Jaffetilchin Investment Partners LLC purchased a new stake in Tyson Foods, Inc. (NYSE:TSN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 6,573 shares of the company’s stock, valued at approximately $533,000.
Several other hedge funds and other institutional investors have also made changes to their positions in TSN. Victory Capital Management Inc. lifted its holdings in shares of Tyson Foods by 14.4% in the second quarter. Victory Capital Management Inc. now owns 24,027 shares of the company’s stock valued at $1,505,000 after purchasing an additional 3,022 shares in the last quarter. Schroder Investment Management Group lifted its stake in shares of Tyson Foods by 8.9% during the second quarter. Schroder Investment Management Group now owns 40,862 shares of the company’s stock valued at $2,516,000 after buying an additional 3,333 shares during the period. CIBC World Markets Inc. lifted its stake in shares of Tyson Foods by 6.9% during the second quarter. CIBC World Markets Inc. now owns 24,380 shares of the company’s stock valued at $1,527,000 after buying an additional 1,577 shares during the period. Franklin Resources Inc. lifted its stake in shares of Tyson Foods by 69.7% during the second quarter. Franklin Resources Inc. now owns 9,520 shares of the company’s stock valued at $596,000 after buying an additional 3,911 shares during the period. Finally, Financial Counselors Inc. lifted its stake in shares of Tyson Foods by 0.3% during the second quarter. Financial Counselors Inc. now owns 4,799 shares of the company’s stock valued at $301,000 after buying an additional 15 shares during the period. 71.33% of the stock is currently owned by institutional investors.
In other Tyson Foods news, SVP Curt Calaway sold 21,200 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $81.01, for a total transaction of $1,717,412.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Noel W. White sold 24,575 shares of the stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $80.96, for a total transaction of $1,989,592.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 397,342 shares of company stock worth $32,702,254. 1.55% of the stock is currently owned by insiders.
Tyson Foods, Inc. (NYSE:TSN) opened at $81.00 on Thursday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.75 and a current ratio of 1.55. The firm has a market cap of $29,760.00, a P/E ratio of 16.91 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.
Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, November 13th. The company reported $1.43 earnings per share 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 the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.96 earnings per share. equities analysts expect that Tyson Foods, Inc. will post 5.82 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.30 per share. 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 1.48%. This is an increase from Tyson Foods’s previous quarterly dividend of $0.23. Tyson Foods’s dividend payout ratio (DPR) is currently 25.05%.
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.
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