Valeo Monetary Advisors LLC elevated its holdings in shares of Sysco Co. (NYSE:SYY – Free Report) by 19.5% through the third quarter, based on the corporate in its most up-to-date submitting with the Securities and Change Fee (SEC). The agency owned 5,272 shares of the corporate’s inventory after shopping for an extra 860 shares through the interval. Valeo Monetary Advisors LLC’s holdings in Sysco had been price $412,000 on the finish of the newest quarter.
A variety of different institutional traders have additionally not too long ago added to or diminished their stakes within the enterprise. Chicago Companions Funding Group LLC lifted its holdings in shares of Sysco by 1.8% through the fourth quarter. Chicago Companions Funding Group LLC now owns 7,150 shares of the corporate’s inventory price $536,000 after buying an extra 124 shares through the interval. Plimoth Belief Co. LLC grew its place in shares of Sysco by 0.6% within the 2nd quarter. Plimoth Belief Co. LLC now owns 22,547 shares of the corporate’s inventory valued at $1,610,000 after shopping for an extra 139 shares over the last quarter. Meeder Advisory Providers Inc. elevated its stake in shares of Sysco by 1.7% within the first quarter. Meeder Advisory Providers Inc. now owns 8,362 shares of the corporate’s inventory valued at $679,000 after shopping for an extra 141 shares through the interval. Tompkins Monetary Corp raised its place in shares of Sysco by 1.6% through the first quarter. Tompkins Monetary Corp now owns 9,144 shares of the corporate’s inventory price $742,000 after buying an extra 144 shares over the last quarter. Lastly, Moseley Funding Administration Inc. lifted its stake in shares of Sysco by 2.0% within the first quarter. Moseley Funding Administration Inc. now owns 7,322 shares of the corporate’s inventory price $594,000 after buying an extra 145 shares through the interval. 83.41% of the inventory is owned by institutional traders.
Sysco Value Efficiency
Shares of SYY opened at $75.26 on Tuesday. The inventory has a market cap of $36.97 billion, a P/E ratio of 19.35, a P/E/G ratio of 1.92 and a beta of 1.20. The enterprise’s fifty day shifting common is $76.54 and its 200 day shifting common is $74.99. The corporate has a fast ratio of 0.69, a present ratio of 1.20 and a debt-to-equity ratio of 6.19. Sysco Co. has a 12-month low of $63.18 and a 12-month excessive of $82.89.
Sysco (NYSE:SYY – Get Free Report) final posted its earnings outcomes on Tuesday, July thirtieth. The corporate reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. Sysco had a web margin of two.48% and a return on fairness of 102.09%. The corporate had income of $20.56 billion through the quarter, in comparison with the consensus estimate of $20.51 billion. Throughout the identical interval within the earlier 12 months, the agency posted $1.34 earnings per share. The agency’s income for the quarter was up 4.2% on a year-over-year foundation. Promote-side analysts anticipate that Sysco Co. will put up 4.6 earnings per share for the present fiscal 12 months.
Sysco Proclaims Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which will likely be paid on Friday, October twenty fifth. Traders of report on Friday, October 4th will likely be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, October 4th. This represents a $2.04 annualized dividend and a dividend yield of two.71%. Sysco’s payout ratio is 52.44%.
Wall Avenue Analyst Weigh In
A number of analysis companies have issued reviews on SYY. Barclays raised their worth goal on shares of Sysco from $85.00 to $88.00 and gave the inventory an “obese” ranking in a report on Wednesday, July thirty first. StockNews.com raised shares of Sysco from a “purchase” ranking to a “strong-buy” ranking in a analysis report on Wednesday, October 2nd. JPMorgan Chase & Co. lifted their worth goal on Sysco from $85.00 to $88.00 and gave the inventory an “obese” ranking in a analysis report on Monday, September sixteenth. Financial institution of America reduce their goal worth on Sysco from $91.00 to $87.00 and set a “purchase” ranking on the inventory in a analysis report on Thursday, July 18th. Lastly, Morgan Stanley lowered their goal worth on Sysco from $82.00 to $81.00 and set an “equal weight” ranking for the corporate in a report on Tuesday, July sixteenth. Two equities analysis analysts have rated the inventory with a maintain ranking, ten have given a purchase ranking and one has issued a powerful purchase ranking to the corporate’s inventory. Primarily based on information from MarketBeat, Sysco at present has a consensus ranking of “Reasonable Purchase” and a mean worth goal of $86.08.
Examine Out Our Newest Evaluation on SYY
Sysco Profile
Sysco Company, by means of its subsidiaries, engages within the advertising and marketing and distribution of assorted meals and associated merchandise to the foodservice or food-away-from-home business in america, Canada, the UK, France, and internationally. It operates by means of U.S. Foodservice Operations, Worldwide Foodservice Operations, SYGMA, and Different segments.
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