Nomura Asset Management Company LTD Trimmed Its Position in Sysco (SYY) by $1.23 Million as Stock Price Declined; Arrow Financial Holding in Pfizer (PFE) Has Lowered by $419,940 as Shares Declined

April 22, 2018 - By Peter Kolinski

Pfizer Inc. (NYSE:PFE) Logo

Arrow Financial Corp decreased its stake in Pfizer Inc (PFE) by 7.71% based on its latest 2017Q4 regulatory filing with the SEC. Arrow Financial Corp sold 11,665 shares as the company’s stock declined 3.13% with the market. The institutional investor held 139,591 shares of the health care company at the end of 2017Q4, valued at $5.06 million, down from 151,256 at the end of the previous reported quarter. Arrow Financial Corp who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $217.90 billion market cap company. The stock increased 0.27% or $0.1 during the last trading session, reaching $36.63. About 21.23M shares traded. Pfizer Inc. (NYSE:PFE) has risen 2.43% since April 22, 2017 and is uptrending. It has underperformed by 9.12% the S&P500.

Nomura Asset Management Company Ltd decreased its stake in Sysco Corp (SYY) by 8.92% based on its latest 2017Q4 regulatory filing with the SEC. Nomura Asset Management Company Ltd sold 20,489 shares as the company’s stock declined 2.24% with the market. The institutional investor held 209,311 shares of the food distributors company at the end of 2017Q4, valued at $12.71 million, down from 229,800 at the end of the previous reported quarter. Nomura Asset Management Company Ltd who had been investing in Sysco Corp for a number of months, seems to be less bullish one the $31.92B market cap company. The stock decreased 0.70% or $0.43 during the last trading session, reaching $61.15. About 2.64M shares traded. Sysco Corporation (NYSE:SYY) has risen 14.07% since April 22, 2017 and is uptrending. It has outperformed by 2.52% the S&P500.

Investors sentiment increased to 1.06 in Q4 2017. Its up 0.10, from 0.96 in 2017Q3. It increased, as 51 investors sold PFE shares while 675 reduced holdings. 134 funds opened positions while 632 raised stakes. 4.07 billion shares or 0.28% more from 4.06 billion shares in 2017Q3 were reported. Hexavest reported 6.93M shares stake. Ipswich Invest Mgmt Company Incorporated holds 33,544 shares or 0.51% of its portfolio. Acadian Asset Ltd Llc holds 0.51% or 3.26M shares. Howe & Rusling Inc invested 2.37% of its portfolio in Pfizer Inc. (NYSE:PFE). Burney has invested 0.3% in Pfizer Inc. (NYSE:PFE). Moreover, Wealthfront Inc has 0.07% invested in Pfizer Inc. (NYSE:PFE) for 178,466 shares. Mitchell Sinkler Starr Pa has 19,387 shares. Martin Currie Ltd invested in 0.69% or 268,792 shares. First Light Asset Management Ltd Liability Corp invested in 0.09% or 8,558 shares. Stewart West Indies Trading has 3.69% invested in Pfizer Inc. (NYSE:PFE). Riverhead Cap Limited Liability Co stated it has 0.58% in Pfizer Inc. (NYSE:PFE). Monetary Mngmt Gp owns 26,145 shares for 0.38% of their portfolio. Carroll Financial Incorporated stated it has 0.91% of its portfolio in Pfizer Inc. (NYSE:PFE). Strategic Serv Incorporated, a New York-based fund reported 133,382 shares. Mutual Of Omaha Retail Bank Wealth Mgmt invested 0.66% of its portfolio in Pfizer Inc. (NYSE:PFE).

Since December 15, 2017, it had 0 insider buys, and 12 sales for $12.99 million activity. LUND-JURGENSEN KIRSTEN sold 9,510 shares worth $353,677. 33,368 Pfizer Inc. (NYSE:PFE) shares with value of $1.24 million were sold by SUSMAN SALLY. $1.52M worth of Pfizer Inc. (NYSE:PFE) shares were sold by HILL CHARLES H. MACKENZIE ALEXANDER R had sold 6,750 shares worth $249,750 on Friday, December 15. Shares for $1.84 million were sold by LANKLER DOUGLAS M. CORNWELL W DON sold 1,758 shares worth $64,679.

