Tyson Foods, Inc. (NYSE:TSN) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its holdings in shares of Tyson Foods, Inc. (NYSE:TSN - Free Report) by 21.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,773 shares of the company's stock after selling 18,613 shares during the period. Nisa Investment Advisors LLC's holdings in Tyson Foods were worth $3,643,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of TSN. Sugarloaf Wealth Management LLC boosted its position in Tyson Foods by 74.7% in the third quarter. Sugarloaf Wealth Management LLC now owns 594 shares of the company's stock worth $30,000 after purchasing an additional 254 shares during the last quarter. Manchester Capital Management LLC boosted its position in Tyson Foods by 501.9% in the third quarter. Manchester Capital Management LLC now owns 620 shares of the company's stock worth $31,000 after purchasing an additional 517 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Tyson Foods by 47.4% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 647 shares of the company's stock worth $35,000 after purchasing an additional 208 shares during the last quarter. Lindbrook Capital LLC boosted its position in Tyson Foods by 306.8% in the third quarter. Lindbrook Capital LLC now owns 716 shares of the company's stock worth $36,000 after purchasing an additional 540 shares during the last quarter. Finally, First Financial Corp IN purchased a new position in Tyson Foods in the third quarter worth about $39,000. 67.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TSN shares. Stephens reaffirmed an "overweight" rating and issued a $70.00 price objective on shares of Tyson Foods in a research note on Tuesday, February 6th. Barclays raised their price objective on Tyson Foods from $50.00 to $53.00 and gave the stock an "underweight" rating in a research note on Tuesday, February 6th. Bank of America raised Tyson Foods from an "underperform" rating to a "neutral" rating and raised their price objective for the stock from $47.00 to $62.00 in a research note on Tuesday, February 6th. StockNews.com raised Tyson Foods from a "sell" rating to a "hold" rating in a research note on Monday, January 22nd. Finally, BMO Capital Markets raised their price objective on Tyson Foods from $52.00 to $55.00 and gave the stock a "market perform" rating in a research note on Tuesday, February 6th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $58.20.

Tyson Foods Price Performance

TSN traded down $1.56 on Friday, hitting $57.78. 1,331,216 shares of the company's stock traded hands, compared to its average volume of 2,929,247. The company has a current ratio of 1.49, a quick ratio of 0.67 and a debt-to-equity ratio of 0.46. Tyson Foods, Inc. has a one year low of $44.94 and a one year high of $63.28. The company's 50 day simple moving average is $55.71 and its 200-day simple moving average is $52.15. The firm has a market cap of $20.59 billion, a price-to-earnings ratio of -23.39, a P/E/G ratio of 0.46 and a beta of 0.77.

Tyson Foods (NYSE:TSN - Get Free Report) last released its quarterly earnings data on Monday, February 5th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $13.32 billion for the quarter, compared to the consensus estimate of $13.34 billion. During the same quarter in the previous year, the company posted $0.85 EPS. The company's revenue was up .4% compared to the same quarter last year. As a group, research analysts anticipate that Tyson Foods, Inc. will post 2.35 EPS for the current year.

Tyson Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 14th. Shareholders of record on Friday, May 31st will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date of this dividend is Friday, May 31st. Tyson Foods's payout ratio is -79.35%.

Insiders Place Their Bets

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 value of $483,750.00. Following the completion of the transaction, the director now owns 31,115 shares in the company, valued at approximately $1,672,431.25. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 2.05% of the company's stock.

Tyson Foods 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.