WINTON GROUP Ltd reduced its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 77.8% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 168,755 shares of the company’s stock after selling 592,071 shares during the period. WINTON GROUP Ltd’s holdings in Tyson Foods were worth $10,569,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Financial Counselors Inc. boosted its position in shares of Tyson Foods by 0.3% during the 2nd quarter. Financial Counselors Inc. now owns 4,799 shares of the company’s stock worth $301,000 after purchasing an additional 15 shares in the last quarter. CrestPoint Capital Management LLC boosted its position in shares of Tyson Foods by 0.5% during the 2nd quarter. CrestPoint Capital Management LLC now owns 21,100 shares of the company’s stock worth $1,321,000 after purchasing an additional 100 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Tyson Foods by 0.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 30,905 shares of the company’s stock worth $1,907,000 after purchasing an additional 146 shares in the last quarter. Montecito Bank & Trust boosted its position in shares of Tyson Foods by 3.7% during the 2nd quarter. Montecito Bank & Trust now owns 4,160 shares of the company’s stock worth $260,000 after purchasing an additional 147 shares in the last quarter. Finally, Lumbard & Kellner LLC boosted its position in shares of Tyson Foods by 0.4% during the 2nd quarter. Lumbard & Kellner LLC now owns 39,875 shares of the company’s stock worth $2,497,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 71.89% of the company’s stock.

Tyson Foods, Inc. (TSN) traded down 0.83% on Friday, hitting $70.21. 1,145,275 shares of the stock were exchanged. Tyson Foods, Inc. has a 52 week low of $55.72 and a 52 week high of $72.36. The company has a market cap of $25.76 billion, a PE ratio of 14.80 and a beta of 0.28. The company’s 50-day moving average is $66.95 and its 200-day moving average is $63.17.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, August 7th. The company reported $1.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.18 by $0.10. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The company had revenue of $9.85 billion during the quarter, compared to the consensus estimate of $9.49 billion. During the same period last year, the business earned $1.21 EPS. The business’s quarterly revenue was up 4.8% on a year-over-year basis. On average, analysts predict that Tyson Foods, Inc. will post $5.21 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, November 30th. Tyson Foods’s payout ratio is 18.95%.

In related news, Director Mikel A. Durham acquired 2,809 shares of the business’s stock in a transaction that occurred on Monday, August 14th. The shares were acquired at an average cost of $65.77 per share, with a total value 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 that occurred on Monday, August 14th. The shares were sold at an average price of $65.97, for a total value of $9,572,247.00. The disclosure for this sale can be found here. 2.65% of the stock is currently owned by company insiders.

Several equities research analysts have commented on the stock. Royal Bank Of Canada restated a “sector perform” rating and set a $77.00 target price (up from $70.00) on shares of Tyson Foods in a research report on Friday, October 6th. Zacks Investment Research upgraded shares of Tyson Foods from a “hold” rating to a “strong-buy” rating and set a $82.00 target price on the stock in a research report on Wednesday, October 4th. Jefferies Group LLC boosted their target price on shares of Tyson Foods from $75.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, October 3rd. Mizuho reiterated a “buy” rating and issued a $76.00 price objective on shares of Tyson Foods in a research report on Monday, October 2nd. Finally, Barclays PLC boosted their price objective on shares of Tyson Foods from $75.00 to $80.00 and gave the stock an “overweight” rating in a research report on Monday, October 2nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $72.96.

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About Tyson Foods

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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