one8zero8 LLC acquired a new position in shares of TD SYNNEX Co. (NYSE:SNX – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,700 shares of the business services provider’s stock, valued at approximately $434,000.
Several other large investors also recently added to or reduced their stakes in SNX. Bartlett & CO. Wealth Management LLC grew its holdings in shares of TD SYNNEX by 345.1% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 227 shares of the business services provider’s stock valued at $27,000 after buying an additional 176 shares in the last quarter. UMB Bank n.a. grew its stake in TD SYNNEX by 48.4% during the 4th quarter. UMB Bank n.a. now owns 429 shares of the business services provider’s stock valued at $50,000 after acquiring an additional 140 shares in the last quarter. Point72 DIFC Ltd acquired a new position in shares of TD SYNNEX in the 3rd quarter valued at about $55,000. Blue Trust Inc. lifted its position in shares of TD SYNNEX by 37.7% in the fourth quarter. Blue Trust Inc. now owns 471 shares of the business services provider’s stock worth $55,000 after purchasing an additional 129 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of TD SYNNEX by 31.9% during the fourth quarter. Global Retirement Partners LLC now owns 480 shares of the business services provider’s stock worth $56,000 after purchasing an additional 116 shares during the period. 84.00% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other TD SYNNEX news, CFO Marshall Witt sold 1,510 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $121.13, for a total value of $182,906.30. Following the sale, the chief financial officer now owns 48,362 shares of the company’s stock, valued at $5,858,089.06. This trade represents a 3.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Richard T. Hume sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $117.62, for a total value of $2,352,400.00. Following the transaction, the director now owns 111,080 shares of the company’s stock, valued at approximately $13,065,229.60. This trade represents a 15.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 49,172 shares of company stock worth $6,342,766 in the last quarter. 1.00% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on TD SYNNEX
TD SYNNEX Stock Up 1.6 %
SNX opened at $127.21 on Monday. The firm has a market cap of $10.73 billion, a P/E ratio of 15.98, a price-to-earnings-growth ratio of 1.06 and a beta of 1.51. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.76 and a current ratio of 1.24. The business has a 50 day moving average price of $136.81 and a 200 day moving average price of $125.11. TD SYNNEX Co. has a twelve month low of $102.23 and a twelve month high of $145.10.
TD SYNNEX Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Friday, January 24th were issued a dividend of $0.44 per share. This is an increase from TD SYNNEX’s previous quarterly dividend of $0.40. This represents a $1.76 annualized dividend and a dividend yield of 1.38%. The ex-dividend date was Friday, January 24th. TD SYNNEX’s dividend payout ratio is currently 22.11%.
About TD SYNNEX
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.
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