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American Century Companies Inc. Sells 39,114 Shares of Sysco Corporation $SYY
American Century Companies Inc. reduced its stake in Sysco Corporation by 4.3% in the third quarter, selling 39,114 shares and retaining 878,416 shares valued at $72.33 million. Despite this, other institutions have increased their SYSCO holdings. Analysts generally maintain a “Moderate Buy” rating with an average target price of $90.31 for Sysco, which recently reported earnings slightly above estimates and declared a $0.54 quarterly dividend.