Prosperity Consulting Group sold 1,968 Sysco Co. shares, reducing its stake by 25.3%.

Prosperity Consulting Group decreased its stake in Sysco Co. (NYSE:SYY) by 25.3%, owning 5,812 shares after selling 1,968. Other investors, including Capital World Investors and Norges Bank, increased their stakes. Sysco reported Q2 earnings of $1.39 per share, surpassing expectations, and announced a quarterly dividend of $0.51 payable on October 25. The stock holds a “Moderate Buy” rating with an average price target of $85.27.

September 15, 2024
4 Articles