Trian Fund Management LP Decreased Its Sysco Corp. (SYY) Stake by $154.93 Million

Sysco Corporation (NYSE:SYY) Corporate LogoBig Money Sentiment increased to 0.88 in 2018 Q2. It has change of 0.08, from 2018Q1’s 0.8. The ratio increased due to SYY positioning: 41 sold and 355 reduced. 97 funds took stakes and 250 increased stakes. Investors holded 408.53 million in 2018Q1 but now own 407.24 million shares or 0.32% less. Virginia Retirement Sys Et Al reported 0.5% in Sysco Corporation (NYSE:SYY). Moreover, Shelton Cap has 0.02% invested in Sysco Corporation (NYSE:SYY). 177,724 were accumulated by Loring Wolcott Coolidge Fiduciary Advsr Ltd Liability Partnership Ma. South State Corporation accumulated 1.06% or 138,583 shs. Linscomb And Williams has 6,746 shs for 0.04% of their capital. State Of Tennessee Treasury Department invested in 0.06% or 164,214 shs. Bp Public Limited Company invested in 0.12% or 55,000 shs. 7,835 are held by Becker Cap Mgmt. Carroll Fincl Associates reported 10,491 shs stake. 43,959 were reported by Northwest Inv Counselors Lc. Ardevora Asset Mngmt Limited Liability Partnership reported 419,596 shs stake. Trexquant Investment LP invested in 0.09% or 19,788 shs. Segment Wealth Mngmt Limited Company holds 9,060 shs. Cambridge has invested 0.05% in Sysco Corporation (NYSE:SYY). Natl Pension Serv, Korea-based fund reported 496,236 shs.

SYY had 15 selling transactions and 0 buys since May 15, 2018. This’s net activity of $1.04 billion. Frank Joshua D. also sold $209.38 million worth of Sysco Corporation (NYSE:SYY) shs. On Monday, September 17 TILGHMAN RICHARD G also sold $368,550 worth of Sysco Corporation (NYSE:SYY). Todd Brian R had sold 9,147 shs worth $675,232. On Friday, May 25 Moskowitz Paul T also sold $996,645 worth of Sysco Corporation (NYSE:SYY). PELTZ NELSON had sold 2.79 million shs worth $209.38M.

Trian Fund Management Lp reduced its stake by 5.08% in Sysco Corp. (SYY), according to 2018Q2 Securities and Exchange filling. The company’s stock popped up 13.05% while Trian Fund Management Lp sold 2.28M shares. The food distributors company announced $2.91 billion value for the 2018Q2. Now the hedge fund is holding 42.56M shares, compared to the 44.84 million from the previous quarter. Trian Fund Management Lp has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

For more Sysco Corporation (NYSE:SYY) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Globenewswire.com, Seekingalpha.com or Streetinsider.com. The titles are as follows: “Sysco Corporation 2019 Q1 – Results – Earnings Call Slides” posted on November 05, 2018, “SYSCO down 6% on earnings miss” on November 05, 2018, “Sysco Reports First Quarter Fiscal 2019 Results” with a publish date: November 05, 2018, “Nvidia and Nike among those seen boosting dividends” and the last “Pre-Open Movers 11/05: (DWCH) (INFI) (TVPT) Higher; (CLSD) (SYY) (RACE) Lower (more…)” with publication date: November 05, 2018.

Sysco Corporation (NYSE:SYY) Ratings Coverage

A total of 8 analysts rate Sysco (NYSE:SYY) as follows: 4 “Buy”, 3 “Hold” and 1 “Sell”. Тherefore 50% are bullish. (NYSE:SYY) has 11 ratings reports on Nov 10, 2018 according to StockzIntelligence. On Tuesday, November 6 the rating was maintained by BMO Capital Markets with “Outperform”. On Friday, August 10 the firm has “Sell” rating by Pivotal Research given. On Tuesday, November 6 the firm has “Outperform” rating given by Credit Suisse. On Tuesday, November 6 RBC Capital Markets maintained Sysco Corporation (NYSE:SYY) rating. RBC Capital Markets has “Sector Perform” rating and $65 target. On Tuesday, November 6 the firm has “Equal-Weight” rating given by Morgan Stanley. The stock rating was maintained by Argus Research with “Buy” on Thursday, August 16. On Tuesday, July 17 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, June 19 the stock of Sysco Corporation (NYSE:SYY) earned “Neutral” rating by Citigroup. In Tuesday, August 14 report Morgan Stanley maintained it with “Equal-Weight” rating and $71 target. On Tuesday, August 14 the firm earned “Outperform” rating by BMO Capital Markets.

Sysco Corporation (NYSE:SYY) Institutional Investors Chart

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