S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
Log in

Tyson Foods, Inc. (NYSE:TSN) Short Interest Down 16.8% in October

Last updated on Saturday, November 21, 2020 | 2020 MarketBeat

Tyson Foods, Inc. (NYSE:TSN) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totalling 4,400,000 shares, a decline of 16.8% from the October 15th total of 5,290,000 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,420,000 shares, the short-interest ratio is presently 1.8 days.

Several institutional investors have recently modified their holdings of TSN. FDx Advisors Inc. lifted its stake in shares of Tyson Foods by 9.1% in the second quarter. FDx Advisors Inc. now owns 7,715 shares of the company's stock worth $461,000 after buying an additional 641 shares during the last quarter. Cerebellum GP LLC acquired a new position in Tyson Foods during the 2nd quarter valued at $124,000. Sumitomo Life Insurance Co. raised its stake in Tyson Foods by 109.9% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 19,876 shares of the company's stock valued at $1,187,000 after purchasing an additional 10,408 shares during the last quarter. M&G Investment Management Ltd. raised its stake in Tyson Foods by 13.4% during the 2nd quarter. M&G Investment Management Ltd. now owns 114,716 shares of the company's stock valued at $6,883,000 after purchasing an additional 13,572 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV acquired a new position in Tyson Foods during the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 63.82% of the company's stock.

TSN has been the topic of several research analyst reports. Seaport Global Securities initiated coverage on Tyson Foods in a report on Tuesday, July 28th. They issued a "neutral" rating on the stock. JPMorgan Chase & Co. lifted their price target on shares of Tyson Foods from $63.00 to $70.00 in a research report on Wednesday, August 26th. ValuEngine lowered shares of Tyson Foods from a "hold" rating to a "sell" rating in a research report on Thursday, August 6th. Piper Sandler lifted their price target on shares of Tyson Foods from $63.00 to $70.00 and gave the company a "neutral" rating in a research report on Tuesday. Finally, TheStreet raised shares of Tyson Foods from a "c+" rating to a "b-" rating in a research report on Tuesday, August 25th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. The company currently has an average rating of "Hold" and an average target price of $78.09.

TSN stock traded down $1.60 during trading hours on Friday, hitting $60.74. The company's stock had a trading volume of 2,866,090 shares, compared to its average volume of 3,103,741. The company has a quick ratio of 0.89, a current ratio of 1.80 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $22.17 billion, a PE ratio of 12.22 and a beta of 0.65. Tyson Foods has a 12 month low of $42.57 and a 12 month high of $94.24. The stock has a 50 day moving average price of $59.27 and a two-hundred day moving average price of $60.82.

Tyson Foods (NYSE:TSN) last posted its earnings results on Sunday, November 15th. The company reported $1.81 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.19 by $0.62. Tyson Foods had a net margin of 4.26% and a return on equity of 12.63%. During the same period in the prior year, the business earned $1.21 earnings per share. Sell-side analysts expect that Tyson Foods will post 4.98 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 15th. Stockholders of record on Monday, March 1st will be paid a $0.445 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 2.93%. This is a boost from Tyson Foods's previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, February 26th. Tyson Foods's payout ratio is presently 30.77%.

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 live market 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; and raises and processes chickens into fresh, frozen, and value-added chicken products.

See Also: What is a portfolio manager?

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 [email protected]


13 Stocks Institutional Investors Won't Stop Buying

University endowments, pension funds, sovereign wealth funds, hedge funds, and other institutional investors pour money into a group of 13 elite stocks.

These institutional investors don't get easily swayed by hot stocks that are popular with retail investors. You probably won't see a Tesla or a SnapChat in this group because institutional investors know that these "popular kid" stocks almost always aren't great investments. However, you will find some excellent companies on this list backed by real earnings and real fundamentals.

We had to comb through every 13D and 13F filing that institutional investors have filed with the SEC in the last quarter to identify these stocks. After reviewing more than 5,000 filings, we have identified 13 companies that institutional investors have been buying left. Big money investors are pouring hundreds of millions of dollars into these stocks.

View the "13 Stocks Institutional Investors Won't Stop Buying".

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.