Pacad Investment Ltd. acquired a new stake in Syngenta AG (NYSE:SYT) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 14,075 shares of the basic materials company’s stock, valued at approximately $1,304,000.

Other institutional investors have also recently bought and sold shares of the company. Creative Planning boosted its position in Syngenta AG by 12.8% in the first quarter. Creative Planning now owns 1,656 shares of the basic materials company’s stock valued at $147,000 after buying an additional 188 shares during the last quarter. Eqis Capital Management Inc. boosted its position in Syngenta AG by 27.9% in the first quarter. Eqis Capital Management Inc. now owns 3,397 shares of the basic materials company’s stock valued at $301,000 after buying an additional 741 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Syngenta AG by 2.2% in the first quarter. Advisors Asset Management Inc. now owns 4,969 shares of the basic materials company’s stock valued at $440,000 after buying an additional 105 shares in the last quarter. US Bancorp DE boosted its position in Syngenta AG by 10.9% in the first quarter. US Bancorp DE now owns 6,071 shares of the basic materials company’s stock valued at $538,000 after buying an additional 596 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Syngenta AG by 5.0% in the first quarter. Bank of New York Mellon Corp now owns 15,663 shares of the basic materials company’s stock valued at $1,386,000 after buying an additional 747 shares in the last quarter. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Syngenta AG (SYT) opened at 92.20 on Friday. Syngenta AG has a 12-month low of $74.52 and a 12-month high of $93.61. The stock’s 50 day moving average is $92.15 and its 200 day moving average is $90.83. The stock has a market capitalization of $42.56 billion, a PE ratio of 40.85 and a beta of 0.97.

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Several research firms have recently commented on SYT. Zacks Investment Research upgraded shares of Syngenta AG from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a report on Saturday, May 6th. BidaskClub cut shares of Syngenta AG from a “sell” rating to a “strong sell” rating in a report on Sunday, July 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $95.73.

About Syngenta AG

Syngenta AG (Syngenta) is an agribusiness company. The Company operates in the crop protection and seeds business, which is involved in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality, and in the lawn and garden business, which provides professional growers and consumers with flowers, turf and landscape, and professional pest management products.

Institutional Ownership by Quarter for Syngenta AG (NYSE:SYT)

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