Robeco Institutional Asset Management B.V. Reduces Position in Tyson Foods, Inc. $TSN

Robeco Institutional Asset Management B.V. decreased its holdings in Tyson Foods, Inc. (NYSE:TSN) by 13.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 286,640 shares of the company’s stock after selling 45,938 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Tyson Foods were worth $15,565,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. grew its stake in shares of Tyson Foods by 93.1% in the third quarter. Harbor Capital Advisors Inc. now owns 473 shares of the company’s stock worth $26,000 after acquiring an additional 228 shares during the period. NewSquare Capital LLC boosted its holdings in Tyson Foods by 175.3% in the second quarter. NewSquare Capital LLC now owns 512 shares of the company’s stock worth $29,000 after purchasing an additional 326 shares during the last quarter. Matrix Trust Co grew its position in Tyson Foods by 28,200.0% in the 2nd quarter. Matrix Trust Co now owns 566 shares of the company’s stock worth $32,000 after purchasing an additional 564 shares during the period. First Command Advisory Services Inc. raised its stake in Tyson Foods by 389.8% during the 2nd quarter. First Command Advisory Services Inc. now owns 578 shares of the company’s stock valued at $32,000 after buying an additional 460 shares during the last quarter. Finally, MTM Investment Management LLC bought a new position in shares of Tyson Foods during the 2nd quarter valued at $36,000. Institutional investors own 67.00% of the company’s stock.

Insider Buying and Selling at Tyson Foods

In other Tyson Foods news, CFO Curt Calaway sold 6,539 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $57.19, for a total value of $373,965.41. Following the completion of the sale, the chief financial officer owned 31,833 shares in the company, valued at approximately $1,820,529.27. This represents a 17.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman John H. Tyson sold 100,301 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $58.05, for a total value of $5,822,473.05. Following the sale, the chairman directly owned 2,989,415 shares in the company, valued at approximately $173,535,540.75. This represents a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.11% of the company’s stock.

Tyson Foods Trading Up 2.1%

Shares of NYSE:TSN opened at $57.40 on Friday. The stock has a 50 day moving average of $56.34 and a 200 day moving average of $55.23. The company has a market cap of $20.26 billion, a PE ratio of 43.15, a price-to-earnings-growth ratio of 1.29 and a beta of 0.48. Tyson Foods, Inc. has a 12-month low of $50.56 and a 12-month high of $64.36. The company has a current ratio of 1.55, a quick ratio of 0.66 and a debt-to-equity ratio of 0.43.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, November 10th. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.30. The business had revenue of $13.86 billion for the quarter, compared to the consensus estimate of $14.08 billion. Tyson Foods had a net margin of 0.87% and a return on equity of 7.95%. The company’s revenue for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.92 earnings per share. As a group, equities research analysts expect that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be paid a dividend of $0.51 per share. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, February 27th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.6%. Tyson Foods’s dividend payout ratio is presently 153.38%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TSN. BMO Capital Markets set a $67.00 price objective on Tyson Foods and gave the stock an “outperform” rating in a report on Thursday. Santander began coverage on Tyson Foods in a research note on Thursday, September 25th. They set a “neutral” rating for the company. Bank of America reduced their price target on shares of Tyson Foods from $59.00 to $58.00 and set a “neutral” rating for the company in a research report on Wednesday, October 8th. Zacks Research raised shares of Tyson Foods from a “strong sell” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tyson Foods in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $61.92.

Tyson Foods Company Profile

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.