Donaldson Capital Management LLC Acquires 881 Shares of Tyson Foods, Inc. (NYSE:TSN)

Donaldson Capital Management LLC raised its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 27.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,099 shares of the company’s stock after purchasing an additional 881 shares during the quarter. Donaldson Capital Management LLC’s holdings in Tyson Foods were worth $373,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TSN. Nuveen Asset Management LLC lifted its position in Tyson Foods by 24,482.5% during the second quarter. Nuveen Asset Management LLC now owns 1,888,675 shares of the company’s stock valued at $152,492,000 after purchasing an additional 1,880,992 shares during the last quarter. BlackRock Inc. lifted its position in Tyson Foods by 4.4% during the second quarter. BlackRock Inc. now owns 20,908,859 shares of the company’s stock valued at $1,688,183,000 after purchasing an additional 872,367 shares during the last quarter. Invesco Ltd. lifted its position in Tyson Foods by 19.1% during the second quarter. Invesco Ltd. now owns 4,478,758 shares of the company’s stock valued at $361,615,000 after purchasing an additional 719,437 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in shares of Tyson Foods in the 3rd quarter worth about $55,440,000. Finally, Victory Capital Management Inc. lifted its holdings in shares of Tyson Foods by 451.7% in the 2nd quarter. Victory Capital Management Inc. now owns 637,218 shares of the company’s stock worth $51,449,000 after acquiring an additional 521,718 shares during the last quarter. Institutional investors and hedge funds own 68.82% of the company’s stock.

In related news, EVP Mary Oleksiuk sold 28,382 shares of Tyson Foods stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $92.22, for a total transaction of $2,617,388.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen R. Stouffer sold 15,723 shares of Tyson Foods stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $90.16, for a total transaction of $1,417,585.68. The disclosure for this sale can be found here. Insiders have sold a total of 44,145 shares of company stock valued at $4,038,543 in the last quarter. 1.68% of the stock is currently owned by company insiders.

Several research firms have recently issued reports on TSN. ValuEngine lowered shares of Tyson Foods from a “hold” rating to a “sell” rating in a report on Friday, January 3rd. Bank of America began coverage on shares of Tyson Foods in a report on Friday, October 25th. They issued a “buy” rating and a $97.00 target price for the company. Zacks Investment Research lowered shares of Tyson Foods from a “hold” rating to a “sell” rating and set a $93.00 target price for the company. in a report on Thursday, November 14th. BMO Capital Markets raised their target price on shares of Tyson Foods from $90.00 to $98.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. restated a “hold” rating and issued a $89.00 target price (up previously from $83.00) on shares of Tyson Foods in a report on Wednesday, December 4th. Three analysts have rated the stock with a sell rating, two have given a hold rating and nine have assigned a buy rating to the company’s stock. Tyson Foods currently has an average rating of “Hold” and a consensus target price of $88.83.

Tyson Foods stock opened at $91.94 on Wednesday. The firm has a 50-day moving average price of $90.14 and a 200-day moving average price of $85.95. The firm has a market capitalization of $33.57 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 1.19 and a beta of 0.43. The company has a current ratio of 1.30, a quick ratio of 0.56 and a debt-to-equity ratio of 0.69. Tyson Foods, Inc. has a 12-month low of $57.59 and a 12-month high of $94.24.

Tyson Foods (NYSE:TSN) last released its earnings results on Tuesday, November 12th. The company reported $1.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($0.02). Tyson Foods had a return on equity of 14.53% and a net margin of 4.77%. The firm had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.93 billion. During the same quarter last year, the business posted $1.58 EPS. Tyson Foods’s revenue was up 8.9% compared to the same quarter last year. As a group, sell-side analysts predict that Tyson Foods, Inc. will post 6.75 earnings per share for the current fiscal year.

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 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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