TD Asset Management Inc. increased its stake in Sysco Corporation (NYSE:SYY) by 17.4% in the third quarter, purchasing 32,729 shares to hold a total of 220,401 shares valued at approximately $18.15 million. While institutional investors are increasing their positions, some insiders, including EVP Ronald L. Phillips and Director Sheila Talton, have recently sold shares. Sysco has also declared a quarterly dividend of $0.54 per share, and analysts maintain a “Moderate Buy” rating with an average price target of $90.31 for the stock.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
TD Asset Management Inc Buys 32,729 Shares of Sysco Corporation $SYY
TD Asset Management Inc. increased its stake in Sysco Corporation (NYSE:SYY) by 17.4% in the third quarter, purchasing 32,729 shares to hold a total of 220,401 shares valued at approximately $18.15 million. While institutional investors are increasing their positions, some insiders, including EVP Ronald L. Phillips and Director Sheila Talton, have recently sold shares. Sysco has also declared a quarterly dividend of $0.54 per share, and analysts maintain a “Moderate Buy” rating with an average price target of $90.31 for the stock.