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Crossmark Global Holdings Inc. Increases Stock Holdings in Sysco Corporation $SYY
Crossmark Global Holdings Inc. increased its stake in Sysco Corporation (NYSE:SYY) by 7.1% in the fourth quarter, bringing its total holdings to 212,272 shares valued at $15.64 million. Several other hedge funds also adjusted their positions in Sysco. Despite some recent analyst downgrades and a slight stock dip, Sysco reported revenues of $20.52 billion and declared a quarterly dividend of $0.55 per share, indicating a positive outlook for shareholders.