,741 shares of the company’s stock valued at $169,000 after buying an additional 8,905,199 shares during the last quarter. Norges Bank bought a new stake in shares of Tyson Foods during the fourth quarter valued at approximately $149,935,000. Deutsche Bank AG raised its position in shares of Tyson Foods by 111.3% during the fourth quarter. Deutsche Bank AG now owns 3,475,479 shares of the company’s stock valued at $185,584,000 after buying an additional 1,831,055 shares during the last quarter. Boston Partners bought a new stake in shares of Tyson Foods during the fourth quarter valued at approximately $96,539,000. Finally, Brandywine Global Investment Management LLC raised its position in shares of Tyson Foods by 119,363.5% during the fourth quarter. Brandywine Global Investment Management LLC now owns 873,278 shares of the company’s stock valued at $46,634,000 after buying an additional 872,547 shares during the last quarter. Hedge funds and other institutional investors own 70.28% of the company’s stock.

Shares of TSN opened at $73.49 on Monday. Tyson Foods, Inc. has a fifty-two week low of $49.77 and a fifty-two week high of $74.03. The firm has a market capitalization of $26.90 billion, a P/E ratio of 11.93, a price-to-earnings-growth ratio of 1.38 and a beta of 0.48. The company has a current ratio of 0.85, a quick ratio of 0.34 and a debt-to-equity ratio of 0.61.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings data on Thursday, February 7th. The company reported $1.58 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.55 by $0.03. Tyson Foods had a net margin of 4.86% and a return on equity of 17.25%. The business had revenue of $10.19 billion for the quarter, compared to analysts’ expectations of $10.33 billion. During the same quarter in the previous year, the business posted $1.81 earnings per share. The business’s revenue was down .4% compared to the same quarter last year. As a group, analysts anticipate that Tyson Foods, Inc. will post 5.93 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Thursday, May 30th. Tyson Foods’s dividend payout ratio (DPR) is 24.35%.

In other Tyson Foods news, insider Chad Roderick Martin sold 8,233 shares of the business’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $62.36, for a total transaction of $513,409.88. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Scott Rouse sold 2,500 shares of the business’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $64.22, for a total transaction of $160,550.00. The disclosure for this sale can be found here. Insiders own 1.69% of the company’s stock.

Several equities research analysts have recently issued reports on TSN shares. Zacks Investment Research cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research report on Monday, January 14th. ValuEngine upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating in a research report on Thursday, March 21st. Jefferies Financial Group restated a “buy” rating and issued a $75.00 price target on shares of Tyson Foods in a research report on Sunday, February 17th. Vertical Group upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a research report on Thursday, January 10th. Finally, Stephens initiated coverage on shares of Tyson Foods in a research report on Monday, March 4th. They issued an “overweight” rating and a $62.26 price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. Tyson Foods currently has an average rating of “Hold” and an average price target of $71.16.

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About Tyson Foods

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, as well as case ready beef and pork, and fully-cooked meats; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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

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