Tyson Foods, Inc. (TSN) Shares Sold by Dean Capital Investments Management LLC

Dean Capital Investments Management LLC cut its stake in Tyson Foods, Inc. (NYSE:TSN) by 25.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,584 shares of the company’s stock after selling 1,862 shares during the period. Dean Capital Investments Management LLC’s holdings in Tyson Foods were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MUFG Americas Holdings Corp raised its stake in shares of Tyson Foods by 99.3% during the second quarter. MUFG Americas Holdings Corp now owns 1,722 shares of the company’s stock worth $119,000 after buying an additional 858 shares during the last quarter. Fort L.P. bought a new stake in shares of Tyson Foods during the second quarter worth approximately $119,000. Cerebellum GP LLC bought a new stake in shares of Tyson Foods during the third quarter worth approximately $170,000. Trilogy Capital Inc. bought a new stake in shares of Tyson Foods during the second quarter worth approximately $198,000. Finally, BKS Advisors LLC bought a new stake in shares of Tyson Foods during the second quarter worth approximately $203,000. 68.16% of the stock is owned by institutional investors.

A number of equities research analysts recently weighed in on TSN shares. Jefferies Financial Group reissued a “buy” rating and set a $75.00 price target on shares of Tyson Foods in a research note on Monday, September 17th. Zacks Investment Research raised shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a research note on Monday, October 1st. Argus downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, September 5th. ValuEngine upgraded shares of Tyson Foods from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 9th. Finally, Standpoint Research started coverage on shares of Tyson Foods in a report on Tuesday, October 23rd. They set a “buy” rating and a $74.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $73.14.

Shares of NYSE TSN opened at $58.89 on Friday. The company has a market cap of $21.56 billion, a P/E ratio of 9.56, a PEG ratio of 0.90 and a beta of 0.17. The company has a quick ratio of 0.43, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. Tyson Foods, Inc. has a 52-week low of $56.79 and a 52-week high of $84.65.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings data on Tuesday, November 13th. The company reported $1.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.25. The firm had revenue of $10 billion during the quarter, compared to analysts’ expectations of $10.30 billion. Tyson Foods had a net margin of 7.55% and a return on equity of 18.39%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.43 earnings per share. As a group, equities research analysts predict that Tyson Foods, Inc. will post 5.95 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Investors of record on Friday, March 1st will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, February 28th. This represents a $1.50 dividend on an annualized basis and a yield of 2.55%. This is a boost from Tyson Foods’s previous quarterly dividend of $0.30. Tyson Foods’s payout ratio is currently 19.48%.

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Tyson Foods Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Chicken, Beef, Pork, and Prepared Foods. The company raises and processes chickens into fresh, frozen, and value-added chicken products; processes live fed cattle and live market hogs; and 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.

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

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