Trending Stock News

Troy Asset Management LTD Has Cut By $2.34 Million Its Sysco (SYY) Holding; Franklin Resources Increased Bank Amer (BAC) Stake

Bank of America Corporation (NYSE:BAC) Logo

Troy Asset Management Ltd decreased Sysco Corp (SYY) stake by 60.94% reported in 2017Q4 SEC filing. Troy Asset Management Ltd sold 39,000 shares as Sysco Corp (SYY)’s stock declined 2.24%. The Troy Asset Management Ltd holds 25,000 shares with $1.52 million value, down from 64,000 last quarter. Sysco Corp now has $33.62B valuation. The stock increased 0.67% or $0.429 during the last trading session, reaching $64.529. About 677,248 shares traded. Sysco Corporation (NYSE:SYY) has risen 14.07% since May 24, 2017 and is uptrending. It has outperformed by 2.52% the S&P500.

Franklin Resources Inc increased Bank Amer Corp (BAC) stake by 5.91% reported in 2017Q4 SEC filing. Franklin Resources Inc acquired 884,271 shares as Bank Amer Corp (BAC)’s stock declined 1.20%. The Franklin Resources Inc holds 15.85 million shares with $467.94 million value, up from 14.97 million last quarter. Bank Amer Corp now has $306.51B valuation. The stock decreased 0.69% or $0.21 during the last trading session, reaching $30.23. About 42.42 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 24, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Analysts await Sysco Corporation (NYSE:SYY) to report earnings on August, 13. They expect $0.91 EPS, up 26.39% or $0.19 from last year’s $0.72 per share. SYY’s profit will be $474.10M for 17.73 P/E if the $0.91 EPS becomes a reality. After $0.67 actual EPS reported by Sysco Corporation for the previous quarter, Wall Street now forecasts 35.82% EPS growth.

Since December 13, 2017, it had 0 insider buys, and 14 insider sales for $15.94 million activity. Shurts Wayne sold $958,386 worth of stock. Moskowitz Paul T sold $1.92 million worth of Sysco Corporation (NYSE:SYY) on Tuesday, April 17. Another trade for 13,334 shares valued at $809,240 was made by Libby Russell T. on Tuesday, January 2. TILGHMAN RICHARD G had sold 5,000 shares worth $303,100. Shares for $702,026 were sold by Goetz William W. On Wednesday, January 10 the insider Bertrand Greg D sold $4.92M.

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.12, from 0.78 in 2017Q3. It improved, as 46 investors sold SYY shares while 345 reduced holdings. 109 funds opened positions while 242 raised stakes. 400.42 million shares or 2.21% less from 409.47 million shares in 2017Q3 were reported. Carnegie Asset Mgmt Ltd Liability Com holds 0.18% of its portfolio in Sysco Corporation (NYSE:SYY) for 34,870 shares. Regions Financial reported 39,382 shares. Girard Limited holds 0.05% or 4,027 shares. Cannell Peter B & holds 0.18% of its portfolio in Sysco Corporation (NYSE:SYY) for 85,264 shares. Beach Investment Counsel Pa holds 0.26% of its portfolio in Sysco Corporation (NYSE:SYY) for 43,462 shares. Arrow Fincl invested in 500 shares or 0.01% of the stock. Texas Permanent School Fund reported 0.1% stake. Wisconsin-based State Of Wisconsin Invest Board has invested 0.12% in Sysco Corporation (NYSE:SYY). Whittier Tru Of Nevada Incorporated has 0.04% invested in Sysco Corporation (NYSE:SYY). Wells Fargo & Mn stated it has 12.95 million shares or 0.23% of all its holdings. Signature Est Investment Advsrs Lc has 1.92% invested in Sysco Corporation (NYSE:SYY). Coldstream Capital Mgmt stated it has 0.29% in Sysco Corporation (NYSE:SYY). Amer Gru Incorporated Inc reported 154,104 shares stake. First Foundation Advsr has 5,699 shares for 0.02% of their portfolio. Clifford Swan Counsel Ltd Company, a California-based fund reported 206,508 shares.

More important recent Sysco Corporation (NYSE:SYY) news were published by: Seekingalpha.com which released: “Tracking Nelson Peltz’s Trian Fund Management Portfolio – Q1 2018 Update” on May 23, 2018, also Seekingalpha.com published article titled: “Sysco: Not Messing Around”, Globenewswire.com published: “Sysco Reports Third Quarter Earnings” on May 07, 2018. More interesting news about Sysco Corporation (NYSE:SYY) was released by: Seekingalpha.com and their article: “Sysco Corporation 2018 Q3 – Results – Earnings Call Slides” with publication date: May 07, 2018.

