MAY 24·tickerreport.com→
North Star Asset Management Inc. Decreases Stake in Sysco Corporation $SYY
North Star Asset Management cut its Sysco stake by 44.7% in Q4, selling 61,003 shares to hold 75,605 shares worth $5.571 million, per its latest SEC filing. Sysco reported Q1 EPS of $0.94 (vs $0.95 expected) on $20.52 billion revenue. Analysts’ targets average $88.15. Sysco declared a $0.55 quarterly dividend.
MAY 22·MarketBeat→
Sysco Corporation $SYY is Diamond Hill Capital Management Inc.'s 9th Largest Position
Diamond Hill Capital Management Inc. reduced its stake in Sysco Corporation (NYSE:SYY) by 10.3% in the fourth quarter, yet Sysco remains its 9th largest holding, valued at approximately $419.4 million. Despite mixed quarterly results, Sysco increased its quarterly dividend to $0.55 per share, and analysts rate the stock as a "Moderate Buy" with an average price target of $88.15. Institutional investors collectively own 83.41% of the company's stock.