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DoubleLine ETF Adviser LP Acquires New Holdings in Sysco Corporation $SYY
DoubleLine ETF Adviser LP has acquired a new position in Sysco Corporation (NYSE:SYY), purchasing 25,889 shares valued at approximately $2.13 million. This comes as institutional investors now collectively own 83.41% of Sysco’s stock. Analysts have given Sysco a “Moderate Buy” consensus rating with an average target price of $90.31, following strong Q3 earnings and revenue growth, despite recent insider share sales.