Tyson Foods, Inc. (TSN) Shares Sold by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt reduced its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 7.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 100,073 shares of the company’s stock after selling 7,500 shares during the quarter. Tyson Foods makes up about 0.8% of Livforsakringsbolaget Skandia Omsesidigt’s holdings, making the stock its 25th biggest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Tyson Foods were worth $8,113,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Quantum Capital Management increased its position in Tyson Foods by 4.3% during the 2nd quarter. Quantum Capital Management now owns 3,863 shares of the company’s stock valued at $242,000 after purchasing an additional 161 shares during the period. Sentry Investment Management LLC boosted its holdings in shares of Tyson Foods by 1.0% during the 2nd quarter. Sentry Investment Management LLC now owns 22,219 shares of the company’s stock valued at $1,392,000 after buying an additional 229 shares in the last quarter. L & S Advisors Inc boosted its holdings in shares of Tyson Foods by 4.3% during the 2nd quarter. L & S Advisors Inc now owns 5,805 shares of the company’s stock valued at $364,000 after buying an additional 240 shares in the last quarter. Bancorpsouth Inc. boosted its holdings in shares of Tyson Foods by 8.4% during the 2nd quarter. Bancorpsouth Inc. now owns 7,448 shares of the company’s stock valued at $467,000 after buying an additional 578 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Tyson Foods by 4.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,919 shares of the company’s stock valued at $1,122,000 after buying an additional 715 shares in the last quarter. 71.33% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have recently commented on the stock. ValuEngine upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating in a report on Monday, November 20th. upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price on the stock in a report on Wednesday, November 15th. BMO Capital Markets boosted their target price on shares of Tyson Foods to $89.00 and gave the company an “outperform” rating in a report on Tuesday, November 14th. Piper Jaffray Companies assumed coverage on shares of Tyson Foods in a report on Thursday, January 4th. They set an “overweight” rating and a $94.00 target price on the stock. Finally, Pivotal Research upgraded shares of Tyson Foods from a “sell” rating to a “hold” rating and set a $75.00 target price on the stock in a report on Monday, November 13th. Eight research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $75.25.

In related news, insider Noel W. White sold 24,575 shares of the company’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $80.96, for a total value of $1,989,592.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Scott Rouse sold 1,000 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $77.26, for a total transaction of $77,260.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 397,342 shares of company stock worth $32,702,254. 2.65% of the stock is currently owned by company insiders.

Tyson Foods, Inc. (NYSE:TSN) opened at $79.25 on Thursday. The stock has a market cap of $28,928.37, a PE ratio of 16.54 and a beta of 0.36. Tyson Foods, Inc. has a one year low of $57.20 and a one year high of $84.65. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.55 and a quick ratio of 0.75.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, November 13th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.38 by $0.05. The company had revenue of $10.15 billion for the quarter, compared to analysts’ expectations of $9.93 billion. Tyson Foods had a net margin of 4.64% and a return on equity of 19.64%. Tyson Foods’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 EPS. analysts expect that Tyson Foods, Inc. will post 5.82 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be paid a $0.30 dividend. This is a boost from Tyson Foods’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $1.20 dividend on an annualized basis and a yield of 1.51%. Tyson Foods’s payout ratio is presently 25.05%.

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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.

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

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