07 September, 2017
Following the completion of the acquisition, the director now directly owns 18,000 shares of the company's stock, valued at approximately $995,400.
Other hedge funds also recently added to or reduced their stakes in the company. The New Jersey-based Blackrock Investment Management Llc has invested 0% in the stock.
Starbucks Corporation (NASDAQ:SBUX) last announced its quarterly earnings results on Thursday, July 27th. It has underperformed by 4.22% the S&P500.
Quantum Capital Management Llc increased its stake in Lkq Corp (LKQ) by 1.7% based on its latest 2016Q4 regulatory filing with the SEC. IL grew its holdings in shares of Starbucks Corporation by 0.6% in the 1st quarter. The institutional investor held 615,917 shares of the restaurants company at the end of 2016Q4, valued at $34.20 million, up from 591,564 at the end of the previous reported quarter.
Several equities research analysts recently weighed in on the company. It closed at $10.39 lastly. It is down 1.30% since September 7, 2016 and is downtrending. It has outperformed by 8.65% the S&P500. Twelve analysts have rated the stock with a hold rating, twenty-one have given a buy rating and three have issued a strong buy rating to the company. Therefore 89% are positive. Manhattan Assoc had 11 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of TC Pipelines, LP (NYSE:TCP) earned "Underweight" rating by Barclays Capital on Monday, June 20. The firm has "Neutral" rating given on Wednesday, June 14 by Wedbush. As per Friday, July 28, the company rating was maintained by Stephens.
The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. Third Security Llc holds 97,000 shares. On Wednesday, July 12 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was maintained by Benchmark on Wednesday, October 21 with "Buy". Keefe Bruyette & Woods has "Hold" rating and $12300 target. $4.97M worth of Kellogg Company (NYSE:K) was sold by JENNESS JAMES M. The company was maintained on Monday, July 17 by Northland Capital.
Investors sentiment increased to 1.21 in 2016 Q4. Its up 0.34, from 0.87 in 2016Q3. Norinchukin Comml Bank The invested in 0.85% or 653,170 shares. 51 funds opened positions while 91 raised stakes. Parametric Portfolio Associate reported 2.93 million shares stake. Bremer Trust National Association sold 6,794 shares as Starbucks Corp (SBUX)'s stock rose 6.99%. Akre Mgmt Ltd Liability Corporation has invested 2% in LKQ Corporation (NASDAQ:LKQ). Moreover, Avalon Advsr Ltd has 0.02% invested in TC Pipelines, LP (NYSE:TCP) for 9,214 shares. Tributary Management Limited Liability Corp holds 0.1% or 14,600 shares. Jarislowsky Fraser Limited holds 20,167 shares or 0.01% of its portfolio. Homrich And Berg invested in 4,767 shares or 0.02% of the stock. Citigroup has invested 0.01% of its portfolio in TC Pipelines, LP (NYSE:TCP). For the quarter, shares have been noted at 1.47%. About 184 shares traded.
Global Endowment Management Lp, which manages about $5.46B and $643.82 million US Long portfolio, decreased its stake in Lilly Eli & Co (NYSE:LLY) by 6,700 shares to 39,130 shares, valued at $2.88M in 2016Q4, according to the filing. IL boosted its holdings in Starbucks Corporation by 0.6% during the 1st quarter.
Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.11, from 0.94 in 2016Q3.
Want to see what other hedge funds are holding SBUX? 970.72 million shares or 1.73% more from 954.23 million shares in 2016Q3 were reported. Zevin Asset Management LLC boosted its holdings in shares of Starbucks Corporation by 1.0% in the first quarter.
This company has been competing with others in the Services space and offers its own combination of interesting factors Starbucks Corporation (SBUX) now trades with a market capitalization of $77.93 Billion. Reilly Financial Advsrs holds 13,313 shares. Assetmark reported 4,408 shares. Alliancebernstein Ltd Partnership reported 602,522 shares. Motley Fool Wealth Management Llc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.42 billion market cap company. Russell Investments Group Ltd. boosted its stake in shares of Starbucks Corporation by 9.3% in the first quarter. Alpha Windward Limited Liability Co reported 2,931 shares stake. Madison Invest Inc reported 0.17% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). New England And Retirement Gru holds 0.72% or 23,597 shares in its portfolio.
Among 34 analysts covering Starbucks Corporation (NASDAQ:SBUX), 24 have Buy rating, 0 Sell and 10 Hold. Crawford Counsel holds 8,638 shares or 0.02% of its portfolio. Greenbrier Prns Capital Limited stated it has 250,000 shares or 3.5% of all its holdings. CWM LLC boosted its holdings in Starbucks Corporation by 0.6% during the 2nd quarter. Lehman Finance Resource accumulated 7,400 shares or 0.23% of the stock. Vetr downgraded Starbucks Corporation (NASDAQ:SBUX) on Thursday, September 3 to "Buy" rating. Therefore 25% are positive. Starbucks Corporation had 64 analyst reports since July 28, 2015 according to SRatingsIntel. Cowen and Company reiterated a "buy" rating and issued a $63.00 price objective on shares of Starbucks Corporation in a report on Friday, September 1st. The firm earned "Buy" rating on Monday, December 21 by Bank of America. The company was downgraded on Thursday, April 28 by William Blair. The company was maintained on Wednesday, June 28 by UBS. Sanford C. Bernstein reissued an "outperform" rating and issued a $67.00 target price on shares of Starbucks Corporation in a research report on Wednesday, August 23rd. Starbucks Corporation has an average rating of "Buy" and a consensus target price of $64.64.
