Cetera Advisors LLC grew its position in Tyson Foods, Inc. (NYSE:TSN) by 17.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,518 shares of the company’s stock after purchasing an additional 1,267 shares during the quarter. Cetera Advisors LLC’s holdings in Tyson Foods were worth $586,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of TSN. Investment Management of Virginia LLC boosted its stake in Tyson Foods by 1.0% during the first quarter. Investment Management of Virginia LLC now owns 13,964 shares of the company’s stock worth $970,000 after acquiring an additional 135 shares in the last quarter. Horrell Capital Management Inc. boosted its stake in Tyson Foods by 0.4% during the first quarter. Horrell Capital Management Inc. now owns 31,468 shares of the company’s stock worth $2,185,000 after acquiring an additional 139 shares in the last quarter. Unison Advisors LLC boosted its stake in Tyson Foods by 0.7% during the first quarter. Unison Advisors LLC now owns 21,606 shares of the company’s stock worth $1,500,000 after acquiring an additional 144 shares in the last quarter. Creative Planning boosted its stake in Tyson Foods by 0.8% during the first quarter. Creative Planning now owns 22,022 shares of the company’s stock worth $1,529,000 after acquiring an additional 167 shares in the last quarter. Finally, LS Investment Advisors LLC boosted its stake in Tyson Foods by 1.1% during the first quarter. LS Investment Advisors LLC now owns 17,066 shares of the company’s stock worth $1,185,000 after acquiring an additional 181 shares in the last quarter. 71.36% of the stock is currently owned by institutional investors.
In other Tyson Foods news, insider Sally Grimes sold 83,490 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $78.00, for a total value of $6,512,220.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Chad Roderick Martin sold 8,233 shares of the firm’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $62.36, for a total transaction of $513,409.88. The disclosure for this sale can be found here. Insiders sold 178,656 shares of company stock worth $13,866,705 over the last ninety days. Insiders own 1.69% of the company’s stock.
Tyson Foods stock opened at $82.49 on Friday. Tyson Foods, Inc. has a 1-year low of $49.77 and a 1-year high of $83.36. The firm has a market capitalization of $30.11 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.54 and a beta of 0.51. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.54 and a current ratio of 1.38.
Tyson Foods (NYSE:TSN) last released its quarterly earnings data on Monday, May 6th. The company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.08. Tyson Foods had a net margin of 5.05% and a return on equity of 16.53%. The firm had revenue of $10.44 billion for the quarter, compared to analyst estimates of $10.25 billion. During the same period last year, the firm earned $1.27 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. Equities research analysts predict that Tyson Foods, Inc. will post 5.95 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Friday, August 30th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Thursday, August 29th. Tyson Foods’s dividend payout ratio (DPR) is 24.35%.
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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: 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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