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Delta Asset Management Position in Sysco (SYY) Has Upped by $369,400; Devon Energy New Com (DVN) Holder Sterling Capital Management Has Decreased Stake as Shares Declined

Delta Asset Management Llc increased its stake in Sysco Corp (SYY) by 1.59% based on its latest 2017Q2 regulatory filing with the SEC. Delta Asset Management Llc bought 7,388 shares as the company’s stock rose 4.26% with the market. The institutional investor held 472,354 shares of the food distributors company at the end of 2017Q2, valued at $23.77 million, up from 464,966 at the end of the previous reported quarter. Delta Asset Management Llc who had been investing in Sysco Corp for a number of months, seems to be bullish on the $31.92 billion market cap company. The stock decreased 0.60% or $0.37 during the last trading session, reaching $61.25. About 719,974 shares traded. Sysco Corporation (NYSE:SYY) has risen 11.23% since December 14, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Sterling Capital Management Llc decreased its stake in Devon Energy Corp New Com (DVN) by 87.36% based on its latest 2017Q2 regulatory filing with the SEC. Sterling Capital Management Llc sold 214,738 shares as the company’s stock declined 13.09% while stock markets rallied. The institutional investor held 31,077 shares of the oil & gas production company at the end of 2017Q2, valued at $993,000, down from 245,815 at the end of the previous reported quarter. Sterling Capital Management Llc who had been investing in Devon Energy Corp New Com for a number of months, seems to be less bullish one the $20.09 billion market cap company. The stock increased 0.42% or $0.16 during the last trading session, reaching $38.22. About 1.83 million shares traded. Devon Energy Corporation (NYSE:DVN) has risen 13.24% since December 14, 2016 and is uptrending. It has underperformed by 3.46% the S&P500.

Delta Asset Management Llc, which manages about $659.71 million and $646.64M US Long portfolio, decreased its stake in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 13,058 shares to 213,447 shares, valued at $6.49 million in 2017Q2, according to the filing.

Since August 23, 2017, it had 2 insider buys, and 13 selling transactions for $16.89 million activity. 889,561 shares valued at $47.75 million were bought by PELTZ NELSON on Friday, September 15. The insider Shurts Wayne sold $807,378. 372,314 shares were sold by Frank Joshua D., worth $19.77M on Tuesday, September 12. On Friday, September 29 the insider Moskowitz Paul T sold $902,018.

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Sysco Corporation had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 19. The firm earned “Hold” rating on Thursday, September 28 by Jefferies. The rating was initiated by RBC Capital Markets on Wednesday, January 25 with “Sector Perform”. The stock of Sysco Corporation (NYSE:SYY) has “Underweight” rating given on Tuesday, February 2 by Morgan Stanley. Credit Suisse upgraded the shares of SYY in report on Monday, February 6 to “Outperform” rating. JP Morgan upgraded Sysco Corporation (NYSE:SYY) on Tuesday, February 7 to “Overweight” rating. The firm has “Hold” rating by Jefferies given on Thursday, August 3. Wells Fargo maintained Sysco Corporation (NYSE:SYY) on Monday, July 17 with “Buy” rating. The firm has “Hold” rating by RBC Capital Markets given on Friday, October 13. The firm has “Hold” rating by Pivotal Research given on Friday, August 11.

Investors sentiment increased to 0.87 in Q2 2017. Its up 0.08, from 0.79 in 2017Q1. It is positive, as 44 investors sold SYY shares while 351 reduced holdings. 84 funds opened positions while 258 raised stakes. 414.66 million shares or 0.17% more from 413.94 million shares in 2017Q1 were reported. Laurion Cap LP holds 0.02% of its portfolio in Sysco Corporation (NYSE:SYY) for 72,900 shares. Korea Investment holds 710,930 shares or 0.17% of its portfolio. Stonebridge Capital Management Inc owns 6,600 shares. Capstone Asset Communications has invested 0.07% in Sysco Corporation (NYSE:SYY). Tiaa Cref Inv Mngmt Lc stated it has 2.04M shares. Confluence Wealth Management Lc holds 5,201 shares. Brown Brothers Harriman Com has invested 0.03% in Sysco Corporation (NYSE:SYY). Outfitter Limited accumulated 21,377 shares. Citigroup Incorporated owns 415,089 shares. Stadion Money Ltd Com accumulated 35,126 shares. Webster National Bank & Trust N A stated it has 0.02% in Sysco Corporation (NYSE:SYY). Americafirst Cap Management Limited stated it has 9,543 shares or 0.61% of all its holdings. Beacon Financial Group Inc Incorporated reported 5,678 shares. Voya Mngmt Ltd Liability Corporation holds 4.98M shares. Dumont Blake Investment Ltd Limited Liability Company, New Jersey-based fund reported 24,599 shares.

