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Here is What Institutional Investors Think About Starbucks Corp (NASDAQ:SBUX)

April 09, 2018 00:34·
Martingale Asset Management LP Has $31.53 Million Holdings in Starbucks Co. (SBUX)

Martingale Asset Management LP Has $31.53 Million Holdings in Starbucks Co. (SBUX)

Brighton Jones Lc holds 106,488 shares. Bank of New York Mellon Corp increased its position in Starbucks by 4.1% in the 4th quarter. Kistler Tiffany Companies LLC now owns 2,556 shares of the coffee company's stock valued at $146,000 after buying an additional 1,484 shares during the last quarter. The fund owned 548,951 shares of the coffee company's stock after selling 8,800 shares during the period. It has underperformed by 11.15% the S&P500.

Landscape Capital Management Llc increased its stake in American Airls Group Inc (AAL) by 124.88% based on its latest 2017Q4 regulatory filing with the SEC. After $0.65 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts -18.46% negative EPS growth. The hedge fund held 102,649 shares of the consumer services company at the end of 2017Q4, valued at $8.24M, down from 117,992 at the end of the previous reported quarter. HART MATTHEW J also sold $1.83M worth of American Airlines Group Inc. The stock decreased 6.26% or $7.79 during the last trading session, reaching $116.62. About 569,481 shares traded or 57.06% up from the average. Micron Technology, Inc. (NASDAQ:MU) has risen 82.20% since April 8, 2017 and is uptrending. It has outperformed by 6.17% the S&P500. On Friday, December 22 the firm has "Buy" rating by Jefferies given. Therefore 88% are positive. FTD Companies had 13 analyst reports since August 20, 2015 according to SRatingsIntel. Finally, BTIG Research set a $64.00 price objective on Starbucks Corp. and gave the stock a "buy" rating in a report on Monday, September 12th. The stock has "Mixed" rating by OTR Global on Wednesday, July 13. Finally, Piper Jaffray reiterated a "buy" rating and issued a $70.00 price target on shares of Starbucks in a research note on Friday, January 5th. As per Friday, July 28, the company rating was maintained by RBC Capital Markets. The firm has "Outperform" rating by RBC Capital Markets given on Friday, October 30. On Friday, November 3 the stock rating was maintained by Credit Suisse with "Neutral". Cowen & Co maintained the shares of SBUX in report on Tuesday, October 10 with "Buy" rating. The company was maintained on Wednesday, September 28 by Wedbush. The rating was downgraded by Deutsche Bank to "Hold" on Tuesday, April 12. Capital World Investors increased its position in Starbucks by 2.0% during the 2nd quarter. Its up 0.58, from 1.08 in 2017Q3. 423 rose positions while 114 funds took positions. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported.

A total of 20 analysts rate Starbucks Corp (NASDAQ:SBUX) as follows: 14 "Buy", 6 "Hold" and 0 "Sell". On Thursday, January 25 BMO Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating. (NASDAQ:FANG) has "Buy" rating given on Monday, July 27 by Tudor Pickering. Insiders own 3.40% of the company's stock. It also increased its holding in Ishares (LQD) by 7,463 shares in the quarter, for a total of 13,150 shares, and has risen its stake in Ishares (IJS). Mariner Wealth Advisors Ltd Liability Corporation accumulated 95,331 shares. Heritage Invsts Corporation holds 0.02% or 4,840 shares. Busey Tru Commerce invested 0.82% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Wealthtrust reported 47 shares. Pictet Retail Bank & Tru Limited has invested 0.17% in Starbucks Corporation (NASDAQ:SBUX). It worsened, as 60 investors sold INTC shares while 703 reduced holdings. (NASDAQ:SBUX) have been assigned an average recommendation of "Buy" from the thirty-two analysts that are covering the company, MarketBeat.com reports. During the same period in the prior year, the firm posted $0.52 EPS. APA's profit will be $144.95 million for 25.22 P/E if the $0.38 EPS becomes a reality.

SBUX had 3 insider sales and 0 insider buys since January 31, 2018. Insiders have sold a total of 247,664 shares of company stock worth $14,243,602 over the last three months. Another trade for 162,826 shares valued at $9.28 million was made by BURROWS CLIFFORD on Wednesday, January 31.

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Wms Partners Llc, which manages about $2.55 billion and $887.89M US Long portfolio, decreased its stake in Vanguard Index Fds (VTI) by 15,151 shares to 778,833 shares, valued at $106.90 million in 2017Q4, according to the filing. It also reduced its holding in Infinity Property & Casualty (NASDAQ:IPCC) by 3,042 shares in the quarter, leaving it with 134,810 shares, and cut its stake in Dorman Products Inc (NASDAQ:DORM). Honeywell International Inc. raised its holdings in Starbucks by 11.9% in the 3rd quarter.

Investors sentiment decreased to 1.17 in 2017 Q4. Its up 0.08, from 0.97 in 2017Q3. 177 funds opened positions while 601 raised stakes. Winslow Evans And Crocker Incorporated, a Massachusetts-based fund reported 2,282 shares. Ameritas Inv Prtnrs has 45,777 shares for 0.09% of their portfolio. Putnam Invests Lc invested in 0% or 21,962 shares. Cibc World Markets holds 402,182 shs or 0.1% of its capital. Bancshares Hapoalim Bm owns 0.31% invested in Micron Technology, Inc. (NASDAQ:FANG) to report earnings on May, 1. Institutional investors own 73.52% of the company's stock. (NASDAQ:FANG) shares with value of $23,128 were sold by Soliman Jennifer. Roanoke Asset Mgmt Ny reported 2.24% stake. Rhode Island-based Coastline Trust Communication has invested 0.29% in Visa Inc. Earnest Ptnrs Ltd Co holds 0% or 694 shares. Hbk Investments LP holds 420,300 shares. (NASDAQ:AAL). Louisiana State Employees Retirement Sys holds 0.06% in American Airlines Group Inc. Magnetar Finance Limited Liability has invested 0.02% in Diamondback Energy, Inc.

Analysts await Diamondback Energy, Inc. Therefore 69% are positive. American Airlines Group had 78 analyst reports since July 28, 2015 according to SRatingsIntel. Honeywell International Inc. now owns 709,062 shares of the coffee company's stock worth $38,084,000 after purchasing an additional 75,400 shares in the last quarter. The firm has "Buy" rating by UBS given on Thursday, March 31. The firm earned "Neutral" rating on Wednesday, March 1 by Citigroup. As per Monday, September 4, the company rating was maintained by Stifel Nicolaus. (NASDAQ:FANG) on Friday, February 16. The stock has "Buy" rating by Tigress Financial on Wednesday, December 27. UBS maintained it with "Neutral" rating and $65 target in Friday, August 19 report. 16,950 Micron Technology, Inc. Shenoy Navin had sold 716 shares worth $35,262. $559,142 worth of Diamondback Energy, Inc. (NASDAQ:MU) was sold by BAILEY ROBERT L. The insider Mondry Lawrence N sold $2.17 million.

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