Afam Capital Inc. Has $4.62 Million Holdings in Tyson Foods, Inc. (TSN)

Afam Capital Inc. grew its position in shares of Tyson Foods, Inc. (NYSE:TSN) by 4.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,835 shares of the company’s stock after purchasing an additional 3,367 shares during the quarter. Afam Capital Inc.’s holdings in Tyson Foods were worth $4,624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TSN. Sun Life Financial INC increased its stake in shares of Tyson Foods by 21,000.0% in the 2nd quarter. Sun Life Financial INC now owns 2,110 shares of the company’s stock valued at $132,000 after acquiring an additional 2,100 shares in the last quarter. Washington Trust Bank increased its stake in shares of Tyson Foods by 60.0% in the 2nd quarter. Washington Trust Bank now owns 2,240 shares of the company’s stock valued at $140,000 after acquiring an additional 840 shares in the last quarter. Independent Portfolio Consultants Inc. increased its stake in shares of Tyson Foods by 146.7% in the 2nd quarter. Independent Portfolio Consultants Inc. now owns 2,282 shares of the company’s stock valued at $143,000 after acquiring an additional 1,357 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Tyson Foods by 17.0% in the 2nd quarter. IFP Advisors Inc now owns 2,470 shares of the company’s stock valued at $155,000 after acquiring an additional 359 shares in the last quarter. Finally, IHT Wealth Management LLC increased its stake in shares of Tyson Foods by 62.9% in the 1st quarter. IHT Wealth Management LLC now owns 2,850 shares of the company’s stock valued at $177,000 after acquiring an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 71.89% of the company’s stock.

TSN has been the subject of several research analyst reports. BidaskClub lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co lifted their price objective on shares of Tyson Foods from $62.00 to $67.00 and gave the company a “neutral” rating in a research note on Monday, June 26th. Mizuho reiterated a “buy” rating and issued a $71.00 price objective on shares of Tyson Foods in a research note on Monday, July 10th. Pivotal Research reiterated a “sell” rating and issued a $40.00 price objective on shares of Tyson Foods in a research note on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $72.96.

In related news, Director Mikel A. Durham purchased 2,809 shares of Tyson Foods stock in a transaction dated Monday, August 14th. The stock was purchased at an average cost of $65.77 per share, for a total transaction of $184,747.93. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Dennis Leatherby sold 145,100 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $65.97, for a total value of $9,572,247.00. The disclosure for this sale can be found here. 2.65% of the stock is owned by company insiders.

Shares of Tyson Foods, Inc. (TSN) traded down 0.83% during mid-day trading on Friday, reaching $70.21. 1,145,275 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $66.95 and a 200 day moving average of $63.17. The firm has a market capitalization of $25.76 billion, a P/E ratio of 14.80 and a beta of 0.28. Tyson Foods, Inc. has a one year low of $55.72 and a one year high of $72.36.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, August 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.10. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The firm had revenue of $9.85 billion during the quarter, compared to the consensus estimate of $9.49 billion. During the same period last year, the company earned $1.21 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. On average, analysts forecast that Tyson Foods, Inc. will post $5.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.90 annualized dividend and a dividend yield of 1.28%. T

A number of other institutional investors have also recently added to or reduced their stakes in TSN. Sun Life Financial INC increased its stake in shares of Tyson Foods by 21,000.0% in the 2nd quarter. Sun Life Financial INC now owns 2,110 shares of the company’s stock valued at $132,000 after acquiring an additional 2,100 shares in the last quarter. Washington Trust Bank increased its stake in shares of Tyson Foods by 60.0% in the 2nd quarter. Washington Trust Bank now owns 2,240 shares of the company’s stock valued at $140,000 after acquiring an additional 840 shares in the last quarter. Independent Portfolio Consultants Inc. increased its stake in shares of Tyson Foods by 146.7% in the 2nd quarter. Independent Portfolio Consultants Inc. now owns 2,282 shares of the company’s stock valued at $143,000 after acquiring an additional 1,357 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Tyson Foods by 17.0% in the 2nd quarter. IFP Advisors Inc now owns 2,470 shares of the company’s stock valued at $155,000 after acquiring an additional 359 shares in the last quarter. Finally, IHT Wealth Management LLC increased its stake in shares of Tyson Foods by 62.9% in the 1st quarter. IHT Wealth Management LLC now owns 2,850 shares of the company’s stock valued at $177,000 after acquiring an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 71.89% of the company’s stock.

TSN has been the subject of several research analyst reports. BidaskClub lowered shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. J P Morgan Chase & Co lifted their price objective on shares of Tyson Foods from $62.00 to $67.00 and gave the company a “neutral” rating in a research note on Monday, June 26th. Mizuho reiterated a “buy” rating and issued a $71.00 price objective on shares of Tyson Foods in a research note on Monday, July 10th. Pivotal Research reiterated a “sell” rating and issued a $40.00 price objective on shares of Tyson Foods in a research note on Wednesday, July 12th. Finally, Zacks Investment Research upgraded shares of Tyson Foods from a “hold” rating to a “buy” rating and set a $66.00 price objective for the company in a research note on Thursday, July 13th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $72.96.

In related news, Director Mikel A. Durham purchased 2,809 shares of Tyson Foods stock in a transaction dated Monday, August 14th. The stock was purchased at an average cost of $65.77 per share, for a total transaction of $184,747.93. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Dennis Leatherby sold 145,100 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $65.97, for a total value of $9,572,247.00. The disclosure for this sale can be found here. 2.65% of the stock is owned by company insiders.

Shares of Tyson Foods, Inc. (TSN) traded down 0.83% during mid-day trading on Friday, reaching $70.21. 1,145,275 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $66.95 and a 200 day moving average of $63.17. The firm has a market capitalization of $25.76 billion, a P/E ratio of 14.80 and a beta of 0.28. Tyson Foods, Inc. has a one year low of $55.72 and a one year high of $72.36.

Tyson Foods (NYSE:TSN) last issued its quarterly earnings results on Monday, August 7th. The company reported $1.28 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.10. Tyson Foods had a return on equity of 18.44% and a net margin of 4.75%. The firm had revenue of $9.85 billion during the quarter, compared to the consensus estimate of $9.49 billion. During the same period last year, the company earned $1.21 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. On average, analysts forecast that Tyson Foods, Inc. will post $5.21 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $0.225 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.90 annualized dividend and a dividend yield of 1.28%. Tyson Foods’s payout ratio is presently 18.95%.

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Tyson Foods 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.

Institutional Ownership by Quarter for Tyson Foods (NYSE:TSN)

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