Tyson Foods, Inc. (NYSE:TSN) Shares Bought by Aperio Group LLC

Aperio Group LLC raised its stake in shares of Tyson Foods, Inc. (NYSE:TSN) by 4.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 159,275 shares of the company’s stock after buying an additional 6,702 shares during the period. Aperio Group LLC’s holdings in Tyson Foods were worth $9,975,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc raised its stake in shares of Tyson Foods by 9.4% in the first quarter. IFP Advisors Inc now owns 2,111 shares of the company’s stock valued at $130,000 after buying an additional 182 shares during the last quarter. Independent Portfolio Consultants Inc. raised its stake in shares of Tyson Foods by 146.7% in the second quarter. Independent Portfolio Consultants Inc. now owns 2,282 shares of the company’s stock valued at $143,000 after buying an additional 1,357 shares during the last quarter. IHT Wealth Management LLC raised its stake in shares of Tyson Foods by 62.9% in the first quarter. IHT Wealth Management LLC now owns 2,850 shares of the company’s stock valued at $177,000 after buying an additional 1,100 shares during the last quarter. Harbour Capital Advisors LLC bought a new stake in shares of Tyson Foods during the first quarter valued at about $196,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Tyson Foods during the first quarter valued at about $203,000. 71.05% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Tyson Foods, Inc. (NYSE TSN) traded up 0.37% on Friday, reaching $65.14. 2,465,295 shares of the company were exchanged. The firm’s 50 day moving average price is $62.81 and its 200 day moving average price is $62.27. The stock has a market capitalization of $23.90 billion, a price-to-earnings ratio of 13.73 and a beta of 0.26. Tyson Foods, Inc. has a 52 week low of $55.72 and a 52 week high of $77.05.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, August 7th. The company reported $1.28 EPS for the quarter, beating the consensus estimate of $1.18 by $0.10. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The company had revenue of $9.85 billion during the quarter, compared to analysts’ expectations of $9.49 billion. During the same quarter in the previous year, the business earned $1.21 EPS. The firm’s revenue was up 4.8% on a year-over-year basis. Equities research analysts anticipate that Tyson Foods, Inc. will post $5.06 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Thursday, November 30th. Tyson Foods’s payout ratio is currently 18.95%.

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Several brokerages have commented on TSN. Zacks Investment Research raised shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $72.00 price objective for the company in a report on Thursday, April 27th. J P Morgan Chase & Co boosted their price target on shares of Tyson Foods from $62.00 to $67.00 and gave the stock a “neutral” rating in a research note on Monday, June 26th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and issued a $76.00 price target on shares of Tyson Foods in a research note on Tuesday, May 9th. Jefferies Group LLC reissued a “buy” rating and issued a $75.00 price target on shares of Tyson Foods in a research note on Monday, May 8th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $75.00 price target on shares of Tyson Foods in a research note on Thursday, June 15th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Tyson Foods presently has a consensus rating of “Buy” and a consensus target price of $69.79.

In other Tyson Foods news, CFO Dennis Leatherby sold 145,100 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $65.97, for a total value of $9,572,247.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mikel A. Durham purchased 2,809 shares of the stock in a transaction dated Monday, August 14th. The stock was purchased at an average price of $65.77 per share, with a total value of $184,747.93. The disclosure for this purchase can be found here. 2.65% of the stock is currently owned by insiders.

Tyson Foods Company Profile

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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