As Sysco Com (SYY) Share Value Declined, Archford Capital Strategies Lowered Position by $360,547; As New Media Investment Group (NEWM) Market Value Declined, Strs Ohio Has Cut Holding by $526,035

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Strs Ohio decreased its stake in New Media Investment Group (NEWM) by 66.29% based on its latest 2018Q3 regulatory filing with the SEC. Strs Ohio sold 35,069 shares as the company’s stock declined 18.38% with the market. The institutional investor held 17,831 shares of the newspapers and magazines company at the end of 2018Q3, valued at $279,000, down from 52,900 at the end of the previous reported quarter. Strs Ohio who had been investing in New Media Investment Group for a number of months, seems to be less bullish one the $782.56 million market cap company. The stock increased 0.69% or $0.09 during the last trading session, reaching $13.06. About 261,939 shares traded. New Media Investment Group Inc. (NYSE:NEWM) has declined 25.74% since January 12, 2018 and is downtrending. It has underperformed by 25.74% the S&P500. Some Historical NEWM News: 22/04/2018 – DJ New Media Investment Group Inc, Inst Holders, 1Q 2018 (NEWM); 06/03/2018 – NEW MEDIA: PACT TO BUY AUSTIN AMERICAN-STATESMAN FOR $47.5M; 17/05/2018 – Investor Expectations to Drive Momentum within Sun Communities, Anheuser-Busch InBev SA/NV, New Media Investment Group, Teligen; 06/04/2018 – New Media Investment Prices Public Offering of 6M Shrs of Its Common Stk for Gross Proceeds of Approximately $99M; 07/05/2018 – New Media Investment Closes Above 50-Day Moving Average; 06/04/2018 – New Media Investment Closes Below 50-Day Average: Technicals; 03/05/2018 – NEW MEDIA INVESTMENT GROUP – QTRLY SHR LOSS $0.01; 22/03/2018 – New Media Investment Access Event Scheduled By Stephens Inc; 13/03/2018 – New Media Announces Strategic Alliance with Kabbage; 11/04/2018 – New Media to Sell Substantially All of Publishing and Related Assets of GateHouse Media Alaska Holdings

Archford Capital Strategies Llc decreased its stake in Sysco Corp Com (SYY) by 25.43% based on its latest 2018Q3 regulatory filing with the SEC. Archford Capital Strategies Llc sold 4,939 shares as the company’s stock declined 13.51% with the market. The institutional investor held 14,484 shares of the food distributors company at the end of 2018Q3, valued at $1.06 million, down from 19,423 at the end of the previous reported quarter. Archford Capital Strategies Llc who had been investing in Sysco Corp Com for a number of months, seems to be less bullish one the $32.77 billion market cap company. The stock decreased 0.35% or $0.22 during the last trading session, reaching $63.04. About 2.15M shares traded. Sysco Corporation (NYSE:SYY) has risen 6.55% since January 12, 2018 and is uptrending. It has outperformed by 6.55% the S&P500. Some Historical SYY News: 13/04/2018 – SYSCO INDUSTRIES LTD SYSC.BO SAYS STATE BANK OF INDIA HAS RECLASSIFIED CO’S CREDIT ACCOUNTS AS NPA; 12/04/2018 – Sysco Announces Election of New Director; 08/03/2018 – Moody’s Assigns A3 To Sysco’s Proposed Senior Unsecured Notes; 02/05/2018 – Wells Fargo Advisors LLC Exits Position in Sysco; 11/04/2018 – Sysco Teamsters Ratify Two First Contracts, Expand Bargaining Power In Florida; 12/04/2018 – SYSCO NAMES HINSHAW TO BOARD EXPANDING NUMBER ON BOARD TO 14; 23/04/2018 – DJ Sysco Corporation, Inst Holders, 1Q 2018 (SYY); 16/05/2018 – Sysco “Delivering in a Big Way” Upon Return to the National Restaurant Association Show 2018; 22/03/2018 – SYSCO REPORTS EARLY TENDER RESULTS & UPSIZING OF PENDING CASH

