Sysco Corp (NYSE:SYY): Negative Stock Sentiment

Schaper Benz Wise Inv Counsel Wi accumulated 321,825 shares. The Nordea Investment Management Ab holds 1.94 million shares with $104.51 million value, up from 1.93 million last quarter. $959,712 worth of Sysco Corporation (NYSE:SYY) shares were sold by Shurts Wayne. The stock decreased 0.03% or $0.02 during the last trading session, reaching $61.2. Following the sale, the chief executive officer now directly owns 406,725 shares of the company's stock, valued at approximately $22,353,606. It has underperformed by 5.47% the S&P500. Parkside Financial Bank & Trust now owns 2,324 shares of the company's stock worth $114,000 after buying an additional 13 shares during the last quarter. Glaxosmithkline Plc now has $87.55 billion valuation. About 5.00M shares traded. Boingo Wireless, Inc. (NASDAQ:WIFI) has risen 132.10% since January 13, 2017 and is uptrending. It has outperformed by 1.08% the S&P500. BMO Capital Markets set a $66.00 price objective on shares of SYSCO and gave the company a "buy" rating in a research report on Friday, December 8th. Therefore 65% are positive. SYY was included in 48 notes of analysts from August 6, 2015. On Tuesday, November 8 the stock rating was upgraded by Bank of America to "Buy". The company was maintained on Friday, June 9 by Barclays Capital. They issued a "sector perform" rating and a $47.00 price target for the company. BTIG Research initiated it with "Sell" rating and $6.85 target in Monday, July 11 report. The firm earned "Neutral" rating on Wednesday, November 16 by Credit Suisse. Jefferies maintained Sysco Corporation (NYSE:SYY) rating on Tuesday, June 20. As per Friday, February 19, the company rating was maintained by Credit Suisse. As per Wednesday, November 25, the company rating was initiated by Piper Jaffray. The firm has "Overweight" rating by JP Morgan given on Thursday, October 12.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down -0.09, from 0.87 in 2017Q2. 122 funds opened positions while 336 raised stakes. Glg Ltd Liability Corporation, New York-based fund reported 24,430 shares. Regions Fincl Corporation reported 0.03% stake. Tower Cap Limited Liability Company (Trc) holds 0% in Sysco Corporation (NYSE:SYY) or 468 shares. Monetary Mgmt Incorporated invested in 0.01% or 600 shares. 103,550 are owned by Hap Trading Limited Liability Company. Connecticut-based Ardsley Advisory Ptnrs has invested 1.13% in FedEx Corporation (NYSE:FDX). Montgomery Invest Management Inc accumulated 7,800 shares. Burney owns 16,687 shares. Boys Arnold & Co holds 13,525 shares. Zevenbergen Capital Investments Llc invested in 2,805 shares. On Tuesday, September 12 the insider PELTZ NELSON sold $19.77 million. The insider Colleran Donald F sold 10,000 shares worth $2.20M. 6,750 FedEx Corporation (NYSE:FDX) shares with value of $1.48 million were sold by Subramaniam Rajesh. The institutional investor held 20,009 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $1.25M, up from 12,560 at the end of the previous reported quarter. It also reduced its holding in Deere & Co (NYSE:DE) by 5,997 shares in the quarter, leaving it with 3,135 shares, and cut its stake in Abbott Laboratories. Rydex Etf Trust (RPV) was reduced too. Also, the number of investment managers holding Sysco Corp in their top 10 holdings decreased from 13 to 12 for a decrease of 1. Therefore 53% are positive. Pivotal Research boosted their price target on SYSCO from $53.00 to $60.00 and gave the stock a "buy" rating in a research report on Tuesday, December 12th. The company was upgraded on Friday, May 5 by BMO Capital Markets. Finally, Loop Capital raised their price objective on shares of SYSCO to $68.00 and gave the company a "buy" rating in a research report on Monday, December 11th. As per Wednesday, April 12, the company rating was maintained by Guggenheim. The firm earned "Neutral" rating on Friday, March 11 by Clevland Research. The company was maintained on Tuesday, May 3 by Macquarie Research. As per Friday, August 14, the company rating was maintained by JP Morgan.

Since January 1, 0001, it had 2 insider purchases, and 16 selling transactions for $19.62 million activity. DeLaney William J III had sold 30,000 shares worth $1.64 million. Libby Russell T. sold 13,334 shares worth $809,240. It also upped Emerson Elec Co (NYSE:EMR) stake by 47,930 shares and now owns 54,595 shares.

SYSCO (NYSE:SYY) last announced its quarterly earnings results on Monday, November 6th. Its down 0.09, from 0.87 in 2017Q2. It is negative, as 61 investors sold SYY shares while 345 reduced holdings.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Alpha Windward Ltd invested in 0.13% or 3,971 shares. Massachusetts-based Birch Hill Investment Advsrs Llc has invested 0.05% in Sysco Corporation (NYSE:SYY). Andra Ap reported 148,900 shares stake. Following the completion of the sale, the insider now directly owns 55,235 shares of the company's stock, valued at $3,393,638.40. Pinnacle Prtnrs holds 0.12% or 17,965 shares in its portfolio. Old Natl State Bank In holds 82,456 shares. Fisher Asset Management Ltd Liability Company reported 0.12% stake. Benedict Advsr reported 69,222 shares stake. Pdts Partners Lc has 194,765 shares for 0.35% of their portfolio. SYY's profit will be $338.68M for 23.55 P/E if the $0.65 EPS becomes a reality. State Farm Mutual Automobile Insurance Company reported 0.28% of its portfolio in Sysco Corporation (NYSE:SYY). Motco holds 0% of its portfolio in Sysco Corporation (NYSE:SYY) for 405 shares.

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