Bragg Financial Advisors Inc Cuts Stake in Syngenta AG (SYT)
Bragg Financial Advisors Inc lowered its position in Syngenta AG (NYSE:SYT) by 12.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,708 shares of the company’s stock after selling 831 shares during the period. Bragg Financial Advisors Inc’s holdings in Syngenta AG were worth $500,000 as of its most recent filing with the SEC.
A number of other large investors have also bought and sold shares of the company. Sei Investments Co. raised its stake in Syngenta AG by 123.9% in the second quarter. Sei Investments Co. now owns 1,431 shares of the company’s stock worth $110,000 after buying an additional 792 shares in the last quarter. Creative Planning raised its stake in Syngenta AG by 46.0% in the third quarter. Creative Planning now owns 1,318 shares of the company’s stock worth $115,000 after buying an additional 415 shares in the last quarter. Kelly Lawrence W & Associates Inc. CA raised its stake in Syngenta AG by 181.8% in the second quarter. Kelly Lawrence W & Associates Inc. CA now owns 1,550 shares of the company’s stock worth $119,000 after buying an additional 1,000 shares in the last quarter. MSI Financial Services Inc raised its stake in Syngenta AG by 0.5% in the third quarter. MSI Financial Services Inc now owns 1,647 shares of the company’s stock worth $144,000 after buying an additional 8 shares in the last quarter. Finally, Stevens First Principles Investment Advisors purchased a new stake in Syngenta AG during the third quarter worth approximately $162,000. 7.24% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Syngenta AG (NYSE:SYT) traded down 0.15% on Friday, reaching $82.64. 289,699 shares of the company traded hands. The stock has a market capitalization of $37.98 billion, a P/E ratio of 32.19 and a beta of 1.05. The stock’s 50 day moving average price is $79.63 and its 200-day moving average price is $81.37. Syngenta AG has a one year low of $68.94 and a one year high of $89.13.
A number of equities research analysts have recently commented on the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of Syngenta AG in a research note on Wednesday, October 26th. Raymond James Financial, Inc. raised shares of Syngenta AG from an “outperform” rating to a “strong-buy” rating in a research note on Friday, December 9th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $92.20.
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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