November 25, 2016 - By Clifton Ray · 0 Comments
Tyson Foods Inc (NYSE:TSN) institutional sentiment decreased to 0.91 in 2016 Q2. Its down -0.10, from 1.01 in 2016Q1. The ratio is negative, as 275 institutional investors started new and increased holdings, while 273 sold and reduced their positions in Tyson Foods Inc. The institutional investors in our partner’s database now hold: 265.50 million shares, down from 271.31 million shares in 2016Q1. Also, the number of institutional investors holding Tyson Foods Inc in their top 10 holdings increased from 14 to 17 for an increase of 3. Sold All: 55 Reduced: 218 Increased: 212 New Position: 63.
Tyson Foods, Inc. is a food company
The stock increased 1.69% or $0.99 during the last trading session, hitting $59.65. About 2.78M shares traded hands. Tyson Foods, Inc. (NYSE:TSN) has declined 6.99% since April 22, 2016 and is downtrending. It has underperformed by 12.40% the S&P500.
Analysts await Tyson Foods, Inc. (NYSE:TSN) to report earnings on February, 3. They expect $1.33 earnings per share, up 15.65% or $0.18 from last year’s $1.15 per share. TSN’s profit will be $477.15M for 11.21 P/E if the $1.33 EPS becomes a reality. After $0.96 actual earnings per share reported by Tyson Foods, Inc. for the previous quarter, Wall Street now forecasts 38.54% EPS growth.
According to Zacks Investment Research, “Tyson Foods, Inc. is the world’s largest fully-integrated producer, processor and marketer of chicken and poultry-based food products. Tyson is a comprehensive supplier of value-added chicken products through food service, retail grocery stores, club stores and international distribution channels. Although its core business is chicken, in the United States Tyson is also the second largest maker of corn and flour tortillas under the Mexican Original brand and through its subsidiary Cobb Vantress, the top chicken breeding stock supplier.”
Tpg holds 8.61% of its portfolio in Tyson Foods, Inc. for 893,654 shares. Iridian Asset Management Llc Ct owns 7.18 million shares or 4.44% of their US portfolio. Moreover, Forester Capital Management Ltd has 3.41% invested in the company for 54,990 shares. The Virginia-based Chase Investment Counsel Corp has invested 3.27% in the stock. Leonetti & Associates Llc, a Illinois-based fund reported 162,950 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 10 insider sales for $59.66 million net activity.
Ratings analysis reveals 57% of Tyson Foods Inc.’s analysts are positive. Out of 7 Wall Street analysts rating Tyson Foods Inc., 4 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $40 while the high is $82. The stock’s average target of $64.50 is 8.13% above today’s ($59.65) share price. TSN was included in 22 notes of analysts from August 5, 2015. The firm earned “Buy” rating on Thursday, April 21 by Argus Research. RBC Capital Markets maintained the shares of TSN in a report on Tuesday, November 24 with “Outperform” rating. The stock of Tyson Foods, Inc. (NYSE:TSN) earned “Market Perform” rating by BMO Capital Markets on Monday, June 6. The company was downgraded on Thursday, August 6 by Zacks. On Friday, October 9 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm earned “Outperform” rating on Tuesday, October 11 by BMO Capital Markets. The company was upgraded on Monday, October 10 by CLSA. As per Tuesday, January 5, the company rating was downgraded by RBC Capital Markets. The stock of Tyson Foods, Inc. (NYSE:TSN) has “Outperform” rating given on Tuesday, August 2 by CLSA. The firm has “Buy” rating given on Wednesday, July 27 by Jefferies.
Tyson Foods, Inc., incorporated on January 31, 1986, is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Firm offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands. The Firm operates through four divisions: Chicken, Beef, Pork and Prepared Foods. It operates a vertically integrated chicken production process, which consists of breeding stock, contract growers, feed production, processing, further-processing, marketing and transportation of chicken and related allied products, including animal and pet food ingredients. Through its subsidiary, Cobb-Vantress, Inc. (Cobb), the Company is engaged in supplying poultry breeding stock across the world. It produces a range of fresh, frozen and refrigerated food products.
More notable recent Tyson Foods, Inc. (NYSE:TSN) news were published by: Reuters.com which released: “Tyson Foods shares dive on CEO departure, dim 2017 forecast” on November 21, 2016, also Businesswire.com with their article: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Tyson Foods …” published on November 25, 2016, Investorplace.com published: “Why Tyson Foods, Inc. (TSN), Canadian Solar Inc. (CSIQ) and Energy Transfer …” on November 21, 2016. More interesting news about Tyson Foods, Inc. (NYSE:TSN) were released by: Seekingalpha.com and their article: “Tyson Foods: A Steal Or A Falling Knife?” published on November 22, 2016 as well as Forbes.com‘s news article titled: “Relative Strength Alert For Tyson Foods” with publication date: November 21, 2016.
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By Clifton Ray