Tyson Foods, Inc. (NASDAQ:TSN) To Report Earnings

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Overall these results capped off a strong year for the company with its shares outpacing the USA broad markets. Wolverine Asset Management Limited Liability Corp owns 0.09% invested in Citigroup Inc (NYSE:C) for 104,812 shares. (NYSE:TSN) has "Buy" rating given on Thursday, August 17 by Fundamental Research. Sales during the quarter were $10.2 billion, an increase of almost $1 billion, which includes its purchase of AdvancePierre Foods earlier this year, according to its most recent earnings report. Profit rose less than 1 percent to $395 million, or $1.07 a share, up from $392 million, or $1.03 a share, a year ago. Bank of Montreal Can acquired a new stake in Tyson Foods during the second quarter worth approximately $169,614,000. TIAA FSB bought a new stake in shares of Tyson Foods during the 3rd quarter valued at about $3,813,000. Chicago Equity Partners LLC now owns 466,135 shares of the company's stock worth $31,133,000 after buying an additional 22,485 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its position in shares of Tyson Foods by 5.8% during the 2nd quarter. Tyson Foods' growth is unlikely to abate anytime soon. 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. 2,349,376 shares of the stock were exchanged. Tyson Foods, Inc. has a fifty-two week low of C$55.72 and a fifty-two week high of C$74.30. The stock has a market capitalization of $26,640.00, a PE ratio of 15.32 and a beta of 0.30.

The company's 50-day moving average is $69.03 and its 200-day moving average is $63.88. (NYSE TSN) traded up $1.45 during trading on Monday, hitting $75.59. The biggest holder now is John Tyson who owns 2,408,958 shares (0.67% of those outstanding), whilst Leland E. Tollett holds 1,799,153 (0.50% of shares outstanding) and Greg W. Lee holds 721,641 (0.20% of shares outstanding). Analysts had forecast $9.89 billion in revenue, according to Reuters. The business's revenue was down 12.8% on a year-over-year basis. They expect $1.27 earnings per share, up 11.40% or $0.13 from last year's $1.14 per share. Credit Suisse maintained Tyson Foods, Inc. "We are focused on driving total shareholder return and believe this is the right decision to align our dividend payout to cash flow generation", said General Electric CEO and Chairman John Flannery in a statement. This is a positive change from Tyson Foods's previous quarterly dividend of $0.15. RBC Capital Markets maintained it with "Sector Perform" rating and $60 target in Monday, February 8 report. This represents a $0.90 annualized dividend and a yield of 1.45%. State Board Of Administration Of Florida Retirement Systems holds 0.08% of its portfolio in Tyson Foods, Inc. "(TSN)" was first reported by Week Herald and is owned by of Week Herald. Jefferies Group decreased their price target on shares of Tyson Foods from $85.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, November 22nd. BidaskClub raised shares of Tyson Foods from a "hold" rating to a "buy" rating in a research note on Monday, August 14th. The consensus target price is $76.82 with 5 firms rating the stock a strong buy, 3 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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