Exxon Mobil (XOM) Position Held by Randolph Co Inc; Meyer Handelman Co Trimmed Sysco (SYY) Stake by $310,000

November 15, 2017 - By Vivian Park

Meyer Handelman Co decreased its stake in Sysco Corp (SYY) by 0.82% based on its latest 2017Q2 regulatory filing with the SEC. Meyer Handelman Co sold 6,200 shares as the company’s stock rose 4.26% with the market. The institutional investor held 752,053 shares of the food distributors company at the end of 2017Q2, valued at $37.85M, down from 758,253 at the end of the previous reported quarter. Meyer Handelman Co who had been investing in Sysco Corp for a number of months, seems to be less bullish one the $28.62 billion market cap company. The stock increased 1.68% or $0.91 during the last trading session, reaching $54.93. About 12,303 shares traded. SYSCO Corporation (NYSE:SYY) has risen 11.23% since November 15, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Randolph Co Inc increased its stake in Exxon Mobil Corp (XOM) by 371.68% based on its latest 2017Q2 regulatory filing with the SEC. Randolph Co Inc bought 158,800 shares as the company’s stock rose 0.21% with the market. The institutional investor held 201,525 shares of the integrated oil company at the end of 2017Q2, valued at $16.27M, up from 42,725 at the end of the previous reported quarter. Randolph Co Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be bullish on the $348.46 billion market cap company. The stock declined 0.52% or $0.43 reaching $81.81 on the news. About 111,472 shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 15, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.




Analysts await SYSCO Corporation (NYSE:SYY) to report earnings on February, 5. They expect $0.64 EPS, up 10.34% or $0.06 from last year’s $0.58 per share. SYY’s profit will be $333.46M for 21.46 P/E if the $0.64 EPS becomes a reality. After $0.74 actual EPS reported by SYSCO Corporation for the previous quarter, Wall Street now forecasts -13.51% negative EPS growth.

Meyer Handelman Co, which manages about $1.97B and $2.37 billion US Long portfolio, upped its stake in Gilead Sciences Inc (NASDAQ:GILD) by 6,600 shares to 387,500 shares, valued at $27.43M in 2017Q2, according to the filing. It also increased its holding in At & T Inc (NYSE:T) by 9,967 shares in the quarter, for a total of 193,377 shares, and has risen its stake in Walt Disney Company Com (NYSE:DIS).

Investors sentiment increased to 0.87 in 2017 Q2. Its up 0.08, from 0.79 in 2017Q1. It is positive, as 44 investors sold SYY shares while 351 reduced holdings. 84 funds opened positions while 258 raised stakes. 414.66 million shares or 0.17% more from 413.94 million shares in 2017Q1 were reported. Papp L Roy And Associates stated it has 37,486 shares. 16,300 were accumulated by Long Road Investment Counsel Limited Com. Pennsylvania-based Fragasso Grp Inc has invested 0.17% in SYSCO Corporation (NYSE:SYY). Illinois-based Chesley Taft & Limited Liability Corporation has invested 0.08% in SYSCO Corporation (NYSE:SYY). Quantbot Lp reported 72,615 shares or 0.34% of all its holdings. Nomura Hldgs Inc has 0.01% invested in SYSCO Corporation (NYSE:SYY). Tdam Usa Inc reported 0.09% in SYSCO Corporation (NYSE:SYY). 92,651 were accumulated by Summit Wealth. Sg Americas Securities Lc owns 117,345 shares for 0.05% of their portfolio. Edmp reported 0.49% stake. Willis Invest Counsel owns 195,800 shares. Blair William & Co Il holds 95,178 shares. Los Angeles Cap And Equity reported 635,788 shares stake. Westpac Bk Corporation has 213,720 shares. Washington Tru Retail Bank accumulated 0% or 23 shares.

Since May 17, 2017, it had 0 insider purchases, and 3 sales for $3.38 million activity. $1.63 million worth of SYSCO Corporation (NYSE:SYY) was sold by DeLaney William J III.

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Sysco Corporation had 47 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Sell” rating by Pivotal Research given on Thursday, August 6. Jefferies maintained SYSCO Corporation (NYSE:SYY) rating on Thursday, August 3. Jefferies has “Hold” rating and $5100 target. On Thursday, November 19 the stock rating was initiated by Wells Fargo with “Outperform”. The stock of SYSCO Corporation (NYSE:SYY) earned “Neutral” rating by Clevland Research on Friday, March 11. The stock of SYSCO Corporation (NYSE:SYY) has “Underweight” rating given on Tuesday, February 2 by Morgan Stanley. The rating was upgraded by Goldman Sachs to “Neutral” on Friday, December 9. The stock of SYSCO Corporation (NYSE:SYY) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, January 25. The firm has “Overweight” rating given on Friday, June 23 by J P Morgan Chase Co. The company was initiated on Monday, July 18 by Deutsche Bank. The stock of SYSCO Corporation (NYSE:SYY) earned “Hold” rating by Pivotal Research on Friday, August 11.

More important recent SYSCO Corporation (NYSE:SYY) news were published by: Seekingalpha.com which released: “A Look Into Sysco’s Valuation” on November 09, 2017, also Seekingalpha.com published article titled: “Sysco: Financial Think Piece”, Streetinsider.com published: “Sysco Corp. (SYY) to Acquire HFM FoodService” on October 17, 2017. More interesting news about SYSCO Corporation (NYSE:SYY) was released by: Twst.com and their article: “Sysco Corporation: Sysco Completes Acquisition of Mayca Distribuidores of …” with publication date: November 06, 2017.

Among 25 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 6 Sell and 10 Hold. Therefore 36% are positive. Exxon Mobil had 75 analyst reports since July 22, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 20 by RBC Capital Markets. Jefferies maintained it with “Hold” rating and $8600 target in Friday, June 23 report. The rating was upgraded by Scotia Capital to “Buy” on Monday, June 5. On Thursday, October 19 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Underperform” rating on Wednesday, November 18 by Raymond James. The stock has “Strong-Buy” rating by Vetr on Wednesday, August 12. The firm has “Hold” rating given on Tuesday, October 3 by Jefferies. On Thursday, March 2 the stock rating was upgraded by Credit Suisse to “Neutral”. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Sector Outperform” rating by Howard Weil on Monday, June 5. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Buy” rating by Vetr on Thursday, August 20.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.04, from 0.89 in 2017Q1. It dived, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Glenview National Bank & Trust Trust Dept has 3.46% invested in Exxon Mobil Corporation (NYSE:XOM) for 83,928 shares. Notis owns 2.69% invested in Exxon Mobil Corporation (NYSE:XOM) for 51,546 shares. Wealthcare Cap Mgmt Limited Liability Company reported 6,460 shares. Court Place Advsrs Ltd Liability Co owns 60,739 shares. Personal Capital Advsr Corp reported 261,572 shares or 0.46% of all its holdings. Gw Henssler & Assoc Ltd invested in 1.46% or 173,446 shares. Endurance Wealth Mngmt accumulated 115,006 shares. Sterneck Capital Ltd Llc holds 7,425 shares or 0.36% of its portfolio. Princeton Portfolio Strategies Gru Limited Liability Co holds 1.5% or 64,925 shares. Karpus Mngmt Inc reported 10,668 shares. 39,761 are owned by Montecito Fincl Bank. Eagle Asset Mgmt invested in 0.03% or 70,394 shares. Shikiar Asset Management stated it has 0.13% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Community Tru & Investment holds 114,480 shares or 1.03% of its portfolio. Payden And Rygel reported 176,656 shares.

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