Grandfield & Dodd LLC held its position in Syngenta AG (NYSE:SYT) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,660 shares of the company’s stock at the end of the second quarter. Grandfield & Dodd LLC’s holdings in Syngenta AG were worth $281,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in SYT. Renaissance Technologies LLC raised its stake in shares of Syngenta AG by 1,786.4% in the first quarter. Renaissance Technologies LLC now owns 416,900 shares of the company’s stock valued at $34,528,000 after buying an additional 394,800 shares in the last quarter. Arrowgrass Capital Partners US LP bought a new stake in Syngenta AG during the first quarter valued at $19,930,000. Goldman Sachs Group Inc. raised its stake in Syngenta AG by 47.9% in the first quarter. Goldman Sachs Group Inc. now owns 229,420 shares of the company’s stock valued at $19,000,000 after buying an additional 74,272 shares during the period. Nikko Asset Management Americas Inc. raised its stake in Syngenta AG by 16.3% in the second quarter. Nikko Asset Management Americas Inc. now owns 225,123 shares of the company’s stock valued at $17,391,000 after buying an additional 31,600 shares during the period. Finally, BlackRock Inc. raised its stake in Syngenta AG by 10.1% in the first quarter. BlackRock Inc. now owns 122,654 shares of the company’s stock valued at $10,158,000 after buying an additional 11,241 shares during the period. 7.22% of the stock is currently owned by institutional investors.
Shares of Syngenta AG (NYSE:SYT) traded down 0.24% on Thursday, hitting $87.85. The stock had a trading volume of 296,056 shares. The company has a market cap of $40.37 billion, a PE ratio of 34.22 and a beta of 1.16. The stock’s 50-day moving average price is $87.07 and its 200 day moving average price is $81.85. Syngenta AG has a 52 week low of $61.81 and a 52 week high of $89.13.
Several research firms recently weighed in on SYT. Zacks Investment Research upgraded Syngenta AG from a “sell” rating to a “hold” rating in a report on Tuesday, June 21st. Raymond James Financial Inc. upgraded Syngenta AG from a “mkt perform” rating to an “outperform” rating in a report on Friday, July 15th. Sanford C. Bernstein lowered Syngenta AG from an “outperform” rating to a “market perform” rating and boosted their target price for the stock from $90.20 to $92.20 in a report on Tuesday, September 6th. They noted that the move was a valuation call. Finally, Deutsche Bank AG restated a “buy” rating on shares of Syngenta AG in a report on Tuesday, August 23rd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $90.10.
Syngenta AG Company Profile
Syngenta AG is an agribusiness operating in the crop protection and seeds business. The Company is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. The Company operates through five segments: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.
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