Ascend Capital Has Raised Metlife (MET) Stake; Sysco (SYY) SI Increased By 11.84%

September 24, 2017 - By test

Ascend Capital Llc increased Metlife Inc (MET) stake by 10.85% reported in 2017Q2 SEC filing. Ascend Capital Llc acquired 104,270 shares as Metlife Inc (MET)’s stock declined 4.70%. The Ascend Capital Llc holds 1.07 million shares with $58.55M value, up from 961,402 last quarter. Metlife Inc now has $53.63B valuation. The stock increased 0.18% or $0.09 on September 22, reaching $50.54. About 5.75M shares traded. Metlife Inc (NYSE:MET) has risen 13.92% since September 24, 2016 and is uptrending. It has underperformed by 2.78% the S&P500.

Sysco Corporation (NYSE:SYY) had an increase of 11.84% in short interest. SYY’s SI was 15.50 million shares in September as released by FINRA. Its up 11.84% from 13.86 million shares previously. With 2.98 million avg volume, 5 days are for Sysco Corporation (NYSE:SYY)’s short sellers to cover SYY’s short positions. The SI to Sysco Corporation’s float is 3.13%. The stock decreased 0.93% or $0.5 on September 22, reaching $53.37. About 2.38M shares traded. SYSCO Corporation (NYSE:SYY) has risen 11.23% since September 24, 2016 and is uptrending. It has underperformed by 5.47% the S&P500.

Since March 31, 2017, it had 1 buy, and 5 selling transactions for $5.68 million activity. 2,500 shares were bought by Brutto Daniel J, worth $129,850 on Friday, March 31. 30,000 shares valued at $1.63 million were sold by DeLaney William J III on Wednesday, May 17. Shurts Wayne had sold 15,600 shares worth $846,300 on Wednesday, May 24.

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 $28.17 billion. The Company’s divisions include Broadline, SYGMA and Other. It has a 25.64 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 43 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of SYSCO Corporation (NYSE:SYY) has “Equal Weight” rating given on Thursday, November 10 by Barclays Capital. Argus Research upgraded the stock to “Buy” rating in Friday, February 5 report. Pivotal Research maintained the stock with “Hold” rating in Friday, August 11 report. Wells Fargo maintained the shares of SYY in report on Monday, July 17 with “Buy” rating. Credit Suisse upgraded the shares of SYY in report on Monday, February 6 to “Outperform” rating. Deutsche Bank maintained SYSCO Corporation (NYSE:SYY) on Wednesday, August 26 with “Hold” rating. Clevland Research upgraded SYSCO Corporation (NYSE:SYY) on Friday, March 11 to “Neutral” rating. BMO Capital Markets maintained the shares of SYY in report on Thursday, August 3 with “Buy” rating. The rating was maintained by Macquarie Research with “Outperform” on Tuesday, May 3. The stock of SYSCO Corporation (NYSE:SYY) earned “Neutral” rating by Bank of America on Monday, June 20.

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. 8,386 were accumulated by Notis. Beacon Group stated it has 0.05% in SYSCO Corporation (NYSE:SYY). Cornerstone Capital Management Holdings Limited Liability Corporation has invested 0.05% of its portfolio in SYSCO Corporation (NYSE:SYY). 7,353 were accumulated by First Foundation Advisors. Invesco Ltd accumulated 8.23 million shares or 0.13% of the stock. Moreover, Toronto Dominion Fincl Bank has 0.03% invested in SYSCO Corporation (NYSE:SYY) for 167,531 shares. Barclays Public Limited Company holds 0.02% or 376,705 shares in its portfolio. Wade G W & Inc stated it has 0.15% of its portfolio in SYSCO Corporation (NYSE:SYY). Lbmc Advsrs Ltd Liability Com has invested 0.09% in SYSCO Corporation (NYSE:SYY). Northwest Inv Counselors Limited Co owns 44,462 shares. Delta Asset Mgmt Ltd Tn reported 472,354 shares. First Bank & Trust reported 9,027 shares. Granite Ltd Liability has invested 0.09% of its portfolio in SYSCO Corporation (NYSE:SYY). Shayne Com Lc has invested 14.66% in SYSCO Corporation (NYSE:SYY). Woodmont Counsel Limited Liability Com has 0.27% invested in SYSCO Corporation (NYSE:SYY).

Ascend Capital Llc decreased Xpo Logistics Inc (NYSE:XPO) stake by 498,948 shares to 151,928 valued at $9.82 million in 2017Q2. It also reduced Incyte Corp (NASDAQ:INCY) stake by 36,399 shares and now owns 58,242 shares. Citigroup Inc (NYSE:C) was reduced too.