18 BlackRock Sysco Trades
BlackRock acquired 39.8M Sysco shares worth $3.1B. That's 0.05% of their equity portfolio (314th largest holding). The investor owns 8.24% of the outstanding Sysco stock. The first Sysco trade was made in Q4 2020. Since then BlackRock bought shares twelve more times and sold shares on five occasions. The stake costed the investor $2.81B, netting the investor a gain of 10% so far.
News about Sysco Corp. and BlackRock
Sysco Calls $29B Restaurant Depot Deal “Transformational,” Eyes EPS Accretion and $250M Synergies
Sysco (NYSE: SYY) said it has entered into a definitive agreement to acquire Restaurant Depot, a wholesale cash-and-carry foodservice supplier focused on sma...
SYY's Jetro Deal Opens a New Growth Path in Cash & Carry: What's More?
SYY's $29.1 billion Jetro deal pushes it into cash-and-carry, with synergies, EPS accretion and stronger free cash flow boosting growth.
Sysco Receives a Downgrade From Citi Due to Debt Load
Sysco (NYSE:SYY) shares are down 16.16% since Friday's close after the company announced a $29.1 billion acquisition of Jetro Restaurant Depot.
Sysco Corporation (NYSE:SYY) Given Consensus Rating of “Moderate Buy” by Analysts
Sysco Corporation (NYSE: SYY - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the fifteen brokerages that are covering the comp...