Analysts await Sysco Corporation (NYSE:SYY) to report earnings on February, 4. They expect $0.73 EPS, up 10.61% or $0.07 from last year’s $0.66 per share. SYY’s profit will be $379.44 million for 21.59 P/E if the $0.73 EPS becomes a reality. After $0.91 actual EPS reported by Sysco Corporation for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Archford Capital Strategies Llc, which manages about $349.45M and $274.97 million US Long portfolio, upped its stake in Vanguard Value Index Fund (VTV) by 11,921 shares to 76,692 shares, valued at $8.49M in 2018Q3, according to the filing. It also increased its holding in Vanguard Growth Index Fund (VUG) by 6,417 shares in the quarter, for a total of 73,180 shares, and has risen its stake in Microchip Technology Inc Com (NASDAQ:MCHP).

Since July 16, 2018, it had 0 insider buys, and 13 sales for $1.23 billion activity. Shares for $158.24 million were sold by Frank Joshua D. on Monday, September 10. $343,100 worth of Sysco Corporation (NYSE:SYY) was sold by TILGHMAN RICHARD G. $675,232 worth of Sysco Corporation (NYSE:SYY) shares were sold by Todd Brian R.

Among 22 analysts covering Sysco Corporation (NYSE:SYY), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Sysco Corporation had 72 analyst reports since August 6, 2015 according to SRatingsIntel. As per Thursday, December 7, the company rating was maintained by Jefferies. On Friday, August 11 the stock rating was maintained by Pivotal Research with “Hold”. The rating was maintained by Jefferies on Tuesday, June 20 with “Hold”. The stock has “Hold” rating by RBC Capital Markets on Friday, August 11. The firm has “Buy” rating given on Thursday, August 3 by BMO Capital Markets. BMO Capital Markets maintained the shares of SYY in report on Tuesday, June 27 with “Buy” rating. The firm has “Overweight” rating given on Tuesday, February 7 by JP Morgan. The stock of Sysco Corporation (NYSE:SYY) earned “Sell” rating by Goldman Sachs on Tuesday, May 3. The firm earned “Neutral” rating on Monday, June 20 by Bank of America. BMO Capital Markets upgraded Sysco Corporation (NYSE:SYY) rating on Friday, May 5. BMO Capital Markets has “Outperform” rating and $60 target.

Investors sentiment increased to 0.91 in 2018 Q3. Its up 0.03, from 0.88 in 2018Q2. It is positive, as 24 investors sold SYY shares while 360 reduced holdings. 96 funds opened positions while 254 raised stakes. 398.07 million shares or 2.25% less from 407.24 million shares in 2018Q2 were reported. Greenleaf Trust holds 7,310 shares. Field And Main Bank & Trust owns 0.51% invested in Sysco Corporation (NYSE:SYY) for 7,825 shares. Eagle Asset Management has 0.13% invested in Sysco Corporation (NYSE:SYY). 25,065 are held by Inv Limited Liability Company. King Luther Management reported 46,270 shares or 0.03% of all its holdings. Comerica has 0.27% invested in Sysco Corporation (NYSE:SYY) for 31,155 shares. Security Natl Tru accumulated 2,100 shares. Winch Advisory Serv Ltd Liability invested 0.01% of its portfolio in Sysco Corporation (NYSE:SYY). Edgestream Prtnrs Lp has 0.12% invested in Sysco Corporation (NYSE:SYY) for 9,602 shares. Utd Fin Advisers Lc reported 0.01% stake. Hbk Lp holds 129,872 shares or 0.1% of its portfolio. Chem Natl Bank holds 0.07% of its portfolio in Sysco Corporation (NYSE:SYY) for 9,442 shares. A D Beadell Inv Counsel Incorporated owns 0.87% invested in Sysco Corporation (NYSE:SYY) for 14,150 shares. Oregon Pub Employees Retirement Fund holds 52,157 shares. Gateway Advisers Limited Liability reported 25,639 shares or 0.02% of all its holdings.

