<div id="readability-page-1"><p>Schonfeld Strategic Advisors LLC grew its stake in  Sysco Co. (NYSE:SYY - Free Report) by 26.5% in the fourth quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 30,510 shares of the company's stock after acquiring an additional 6,391 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Sysco were worth $2,333,000 as of its most recent SEC filing.</p><ul><li>3 Defensive Stock Alternatives to Bonds If Interest Rates Drop</li></ul><p>Several other institutional investors have also modified their holdings of SYY. Buckley Wealth Management LLC boosted its holdings in  Sysco by 0.8% in the 4th quarter. Buckley Wealth Management LLC now owns 18,188 shares of the company's stock valued at $1,391,000 after purchasing an additional 150 shares during the last quarter.  WR Wealth Planners LLC raised its position in  Sysco by 9.9% in the fourth quarter. WR Wealth Planners LLC now owns 4,270 shares of the company's stock valued at $326,000 after purchasing an additional 386 shares during the period.  Clark &amp; Stuart Inc acquired a new position in shares of  Sysco in the 4th quarter valued at $7,613,000.  Boston Trust Walden Corp grew its holdings in shares of  Sysco by 179.5% during the 4th quarter. Boston Trust Walden Corp now owns 804,345 shares of the company's stock worth $61,500,000 after purchasing an additional 516,585 shares during the period.  Finally, Lmcg Investments LLC acquired a new stake in shares of  Sysco during the 4th quarter worth about $3,668,000. Hedge funds and other institutional investors own  83.41% of the company's stock. </p><h2>Sysco Stock Performance</h2><p>Shares of SYY stock opened at $70.74 on Monday. Sysco Co. has a 12 month low of $67.12 and a 12 month high of $82.23. The company has a current ratio of 1.20, a quick ratio of 0.68 and a debt-to-equity ratio of 5.66. The company has a market cap of $34.61 billion, a P/E ratio of 18.19, a PEG ratio of 1.88 and a beta of 0.91. The firm has a fifty day moving average price of $72.59 and a 200 day moving average price of $74.27. </p><ul><li>United Natural Foods Surges on Whole Foods Extended Partnership</li></ul><p>Sysco (NYSE:SYY - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.96 EPS for the quarter, missing analysts' consensus estimates of $1.02 by ($0.06). The business had revenue of $19.60 billion during the quarter, compared to analysts' expectations of $20.11 billion. Sysco had a net margin of 2.40% and a return on equity of 106.30%. The company's revenue was up 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 EPS.  Sell-side analysts predict that  Sysco Co. will post 4.58 earnings per share for the current fiscal year. </p><h2>Sysco Increases Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Thursday, July 3rd will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, July 3rd. This is an increase from Sysco's previous quarterly dividend of $0.51. Sysco's dividend payout ratio  is currently 55.96%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>Today’s market could make Sysco stock break out, will it?</li></ul><p>A number of brokerages have weighed in on SYY. JPMorgan Chase &amp; Co. dropped their price target on shares of Sysco from $86.00 to $82.00 and set an &#34;overweight&#34; rating for the company in a research report on Tuesday, February 4th. Guggenheim  restated a &#34;buy&#34; rating and set a $85.00 price target on shares of Sysco in a research report on Wednesday, January 29th. Truist Financial decreased their target price on Sysco from $85.00 to $83.00 and set a &#34;buy&#34; rating on the stock in a research note on Wednesday, January 29th. Sanford C. Bernstein  set a $87.00 target price on Sysco and gave the company an &#34;overweight&#34; rating in a research report on Tuesday, April 22nd. Finally, UBS Group reduced their price target on shares of Sysco from $86.00 to $83.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, April 30th. Three research analysts have rated the stock with a hold rating and twelve have assigned  a buy rating to the company. According to data from MarketBeat.com, Sysco  has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $83.38.</p><p><b>Check Out Our Latest Report on SYY</b></p><h2>Insider Transactions at Sysco</h2><p>In other Sysco news, Director Sheila Talton sold 356 shares of Sysco stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $70.84, for a total transaction of $25,219.04. Following the transaction, the director now owns 12,738 shares of the company's stock, valued at $902,359.92. The trade was a 2.72 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own  0.54% of the company's stock. </p><h2>About Sysco</h2> (Free Report)<p>Sysco Corporation, through its subsidiaries, engages in the marketing and distribution of various food and related products to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through U.S. Foodservice Operations, International Foodservice Operations, SYGMA, and Other segments.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Sysco</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Western Digital: Is the Storage Sector Set for a Rebound?</li><li>Utilities Stocks Explained – How and Why to Invest in Utilities</li><li>Wingstop Stock Jumps on Q1 Beat, Expansion Outlook</li><li>What is Put Option Volume?</li><li>Why Energy Stocks Like Exxon and Hess Are Back in Focus</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNZWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sysco Right Now?</h2><p>Before you consider Sysco, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sysco wasn't on the list.</p><p>While Sysco currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Schonfeld Strategic Advisors LLC increased its stake in Sysco Co. (NYSE:SYY) by 26.5% in Q4, now owning 30,510 shares valued at $2.33 million. Other institutional investors also adjusted their holdings. Sysco's stock opened at $70.74, with a market cap of $34.61 billion. The company reported a quarterly EPS of $0.96, missing estimates, and announced a dividend increase to $0.54 per share. Analysts have mixed ratings, with a consensus target price of $83.38, indicating a "Moderate Buy" rating.</p>

Sysco Co. (NYSE:SYY) Shares Bought by Schonfeld Strategic Advisors LLC