<div id="readability-page-1"><p>Aptus Capital Advisors LLC raised its holdings in shares of  Sysco Co. (NYSE:SYY - Free Report) by 186.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities &amp; Exchange Commission. The fund owned 13,778 shares of the company's stock after buying an additional 8,972 shares during the quarter. Aptus Capital Advisors LLC's holdings in Sysco were worth $1,053,000 as of its most recent SEC filing.</p><ul><li>3 Defensive Stock Alternatives to Bonds If Interest Rates Drop</li></ul><p>Other hedge funds also recently modified their holdings of the company. Parvin Asset Management LLC bought a new stake in  Sysco in the 4th quarter valued at $29,000.  Stonebridge Financial Group LLC bought a new stake in shares of  Sysco in the fourth quarter valued at about $31,000.  Flagship Wealth Advisors LLC acquired a new stake in  Sysco during the fourth quarter worth about $31,000.  Sherman Asset Management Inc. bought a new position in  Sysco during the fourth quarter valued at about $31,000.  Finally, SRS Capital Advisors Inc. raised its holdings in  Sysco by 53.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 430 shares of the company's stock valued at $33,000 after acquiring an additional 149 shares in the last quarter. 83.41% of the stock is owned by institutional investors. </p><h2>Sysco Trading Down 0.9 %</h2><p>SYY stock opened at $70.00 on Wednesday. The business has a fifty day moving average price of $72.42 and a 200 day moving average price of $74.21. The company has a debt-to-equity ratio of 5.66, a current ratio of 1.20 and a quick ratio of 0.68. Sysco Co. has a fifty-two week low of $67.12 and a fifty-two week high of $82.23. The stock has a market capitalization of $33.93 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 1.88 and a beta of 0.80. </p><ul><li>United Natural Foods Surges on Whole Foods Extended Partnership</li></ul><p>Sysco (NYSE:SYY - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.96 earnings per share 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 analyst estimates of $20.11 billion. Sysco had a net margin of 2.40% and a return on equity of 106.30%. The business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.96 earnings per share.  Analysts expect that  Sysco Co. will post 4.58 EPS for the current fiscal year. </p><h2>Sysco Increases Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Thursday, July 3rd will be paid a dividend of $0.54 per share. This is a boost from Sysco's previous quarterly dividend of $0.51. This represents a $2.16 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Thursday, July 3rd. Sysco's dividend payout ratio  is 55.96%. </p><h2>Insider Activity at Sysco</h2><ul><li>Today’s market could make Sysco stock break out, will it?</li></ul><p>In other Sysco news, Director Sheila Talton sold 356 shares of the company's stock in a transaction 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 approximately $902,359.92. This represents a 2.72 % decrease in their position. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders. </p><h2>Analyst Ratings Changes</h2><p>SYY has been the topic of a number of research reports. StockNews.com cut Sysco from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research report on Thursday, March 20th. UBS Group lowered 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 report on Wednesday, April 30th. JPMorgan Chase &amp; Co. reduced their price objective on shares of Sysco from $86.00 to $82.00 and set an &#34;overweight&#34; rating for the company in a report on Tuesday, February 4th. Guggenheim  reissued a &#34;buy&#34; rating and issued a $85.00 target price on shares of Sysco in a research note on Wednesday, January 29th. Finally, Morgan Stanley cut their price target on shares of Sysco from $79.00 to $77.00 and set an &#34;equal weight&#34; rating for the company in a research note on Wednesday, January 29th. Three equities research analysts have rated the stock with a hold rating and twelve have issued  a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $83.38.</p><p><b>View Our Latest Research Report on Sysco</b></p><h2>Sysco Company Profile</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>Recommended Stories</h2><ul><li>Five stocks we like better than Sysco</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>3 Mid-Cap Medical Stocks Outperforming the Market</li><li>How to Invest in Biotech Stocks</li><li>The Top-Ranked Insider Buys From April by Market Cap</li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>Is Eli Lilly a Buy After Weak Earnings and CVS-Novo Partnership?</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>Aptus Capital Advisors LLC increased its stake in Sysco Co. (NYSE:SYY) by 186.7% in Q4, owning 13,778 shares valued at $1.05 million. Other hedge funds also acquired stakes in Sysco during the same period. Sysco's stock opened at $70.00, with a market cap of $33.93 billion. The company reported Q1 earnings of $0.96 per share, missing estimates, and announced a dividend increase to $0.54 per share. Analyst ratings have varied, with some lowering price targets and others maintaining buy ratings.</p>

Aptus Capital Advisors LLC Has $1.05 Million Stock Position in Sysco Co. (NYSE:SYY)