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Ifc Holdings Trimmed Nike (NKE) Holding as Stock Declined; Shayne & Co Has Trimmed Sysco (SYY) Position as Market Value Rose

Shayne & Co decreased its stake in Sysco Corp (SYY) by 2.67% based on its latest 2017Q3 regulatory filing with the SEC. Shayne & Co sold 9,780 shares as the company’s stock rose 4.26% with the market. The institutional investor held 356,543 shares of the food distributors company at the end of 2017Q3, valued at $19.24 million, down from 366,323 at the end of the previous reported quarter. Shayne & Co who had been investing in Sysco Corp for a number of months, seems to be less bullish one the $30.76 billion market cap company. The stock decreased 1.78% or $1.07 during the last trading session, reaching $58.93. About 1.40M shares traded. Sysco Corporation (NYSE:SYY) has risen 11.23% since February 20, 2017 and is uptrending. It has underperformed by 5.47% the S&P500.

Ifc Holdings Incorporated decreased its stake in Nike Inc (NKE) by 84.55% based on its latest 2017Q3 regulatory filing with the SEC. Ifc Holdings Incorporated sold 23,988 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 4,385 shares of the consumer non-durables company at the end of 2017Q3, valued at $227,000, down from 28,373 at the end of the previous reported quarter. Ifc Holdings Incorporated who had been investing in Nike Inc for a number of months, seems to be less bullish one the $109.77B market cap company. The stock decreased 1.22% or $0.83 during the last trading session, reaching $67.47. About 3.73M shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since February 20, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.09, from 0.87 in 2017Q2. It fall, as 61 investors sold SYY shares while 345 reduced holdings. 66 funds opened positions while 249 raised stakes. 409.47 million shares or 1.25% less from 414.66 million shares in 2017Q2 were reported. First Tru Advsr LP holds 0.07% of its portfolio in Sysco Corporation (NYSE:SYY) for 526,716 shares. Somerset Tru invested in 29,805 shares. Griffin Asset holds 0.58% in Sysco Corporation (NYSE:SYY) or 59,463 shares. Cibc Ww Corporation holds 0.06% in Sysco Corporation (NYSE:SYY) or 109,739 shares. Meiji Yasuda Asset Limited, a Japan-based fund reported 27,759 shares. 755 were accumulated by Greenleaf Trust. Pub Employees Retirement Systems Of Ohio accumulated 363,090 shares or 0.1% of the stock. Baring Asset Management Ltd holds 0.08% or 25,942 shares in its portfolio. Cetera Advsr Ltd Liability Co has 0.04% invested in Sysco Corporation (NYSE:SYY) for 12,761 shares. Connors Investor Svcs Inc accumulated 0.37% or 45,000 shares. Liberty Mgmt Inc invested in 10,305 shares or 0.31% of the stock. Arrow Finance Corp has 0.01% invested in Sysco Corporation (NYSE:SYY). Tctc Holdg Lc owns 23,564 shares. Perkins Coie Tru has invested 0.03% in Sysco Corporation (NYSE:SYY). Security Trust owns 0.02% invested in Sysco Corporation (NYSE:SYY) for 1,000 shares.

Among 20 analysts covering Sysco Corporation (NYSE:SYY), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Sysco Corporation had 56 analyst reports since August 6, 2015 according to SRatingsIntel. As per Monday, February 5, the company rating was maintained by BMO Capital Markets. Loop Capital maintained Sysco Corporation (NYSE:SYY) on Tuesday, February 6 with “Buy” rating. Goldman Sachs initiated the stock with “Sell” rating in Tuesday, December 15 report. On Thursday, November 19 the stock rating was initiated by Wells Fargo with “Outperform”. As per Tuesday, May 3, the company rating was maintained by Macquarie Research. The firm has “Hold” rating given on Tuesday, November 8 by Pivotal Research. The firm earned “Neutral” rating on Wednesday, November 16 by Credit Suisse. As per Friday, February 5, the company rating was upgraded by Argus Research. Clevland Research upgraded Sysco Corporation (NYSE:SYY) on Friday, March 11 to “Neutral” rating. As per Thursday, September 28, the company rating was maintained by Jefferies.

Shayne & Co, which manages about $210.22M and $132.37M US Long portfolio, upped its stake in Wells Fargo Co New (NYSE:WFC) by 12,600 shares to 16,231 shares, valued at $895,000 in 2017Q3, according to the filing.

Since August 23, 2017, it had 2 insider purchases, and 17 insider sales for $23.89 million activity. 81,038 shares were sold by Bertrand Greg D, worth $4.92 million on Wednesday, January 10. $959,712 worth of Sysco Corporation (NYSE:SYY) was sold by Shurts Wayne on Wednesday, December 13. Moskowitz Paul T also sold $902,018 worth of Sysco Corporation (NYSE:SYY) shares. 889,561 shares valued at $47.75M were bought by PELTZ NELSON on Friday, September 15. Goetz William W sold $702,026 worth of stock or 11,323 shares. Another trade for 889,561 shares valued at $47.75M was bought by Frank Joshua D..

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.20, from 1 in 2017Q2. It dropped, as 87 investors sold NKE shares while 457 reduced holdings. 78 funds opened positions while 358 raised stakes. 985.62 million shares or 0.88% less from 994.42 million shares in 2017Q2 were reported. Schwab Charles Investment Management reported 0.22% stake. Boston Private Wealth holds 0.18% or 88,524 shares in its portfolio. Reliance Trust Of Delaware stated it has 0.03% of its portfolio in NIKE, Inc. (NYSE:NKE). Ramsay Stattman Vela Price stated it has 127,144 shares. Tdam Usa Inc owns 41,300 shares for 0.13% of their portfolio. Spinnaker has 50,822 shares. 40,357 were reported by Cypress Asset Inc Tx. Parkside National Bank And Trust invested in 0.05% or 2,700 shares. Baldwin Brothers Inc Ma stated it has 1.16% in NIKE, Inc. (NYSE:NKE). Harding Loevner LP invested in 2.69% or 12.15 million shares. Massachusetts-based Arrowstreet Capital Partnership has invested 0.05% in NIKE, Inc. (NYSE:NKE). Moreover, Stonebridge Capital Advsr Lc has 1.45% invested in NIKE, Inc. (NYSE:NKE). North Star Invest Management has invested 0.05% in NIKE, Inc. (NYSE:NKE). 21.69M were accumulated by Northern Corp. Citadel Ltd Com holds 374,118 shares.

Since September 14, 2017, it had 0 insider buys, and 8 selling transactions for $37.22 million activity. RODGERS JOHNATHAN A also sold $855,206 worth of NIKE, Inc. (NYSE:NKE) on Thursday, September 14. Another trade for 10,000 shares valued at $620,000 was made by Matheson Monique S. on Monday, December 11. $4.75M worth of NIKE, Inc. (NYSE:NKE) shares were sold by Slusher John F. EDWARDS TREVOR A also sold $6.85M worth of NIKE, Inc. (NYSE:NKE) shares. Shares for $8.78 million were sold by PARKER MARK G.

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