Achmea Investment Management B.V. Has $4.87 Million Stake in Tyson Foods, Inc. (NYSE:TSN)

Achmea Investment Management B.V. grew its holdings in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 24.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,332 shares of the company's stock after purchasing an additional 14,857 shares during the period. Achmea Investment Management B.V.'s holdings in Tyson Foods were worth $4,871,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Philip James Wealth Mangement LLC acquired a new position in shares of Tyson Foods in the 1st quarter valued at about $215,000. Artemis Investment Management LLP acquired a new position in shares of Tyson Foods in the 1st quarter valued at about $5,096,000. Illinois Municipal Retirement Fund increased its holdings in shares of Tyson Foods by 6.6% in the 1st quarter. Illinois Municipal Retirement Fund now owns 208,376 shares of the company's stock valued at $13,296,000 after purchasing an additional 12,858 shares during the period. Diversified Trust Co increased its holdings in shares of Tyson Foods by 5.7% in the 1st quarter. Diversified Trust Co now owns 14,852 shares of the company's stock valued at $948,000 after purchasing an additional 806 shares during the period. Finally, Sequoia Financial Advisors LLC increased its holdings in shares of Tyson Foods by 8.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 9,922 shares of the company's stock valued at $633,000 after purchasing an additional 772 shares during the period. Institutional investors and hedge funds own 67.00% of the company's stock.

Tyson Foods Trading Up 0.4%

Shares of TSN stock opened at $55.24 on Friday. Tyson Foods, Inc. has a 12 month low of $54.01 and a 12 month high of $66.88. The company has a quick ratio of 0.69, a current ratio of 1.67 and a debt-to-equity ratio of 0.44. The business's 50 day moving average is $56.57 and its two-hundred day moving average is $58.10. The company has a market cap of $19.68 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 0.72 and a beta of 0.60.

Tyson Foods (NYSE:TSN - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.85 by $0.07. Tyson Foods had a return on equity of 7.43% and a net margin of 1.70%. The company had revenue of $13.07 billion for the quarter, compared to the consensus estimate of $13.15 billion. During the same quarter last year, the company posted $0.62 earnings per share. The company's revenue for the quarter was up .0% compared to the same quarter last year. Equities analysts predict that Tyson Foods, Inc. will post 3.8 EPS for the current year.

Tyson Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 29th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Friday, August 29th. Tyson Foods's dividend payout ratio (DPR) is presently 77.82%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Stephens dropped their price objective on Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating on the stock in a report on Tuesday, May 6th. JPMorgan Chase & Co. dropped their price objective on Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a report on Tuesday, May 6th. The Goldman Sachs Group assumed coverage on Tyson Foods in a report on Monday, June 23rd. They issued a "buy" rating and a $67.00 price objective on the stock. Citigroup increased their price objective on Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a report on Tuesday, April 15th. Finally, Wall Street Zen downgraded Tyson Foods from a "buy" rating to a "hold" rating in a report on Tuesday, May 6th. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $63.11.

About Tyson Foods

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.

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