Assenagon Asset Administration S.A. diminished its place in Tyson Meals, Inc. (NYSE:TSN – Free Report) by 9.7% through the third quarter, Holdings Channel studies. The institutional investor owned 744,986 shares of the corporate’s inventory after promoting 79,578 shares through the quarter. Assenagon Asset Administration S.A.’s holdings in Tyson Meals had been price $44,371,000 as of its most up-to-date SEC submitting.
Different institutional traders and hedge funds have additionally just lately modified their holdings of the corporate. Worth T Rowe Associates Inc. MD boosted its stake in Tyson Meals by 0.9% within the first quarter. Worth T Rowe Associates Inc. MD now owns 13,697,401 shares of the corporate’s inventory valued at $804,450,000 after buying an extra 128,274 shares within the final quarter. Pzena Funding Administration LLC grew its stake in Tyson Meals by 18.4% through the 2nd quarter. Pzena Funding Administration LLC now owns 12,489,564 shares of the corporate’s inventory price $713,654,000 after shopping for an extra 1,939,508 shares over the past quarter. Davis Chosen Advisers bought a brand new stake in Tyson Meals within the second quarter valued at about $177,439,000. Jacobs Levy Fairness Administration Inc. boosted its holdings in Tyson Meals by 5.1% within the first quarter. Jacobs Levy Fairness Administration Inc. now owns 1,894,219 shares of the corporate’s inventory price $111,247,000 after buying an extra 91,627 shares within the final quarter. Lastly, Van ECK Associates Corp grew its stake in shares of Tyson Meals by 45.5% through the second quarter. Van ECK Associates Corp now owns 1,274,741 shares of the corporate’s inventory price $72,839,000 after buying an extra 398,404 shares over the past quarter. Hedge funds and different institutional traders personal 67.00% of the corporate’s inventory.
Tyson Meals Inventory Up 0.3 %
Tyson Meals inventory opened at $59.03 on Friday. The enterprise’s 50-day shifting common worth is $61.41 and its 200 day shifting common worth is $59.70. The corporate has a fast ratio of 0.95, a present ratio of 1.82 and a debt-to-equity ratio of 0.53. The agency has a market cap of $21.00 billion, a price-to-earnings ratio of -983.83, a price-to-earnings-growth ratio of 0.38 and a beta of 0.78. Tyson Meals, Inc. has a 52 week low of $45.08 and a 52 week excessive of $66.88.
Tyson Meals (NYSE:TSN – Get Free Report) final issued its quarterly earnings knowledge on Monday, August fifth. The corporate reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.22. Tyson Meals had a adverse web margin of 0.01% and a optimistic return on fairness of 4.97%. The enterprise had income of $13.35 billion for the quarter, in comparison with analysts’ expectations of $13.21 billion. Throughout the identical quarter final 12 months, the corporate earned $0.15 EPS. The enterprise’s income was up 1.6% on a year-over-year foundation. As a bunch, sell-side analysts anticipate that Tyson Meals, Inc. will put up 2.82 earnings per share for the present 12 months.
Tyson Meals Dividend Announcement
The corporate additionally just lately introduced a quarterly dividend, which might be paid on Friday, December thirteenth. Stockholders of document on Friday, November twenty ninth might be paid a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a dividend yield of three.32%. The ex-dividend date is Friday, November twenty ninth. Tyson Meals’s payout ratio is presently -3,266.67%.
Analyst Rankings Modifications
A number of analysts have weighed in on TSN shares. JPMorgan Chase & Co. boosted their goal worth on shares of Tyson Meals from $61.00 to $63.00 and gave the inventory a “impartial” ranking in a analysis report on Tuesday, August sixth. Financial institution of America reduce their goal worth on Tyson Meals from $65.00 to $62.00 and set a “impartial” ranking on the inventory in a analysis report on Tuesday, October fifteenth. StockNews.com raised Tyson Meals from a “maintain” ranking to a “purchase” ranking in a analysis report on Tuesday, August sixth. Barclays elevated their worth goal on Tyson Meals from $72.00 to $76.00 and gave the corporate an “chubby” ranking in a report on Monday, September ninth. Lastly, BMO Capital Markets lifted their goal worth on Tyson Meals from $58.00 to $60.00 and gave the inventory a “market carry out” ranking in a report on Tuesday, August sixth. Two funding analysts have rated the inventory with a promote ranking, six have assigned a maintain ranking and two have given a purchase ranking to the corporate’s inventory. In accordance with MarketBeat.com, the corporate has a mean ranking of “Maintain” and a consensus worth goal of $59.22.
Learn Our Newest Analysis Report on Tyson Meals
Tyson Meals Firm Profile
Tyson Meals, Inc, along with its subsidiaries, operates as a meals firm worldwide. It operates by way of 4 segments: Beef, Pork, Hen, and Ready Meals. The corporate processes reside fed cattle and hogs; fabricates dressed beef and pork carcasses into primal and sub-primal meat cuts, in addition to case prepared beef and pork, and absolutely cooked meats; raises and processes chickens into recent, frozen, and value-added rooster merchandise, together with breaded rooster strips, nuggets, patties, and different ready-to-fix or absolutely cooked rooster components; and provides poultry breeding inventory.
Featured Tales
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