Sterling Capital Management Llc, which manages about $45.64 billion and $10.36 billion US Long portfolio, upped its stake in Southwestern Energy Co Com (NYSE:SWN) by 3.67M shares to 8.41M shares, valued at $51.11 million in 2017Q2, according to the filing. It also increased its holding in Voya Financial Inc Ny (NYSE:VOYA) by 19,833 shares in the quarter, for a total of 26,233 shares, and has risen its stake in Bristol Myers Squibb Co Com (NYSE:BMY).

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.06, from 1.02 in 2017Q1. It is positive, as 84 investors sold DVN shares while 210 reduced holdings. 74 funds opened positions while 243 raised stakes. 400.45 million shares or 0.08% more from 400.14 million shares in 2017Q1 were reported. Moreover, Oakworth Cap has 0.02% invested in Devon Energy Corporation (NYSE:DVN) for 1,778 shares. Strs Ohio accumulated 14,778 shares. Kames Capital Public Limited has invested 0% of its portfolio in Devon Energy Corporation (NYSE:DVN). 1832 Asset Mngmt Lp reported 0.08% stake. 75,168 are owned by Van Strum And Towne. Cullen Frost Bankers Inc reported 0.01% of its portfolio in Devon Energy Corporation (NYSE:DVN). Endurance Wealth has 0.39% invested in Devon Energy Corporation (NYSE:DVN). Clearbridge Lc reported 0.07% of its portfolio in Devon Energy Corporation (NYSE:DVN). State Street Corporation reported 0.08% stake. Ahl Prtn Llp reported 0% stake. 11,239 are owned by Joel Isaacson Company Lc. Advantus Cap Mngmt stated it has 0.04% of its portfolio in Devon Energy Corporation (NYSE:DVN). Exxonmobil Invest Mngmt Tx has 0.08% invested in Devon Energy Corporation (NYSE:DVN). Nuveen Asset Mgmt holds 0% of its portfolio in Devon Energy Corporation (NYSE:DVN) for 13,358 shares. Connecticut-based Northcoast Asset Mgmt Limited Liability Com has invested 0.06% in Devon Energy Corporation (NYSE:DVN).

Analysts await Devon Energy Corporation (NYSE:DVN) to report earnings on February, 13. They expect $0.54 EPS, up 116.00% or $0.29 from last year’s $0.25 per share. DVN’s profit will be $283.78M for 17.69 P/E if the $0.54 EPS becomes a reality. After $0.46 actual EPS reported by Devon Energy Corporation for the previous quarter, Wall Street now forecasts 17.39% EPS growth.

Among 34 analysts covering Devon Energy Corporation (NYSE:DVN), 23 have Buy rating, 0 Sell and 11 Hold. Therefore 68% are positive. Devon Energy Corporation had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Evercore to “Buy” on Friday, April 15. The firm has “Buy” rating given on Monday, May 29 by RBC Capital Markets. The company was maintained on Wednesday, November 22 by Piper Jaffray. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, October 5 report. Wells Fargo downgraded the stock to “Market Perform” rating in Wednesday, January 11 report. The firm earned “Buy” rating on Friday, November 10 by Cowen & Co. Barclays Capital upgraded Devon Energy Corporation (NYSE:DVN) rating on Monday, January 11. Barclays Capital has “Overweight” rating and $36 target. The stock of Devon Energy Corporation (NYSE:DVN) has “Buy” rating given on Sunday, August 20 by Cowen & Co. The rating was downgraded by Raymond James to “Mkt Perform” on Tuesday, September 6. Piper Jaffray initiated the stock with “Hold” rating in Monday, July 17 report.

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