SYSCO Corporation (NYSE:SYY) has analysts on the Bullish side this week.

July 17, 2017 - By Marry Poplack

 SYSCO Corporation (NYSE:SYY) has analysts on the Bullish side this week.
Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.04, from 0.89 in 2016Q3. It worsened, as 53 investors sold SYSCO Corporation shares while 384 reduced holdings. 105 funds opened positions while 265 raised stakes. 402.13 million shares or 2.31% less from 411.64 million shares in 2016Q3 were reported.
Adirondack stated it has 220 shares or 0.01% of all its holdings. Beacon Financial Group has invested 0.11% of its portfolio in SYSCO Corporation (NYSE:SYY). Indiana Tru And Mngmt holds 0.32% or 11,278 shares. Amer Securities (D B A Uas Asset Management) stated it has 0.22% of its portfolio in SYSCO Corporation (NYSE:SYY). Oakworth holds 5,618 shares or 0.1% of its portfolio. Chem National Bank & Trust invested in 11,485 shares. Baring Asset Mgmt Limited has 0.02% invested in SYSCO Corporation (NYSE:SYY). Loomis Sayles And Lp owns 71 shares for 0% of their portfolio. Vestor Lc has invested 0.01% of its portfolio in SYSCO Corporation (NYSE:SYY). First holds 30,511 shares. Fukoku Mutual Life holds 3,900 shares or 0.04% of its portfolio. State Farm Mutual Automobile Insurance reported 3.86 million shares. State Of New Jersey Common Pension Fund D invested in 333,000 shares. Geode Mngmt Ltd Liability Corporation stated it has 4.18 million shares or 0.11% of all its holdings. Kcg owns 92,731 shares.

Since January 18, 2017, it had 1 insider buy, and 7 selling transactions for $8.81 million activity. Another trade for 2,500 shares valued at $129,850 was bought by Brutto Daniel J. Another trade for 15,600 shares valued at $862,914 was sold by Shurts Wayne.

SYSCO Corporation (NYSE:SYY) Ratings Coverage

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Sysco Corporation had 36 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, June 27 the stock rating was maintained by BMO Capital Markets with “Buy”. JP Morgan maintained the shares of SYY in report on Tuesday, August 16 with “Neutral” rating. The firm has “Outperform” rating by Wells Fargo given on Thursday, November 19. The firm has “Equal Weight” rating given on Thursday, November 10 by Barclays Capital. The firm earned “Hold” rating on Monday, June 19 by RBC Capital Markets. The rating was maintained by Goldman Sachs on Tuesday, May 3 with “Sell”. The stock of SYSCO Corporation (NYSE:SYY) earned “Buy” rating by Wells Fargo on Friday, June 23. The stock of SYSCO Corporation (NYSE:SYY) has “Outperform” rating given on Friday, May 5 by BMO Capital Markets. The rating was upgraded by Credit Suisse to “Outperform” on Monday, February 6. On Friday, September 23 the stock rating was initiated by Barclays Capital with “Underweight”. Below is a list of SYSCO Corporation (NYSE:SYY) latest ratings and price target changes.

27/06/2017 Broker: BMO Capital Markets Rating: Buy New Target: $60.0000 Maintain
23/06/2017 Broker: J.P. Morgan Rating: Buy New Target: $57.0000
20/06/2017 Broker: Jefferies Rating: Hold New Target: $51.0000 Maintain
19/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $50.0000 Maintain
23/06/2017 Broker: J P Morgan Chase Co Rating: Overweight New Target: $57.00 Maintain
23/06/2017 Broker: Wells Fargo Rating: Buy Maintain
16/05/2017 Broker: Loop Capital Rating: Buy New Target: $61.00 Initiates Coverage On
05/05/2017 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Old Target: $56.00 New Target: $60.00 Upgrade
12/04/2017 Broker: Guggenheim Rating: Neutral Maintain
07/02/2017 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Upgrade

About 829,560 shares traded. SYSCO Corporation (NYSE:SYY) has risen 11.23% since July 17, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Sysco Corporation is a distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company has market cap of $27.19 billion. The Company’s divisions include Broadline, SYGMA and Other. It has a 26.7 P/E ratio. The Broadline segment includes its Broadline activities located in the Bahamas, Canada, Costa Rica, Ireland, Mexico and the United States.

More notable recent SYSCO Corporation (NYSE:SYY) news were published by: Nasdaq.com which released: “Sysco Corporation (SYY) Ex-Dividend Date Scheduled for July 05, 2017” on July 03, 2017, also Nasdaq.com with their article: “Ex-Dividend Reminder: Sysco Corp, American Eagle Outfitters and Sempra Energy” published on July 03, 2017, Investorplace.com published: “Why Bed Bath & Beyond Inc. (BBBY), Home Depot Inc (HD) and Sysco Corporation …” on June 23, 2017. More interesting news about SYSCO Corporation (NYSE:SYY) were released by: Globenewswire.com and their article: “Sysco Releases Corporate Social Responsibility Report” published on July 05, 2017 as well as Seekingalpha.com‘s news article titled: “Sysco Corp.: A Future Dividend King Worth Reviewing” with publication date: June 17, 2017.

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