23,382 Tyson Foods, Inc. $TSN Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in Tyson Foods, Inc. (NYSE:TSN) by 3.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 588,113 shares of the company’s stock after selling 23,382 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.17% of Tyson Foods worth $29,717,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TSN. Groupama Asset Managment lifted its holdings in Tyson Foods by 1.3% in the 1st quarter. Groupama Asset Managment now owns 12,562 shares of the company’s stock valued at $805,000 after acquiring an additional 159 shares during the last quarter. Unison Advisors LLC grew its stake in shares of Tyson Foods by 0.9% in the 3rd quarter. Unison Advisors LLC now owns 27,608 shares of the company’s stock worth $1,395,000 after purchasing an additional 240 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in shares of Tyson Foods by 22.3% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,323 shares of the company’s stock worth $67,000 after purchasing an additional 241 shares during the last quarter. Rosenberg Matthew Hamilton grew its stake in shares of Tyson Foods by 15.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,995 shares of the company’s stock worth $114,000 after purchasing an additional 260 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Tyson Foods by 1.5% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 19,661 shares of the company’s stock worth $1,126,000 after purchasing an additional 298 shares in the last quarter. Institutional investors own 67.00% of the company’s stock.

Tyson Foods Price Performance

NYSE TSN opened at $60.11 on Friday. The company has a current ratio of 1.43, a quick ratio of 0.55 and a debt-to-equity ratio of 0.36. Tyson Foods, Inc. has a 1 year low of $49.96 and a 1 year high of $69.48. The company has a market cap of $21.15 billion, a PE ratio of 37.10, a PEG ratio of 1.00 and a beta of 0.38. The stock’s 50-day moving average price is $53.79 and its two-hundred day moving average price is $59.53.

Tyson Foods (NYSE:TSN) last announced its earnings results on Monday, August 3rd. The company reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. The company had revenue of $13.87 billion during the quarter, compared to analysts’ expectations of $14.07 billion. Tyson Foods had a net margin of 1.03% and a return on equity of 7.77%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the company posted $0.91 earnings per share. On average, analysts predict that Tyson Foods, Inc. will post 3.49 EPS for the current year.

Analyst Ratings Changes

TSN has been the subject of several recent research reports. BMO Capital Markets cut their target price on shares of Tyson Foods from $75.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday, September 4th. Barclays decreased their price target on shares of Tyson Foods from $78.00 to $75.00 and set an “overweight” rating on the stock in a research report on Friday, September 4th. JPMorgan Chase & Co. raised Tyson Foods from a “neutral” rating to an “overweight” rating and dropped their price target for the company from $65.00 to $63.00 in a report on Friday, September 18th. Zacks Research downgraded Tyson Foods from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 6th. Finally, HSBC reduced their price objective on Tyson Foods from $74.00 to $69.00 and set a “hold” rating for the company in a research note on Wednesday, July 29th. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $66.78.

Tyson Foods Profile

Tyson Foods, Inc is a global food company that produces and markets protein-based food products. Its operations include poultry, beef, pork and prepared foods, serving retail grocery, foodservice and industrial customers.

The company sells products under brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells and State Fair. Its offerings include fresh and frozen meat, deli products, sausages, bacon, prepared meals, snacks and other convenience foods.

Founded in 1935 by John W.