Stephens Inc. AR Boosts Stock Holdings in Tyson Foods, Inc. (NYSE:TSN)

Stephens Inc. AR raised its holdings in Tyson Foods, Inc. (NYSE:TSN) by 17.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,136 shares of the company’s stock after purchasing an additional 8,729 shares during the period. Stephens Inc. AR’s holdings in Tyson Foods were worth $4,775,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Zions Bancorporation N.A. purchased a new position in shares of Tyson Foods in the first quarter worth about $25,000. Valeo Financial Advisors LLC purchased a new position in Tyson Foods during the second quarter valued at approximately $32,000. West Oak Capital LLC purchased a new position in Tyson Foods during the second quarter valued at approximately $34,000. Global Retirement Partners LLC grew its stake in Tyson Foods by 100.0% during the first quarter. Global Retirement Partners LLC now owns 506 shares of the company’s stock valued at $35,000 after acquiring an additional 253 shares in the last quarter. Finally, Harvest Group Wealth Management LLC purchased a new position in Tyson Foods during the first quarter valued at approximately $37,000. Hedge funds and other institutional investors own 69.03% of the company’s stock.

In other Tyson Foods news, EVP Mary Oleksiuk sold 43,592 shares of Tyson Foods stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $82.60, for a total transaction of $3,600,699.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sally Grimes sold 57,774 shares of Tyson Foods stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $85.00, for a total transaction of $4,910,790.00. The disclosure for this sale can be found here. Insiders own 1.69% of the company’s stock.



Several equities analysts recently commented on TSN shares. Standpoint Research cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Monday, April 29th. BMO Capital Markets reaffirmed a “top pick” rating and set a $90.00 price objective on shares of Tyson Foods in a research note on Tuesday, May 7th. They noted that the move was a valuation call. Mizuho boosted their price objective on shares of Tyson Foods from $89.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. Barclays boosted their price objective on shares of Tyson Foods from $85.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, June 21st. Finally, ValuEngine cut shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $82.86.

Tyson Foods stock traded down $0.05 during mid-day trading on Friday, hitting $87.81. 23,115 shares of the company traded hands, compared to its average volume of 2,767,998. Tyson Foods, Inc. has a one year low of $49.77 and a one year high of $89.88. The stock has a market cap of $32.03 billion, a price-to-earnings ratio of 14.25 and a beta of 0.50. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.59 and a current ratio of 1.33. The stock has a fifty day moving average price of $82.48 and a 200-day moving average price of $74.33.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, August 5th. The company reported $1.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.47. Tyson Foods had a net margin of 5.27% and a return on equity of 15.92%. The business had revenue of $10.89 billion during the quarter, compared to analyst estimates of $10.95 billion. During the same period in the previous year, the business posted $1.50 earnings per share. Tyson Foods’s revenue for the quarter was up 8.3% on a year-over-year basis. Sell-side analysts predict that Tyson Foods, Inc. will post 5.89 EPS for the current year.

Tyson Foods Profile

Tyson Foods, Inc, together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed cattle and live market hogs; 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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

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Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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