Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lowered its stake in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 35.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 199,631 shares of the company's stock after selling 108,517 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.06% of Tyson Foods worth $12,738,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Tyson Foods by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 35,714,357 shares of the company's stock valued at $2,051,433,000 after acquiring an additional 325,361 shares during the last quarter. Geode Capital Management LLC boosted its stake in Tyson Foods by 2.6% during the fourth quarter. Geode Capital Management LLC now owns 6,994,356 shares of the company's stock worth $400,712,000 after buying an additional 178,785 shares during the period. Northern Trust Corp raised its stake in shares of Tyson Foods by 2.6% in the 4th quarter. Northern Trust Corp now owns 4,700,796 shares of the company's stock valued at $270,014,000 after acquiring an additional 118,402 shares during the period. Norges Bank acquired a new position in shares of Tyson Foods in the 4th quarter worth approximately $175,086,000. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Tyson Foods by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,456,740 shares of the company's stock worth $141,115,000 after purchasing an additional 98,799 shares during the period. Institutional investors and hedge funds own 67.00% of the company's stock.

Tyson Foods Stock Up 0.4%

Tyson Foods stock opened at $55.24 on Friday. The company has a market capitalization of $19.68 billion, a P/E ratio of 21.49, a PEG ratio of 0.72 and a beta of 0.60. Tyson Foods, Inc. has a fifty-two week low of $54.01 and a fifty-two week high of $66.88. The stock has a 50-day simple moving average of $56.57 and a 200-day simple moving average of $58.10. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.69 and a current ratio of 1.67.

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 analysts' consensus estimates of $0.85 by $0.07. Tyson Foods had a net margin of 1.70% and a return on equity of 7.43%. The firm had revenue of $13.07 billion during the quarter, compared to analysts' expectations of $13.15 billion. During the same quarter in the prior year, the business earned $0.62 EPS. Tyson Foods's quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts expect that Tyson Foods, Inc. will post 3.8 earnings per share for the current year.

Tyson Foods Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, August 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.62%. Tyson Foods's dividend payout ratio (DPR) is 77.82%.

Analyst Upgrades and Downgrades

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.