Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its position in Tyson Foods, Inc. (NYSE:TSN - Free Report) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 219,454 shares of the company's stock after selling 7,672 shares during the period. Leeward Investments LLC MA owned 0.06% of Tyson Foods worth $14,003,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Norges Bank bought a new position in Tyson Foods in the 4th quarter worth approximately $175,086,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Tyson Foods by 83.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,211,722 shares of the company's stock worth $69,601,000 after purchasing an additional 551,530 shares during the period. GAMMA Investing LLC increased its stake in shares of Tyson Foods by 5,809.7% during the first quarter. GAMMA Investing LLC now owns 461,665 shares of the company's stock valued at $29,459,000 after buying an additional 453,853 shares during the period. Two Sigma Advisers LP grew its holdings in shares of Tyson Foods by 40.1% during the 4th quarter. Two Sigma Advisers LP now owns 1,370,500 shares of the company's stock worth $78,722,000 after acquiring an additional 392,200 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Tyson Foods in the 4th quarter worth about $22,059,000. 67.00% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TSN has been the topic of several research reports. JPMorgan Chase & Co. dropped their price objective on shares of Tyson Foods from $63.00 to $61.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Stephens dropped their price target on shares of Tyson Foods from $63.00 to $61.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Citigroup boosted their price target on shares of Tyson Foods from $59.00 to $60.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 15th. Wall Street Zen lowered Tyson Foods from a "buy" rating to a "hold" rating in a research report on Tuesday, May 6th. Finally, The Goldman Sachs Group initiated coverage on shares of Tyson Foods in a research note on Monday, June 23rd. They set a "buy" rating and a $67.00 price target for the company. Ten analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $63.11.

Tyson Foods Stock Down 0.9%

Shares of TSN stock traded down $0.52 during mid-day trading on Friday, hitting $56.93. 1,483,645 shares of the stock traded hands, compared to its average volume of 2,435,509. Tyson Foods, Inc. has a 52-week low of $54.01 and a 52-week high of $66.88. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.67 and a quick ratio of 0.69. The stock has a market cap of $20.28 billion, a P/E ratio of 22.15, a P/E/G ratio of 0.75 and a beta of 0.59. The stock's fifty day moving average is $56.21 and its two-hundred day moving average is $58.02.

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

Tyson Foods Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 12th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, August 29th. Tyson Foods's payout ratio is currently 77.82%.

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.