Tyson Foods, Inc. (NYSE:TSN) Stock Position Decreased by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 4.5% in the fourth quarter, Holdings Channel reports. The firm owned 38,278 shares of the company’s stock after selling 1,790 shares during the period. Mutual of America Capital Management LLC’s holdings in Tyson Foods were worth $2,057,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSN. Cantor Fitzgerald Investment Advisor L.P raised its stake in shares of Tyson Foods by 94.9% during the 1st quarter. Cantor Fitzgerald Investment Advisor L.P now owns 317,286 shares of the company’s stock worth $28,439,000 after purchasing an additional 154,507 shares in the last quarter. Markel Corp raised its stake in shares of Tyson Foods by 2.1% in the 1st quarter. Markel Corp now owns 384,500 shares of the company’s stock valued at $34,463,000 after acquiring an additional 8,000 shares in the last quarter. Aviva PLC raised its stake in shares of Tyson Foods by 25.5% in the 1st quarter. Aviva PLC now owns 121,466 shares of the company’s stock valued at $10,887,000 after acquiring an additional 24,669 shares in the last quarter. Prudential PLC bought a new position in shares of Tyson Foods in the 1st quarter valued at approximately $747,000. Finally, Vanguard Group Inc. raised its stake in shares of Tyson Foods by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 37,179,555 shares of the company’s stock valued at $3,332,404,000 after acquiring an additional 2,239,235 shares in the last quarter. 67.00% of the stock is owned by hedge funds and other institutional investors.

Tyson Foods Stock Performance

TSN opened at $59.95 on Friday. Tyson Foods, Inc. has a 12-month low of $44.94 and a 12-month high of $63.28. The firm has a market capitalization of $21.36 billion, a P/E ratio of -24.27, a price-to-earnings-growth ratio of 0.47 and a beta of 0.77. The stock’s 50 day moving average price is $56.12 and its two-hundred day moving average price is $52.47. The company has a quick ratio of 0.67, a current ratio of 1.49 and a debt-to-equity ratio of 0.46.

Tyson Foods (NYSE:TSN) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.28. Tyson Foods had a positive return on equity of 2.23% and a negative net margin of 1.62%. The company had revenue of $13.32 billion for the quarter, compared to analyst estimates of $13.34 billion. During the same quarter last year, the firm earned $0.85 EPS. Tyson Foods’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities analysts forecast that Tyson Foods, Inc. will post 2.33 earnings per share for the current year.

Tyson Foods Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Friday, May 31st. Tyson Foods’s payout ratio is presently -79.35%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. StockNews.com raised Tyson Foods from a “sell” rating to a “hold” rating in a research note on Monday, January 22nd. BMO Capital Markets raised their price objective on Tyson Foods from $52.00 to $55.00 and gave the company a “market perform” rating in a research note on Tuesday, February 6th. Citigroup raised their price objective on Tyson Foods from $57.00 to $62.00 and gave the company a “neutral” rating in a research note on Wednesday, April 3rd. Stephens reissued an “overweight” rating and issued a $70.00 price objective on shares of Tyson Foods in a research note on Tuesday, February 6th. Finally, JPMorgan Chase & Co. raised their price objective on Tyson Foods from $51.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, February 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $58.80.

Insider Transactions at Tyson Foods

In other news, Director Noel W. White sold 9,000 shares of Tyson Foods stock in a transaction that occurred on Tuesday, February 20th. The stock was sold at an average price of $53.75, for a total transaction of $483,750.00. Following the sale, the director now owns 31,115 shares of the company’s stock, valued at approximately $1,672,431.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.05% of the stock is owned by insiders.

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 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; raises and processes chickens into fresh, frozen, and value-added chicken products, including breaded chicken strips, nuggets, patties, and other ready-to-fix or fully cooked chicken parts; and supplies poultry breeding stock.