Ashfield Capital Partners Has Raised Alibaba Group Hldg LTD (BABA) Position By $378,572; Symphony Asset Management Lowered Sysco Com (SYY) Holding By $1.23 Million

May 27, 2018 - By Dolores Ford

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Symphony Asset Management Llc decreased Sysco Corp Com (SYY) stake by 58.54% reported in 2017Q4 SEC filing. Symphony Asset Management Llc sold 20,531 shares as Sysco Corp Com (SYY)’s stock declined 2.24%. The Symphony Asset Management Llc holds 14,542 shares with $883,000 value, down from 35,073 last quarter. Sysco Corp Com now has $33.88 billion valuation. The stock increased 0.67% or $0.43 during the last trading session, reaching $65.02. About 1.93M shares traded. Sysco Corporation (NYSE:SYY) has risen 14.07% since May 27, 2017 and is uptrending. It has outperformed by 2.52% the S&P500.

Ashfield Capital Partners Llc increased Alibaba Group Hldg Ltd (BABA) stake by 12.11% reported in 2017Q4 SEC filing. Ashfield Capital Partners Llc acquired 2,201 shares as Alibaba Group Hldg Ltd (BABA)’s stock rose 3.18%. The Ashfield Capital Partners Llc holds 20,369 shares with $3.51 million value, up from 18,168 last quarter. Alibaba Group Hldg Ltd now has $511.84 billion valuation. The stock increased 0.93% or $1.83 during the last trading session, reaching $199.2. About 21.27 million shares traded or 20.67% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 68.29% since May 27, 2017 and is uptrending. It has outperformed by 56.74% the S&P500.

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 rating was maintained by JP Morgan with “Neutral” on Tuesday, August 16. BMO Capital Markets maintained the stock with “Buy” rating in Monday, February 5 report. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, January 16. The stock of Sysco Corporation (NYSE:SYY) earned “Outperform” rating by Macquarie Research on Tuesday, May 3. The rating was initiated by Deutsche Bank with “Hold” on Monday, July 18. Barclays Capital initiated Sysco Corporation (NYSE:SYY) rating on Friday, September 23. Barclays Capital has “Underweight” rating and $48 target. BMO Capital Markets maintained the shares of SYY in report on Monday, November 6 with “Buy” rating. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, February 7. The stock has “Hold” rating by RBC Capital Markets on Friday, August 11. Goldman Sachs maintained Sysco Corporation (NYSE:SYY) rating on Tuesday, May 3. Goldman Sachs has “Sell” rating and $43 target.

Since December 13, 2017, it had 0 insider buys, and 14 sales for $15.94 million activity. Another trade for 5,000 shares valued at $303,100 was made by TILGHMAN RICHARD G on Monday, April 16. Goetz William W had sold 16,345 shares worth $993,122 on Wednesday, January 10. The insider Libby Russell T. sold $809,240. Shares for $1.92M were sold by Moskowitz Paul T on Tuesday, April 17. 15,275 shares were sold by Shurts Wayne, worth $929,458. Another trade for 81,038 shares valued at $4.92M was sold by Bertrand Greg D.

Symphony Asset Management Llc increased Philip Morris Intl Inc (NYSE:PM) stake by 5,538 shares to 19,477 valued at $2.06 million in 2017Q4. It also upped Intuit Inc Com (NASDAQ:INTU) stake by 5,173 shares and now owns 28,226 shares. Green Dot Corp Cl A (NYSE:GDOT) was raised too.

More notable recent Sysco Corporation (NYSE:SYY) news were published by: Seekingalpha.com which released: “Sysco: Not Messing Around” on May 08, 2018, also Globenewswire.com with their article: “Sysco Reports Third Quarter Earnings” published on May 07, 2018, Seekingalpha.com published: “Tracking Nelson Peltz’s Trian Fund Management Portfolio – Q1 2018 Update” on May 23, 2018. More interesting news about Sysco Corporation (NYSE:SYY) were released by: Seekingalpha.com and their article: “Sysco Corporation 2018 Q3 – Results – Earnings Call Slides” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Powerhouse CEOs In The Limelight” with publication date: May 26, 2018.

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 17.86 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.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.12, from 0.78 in 2017Q3. It is positive, 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. Arizona State Retirement accumulated 0.1% or 168,864 shares. Cornerstone Capital Mgmt Hldgs Ltd Liability Company holds 90,128 shares or 0.04% of its portfolio. Dimensional Fund Advsr LP holds 0.03% or 1.28 million shares. Pennsylvania-based Janney Mngmt Ltd Llc has invested 0.03% in Sysco Corporation (NYSE:SYY). Moreover, Loudon Investment Ltd Co has 0.39% invested in Sysco Corporation (NYSE:SYY). Hbk Limited Partnership, a Texas-based fund reported 53,917 shares. Commerzbank Aktiengesellschaft Fi stated it has 266,110 shares or 0.2% of all its holdings. Teachers Retirement Sys Of The State Of Kentucky invested 0.04% in Sysco Corporation (NYSE:SYY). Quantres Asset Mgmt Ltd reported 0.48% of its portfolio in Sysco Corporation (NYSE:SYY). Art Advsr Lc reported 19,506 shares. Roundview Capital Limited Liability Corporation holds 11,490 shares or 0.18% of its portfolio. Navellier Assoc, Nevada-based fund reported 8,196 shares. Willis Investment Counsel stated it has 204,200 shares. Howland Ltd Liability Co reported 18,990 shares. Teacher Retirement Of Texas stated it has 138,065 shares or 0.06% of all its holdings.

Among 39 analysts covering Alibaba (NYSE:BABA), 37 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 179 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Buy” rating by Needham given on Thursday, October 20. The firm has “Buy” rating by Bank of America given on Monday, May 7. Bank of America maintained the stock with “Buy” rating in Thursday, August 17 report. On Saturday, August 22 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Buy” rating given on Monday, September 14 by Axiom Capital. The firm earned “Buy” rating on Friday, August 14 by UBS. The rating was maintained by RBC Capital Markets on Monday, August 14 with “Buy”. As per Thursday, January 25, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by Stifel Nicolaus on Thursday, September 10 with “Buy”. As per Thursday, April 20, the company rating was downgraded by Standpoint Research.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Seekingalpha.com which released: “Alibaba: The Battle Enters Decisive Point” on May 27, 2018, also Seekingalpha.com with their article: “Tracking Ole Andreas Halvorsen’s Viking Global Portfolio – Q1 2018 Update” published on May 27, 2018, Fool.com published: “6 Unusual Things You Probably Didn’t Know About Alibaba” on May 26, 2018. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Fool.com and their article: “3 Stocks That Could Put Alibaba’s Returns to Shame” published on May 26, 2018 as well as Finance.Yahoo.com‘s news article titled: “Bears Are in Trouble in Alibaba Group Holding Ltd Stock” with publication date: May 21, 2018.

Sysco Corporation (NYSE:SYY) Institutional Positions Chart

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