Hanseatic Management Services Inc. bought a new stake in Tyson Foods, Inc. (NYSE:TSN) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,275 shares of the company’s stock, valued at approximately $590,000.
Several other large investors have also made changes to their positions in the company. Raymond James & Associates raised its holdings in shares of Tyson Foods by 84.5% in the fourth quarter. Raymond James & Associates now owns 140,974 shares of the company’s stock valued at $11,429,000 after buying an additional 64,548 shares during the last quarter. California State Teachers Retirement System raised its holdings in shares of Tyson Foods by 9.1% in the fourth quarter. California State Teachers Retirement System now owns 529,037 shares of the company’s stock valued at $42,889,000 after buying an additional 44,335 shares during the last quarter. Premia Global Advisors LLC purchased a new stake in shares of Tyson Foods in the fourth quarter valued at about $214,000. Stone Ridge Asset Management LLC purchased a new stake in shares of Tyson Foods in the fourth quarter valued at about $1,525,000. Finally, Deutsche Bank AG raised its holdings in shares of Tyson Foods by 14.1% in the fourth quarter. Deutsche Bank AG now owns 1,711,997 shares of the company’s stock valued at $138,786,000 after buying an additional 211,927 shares during the last quarter. 71.37% of the stock is owned by institutional investors and hedge funds.
In other Tyson Foods news, Director Gaurdie E. Jr. Banister sold 7,800 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $75.56, for a total value of $589,368.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jeffrey K. Schomburger purchased 2,700 shares of Tyson Foods stock in a transaction on Friday, February 9th. The stock was acquired at an average cost of $74.83 per share, for a total transaction of $202,041.00. The disclosure for this purchase can be found here. Insiders have sold 86,249 shares of company stock worth $6,976,695 over the last 90 days. 1.55% of the stock is currently owned by company insiders.
Tyson Foods, Inc. (TSN) opened at $75.69 on Monday. The company has a current ratio of 1.51, a quick ratio of 0.70 and a debt-to-equity ratio of 0.74. Tyson Foods, Inc. has a 1 year low of $57.20 and a 1 year high of $84.65. The firm has a market cap of $27,853.92, a PE ratio of 9.96, a price-to-earnings-growth ratio of 1.03 and a beta of 0.20.
Tyson Foods (NYSE:TSN) last issued its earnings results on Thursday, February 8th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.30. Tyson Foods had a net margin of 7.15% and a return on equity of 19.25%. The company had revenue of $10.23 billion for the quarter, compared to analyst estimates of $9.88 billion. During the same period in the prior year, the business posted $1.59 earnings per share. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. equities analysts anticipate that Tyson Foods, Inc. will post 6.68 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, May 31st. This represents a $1.20 annualized dividend and a yield of 1.59%. Tyson Foods’s payout ratio is currently 15.79%.
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Tyson Foods Profile
Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.
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