Principal Financial Group Inc. Cuts Stake in Tyson Foods, Inc. $TSN

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Principal Financial Group Inc. reduced its stake in Tyson Foods by 4.8% in the third quarter, while institutional ownership overall remains high at 67%. Despite missing EPS estimates, Tyson Foods exceeded revenue expectations and announced a quarterly dividend of $0.51 per share. The company’s stock is currently trading near its 52-week high with a market cap of approximately $23.1 billion.

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