Among 21 analysts covering Sysco Corporation (NYSE:SYY), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Sysco Corporation had 60 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Tuesday, May 8 by Morgan Stanley. Argus Research upgraded it to “Buy” rating and $50 target in Friday, February 5 report. The firm has “Hold” rating given on Thursday, February 1 by RBC Capital Markets. The stock has “Hold” rating by RBC Capital Markets on Monday, June 19. The rating was maintained by BMO Capital Markets with “Buy” on Monday, February 5. The stock of Sysco Corporation (NYSE:SYY) has “Hold” rating given on Friday, August 11 by RBC Capital Markets. The firm has “Hold” rating by RBC Capital Markets given on Friday, October 13. BMO Capital Markets maintained Sysco Corporation (NYSE:SYY) on Tuesday, June 27 with “Buy” rating. The company was maintained on Wednesday, April 12 by Guggenheim. The stock has “Underweight” rating by Morgan Stanley on Tuesday, February 2.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Financial sector the winner today” on May 22, 2018, also Bizjournals.com with their article: “Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting” published on May 23, 2018, Seekingalpha.com published: “Bank Of America: Time To Sell?” on May 08, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank Of America: This 6.00% Preferred Stock Has Begun Trading On The NYSE” published on May 17, 2018 as well as Bizjournals.com‘s news article titled: “Banking Roundup: Wells Fargo hit by reports of altered documents… BofA rolls out AI assistant Erica” with publication date: May 23, 2018.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Bank of America Corporation (NYSE:BAC) has “Neutral” rating given on Tuesday, August 25 by Robert W. Baird. Keefe Bruyette & Woods maintained the shares of BAC in report on Tuesday, June 6 with “Buy” rating. The rating was maintained by Robert W. Baird with “Hold” on Tuesday, October 31. As per Thursday, February 16, the company rating was upgraded by Macquarie Research. Bruyette & Woods” upgraded the shares of BAC in report on Monday, August 24 to “Mkt Perform” rating. The firm earned “Buy” rating on Wednesday, June 14 by RBC Capital Markets. Vetr upgraded Bank of America Corporation (NYSE:BAC) on Monday, August 24 to “Buy” rating. Jefferies maintained the stock with “Buy” rating in Friday, July 7 report. Deutsche Bank maintained it with “Buy” rating and $20 target in Wednesday, August 12 report. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Wednesday, April 4 report.

Franklin Resources Inc decreased Proofpoint Inc (NASDAQ:PFPT) stake by 41,950 shares to 151,722 valued at $13.48 million in 2017Q4. It also reduced Equity Lifestyle Pptys Inc (NYSE:ELS) stake by 9,830 shares and now owns 204,402 shares. Bioverativ Inc was reduced too.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.15, from 1.04 in 2017Q3. It improved, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Monroe Savings Bank And Mi stated it has 8,470 shares. Univest Of Pennsylvania invested 0.14% of its portfolio in Bank of America Corporation (NYSE:BAC). Summit Fincl Wealth Advsr Ltd Co has invested 0.19% in Bank of America Corporation (NYSE:BAC). Aimz Investment Advsrs Ltd Liability Com accumulated 23,308 shares. Invest House Limited Company holds 0.06% in Bank of America Corporation (NYSE:BAC) or 15,734 shares. The Michigan-based Seizert Cap Prns Lc has invested 2.38% in Bank of America Corporation (NYSE:BAC). Gulf Intl National Bank & Trust (Uk) Ltd has invested 1.19% in Bank of America Corporation (NYSE:BAC). Signature Est Lc reported 702,633 shares stake. Signalpoint Asset Mgmt Lc owns 40,208 shares for 0.74% of their portfolio. Employees Retirement Association Of Colorado holds 1.87 million shares or 0.35% of its portfolio. Frontier Investment invested 0.39% of its portfolio in Bank of America Corporation (NYSE:BAC). Tudor Inv Et Al holds 0.03% or 39,334 shares in its portfolio. 609,276 are held by Avalon Limited Liability Company. Sandhill Capital Ltd holds 751,279 shares. Pacific Global Invest invested 1.74% of its portfolio in Bank of America Corporation (NYSE:BAC).

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *