SYSCO Corporation (SYY) : Fort Washington Investment Advisors Inc Oh scooped up 810 additional shares in SYSCO Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 2,539,404 shares of SYSCO Corporation which is valued at $127.4 Million.SYSCO Corporation makes up approximately 2.49% of Fort Washington Investment Advisors Inc Oh’s portfolio.
Other Hedge Funds, Including , Ajo Lp added SYY to its portfolio by purchasing 876,574 company shares during the most recent quarter which is valued at $44 Million. SYSCO Corporation makes up approx 0.20% of Ajo Lp’s portfolio.Credit Agricole S A reduced its stake in SYY by selling 334,034 shares or 52.18% in the most recent quarter. The Hedge Fund company now holds 306,136 shares of SYY which is valued at $15.4 Million. SYSCO Corporation makes up approx 0.07% of Credit Agricole S A’s portfolio.Wilkins Investment Counsel Inc boosted its stake in SYY in the latest quarter, The investment management firm added 1,700 additional shares and now holds a total of 204,675 shares of SYSCO Corporation which is valued at $10.3 Million. SYSCO Corporation makes up approx 3.01% of Wilkins Investment Counsel Inc’s portfolio.Smith Salley Associates reduced its stake in SYY by selling 530 shares or 0.99% in the most recent quarter. The Hedge Fund company now holds 52,976 shares of SYY which is valued at $2.7 Million. SYSCO Corporation makes up approx 0.68% of Smith Salley Associates’s portfolio.Qci Asset Management Incny reduced its stake in SYY by selling 150 shares or 8.06% in the most recent quarter. The Hedge Fund company now holds 1,710 shares of SYY which is valued at $85,757. SYSCO Corporation makes up approx 0.01% of Qci Asset Management Incny’s portfolio.
SYSCO Corporation closed down -0.12 points or -0.25% at $48.59 with 39,48,428 shares getting traded on Wednesday. Post opening the session at $48.75, the shares hit an intraday low of $48.55 and an intraday high of $48.82 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, SYSCO Corporation reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 2, 2016. Analyst had a consensus of $0.42. The company had revenue of $12002.00 million for the quarter, compared to analysts expectations of $11866.48 million. The company’s revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Sysco Corporation (Sysco) along with its subsidiaries and divisions is a North American distributor of food and related products primarily to the foodservice or food-away-from-home industry. The Company provides products and related services to approximately 425000 customers including restaurants healthcare and educational facilities lodging establishments and other foodservice customers. Sysco provides food and related products to the foodservice or food-away-from-home industry. The Company has aggregated its operating companies into a number of segments of which only Broadline and SYGMA are the main segments. Broadline operating companies distribute a line of food products and a variety of non-food products to their customers. SYGMA operating companies distribute a line of food products and a variety of non-food products to chain restaurant customer locations. The Companys other segments include its specialty produce custom-cut meat and lodging industry products segments.