Thompson Investment Management Inc. Sells 1,629 Shares of Tyson Foods, Inc. (NYSE:TSN)

Thompson Investment Management Inc. lowered its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 81,967 shares of the company’s stock after selling 1,629 shares during the period. Thompson Investment Management Inc.’s holdings in Tyson Foods were worth $4,708,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in TSN. Brooklyn Investment Group grew its holdings in shares of Tyson Foods by 2,478.3% during the 4th quarter. Brooklyn Investment Group now owns 593 shares of the company’s stock valued at $34,000 after purchasing an additional 570 shares during the last quarter. Catalyst Capital Advisors LLC boosted its position in Tyson Foods by 56.1% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 584 shares of the company’s stock valued at $35,000 after buying an additional 210 shares during the period. Harvest Fund Management Co. Ltd purchased a new stake in Tyson Foods during the 3rd quarter valued at $36,000. ST Germain D J Co. Inc. purchased a new stake in Tyson Foods during the 4th quarter valued at $42,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Tyson Foods by 301.6% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 747 shares of the company’s stock worth $44,000 after purchasing an additional 561 shares during the period. Institutional investors own 67.00% of the company’s stock.

Insider Buying and Selling

In related news, General Counsel Adam S. Deckinger sold 10,500 shares of Tyson Foods stock in a transaction on Friday, November 15th. The shares were sold at an average price of $64.80, for a total value of $680,400.00. Following the sale, the general counsel now owns 19,260 shares of the company’s stock, valued at approximately $1,248,048. This trade represents a 35.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman John H. Tyson sold 185,394 shares of Tyson Foods stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $63.77, for a total transaction of $11,822,575.38. Following the completion of the sale, the chairman now directly owns 3,003,374 shares in the company, valued at $191,525,159.98. This represents a 5.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 414,814 shares of company stock worth $26,450,955 in the last three months. Corporate insiders own 2.03% of the company’s stock.

Tyson Foods Trading Up 1.0 %

TSN stock opened at $57.97 on Friday. The company has a quick ratio of 0.95, a current ratio of 2.11 and a debt-to-equity ratio of 0.52. Tyson Foods, Inc. has a twelve month low of $51.16 and a twelve month high of $66.88. The stock has a market capitalization of $20.65 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 0.72 and a beta of 0.80. The firm’s fifty day simple moving average is $58.14 and its two-hundred day simple moving average is $60.23.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, February 3rd. The company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.35. Tyson Foods had a net margin of 1.96% and a return on equity of 6.87%. The firm had revenue of $13.62 billion for the quarter, compared to analysts’ expectations of $13.46 billion. During the same period in the prior year, the business posted $0.69 earnings per share. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, analysts anticipate that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.45%. The ex-dividend date of this dividend is Friday, May 30th. Tyson Foods’s payout ratio is 67.57%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Barclays dropped their target price on shares of Tyson Foods from $76.00 to $75.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Stephens lifted their price target on shares of Tyson Foods from $60.00 to $63.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. UBS Group began coverage on shares of Tyson Foods in a research report on Friday, January 10th. They set a “neutral” rating and a $62.00 price target for the company. BMO Capital Markets raised their price objective on shares of Tyson Foods from $60.00 to $62.00 and gave the company a “market perform” rating in a research note on Wednesday, November 13th. Finally, Citigroup reduced their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $61.10.

Tyson Foods Company 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 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; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.