Tyson Foods, Inc. (TSN) Stake Lowered by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lessened its holdings in Tyson Foods, Inc. (NYSE:TSN) by 45.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,660 shares of the company’s stock after selling 34,401 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Tyson Foods were worth $2,420,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TSN. BerganKDV Wealth Management LLC acquired a new stake in Tyson Foods during the second quarter valued at $103,000. MUFG Americas Holdings Corp boosted its position in Tyson Foods by 99.3% during the second 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 last quarter. Fort L.P. acquired a new stake in Tyson Foods during the second quarter valued at $119,000. Cerebellum GP LLC acquired a new stake in Tyson Foods during the third quarter valued at $170,000. Finally, Trilogy Capital Inc. acquired a new stake in Tyson Foods during the second quarter valued at $198,000. 69.47% of the stock is owned by institutional investors and hedge funds.

NYSE TSN opened at $59.03 on Friday. Tyson Foods, Inc. has a fifty-two week low of $56.79 and a fifty-two week high of $84.65. 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 stock has a market cap of $22.55 billion, a price-to-earnings ratio of 11.12, a P/E/G ratio of 0.93 and a beta of 0.17.



Tyson Foods (NYSE:TSN) last posted its earnings results on Tuesday, November 13th. The company reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.33 by $0.25. Tyson Foods had a return on equity of 18.84% and a net margin of 7.17%. The company had revenue of $10 billion for the quarter, compared to analyst estimates of $10.30 billion. During the same period last year, the company earned $1.43 earnings per share. The business’s revenue was down 1.4% compared to the same quarter last year. Analysts anticipate that Tyson Foods, Inc. will post 5.92 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 1st will be issued a dividend of $0.375 per share. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.30. This represents a $1.50 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend is Thursday, February 28th. Tyson Foods’s dividend payout ratio (DPR) is 22.60%.

A number of analysts recently issued reports on TSN shares. Jefferies Financial Group reissued a “buy” rating and set a $75.00 price objective on shares of Tyson Foods in a research report on Monday, September 17th. Mizuho set a $82.00 price objective on Tyson Foods and gave the company a “buy” rating in a research report on Monday, September 17th. ValuEngine raised Tyson Foods from a “strong sell” rating to a “sell” rating in a research report on Tuesday, August 28th. Pivotal Research reissued a “sell” rating and set a $40.00 price objective on shares of Tyson Foods in a research report on Tuesday. Finally, Zacks Investment Research cut Tyson Foods from a “hold” rating to a “sell” rating in a research report on Tuesday, July 24th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $73.14.

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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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