Symphony Asset Management Trimmed Sysco Com (SYY) Position By $1.06 Million; Kayne Anderson Energy Development Co (KED)’s Sentiment Is 1.9

February 17, 2018 - By Hazel Jackson

Symphony Asset Management Llc decreased Sysco Corp Com (SYY) stake by 36.23% reported in 2017Q3 SEC filing. Symphony Asset Management Llc sold 19,928 shares as Sysco Corp Com (SYY)’s stock rose 4.26%. The Symphony Asset Management Llc holds 35,073 shares with $1.89M value, down from 55,001 last quarter. Sysco Corp Com now has $31.32 billion valuation. The stock increased 1.06% or $0.63 during the last trading session, reaching $60. About 2.25 million shares traded. Sysco Corporation (NYSE:SYY) has risen 11.23% since February 17, 2017 and is uptrending. It has underperformed by 5.47% the S&P500.

Kayne Anderson Energy Development Company is a close-ended balanced mutual fund launched and managed by KA Fund Advisors, LLC. The company has market cap of $186.35 million. The fund is co-managed by Kayne Anderson Capital Advisors, L.P. It currently has negative earnings. It invests in public equity and fixed income markets of the United States.

The stock increased 0.87% or $0.15 during the last trading session, reaching $17.32. About 50,251 shares traded. Kayne Anderson Energy Development Company (KED) has declined 0.59% since February 17, 2017 and is downtrending. It has underperformed by 17.29% the S&P500.

Lakeview Capital Partners Llc holds 0.21% of its portfolio in Kayne Anderson Energy Development Company for 15,100 shares. Horizon Kinetics Llc owns 351,379 shares or 0.18% of their US portfolio. Moreover, Camelot Portfolios Llc has 0.17% invested in the company for 19,717 shares. The New Jersey-based Tsp Capital Management Group Llc has invested 0.12% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 223,394 shares.

Among 20 analysts covering Sysco Corporation (NYSE:SYY), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Sysco Corporation had 56 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan maintained the stock with “Neutral” rating in Tuesday, August 16 report. As per Wednesday, January 25, the company rating was initiated by RBC Capital Markets. Clevland Research upgraded Sysco Corporation (NYSE:SYY) on Friday, March 11 to “Neutral” rating. On Tuesday, November 8 the stock rating was upgraded by Bank of America to “Buy”. The stock of Sysco Corporation (NYSE:SYY) has “Underweight” rating given on Tuesday, February 2 by Morgan Stanley. The firm has “Outperform” rating by Wells Fargo given on Thursday, November 19. The firm earned “Sell” rating on Tuesday, May 3 by Goldman Sachs. The stock of Sysco Corporation (NYSE:SYY) earned “Buy” rating by Wells Fargo on Monday, July 17. BMO Capital Markets maintained it with “Buy” rating and $74.0 target in Monday, February 5 report. Bank of America initiated the stock with “Neutral” rating in Monday, June 20 report.

Since August 23, 2017, it had 2 buys, and 19 insider sales for $26.24 million activity. Bertrand Greg D also sold $4.92 million worth of Sysco Corporation (NYSE:SYY) shares. Another trade for 15,600 shares valued at $831,012 was made by Shurts Wayne on Tuesday, September 12. 372,314 shares were sold by PELTZ NELSON, worth $19.77M. 11,323 shares valued at $702,026 were sold by Goetz William W on Tuesday, January 16. On Tuesday, September 12 the insider Frank Joshua D. sold $19.77 million. DeLaney William J III had sold 30,000 shares worth $1.64 million on Wednesday, October 18. 16,667 shares were sold by Moskowitz Paul T, worth $902,018.

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.09, from 0.87 in 2017Q2. It dropped, as 61 investors sold SYY shares while 345 reduced holdings. 66 funds opened positions while 249 raised stakes. 409.47 million shares or 1.25% less from 414.66 million shares in 2017Q2 were reported. Wilbanks Smith Thomas Asset Ltd invested 0.06% in Sysco Corporation (NYSE:SYY). Welch & Forbes Ltd Liability Com has 198,247 shares. Sequoia Advisors Ltd Liability Corporation reported 0.03% of its portfolio in Sysco Corporation (NYSE:SYY). Janney Capital Mngmt Lc owns 0.03% invested in Sysco Corporation (NYSE:SYY) for 11,438 shares. Tompkins Corp holds 2,580 shares. 1.36 million are held by Royal Bancshares Of Canada. Moreover, D E Shaw has 0% invested in Sysco Corporation (NYSE:SYY) for 58,426 shares. Capital Investment Advsrs Limited Liability accumulated 76,455 shares or 0.28% of the stock. Columbia Asset Mgmt has 0.23% invested in Sysco Corporation (NYSE:SYY). Tarbox Family Office holds 0% or 211 shares in its portfolio. Qs Investors Lc owns 0.03% invested in Sysco Corporation (NYSE:SYY) for 58,494 shares. Macquarie Gp Limited stated it has 48,400 shares. Jnba Advsr has invested 0.02% in Sysco Corporation (NYSE:SYY). Schmidt P J Invest has invested 0.27% in Sysco Corporation (NYSE:SYY). Dnb Asset Mgmt As invested in 64,458 shares or 0.05% of the stock.

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