Tyson Foods INC (TSN) Position Maintained by Tpg-Axon Management Lp

Lloyd Doyle
November 28, 2017

News headlines about Tyson Foods (NYSE:TSN) have trended somewhat positive this week, Accern Sentiment reports. Analysts expect Tyson Foods to earn $6.06 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 19.8%. Jefferies Group has a "Buy" rating and a $85.00 price target on the stock. Zacks Investment Research downgraded Tyson Foods from a "buy" rating to a "hold" rating in a research report on Wednesday, August 2nd.

Several equities research analysts have commented on the stock.

Ratings analysis reveals 57% of Tyson Foods Inc.'s analysts are positive. The rating was maintained by Credit Suisse on Monday, October 2 with "Neutral". They noted that the move was a valuation call. BidaskClub cut shares of Tyson Foods from a "buy" rating to a "hold" rating in a research note on Saturday, August 26th.

Facebook, Inc. ((NASDAQ:FB)) shares ended at $182.78 with 9.43 mln shares exchanging hands. The firm earned "Buy" rating on Wednesday, August 30 by Jefferies. Tyson Foods now has an average rating of "Buy" and an average target price of $73.71. Credit Suisse maintained Tyson Foods, Inc. The company has market cap of $29.89 billion. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.75 and a current ratio of 1.55. Tyson Foods has a 52-week low of $55.94 and a 52-week high of $80.61. Tyson Foods, Inc. (NYSE:TSN) has declined 9.94% since November 27, 2016 and is downtrending. Palisade Cap Management Limited Liability Corp Nj invested in 3,500 shares or 0.01% of the stock. The volume of TSN witnessed a shift from 1.1 million shares, based on a 50-day average, to 2.29 million shares. During the same period in the previous year, the company posted $0.96 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, February 28th. (NYSE:TSN). Wells Fargo Com Mn accumulated 1.76 million shares or 0.04% of the stock. Menora Mivtachim Holdings LTD. purchased a new stake in shares of Tyson Foods during the fourth quarter worth approximately $130,000. (NYSE:TSN). Alliancebernstein Limited Partnership has invested 0.23% in Tyson Foods, Inc.


In related news, insider Scott Rouse sold 1,000 shares of the business's stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $77.26, for a total transaction of $77,260.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock has "Buy" rating by Jefferies on Tuesday, October 3. The shares were sold at an average price of $62.44, for a total transaction of $7,285,374.32. The disclosure for this sale can be found here. Lumbard & Kellner LLC now owns 39,875 shares of the company's stock valued at $2,497,000 after acquiring an additional 150 shares in the last quarter.

Large investors have recently modified their holdings of the company.

For more information about research offerings from Zacks Investment Research, visit Zacks.com Receive News & Ratings for Tyson Foods Inc. Financial Architects Inc now owns 2,170 shares of the company's stock worth $162,000 after buying an additional 332 shares during the period. CrestPoint Capital Management LLC raised its holdings in Tyson Foods by 0.5% in the second quarter. Wilsey Asset Management Inc owns 137,692 shares or 6.25% of their United States portfolio. Koch Industries Inc. now owns 776,858 shares of the company's stock worth $765,000 after purchasing an additional 771,294 shares during the period. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of Tyson Foods during the second quarter valued at about $7,990,000.

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Tyson Foods, Inc. (TSN) opened the session with a $79.68 price tag, later ranging from $79.64 to $80.61, the range at which the stock has traded at throughout the day.

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