Sysco Corp (SYY) Holder Gamble Jones Investment Counsel Cut Its Holding

Sysco Corporation (NYSE:SYY) LogoInvestors sentiment increased to 0.88 in Q2 2018. Its up 0.08, from 0.8 in 2018Q1. It increased, as 41 investors sold SYY shares while 355 reduced holdings. 97 funds opened positions while 250 raised stakes. 407.24 million shares or 0.32% less from 408.53 million shares in 2018Q1 were reported. Haverford Tru Co invested in 0.02% or 14,496 shares. Busey Com holds 5,183 shares or 0.04% of its portfolio. Fukoku Mutual Life Ins holds 3,600 shares. Brave Asset Mgmt accumulated 0.2% or 5,000 shares. Lowe Brockenbrough & owns 67,349 shares. Susquehanna Grp Limited Liability Partnership has 3,817 shares for 0% of their portfolio. Conning accumulated 0.03% or 15,424 shares. Lbmc Inv reported 0.12% of its portfolio in Sysco Corporation (NYSE:SYY). Old Republic Interest invested in 1.23% or 584,800 shares. Da Davidson holds 0.11% of its portfolio in Sysco Corporation (NYSE:SYY) for 84,108 shares. Marshwinds Advisory stated it has 4,450 shares or 0.14% of all its holdings. Edgestream Partners Lp stated it has 23,610 shares or 0.33% of all its holdings. Sumitomo Mitsui Asset has 36,862 shares. San Francisco Sentry Investment Grp Inc (Ca), California-based fund reported 1,490 shares. Paragon Mgmt Ltd holds 0.28% in Sysco Corporation (NYSE:SYY) or 4,642 shares.

Since May 15, 2018, it had 0 insider buys, and 15 sales for $1.04 billion activity. PELTZ NELSON had sold 2.79 million shares worth $209.38M on Wednesday, September 5. $996,645 worth of stock was sold by Moskowitz Paul T on Friday, May 25. TILGHMAN RICHARD G had sold 5,000 shares worth $368,550. 9,147 shares valued at $675,232 were sold by Todd Brian R on Wednesday, August 15. Grade Joel T. sold 17,438 shares worth $1.19M.

Gamble Jones Investment Counsel decreased its stake in Sysco Corp (SYY) by 47.32% based on its latest 2018Q2 regulatory filing with the SEC. Gamble Jones Investment Counsel sold 50,848 shares as the company’s stock rose 13.05% with the market. The institutional investor held 56,604 shares of the food distributors company at the end of 2018Q2, valued at $3.87M, down from 107,452 at the end of the previous reported quarter. Gamble Jones Investment Counsel who had been investing in Sysco Corp for a number of months, seems to be less bullish one the $34.59 billion market cap company. The stock decreased 0.46% or $0.31 during the last trading session, reaching $66.55. About 1.78 million shares traded. Sysco Corporation (NYSE:SYY) has risen 40.95% since November 14, 2017 and is uptrending. It has outperformed by 25.33% the S&P500.

Gamble Jones Investment Counsel, which manages about $1.24 billion and $996.49M US Long portfolio, upped its stake in Jd Com Inc (NASDAQ:JD) by 81,519 shares to 138,241 shares, valued at $5.38 million in 2018Q2, according to the filing.

More important recent Sysco Corporation (NYSE:SYY) news were published by: Seekingalpha.com which released: “SYSCO down 6% on earnings miss” on November 05, 2018, also Globenewswire.com published article titled: “Gilchrist & Soames Launches Simply Suppliesâ„¢”, Globenewswire.com published: “Sysco Donates $50000 for Hurricane Michael Relief Efforts” on October 16, 2018. More interesting news about Sysco Corporation (NYSE:SYY) was released by: Seekingalpha.com and their article: “Dividend Champion Spotlight: Sysco Corporation” with publication date: November 13, 2018.

Sysco Corporation (NYSE:SYY) Ratings Coverage

Among 8 analysts covering Sysco (NYSE:SYY), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Sysco had 12 analyst reports since June 19, 2018 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, June 19 by Citigroup. Pivotal Research downgraded the stock to “Sell” rating in Friday, August 10 report. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, July 17 report. Argus Research maintained the stock with “Buy” rating in Thursday, August 16 report. The stock of Sysco Corporation (NYSE:SYY) earned “Outperform” rating by Credit Suisse on Tuesday, November 6. BMO Capital Markets maintained the shares of SYY in report on Tuesday, November 6 with “Outperform” rating. The stock of Sysco Corporation (NYSE:SYY) has “Equal-Weight” rating given on Tuesday, August 14 by Morgan Stanley. BMO Capital Markets maintained the shares of SYY in report on Tuesday, August 14 with “Outperform” rating. As per Tuesday, November 6, the company rating was maintained by RBC Capital Markets. Citigroup maintained the shares of SYY in report on Tuesday, November 13 with “Neutral” rating.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

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