Investors sentiment decreased to 0.9 in 2018 Q3. Its down 2.39, from 3.29 in 2018Q2. It turned negative, as 25 investors sold NEWM shares while 62 reduced holdings. 30 funds opened positions while 48 raised stakes. 51.18 million shares or 49.71% less from 101.77 million shares in 2018Q2 were reported. Bridgeway Mngmt Incorporated accumulated 345,700 shares. Wells Fargo Company Mn invested in 0.01% or 1.56 million shares. Teachers Retirement Systems Of The State Of Kentucky invested in 17,635 shares or 0% of the stock. Convergence Invest Partners Limited Liability Corp reported 0.04% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). Northern Tru accumulated 812,818 shares. Winfield stated it has 51,550 shares or 0.4% of all its holdings. D E Shaw And Com owns 281,977 shares. Franklin Res stated it has 3.62 million shares or 0.03% of all its holdings. Federated Investors Pa has invested 0% of its portfolio in New Media Investment Group Inc. (NYSE:NEWM). Dimensional Fund Advsr Limited Partnership reported 4.08M shares. Tudor Invest Et Al stated it has 0.01% in New Media Investment Group Inc. (NYSE:NEWM). Earnest Prtn Ltd Com stated it has 238 shares. Apg Asset Mgmt Nv accumulated 402,500 shares or 0.01% of the stock. Morgan Stanley reported 925,786 shares stake. Mackay Shields Ltd owns 172,330 shares.

More notable recent New Media Investment Group Inc. (NYSE:NEWM) news were published by: Businesswire.com which released: “New Media Announces Acquisition of a Majority Interest in Events Production Company, Rugged Events Holding LLC, for $10.4 Million – Business Wire” on August 15, 2018, also Bizjournals.com with their article: “Statesman offers buyouts to all 200-plus employees – Austin Business Journal” published on August 10, 2018, Seekingalpha.com published: “New Media buys control of Rugged Events for $10.4M – Seeking Alpha” on August 15, 2018. More interesting news about New Media Investment Group Inc. (NYSE:NEWM) were released by: Seekingalpha.com and their article: “New Media (NEWM) CEO Mike Reed on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 31, 2018 as well as Seekingalpha.com‘s news article titled: “New Media to buy Akron paper, sell Alaska holdings – Seeking Alpha” with publication date: April 11, 2018.

Since November 5, 2018, it had 3 insider buys, and 1 insider sale for $168,960 activity. Freiberg Gregory William sold $1.21 million worth of New Media Investment Group Inc. (NYSE:NEWM) on Tuesday, November 6. Tarica Laurence bought $217,200 worth of stock. On Monday, November 5 Reed Michael bought $1.07 million worth of New Media Investment Group Inc. (NYSE:NEWM) or 75,000 shares.

Among 3 analysts covering New Media Investment Group Inc. (NYSE:NEWM), 0 have Buy rating, 1 Sell and 2 Hold. Therefore 0 are positive. New Media Investment Group Inc. had 7 analyst reports since March 24, 2016 according to SRatingsIntel. The stock of New Media Investment Group Inc. (NYSE:NEWM) earned “Outperform” rating by Barrington Research on Monday, August 15. The stock of New Media Investment Group Inc. (NYSE:NEWM) earned “Neutral” rating by Compass Point on Friday, July 29. The rating was downgraded by Citigroup to “Sell” on Wednesday, August 24. On Thursday, March 24 the stock rating was maintained by Citigroup with “Buy”. The firm has “Buy” rating by Compass Point given on Friday, April 29. The rating was downgraded by Barrington Research on Thursday, September 29 to “Market Perform”. Citigroup downgraded the shares of NEWM in report on Tuesday, April 5 to “Neutral” rating.

Strs Ohio, which manages about $22.80B US Long portfolio, upped its stake in Micron Technology Inc (NASDAQ:MU) by 108,416 shares to 1.66 million shares, valued at $75.00M in 2018Q3, according to the filing. It also increased its holding in Great Western Bancorp Inc (NYSE:GWB) by 81,600 shares in the quarter, for a total of 113,900 shares, and has risen its stake in Children’s Place (NASDAQ:PLCE).

New Media Investment Group Inc. (NYSE:NEWM) Institutional Positions Chart