Aptus Capital Advisors LLC is reported to have made a fresh investment in Tyson Foods, Inc. (NYSE: TSN) during the third quarter, as stated in the company’s most recent filing with the Securities and Exchange Commission (SEC). This information is included in the company’s filing, which can be viewed. The institutional investor purchased 18,478 shares of the company’s stock for a total price of approximately $1,218,000.
Over the past few years, several other notable investors have cut back on the amount of stock they own in the company. During the first three months of this year, Vanguard Group Inc. increased the percentage of Tyson Foods stock owned by 6.4%. Vanguard Group Inc. purchased 2,239,235 shares of the company’s stock during the reporting period. This brings the total number of shares owned by the company to 37,179,555, which has a market value of $3,332,404,000. The State Street Corporation increased the percentage of Tyson Foods shares it owned by 1.8% during the first three months of 2018. As a result, State Street Corporation now holds 14,557,461 shares, estimated at $1,304,785,000. This represents an increase of 264,159 shares from the previous quarter’s holdings, which were at the same level as the previous quarter’s. Since the beginning of the second quarter, Northern Trust Corporation has raised the percentage of Tyson Foods stock it owns to 1.9% from where it was previously. Following the acquisition of 97,761 additional shares of the company’s stock during the most recent fiscal quarter, Northern Trust Corp. now holds 5,217,416 shares of the company’s stock. There is a value of $449,012,000 attached to these shares. During the third quarter, Victory Capital Management Inc. increased 11.8% in the proportion of Tyson Foods stock owned by the company. In the most recent quarter, Victory Capital Management Inc. bought an additional 549,088 shares, bringing its total number to 5,198,275. These shares have a combined value of $342,723,000, and the company now has 5,198,275 shares of its stock. And finally, during the first three months of this year, the investment portfolio managed by Charles Schwab Investment Management Inc. included 7.4% of Tyson Foods. Charles Schwab Investment Management Inc. now has 5,015,192 shares after purchasing an additional 343,410 in the most recent quarter. The value of these shares is estimated to be $449,512,000. Institutional investors and hedge funds own a combined total of 66.64% of the company’s outstanding stock.
The stock NYSE: TSN started the trading day on Wednesday at $65.36. As this article is being written, Tyson Foods, Inc. shares are trading somewhere between their 52-week low of $59.38 and their 52-week high of $100.72. They have traded the most in the past 52 weeks at $100.72. The moving average of the company’s stock price over the past 50 days is $64.35; the moving average over the past 200 days is $71.41. The values are a debt-to-equity ratio of 0.40, a current ratio of 1.81, and a quick ratio of 0.77. The company’s current market capitalization is $23.50 billion, the PE ratio of the stock is 7.33, and the company has a beta value of 0.70.
Monday, November 14, saw the release of the most recent quarterly earnings report that Tyson Foods (NYSE: TSN) has made public. The company disseminated this report. The company reported $1.63 per share earnings for the quarter, which was $0.07 less than the consensus estimate of $1.70 that analysts provided. Tyson Foods had a return on equity of 16.62 percent, and the company’s net margin was 6.08%. Both of these figures are percentages. The company brought in revenue during the quarter that was significantly higher than the analysts’ projections of $13.49 billion, which came in at a total of $13.74 billion. The company generated earnings of $2.30 per share during the same period in the prior year’s accounting period. The company’s quarterly revenue was up by 7.2% compared to the same period the previous year. Analysts in this sector forecast that Tyson Foods, Inc. will generate $6.36 per share earnings during the current fiscal year.
In addition, the company has announced that it will be distributing a quarterly dividend on March 15 of this year. The company has declared the dividend. On March 1, dividends for $0.48 will be distributed to shareholders currently on record. This results in a dividend payment of $1.92 when calculated annually, with a dividend yield of 2.94%. The amount of the quarterly dividend paid out by Tyson Foods has been increased, and it now comes to $0.46 per share. On February 28, a decision will be made regarding whether or not this dividend will be distributed to shareholders. A dividend payout ratio (DPR) of 21.52 percent has been determined for Tyson Foods.
Several industry analysts have compiled recent reports on the TSN stock and published them.
On Monday, December 12, Sanford C. Bernstein lowered their price target.