Among 22 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 12 Hold. Therefore 41% are positive. Pfizer had 78 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Suntrust Robinson given on Wednesday, November 25. As per Friday, August 28, the company rating was maintained by Piper Jaffray. The stock of Pfizer Inc. (NYSE:PFE) has “Outperform” rating given on Monday, May 9 by Credit Suisse. Jefferies maintained it with “Buy” rating and $39 target in Tuesday, September 13 report. The firm has “Market Perform” rating given on Wednesday, January 31 by Leerink Swann. The rating was maintained by Jefferies on Thursday, April 7 with “Buy”. Argus Research maintained the shares of PFE in report on Tuesday, November 3 with “Buy” rating. On Tuesday, August 1 the stock rating was maintained by BMO Capital Markets with “Hold”. As per Tuesday, October 31, the company rating was maintained by Piper Jaffray. The stock of Pfizer Inc. (NYSE:PFE) earned “Buy” rating by Cowen & Co on Monday, July 10.

Analysts await Pfizer Inc. (NYSE:PFE) to report earnings on May, 1 before the open. They expect $0.73 EPS, up 5.80% or $0.04 from last year’s $0.69 per share. PFE’s profit will be $4.34 billion for 12.54 P/E if the $0.73 EPS becomes a reality. After $0.62 actual EPS reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts 17.74% EPS growth.

Investors sentiment increased to 0.9 in Q4 2017. 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. Barclays Public Ltd Co holds 0.04% of its portfolio in Sysco Corporation (NYSE:SYY) for 758,107 shares. Nomura Asset Management has 209,311 shares for 0.15% of their portfolio. Metropolitan Life Insur New York stated it has 96,393 shares. Telos Mngmt accumulated 22,937 shares or 0.49% of the stock. Deutsche State Bank Ag holds 2.69M shares. Hsbc Hldgs Public Ltd Liability holds 517,646 shares. Essex Financial holds 7,215 shares or 0.1% of its portfolio. Legg Mason Asset Mngmt (Japan) Ltd has invested 0.85% in Sysco Corporation (NYSE:SYY). Martingale Asset Limited Partnership owns 648,714 shares. Stone Ridge Asset Mgmt Lc has invested 0.15% in Sysco Corporation (NYSE:SYY). Nuance Limited Liability Corp holds 0.55% or 136,144 shares. Moreover, Mcf Advsrs Limited has 0.01% invested in Sysco Corporation (NYSE:SYY). Putnam Invests Ltd owns 588,576 shares. Meyer Handelman Co owns 1.83% invested in Sysco Corporation (NYSE:SYY) for 629,453 shares. Spectrum Mngmt Gru reported 22,175 shares.

Nomura Asset Management Company Ltd, which manages about $32.64B and $8.64B US Long portfolio, upped its stake in Lam Research Corp (NASDAQ:LRCX) by 4,892 shares to 222,206 shares, valued at $40.90M in 2017Q4, according to the filing. It also increased its holding in General Dynamics Corp (NYSE:GD) by 2,776 shares in the quarter, for a total of 37,588 shares, and has risen its stake in Tiffany & Co New (NYSE:TIF).

Since October 24, 2017, it had 0 buys, and 12 insider sales for $14.65 million activity. $852,696 worth of Sysco Corporation (NYSE:SYY) was sold by Shurts Wayne on Tuesday, October 24. Goetz William W sold 11,323 shares worth $702,026. On Monday, April 16 the insider TILGHMAN RICHARD G sold $303,100. $1.92 million worth of Sysco Corporation (NYSE:SYY) was sold by Moskowitz Paul T. Bertrand Greg D had sold 81,038 shares worth $4.92 million on Wednesday, January 10.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

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