Tyson Foods, Inc. (NYSE:TSN) General Counsel Bebber David L. Van sold 164,348 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $83.26, for a total value of $13,683,614.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Tyson Foods, Inc. (NYSE TSN) traded down $0.06 during mid-day trading on Thursday, hitting $83.29. The company had a trading volume of 1,937,700 shares, compared to its average volume of 2,650,770. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.55 and a quick ratio of 0.75. The firm has a market cap of $30,649.29, a price-to-earnings ratio of 15.70 and a beta of 0.36. Tyson Foods, Inc. has a 1-year low of $57.05 and a 1-year high of $84.65.

Tyson Foods (NYSE:TSN) last posted its earnings results on Monday, November 13th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.38 by $0.05. The business had revenue of $10.15 billion for the quarter, compared to analyst estimates of $9.93 billion. Tyson Foods had a return on equity of 19.64% and a net margin of 4.64%. The firm’s revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.96 EPS. research analysts predict that Tyson Foods, Inc. will post 5.81 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This is a positive change from Tyson Foods’s previous quarterly dividend of $0.23. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.44%. Tyson Foods’s payout ratio is presently 25.05%.

Several research analysts have weighed in on TSN shares. Zacks Investment Research lowered Tyson Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 28th. Argus raised Tyson Foods from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a research report on Wednesday, November 15th. KeyCorp started coverage on Tyson Foods in a research report on Tuesday, October 31st. They set an “overweight” rating and a $82.00 price target on the stock. Jefferies Group set a $85.00 price target on Tyson Foods and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, Morgan Stanley started coverage on Tyson Foods in a research report on Friday, November 3rd. They set an “equal weight” rating and a $76.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Tyson Foods has a consensus rating of “Buy” and a consensus price target of $73.71.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Financial Counselors Inc. boosted its stake in Tyson Foods by 0.3% in the 2nd quarter. Financial Counselors Inc. now owns 4,799 shares of the company’s stock valued at $301,000 after purchasing an additional 15 shares during the period. Lumbard & Kellner LLC boosted its stake in Tyson Foods by 0.4% in the 2nd quarter. Lumbard & Kellner LLC now owns 39,875 shares of the company’s stock valued at $2,497,000 after purchasing an additional 150 shares during the period. Quantum Capital Management boosted its stake in Tyson Foods by 4.3% in the 2nd quarter. Quantum Capital Management now owns 3,863 shares of the company’s stock valued at $242,000 after purchasing an additional 161 shares during the period. Advisor Partners LLC boosted its stake in Tyson Foods by 4.1% in the 2nd quarter. Advisor Partners LLC now owns 5,250 shares of the company’s stock valued at $329,000 after purchasing an additional 206 shares during the period. Finally, Sentry Investment Management LLC boosted its stake in Tyson Foods by 1.0% in the 2nd quarter. Sentry Investment Management LLC now owns 22,219 shares of the company’s stock valued at $1,392,000 after purchasing an additional 229 shares during the period. Institutional investors and hedge funds own 71.57% of the company’s stock.

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Tyson Foods Company Profile

Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Company operates through four segments: Chicken, Beef, Pork and Prepared Foods.

Insider Buying and Selling by Quarter for Tyson Foods (NYSE:TSN)

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