Macquarie Group Ltd. lessened its holdings in shares of Tyson Foods, Inc. (NYSE:TSN) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 251,076 shares of the company’s stock after selling 1,023 shares during the quarter. Macquarie Group Ltd. owned approximately 0.07% of Tyson Foods worth $17,287,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. BerganKDV Wealth Management LLC bought a new stake in shares of Tyson Foods during the 2nd quarter valued at $103,000. Trust Department MB Financial Bank N A bought a new stake in shares of Tyson Foods during the 2nd quarter valued at $106,000. MUFG Americas Holdings Corp raised its position in shares of Tyson Foods by 99.3% during the 2nd quarter. MUFG Americas Holdings Corp now owns 1,722 shares of the company’s stock valued at $119,000 after purchasing an additional 858 shares during the period. Fort L.P. bought a new stake in shares of Tyson Foods during the 2nd quarter valued at $119,000. Finally, BKS Advisors LLC bought a new stake in shares of Tyson Foods during the 2nd quarter valued at $203,000. Institutional investors and hedge funds own 70.21% of the company’s stock.

NYSE TSN traded up $0.06 on Friday, reaching $60.29. The company had a trading volume of 1,608,435 shares, compared to its average volume of 2,366,393. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.66 and a current ratio of 1.48. The company has a market cap of $21.79 billion, a P/E ratio of 11.35, a P/E/G ratio of 0.92 and a beta of 0.14. Tyson Foods, Inc. has a 12 month low of $56.79 and a 12 month high of $84.65.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings results on Monday, August 6th. The company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.17. Tyson Foods had a net margin of 7.17% and a return on equity of 18.84%. The company had revenue of $10.05 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the previous year, the firm posted $1.28 EPS. Tyson Foods’s revenue for the quarter was up 2.0% compared to the same quarter last year. As a group, analysts forecast that Tyson Foods, Inc. will post 5.89 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.99%. Tyson Foods’s dividend payout ratio (DPR) is presently 22.60%.

TSN has been the topic of several recent analyst reports. Barclays decreased their price objective on shares of Tyson Foods from $80.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, July 30th. Jefferies Financial Group restated a “buy” rating and set a $75.00 price objective on shares of Tyson Foods in a research report on Tuesday, July 31st. Pivotal Research restated a “sell” rating and set a $40.00 price objective on shares of Tyson Foods in a research report on Monday, August 6th. BMO Capital Markets decreased their price objective on shares of Tyson Foods from $89.00 to $82.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 7th. Finally, ValuEngine upgraded shares of Tyson Foods from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 28th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. Tyson Foods presently has an average rating of “Hold” and a consensus price target of $74.60.

Tyson Foods Company 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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