Economy

Which Insiders Are Selling Sysco Corporation (SYY)?

In the last quarter, insiders have sold 106,800 shares of company stock worth $5,436,180. The company has market cap of $279.35 million. Can now owns 2,312,508 shares of the company's stock worth $116,178,000 after buying an additional 54,010 shares during the last quarter. North Star Investment Management Corp. now owns 1,944 shares of the company's stock valued at $101,000 after acquiring an additional 871 shares during the period.

Arizona State Retirement System lessened its stake in shares of Sysco Corporation (NYSE:SYY) by 4.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. It has underperformed by 5.47% the S&P500.

Price Michael F decreased Townebank Portsmouth Va (TOWN) stake by 55% reported in 2016Q4 SEC filing. The Janus Capital Management Llc holds 6.54 million shares with $362.36M value, up from 6.37 million last quarter. The institutional investor held 300,884 shares of the major pharmaceuticals company at the end of 2016Q4, valued at $34.67 million, up from 276,675 at the end of the previous reported quarter. The stock declined 0.24% or $0.13 reaching $53.15 on the news. About 3.60 million shares traded or 17.65% up from the average. Caterpillar Inc. (NYSE:CAT) has risen 47.53% since September 12, 2016 and is uptrending.

Investors sentiment decreased to 0.85 in Q4 2016. Its down 0.04, from 0.89 in 2016Q3.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SYY. 114 funds opened positions while 731 raised stakes. Stillwater Capital Advsrs Limited reported 1.85% stake. Dynamic Capital Management Limited holds 200,174 shares or 1.18% of its portfolio. Daniel Devine has invested 3.97% in Johnson & Johnson (NYSE:JNJ). L & S Advsr Inc holds 0.37% or 14,119 shares in its portfolio. 141,550 were accumulated by Hgk Asset. 0 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Bnp Paribas Invest Partners holds 0.05% or 90,475 shares in its portfolio. Barbara Oil Co invested in 9.13% or 102,000 shares. Nbt Commercial Bank N A stated it has 3.07% in Johnson & Johnson (NYSE:JNJ). Cypress Cap Management (Wy), Wyoming-based fund reported 5,830 shares.

More important recent SYSCO Corporation (NYSE:SYY) news were published by: Nasdaq.com which released: "Sysco Corp". More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Thestreet.com and their article: "Johnson & Johnson, 3M and 8 Other Winners From the Ridiculously Weaker Dollar" published on September 08, 2017 as well as Seekingalpha.com's news article titled: "Johnson & Johnson's New Focus" with publication date: September 08, 2017. The stock has "Underweight" rating by Morgan Stanley on Tuesday, February 2. Wells Fargo & Company reaffirmed a "buy" rating on shares of Sysco Corporation in a report on Friday, June 23rd. The stock has "Buy" rating by BMO Capital Markets on Tuesday, September 5. Oppenheimer maintained the shares of SYK in report on Wednesday, August 23 with "Hold" rating. The stock of Johnson & Johnson (NYSE:JNJ) has "Outperform" rating given on Wednesday, January 25 by RBC Capital Markets.

Among 24 analysts covering Stryker Corporation (NYSE:SYK), 14 have Buy rating, 2 Sell and 8 Hold. The stock of SYSCO Corporation (NYSE:SYY) has "Neutral" rating given on Wednesday, November 16 by Credit Suisse. It also reduced Associated Banc (NYSE:ASB) stake by 27,900 shares and now owns 22,500 shares.

Since May 1, 2017, it had 0 insider buys, and 4 sales for $5.24 million activity. Shares for $805,896 were sold by Shurts Wayne on Tuesday, April 4. Following the completion of the transaction, the insider now owns 58,776 shares of the company's stock, valued at approximately $2,989,935.12. Nine equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Therefore 0 are positive. Sysco Corporation had 43 analyst reports since August 6, 2015 according to SRatingsIntel. The original version of this article can be viewed at https://www.dispatchtribunal.com/2017/09/13/wedge-capital-management-l-l-p-nc-purchases-10840-shares-of-sysco-corporation-syy.html. The stock presently has a consensus rating of "Hold" and a consensus price target of $56.17. The rating was maintained by Goldman Sachs on Tuesday, May 3 with "Sell". BMO Capital Markets set a $60.00 price target on shares of Sysco Corporation and gave the company a "buy" rating in a report on Thursday, August 3rd. Finally, Pivotal Research set a $53.00 price target on shares of Sysco Corporation and gave the company a "hold" rating in a report on Sunday, August 13th.

Sysco Corporation (SYY) have shown a high EPS growth of 1.80% in the last 5 years and has earnings rose of 26.60% yoy.

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