Sysco Corp (NYSE:SYY) Institutional Investors Quarterly Sentiment

Cornelia Mascio
Mag 19, 2017

Comerica National Bank & Trust invested 0.11% in SYSCO Corporation (NYSE:SYY). TrimTabs Asset Management LLC boosted its position in shares of SYSCO by 88.7% in the first quarter. The Eastern Bank holds 45,559 shares with $2.52M value, down from 55,198 last quarter. Sysco Corp now has $29.13 billion valuation.

Over the last twelve months Sysco Corporation's stock price has increased by 10.95% from 48.96 to 54.32.

SYSCO (NYSE:SYY) opened at 54.43 on Thursday. Its down 12.12% from 19.83M shares previously. The insider Grade Joel T. sold $1.29 million. The stock had a trading volume of 1,697,686 shares. The stock appeared $31.88 above its 52-week highs and is down -3.91% for the last five trades. Johnson Financial Group Inc. increased its stake in SYSCO by 49.5% in the fourth quarter. It also upped Bristol Myers Squibb Co. It also reduced Foot Locker Inc (NYSE:FL) stake by 16,755 shares and now owns 85,745 shares. Cms Energy Corp Com (NYSE:CMS) was raised too.

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.04, from 0.89 in 2016Q3. Sold All: 53 Reduced: 384 Increased: 265 New Position: 105. BlackRock Inc. raised its stake in SYSCO by 2,088.2% in the first quarter. 402.13 million shares or 2.31% less from 411.64 million shares in 2016Q3 were reported. Shayne Lc reported 373,892 shares. Fiduciary Financial Service Of The Southwest Incorporated Tx has 16,997 shares for 0.31% of their portfolio. During the same quarter in the prior year, the firm posted $0.46 earnings per share. The stock of SYSCO Corporation (NYSE:SYY) earned "Neutral" rating by Clevland Research on Friday, March 11. Employees Retirement Sys Of Texas owns 56,000 shares. Suntrust Banks invested in 0.08% or 236,205 shares. 297,964 were reported by Beck Mack & Oliver Limited Liability Corporation. Mcrae Capital has invested 0.09% of its portfolio in SYSCO Corporation (NYSE:SYY).

Investors sentiment decreased to 0.85 in Q4 2016. The firm has a market capitalization of $29.13 billion, a P/E ratio of 28.69 and a beta of 0.52. Zacks Investment Research lowered shares of SYSCO from a buy rating to a hold rating in a report on Tuesday, April 11th. Mitchell Sinkler And Starr Pa invested 0.29% of its portfolio in SYSCO Corporation (NYSE:SYY). Wespac Ltd Liability Corp accumulated 5,424 shares or 0.34% of the stock. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.51.

Ratings analysis reveals 44% of Sysco Corporation's analysts are positive. Therefore 67% are positive. One analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company's stock. Wells Fargo & Co reaffirmed a buy rating on shares of SYSCO in a research report on Monday, February 6th. RBC Capital Markets maintained it with "Outperform" rating and $116 target in Monday, January 25 report. The firm has "Hold" rating given on Tuesday, November 8 by Pivotal Research. The ex-dividend date of this dividend was Wednesday, April 5th.

05/09/2017 - Sysco Corporation had its " rating reiterated by analysts at Barclays. The rating was maintained by Credit Suisse on Friday, February 19 with "Outperform". Deutsche Bank initiated the stock with "Hold" rating in Monday, July 18 report. Goldman Sachs upgraded the shares of SYY in report on Friday, December 9 to "Neutral" rating.

Since December 5, 2016, it had 1 buy, and 8 selling transactions for $13.18 million activity. Riggs Asset Managment Company sold 44,157 shares as Cvs Caremark Corporation (CVS)'s stock 0.00%. Another trade for 15,600 shares valued at $805,896 was made by Shurts Wayne on Tuesday, April 4. Southeast Asset holds 0.14% of its portfolio in SYSCO Corporation (NYSE:SYY) for 8,240 shares. The stock rose 0.11% or $0.06 reaching $54.49 per share. Shares for $4.54 million were sold by Day William B. on Wednesday, December 14. 15,262 shares were sold by RUTLEDGE WILLIAM P, worth $1.67M. Intersect Cap Ltd Liability Company holds 0.26% in CVS Health Corp (NYSE:CVS) or 4,442 shares. The business's revenue for the quarter was up 12.7% on a year-over-year basis. Its forward price to earnings ratio of 24.51 ranks lower than the industry's 28.21. The Firm operates through two divisions: Citicorp and Citi Holdings. This increase is typical for the uptrend and shows the considerable optimism among investors. Its up 0.29, from 0.83 in 2016Q3. Expedia Inc (NASDAQ:EXPE) has risen 6.00% since April 19, 2017 and is uptrending. 161 funds opened positions while 382 raised stakes. Jgp Gestao De Recursos Ltda invested in 0.98% or 24,162 shares. Sandhill Capital Prtnrs Llc invested in 0.2% or 13,054 shares. National Bank Of Ny Mellon Corporation invested 0.1% in SYSCO Corporation (NYSE:SYY). Cubic Asset Ltd Liability has invested 1.63% in Citigroup Inc (NYSE:C). Connecticut-based Paloma Ptnrs Mngmt Co has invested 0.06% in Citigroup Inc (NYSE:C). Pitcairn accumulated 20,095 shares. South Dakota Council has invested 0.08% in SYSCO Corporation (NYSE:SYY). Lockheed Martin Management has 56,000 shares for 0.28% of their portfolio. (NYSE:C), 15 have Buy rating, 3 Sell and 12 Hold.

Several other equities analysts also recently issued reports on SYY. On Saturday, October 10 the stock rating was initiated by Drexel Hamilton with "Buy". The firm has "Buy" rating by Nomura given on Wednesday, December 2. The company was downgraded on Tuesday, August 2 by Raymond James. The company was maintained on Tuesday, May 3 by Macquarie Research. JP Morgan has "Neutral" rating and $57 target. The stock of SYSCO Corporation (NYSE:SYY) earned "Outperform" rating by BMO Capital Markets on Friday, May 5. Argus Research has "Buy" rating and $50 target.

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