Economy

Sysco Corp (NYSE:SYY) 2017 Q4 Institutional Investor Sentiment Steady

Orrstown Fincl Inc holds 1.19% of its portfolio in Sysco Corporation (NYSE:SYY) for 17,085 shares. Advisors Asset Management Inc. now owns 2,783 shares of the company's stock worth $150,000 after buying an additional 2,291 shares during the period. The stock has a market cap of $31,946.65, a price-to-earnings ratio of 23.27, a P/E/G ratio of 2.07 and a beta of 0.55.

Shares of SYY stock traded down $0.45 during trading on Friday, reaching $59.32. Victory Capital Management Inc. now owns 3,735,842 shares of the company's stock worth $226,879,000 after purchasing an additional 277,097 shares in the last quarter.

Sysco (NYSE:SYY) last released its quarterly earnings data on Monday, February 5th. It has outperformed by 2.52% the S&P500. Valeo Financial Advisors LLC now owns 2,267 shares of the company's stock valued at $138,000 after purchasing an additional 1,126 shares during the last quarter. The hedge fund run by Bruce Silver held 53,267 shares of the capital goods company at the end of 2017Q4, valued at $838,000, down from 124,109 at the end of the previous reported quarter. Aristotle Capital Boston Llc sold 19,585 shares as the company's stock declined 10.34% with the market. The stock decreased 0.96% or $0.13 during the last trading session, reaching $13.43. BARTZ CAROL sold 200,000 shares worth $7.59M. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since April 6, 2017 and is uptrending. It has outperformed by 14.02% the S&P500. (NASDAQ:SPAR) was sold by GUILLAUME STEPHEN K on Friday, December 15. It's up 0.12, from 0.78 in 2017Q3. 22 funds opened positions while 31 raised stakes. Virtu reported 0.03% in GameStop Corp. Systematic Fin Mngmt Limited Partnership owns 42,935 shares. After having $0.86 EPS previously, Verizon Communications Inc.'s analysts see 30.23% EPS growth. (NASDAQ:SPAR). Northern Trust owns 456,122 shares for 0% of their portfolio. Long Road Inv Counsel Ltd Liability Company holds 15,735 shares. (NASDAQ:SPAR). First Manhattan Company stated it has 100,830 shares. Pittenger And Anderson Inc owns 191,120 shares or 0.64% of their USA portfolio. Ifc Incorporated Fl accumulated 4,803 shares. New York-based Hudson Bay Management LP has invested 0.08% in Sysco Corporation (NYSE:SYY). (NASDAQ:SPAR). Pacific Ridge Prtnrs Lc invested in 401,716 shares. Zuckerman Invest Gp Lc owns 255,258 shares or 1.01% of their United States portfolio. Stockholders of record on Friday, April 6th will be given a dividend of $0.36 per share. Therefore 52% are positive. Cisco Systems Inc. had 155 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Wednesday, January 25 by Roth Capital. The stock has "Buy" rating by Deutsche Bank on Monday, June 12. Bernstein initiated the stock with "Outperform" rating in Wednesday, January 11 report. The stock of Spartan Motors, Inc. (NASDAQ:SPAR) earned "Buy" rating by Zacks on Saturday, August 8. The company now has a consensus rating of "Hold" and a consensus price target of $65.00. Ar Asset Mgmt has 0.23% invested in Sysco Corporation (NYSE:SYY) for 10,000 shares.

Analysts expect Verizon Communications Inc. (NASDAQ:SPAR) to report earnings on May, 3. SPAR's profit will be $1.75 million for 81.00 P/E if the $0.05 EPS becomes a reality. Miller Howard New York reported 1.00M shares or 1.32% of all its holdings.

Since March 12, 2018, it had 0 insider buys, and 12 insider sales for $487,359 activity. About 682,778 shares traded. $1.64M worth of Sysco Corporation (NYSE:SYY) was sold by DeLaney William J III. Janus Henderson Group PLC now owns 5,969,351 shares of the company's stock worth $322,047,000 after purchasing an additional 261,748 shares in the last quarter. Also, SVP William W. Goetz sold 11,323 shares of the firm's stock in a transaction that occurred on Tuesday, January 16th.

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Ratings analysis reveals 50% of Sysco Corp's analysts are positive. The rating was maintained by Loop Capital on Tuesday, February 6 with "Buy". As per Friday, February 5, the company rating was upgraded by Argus Research. Needham maintained the shares of AEIS in report on Wednesday, February 1 with "Buy" rating. The rating was maintained by BMO Capital Markets on Thursday, August 3 with "Buy". BMO Capital Markets maintained it with "Buy" rating and $60.0 target in Tuesday, September 5 report. The stock has "Buy" rating by Wells Fargo on Monday, July 17. On Thursday, December 7 the stock rating was maintained by Jefferies with "Hold". Jefferies maintained Sysco Corporation (NYSE:SYY) on Thursday, August 3 with "Hold" rating. Citigroup upped their target price on shares of Sysco from $60.00 to $63.00 and gave the company a "neutral" rating in a research report on Tuesday, March 27th.

Investors sentiment increased to 1.03 in 2017 Q4. Its up 0.39, from 1.07 in 2017Q3. It improved, as 46 investors sold Sysco Corporation shares while 345 reduced holdings. 109 funds opened positions while 242 raised stakes. The institutional investor held 32.67M shares of the oil & gas production company at the end of 2017Q4, valued at $182.31M, down from 32.81 million at the end of the previous reported quarter.

Financial Counselors Inc decreased Sysco Corp (SYY) stake by 68.63% reported in 2017Q4 SEC filing. Trustcore Financial Services LLC purchased a new stake in shares of SYSCO in the fourth quarter worth approximately $194,000. Bb&T Corporation holds 139,257 shares. Hartford Invest Mgmt owns 104,047 shares. Teacher Retirement Of Texas holds 0.01% or 13,738 shares. Connor Clark And Lunn Invest Management Ltd reported 0.06% of its portfolio in Southwestern Energy Company (NYSE:SWN). Parnassus Investments CA increased its stake in Sysco by 1.8% during the 4th quarter. Moreover, Estabrook has 0.01% invested in Sysco Corporation (NYSE:SYY) for 605 shares. Hudock Gru Ltd has invested 0.01% in Sysco Corporation (NYSE:SYY). Sei Invests has invested 0.06% in Sysco Corporation (NYSE:SYY).

According to Zacks, analysts expect that SYSCO will report full year sales of $14.40 billion for the current year, with estimates ranging from $58.60 billion to $58.92 billion. During the same period previous year, the firm posted $0.58 earnings per share. American Century Companies Inc. boosted its position in shares of Sysco by 7.5% in the 4th quarter. It also increased its holding in Berkshire Hills Bancorp Inc (NYSE:BHLB) by 84,803 shares in the quarter, for a total of 377,936 shares, and has risen its stake in Tivo Corp.

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