T. Rowe Price Equity Income Fund reduced stake in Tyson Foods Inc
Jan 11, 2021
On the 31st of December, the T. Rowe Price Equity Income Fund sold 11 million Tyson Foods Inc (NYSE:TSN) shares for $687 million at an average price of $64.44 per share. Shares of Tyson Foods Inc are down -0.64% since the transaction.
The T. Rowe Price Equity Income Fund's holding in Tyson Foods Inc decreased to about 15 million shares with the transaction.
The T. Rowe Price Equity Income Fund first bought Tyson Foods Inc stock in the first quarter of 2001. The T. Rowe Price Equity Income Fund also owns Bunge Ltd (NYSE:BG), ConAgra Foods Inc (NYSE:CAG), TreeHouse Foods Inc. (NYSE:THS) and Flowers Foods (NYSE:FLO). Tyson Foods Inc is its number two position by number of shares and market value among food products stocks.
Other investors who also reduced their Tyson Foods Inc shares include California State Teachers Retirement System, Capital One Financial Corp (NYSE:COF), and Citigroup (NYSE:C). In contrast, Bridgewater Associates, Eaton Vance (NYSE:EV) Management, and Fisher Asset Management added to TSN shares, while First Dallas Securities, NWQ Investment Management Co., and Point72 Asset Management established new holdings in Tyson Foods Inc...
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