Activest Wealth Administration decreased its place in shares of TD SYNNEX Co. (NYSE:SNX – Get Score ) by 15.7% throughout the fourth quarter, in response to the corporate in its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The institutional investor owned 26,221 shares of the enterprise companies supplier’s inventory after promoting 4,897 shares throughout the interval. TD SYNNEX makes up 0.7% of Activest Wealth Administration’s portfolio, making the inventory its fifteenth largest place. Activest Wealth Administration’s holdings in TD SYNNEX had been value $2,483,000 on the finish of the latest reporting interval.

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Plenty of different institutional buyers have additionally made adjustments to their positions within the firm. Ronald Blue Belief Inc. lifted its holdings in TD SYNNEX by 143.8% within the third quarter. Ronald Blue Belief Inc. now owns 295 shares of the enterprise companies supplier’s inventory valued at $27,000 after buying an extra 174 shares within the final quarter. CoreCap Advisors LLC acquired a brand new stake in shares of TD SYNNEX throughout the second quarter valued at $27,000. EverSource Wealth Advisors LLC acquired a brand new stake in shares of TD SYNNEX throughout the third quarter valued at $31,000. Advisors Asset Administration Inc. acquired a brand new stake in shares of TD SYNNEX throughout the first quarter valued at $51,000. Lastly, Quadrant Capital Group LLC raised its holdings in shares of TD SYNNEX by 169.6% throughout the second quarter. Quadrant Capital Group LLC now owns 550 shares of the enterprise companies supplier’s inventory valued at $50,000 after shopping for an extra 346 shares throughout the interval. 84.70% of the share is owned by institutional buyers and hedge funds.

Wall Road analysts anticipate progress

Plenty of analysts have weighed in on SNX shares. StockNews.com initiated protection on shares of TD SYNNEX in a report on Thursday, March sixteenth. They put a “maintain” score on the inventory. JPMorgan Chase & Co. boosted their goal worth on shares of TD SYNNEX from $117.00 to $125.00 and gave the inventory an “chubby” score in a report on Wednesday, January eleventh. Barclays assumed protection on shares of TD SYNNEX in a analysis report on Wednesday, February fifteenth. They set an “equal weight” score and a $109.00 worth goal for the corporate. Barrington Analysis boosted their worth goal on shares of TD SYNNEX from $98.00 to $130.00 and gave the inventory an “outperform” score in a analysis report on Wednesday, January eleventh. Lastly, Credit score Suisse Group boosted their worth goal on shares of TD SYNNEX from $103.00 to $109.00 and gave the inventory a “impartial” score in a analysis report on Wednesday, January eleventh. 4 equities analysis analysts have rated the inventory with a maintain score, 5 have issued a purchase score and one has given a powerful purchase score to the inventory. Based on MarketBeat.com knowledge, TD SYNNEX presently has a consensus score of “Reasonable Purchase” and a mean worth goal of $122.00.

TD SYNNEX share fell 0.6%

Shares of NYSE SNX traded down $0.54 throughout noon buying and selling on Friday, reaching $90.65. The corporate had a turnover of 25,586 shares, in comparison with its common quantity of 461,284. The inventory has a 50 day transferring common of $99.93 and a 2 hundred day transferring common of $95.90. The corporate has a debt ratio of 0.48, a fast ratio of 0.70 and a present ratio of 1.25. The corporate has a market cap of $8.65 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 0.85 and a beta of 1.65. TD SYNNEX Co. has a 12-month low of $78.86 and a 12-month excessive of $111.57.

TD SYNNEX (NYSE:SNX – Get Score ) final posted its quarterly earnings outcomes on Tuesday, January tenth. The enterprise companies supplier reported $3.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.45. The enterprise had income of $16.25 billion for the quarter, in comparison with analyst estimates of $15.78 billion. TD SYNNEX had a internet margin of 1.04% and a return on fairness of 14.08%. As a gaggle, equities analysts anticipate TD SYNNEX Co. will publish 11.67 EPS for the present yr.

TD SYNNEX Will increase yield

The corporate additionally just lately declared a quarterly dividend, which was paid on Friday, January twenty seventh. Stockholders of document on Friday, January twentieth had been issued a dividend of $0.35 per share. This represents an annual dividend of $1.40 and a yield of 1.54%. The ex-dividend date was Thursday, January nineteenth. This is a rise from TD SYNNEX’s earlier quarterly dividend of $0.30. TD SYNNEX’s dividend payout ratio (DPR) is 20.65%.

Insider shopping for and promoting at TD SYNNEX

In different TD SYNNEX information, CFO Marshall Witt bought 1,082 shares of the inventory in a transaction that occurred on Tuesday, January seventeenth. The inventory was bought at a mean worth of $110.90, for a complete transaction of $119,993.80. Following the transaction, the CFO now owns 50,893 shares within the firm, valued at $5,644,033.70. The sale was disclosed in a submitting with the SEC, which is obtainable on the SEC’s web site. In different TD SYNNEX information, main shareholder Apollo Administration Holdings Gp bought 5,175,000 shares of the inventory in a transaction that occurred on Monday, January thirtieth. The inventory was bought at a mean worth of $97.00, for a complete transaction of $501,975,000.00. Following the transaction, the insider now owns 37,802,877 shares within the firm, valued at $3,666,879,069. The sale was disclosed in a submitting with the SEC, which is obtainable on the SEC’s web site. Additionally, CFO Marshall Witt bought 1,082 shares of the agency’s inventory in a transaction on Tuesday, January seventeenth. The inventory was bought at a mean worth of $110.90, for a complete transaction of $119,993.80. Following the completion of the sale, the chief monetary officer now owns 50,893 shares within the firm, valued at roughly $5,644,033.70. The details about this sale may be discovered right here. Insiders have bought a complete of 5,193,767 shares of firm inventory valued at $503,877,398 during the last 90 days. Insiders personal 1.70% of the corporate’s shares.

TD SYNNEX profile

(Get score)

TD SYNNEX Corp. offers with the distribution and aggregation of options within the data know-how ecosystem. It operates by means of the next geographic segments: Americas, Europe and Asia-Pacific, and Japan. The corporate gives IT {hardware}, software program and techniques, together with private computing gadgets and peripherals, cell phones and equipment, printers, server and knowledge middle infrastructure, hybrid cloud, safety, networking, communication and storage options and system parts.

Additionally see

Wish to see what different hedge funds maintain SNX? For the most recent 13F filings and insider trades for TD SYNNEX Co., go to HoldingsChannel.com. (NYSE:SNX – Get Score).

This immediate information alert was generated by narrative science know-how and monetary knowledge from MarketBeat to offer readers with the quickest and most correct reporting. This story was reviewed by MarketBeat editorial workers previous to publication. Please ship questions or feedback about this story to contact@marketbeat.com.

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