$0.73 EPS Expected for SYSCO (SYY); Clearbridge Energy MLP Fund (CEM) Has 1.38 Sentiment

October 13, 2017 - By Darrin Black

ClearBridge Energy MLP Fund Inc. is a non-diversified, closed-end management investment company. The company has market cap of $1.03 billion. The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. It currently has negative earnings. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Analysts expect SYSCO Corporation (NYSE:SYY) to report $0.73 EPS on November, 6.They anticipate $0.06 EPS change or 8.96% from last quarter’s $0.67 EPS. SYY’s profit would be $381.58M giving it 18.69 P/E if the $0.73 EPS is correct. After having $0.72 EPS previously, SYSCO Corporation’s analysts see 1.39% EPS growth. About 826,686 shares traded. SYSCO Corporation (NYSE:SYY) has risen 11.23% since October 13, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Since May 17, 2017, it had 0 buys, and 4 selling transactions for $5.00 million activity. DeLaney William J III sold $1.67 million worth of stock or 30,000 shares. Shurts Wayne had sold 15,600 shares worth $862,914.

Investors sentiment increased to 0.87 in Q2 2017. Its up 0.08, from 0.79 in 2017Q1. It improved, as 44 investors sold SYSCO Corporation 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. Laurion Management Limited Partnership invested in 0.02% or 72,900 shares. Orrstown Fincl Service has invested 0.98% in SYSCO Corporation (NYSE:SYY). Montag A & Assocs invested in 7,136 shares. Nuveen Asset Ltd has invested 0.08% of its portfolio in SYSCO Corporation (NYSE:SYY). Summit Wealth Advisors has 92,651 shares for 1.84% of their portfolio. Keybank Natl Association Oh has invested 0.01% in SYSCO Corporation (NYSE:SYY). Uss Invest holds 120,265 shares or 0.06% of its portfolio. Ubs Asset Mngmt Americas invested 0% of its portfolio in SYSCO Corporation (NYSE:SYY). Archford Cap Strategies Llc holds 7,749 shares. Moreover, Tiaa Cref Investment Limited Liability has 0.07% invested in SYSCO Corporation (NYSE:SYY) for 2.04M shares. Citizens & Northern holds 0.23% or 5,764 shares in its portfolio. Old Point Trust And Financial Services N A reported 82,749 shares. Indiana Tru & has 0.28% invested in SYSCO Corporation (NYSE:SYY). Willis Investment Counsel reported 0.74% stake. Cornerstone invested 0.01% in SYSCO Corporation (NYSE:SYY).

Sysco Corporation is a distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company has market cap of $28.53 billion. The Company’s divisions include Broadline, SYGMA and Other. It has a 26.22 P/E ratio. The Broadline segment includes its Broadline activities located in the Bahamas, Canada, Costa Rica, Ireland, Mexico and the United States.

Among 19 analysts covering Sysco Corporation (NYSE:SYY), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Sysco Corporation had 44 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan maintained the shares of SYY in report on Tuesday, August 16 with “Neutral” rating. As per Monday, June 19, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, August 11 by Pivotal Research. The rating was maintained by Jefferies with “Hold” on Thursday, September 28. Wells Fargo maintained the shares of SYY in report on Monday, August 14 with “Buy” rating. The rating was upgraded by Argus Research to “Buy” on Friday, February 5. The rating was maintained by Credit Suisse with “Outperform” on Friday, February 19. The stock of SYSCO Corporation (NYSE:SYY) has “Neutral” rating given on Friday, March 11 by Clevland Research. The rating was maintained by Wells Fargo on Monday, July 17 with “Buy”. The firm has “Neutral” rating given on Friday, December 9 by Goldman Sachs.

Northrock Partners Llc holds 8.31% of its portfolio in ClearBridge Energy MLP Fund Inc for 1.30 million shares. Terril Brothers Inc. owns 607,333 shares or 3.3% of their US portfolio. Moreover, Signature Estate & Investment Advisors Llc has 1.73% invested in the company for 957,492 shares. The Missouri-based Bush Odonnell Investment Advisors Inc has invested 0.76% in the stock. Fiduciary Trust Co, a Massachusetts-based fund reported 1.01 million shares.

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