Aberdeen Group plc reduced its stake in Sysco Corporation (NYSE:SYY) by 21.0% in the third quarter, now owning 334,464 shares valued at $27.45 million. Despite this reduction, several other institutional investors increased their holdings in Sysco. Analysts currently hold a “Moderate Buy” consensus rating for Sysco, with a price target of $89.69, while company insiders have recently sold shares.
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Aberdeen Group plc Has $27.45 Million Stake in Sysco Corporation $SYY
Aberdeen Group plc reduced its stake in Sysco Corporation (NYSE:SYY) by 21.0% in the third quarter, now owning 334,464 shares valued at $27.45 million. Despite this reduction, several other institutional investors increased their holdings in Sysco. Analysts currently hold a “Moderate Buy” consensus rating for Sysco, with a price target of $89.69, while company insiders have recently sold shares.