NN Investment Partners Holdings N.V. reduced its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 11.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 420,013 shares of the company’s stock after selling 54,976 shares during the period. NN Investment Partners Holdings N.V. owned approximately 0.12% of Tyson Foods worth $33,912,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in TSN. Natixis Advisors L.P. lifted its position in shares of Tyson Foods by 45.6% in the 4th quarter. Natixis Advisors L.P. now owns 26,143 shares of the company’s stock worth $1,396,000 after purchasing an additional 8,184 shares during the period. Stifel Financial Corp lifted its position in Tyson Foods by 58.8% during the fourth quarter. Stifel Financial Corp now owns 37,282 shares of the company’s stock valued at $1,984,000 after acquiring an additional 13,802 shares during the last quarter. Geode Capital Management LLC lifted its position in Tyson Foods by 6.6% during the fourth quarter. Geode Capital Management LLC now owns 4,527,942 shares of the company’s stock valued at $241,434,000 after acquiring an additional 278,988 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its position in Tyson Foods by 15.2% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,398 shares of the company’s stock valued at $75,000 after acquiring an additional 184 shares during the last quarter. Finally, Two Sigma Advisers LP purchased a new stake in Tyson Foods during the fourth quarter valued at approximately $11,787,000. 69.69% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:TSN traded up $0.75 during midday trading on Tuesday, reaching $82.08. The company’s stock had a trading volume of 60,281 shares, compared to its average volume of 2,433,905. The firm has a market capitalization of $29.49 billion, a price-to-earnings ratio of 13.34 and a beta of 0.51. Tyson Foods, Inc. has a twelve month low of $49.77 and a twelve month high of $84.30. The firm has a fifty day moving average price of $80.98. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.38 and a quick ratio of 0.54.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, May 6th. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.08. The company had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.25 billion. Tyson Foods had a net margin of 5.05% and a return on equity of 16.53%. The firm’s revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business earned $1.27 earnings per share. Equities analysts predict that Tyson Foods, Inc. will post 5.97 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.83%. The ex-dividend date of this dividend is Thursday, August 29th. Tyson Foods’s payout ratio is 24.35%.

A number of equities research analysts recently commented on TSN shares. Piper Jaffray Companies increased their target price on shares of Tactile Systems Technology to $84.00 and gave the company an “overweight” rating in a research report on Monday, May 6th. Credit Suisse Group set a $96.00 price target on shares of Tyson Foods and gave the stock a “buy” rating in a report on Thursday, June 13th. BMO Capital Markets decreased their price target on shares of AKITA Drilling from C$5.00 to C$3.50 in a report on Tuesday, May 7th. Argus decreased their price target on shares of Alliance Data Systems from $194.00 to $164.00 and set a “buy” rating for the company in a report on Tuesday, May 14th. They noted that the move was a valuation call. Finally, Pivotal Research raised their price target on shares of Tyson Foods from $40.00 to $50.00 and gave the stock a “sell” rating in a report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $79.10.

In other Tyson Foods news, EVP Mary Oleksiuk sold 44,967 shares of the stock in a transaction on Wednesday, May 8th. The shares were sold at an average price of $77.09, for a total transaction of $3,466,506.03. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Chad Roderick Martin sold 6,300 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $77.24, for a total transaction of $486,612.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 84,433 shares of company stock worth $6,680,525. Insiders own 1.69% of the company’s stock.

Tyson Foods Profile

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.

Read More: Why do companies pay special dividends?

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

Receive News & Ratings for Tyson Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods and related companies with MarketBeat.com's FREE daily email newsletter.