1 week Ago By ABMN Staff
Savant Capital LLC raised its holdings in shares of TD SYNNEX Co. ( NYSE:SNX – Free Report ) by 53.5% in the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 25,208 shares of the business services provider’s stock after buying an additional 8,786 shares during the period. Savant Capital LLC’s holdings in TD SYNNEX were worth $2,909,000 as of its most recent SEC filing. A number of other large investors have also recently added to or reduced their stakes in SNX.
Victory Capital Management Inc. boosted its stake in shares of TD SYNNEX by 2.7% during the 4th quarter.
Victory Capital Management Inc. now owns 53,206 shares of the business services provider’s stock worth $5,725,000 after acquiring an additional 1,384 shares in the last quarter. 9258 Wealth Management LLC purchased a new position in TD SYNNEX in the 4th quarter worth about $207,000.
M&T Bank Corp acquired a new stake in TD SYNNEX during the 4th quarter worth about $238,000. Charles Schwab Investment Management Inc. lifted its stake in TD SYNNEX by 11.
5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 331,764 shares of the business services provider’s stock valued at $35,701,000 after buying an additional 34,164 shares in the last quarter.
Finally, Teacher Retirement System of Texas boosted its holdings in shares of TD SYNNEX by 0.6% in the fourth quarter. Teacher Retirement System of Texas now owns 23,242 shares of the business services provider’s stock worth $2,501,000 after buying an additional 142 shares during the period.
84.00% of the stock is currently owned by institutional investors. TD SYNNEX Stock Performance SNX opened at $110.
97 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.
78 and a current ratio of 1.26. The company has a market cap of $9.
48 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 1.10 and a beta of 1.
49. The stock has a 50-day moving average of $115.71 and a 200-day moving average of $116.
84. TD SYNNEX Co. has a 52-week low of $89.
73 and a 52-week high of $133.85. TD SYNNEX Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, July 26th.
Investors of record on Friday, July 12th were issued a $0.40 dividend. The ex-dividend date was Friday, July 12th.
This represents a $1.60 annualized dividend and a yield of 1.44%.
TD SYNNEX’s dividend payout ratio (DPR) is presently 22.41%. Insiders Place Their Bets In other news, insider Dennis Polk sold 20,000 shares of the firm’s stock in a transaction dated Thursday, June 27th.
The stock was sold at an average price of $115.66, for a total value of $2,313,200.00.
Following the sale, the insider now directly owns 134,706 shares of the company’s stock, valued at $15,580,095.96. The sale was disclosed in a document filed with the SEC, which is available at the SEC website .
In other TD SYNNEX news, insider Dennis Polk sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $115.66, for a total value of $2,313,200.
00. Following the sale, the insider now owns 134,706 shares of the company’s stock, valued at approximately $15,580,095.96.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . Also, COO Patrick Zammit sold 3,513 shares of the company’s stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $113.
28, for a total value of $397,952.64. Following the transaction, the chief operating officer now owns 140,205 shares of the company’s stock, valued at $15,882,422.
40. The disclosure for this sale can be found here . Insiders sold a total of 35,188 shares of company stock valued at $3,998,655 in the last quarter.
Insiders own 1.90% of the company’s stock. Wall Street Analyst Weigh In Several brokerages recently commented on SNX.
Barrington Research restated an “outperform” rating and issued a $138.00 price target on shares of TD SYNNEX in a research report on Wednesday, June 26th. Royal Bank of Canada raised TD SYNNEX from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $135.
00 to $140.00 in a research note on Monday, July 15th. UBS Group upped their target price on TD SYNNEX from $145.
00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, June 26th. Bank of America decreased their price target on shares of TD SYNNEX from $135.
00 to $132.00 and set a “buy” rating for the company in a report on Thursday, June 27th. Finally, StockNews.
com upgraded shares of TD SYNNEX from a “hold” rating to a “buy” rating in a research note on Friday, August 16th. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.
com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $127.33. Read Our Latest Analysis on SNX TD SYNNEX Profile ( Free Report ) TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem.
The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. Further Reading Want to see what other hedge funds are holding SNX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TD SYNNEX Co.
( NYSE:SNX – Free Report ). Receive News & Ratings for TD SYNNEX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TD SYNNEX and related companies with MarketBeat.com's FREE daily email newsletter .
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