05 September, 2017
Cowen and Company reaffirmed an "outperform" rating and set a $66.00 price target on shares of Starbucks Corporation in a research note on Friday, July 21st. Its up 0.08, from 1.06 in 2016Q3. The Saratoga Research & Investment Management holds 62,129 shares with $3.45 million value, up from 33,421 last quarter. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since September 4, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.
Logan Capital Management Inc decreased Tripadvisor Inc Com (TRIP) stake by 69.19% reported in 2016Q4 SEC filing. Yakira Capital Management Inc sold 229,581 shares as the company's stock rose 15.06% with the market. The Zweig-Dimenna Associates Llc holds 202,800 shares with $10.84M value, up from 27,437 last quarter.
Analysts are also projecting an Average Revenue Estimate for Starbucks Corporation as $5.82 Million in the Current Quarter. United States Steel Corporation (X) maintained activity of 16.7 million shares that trade hands on average basis while its relative volume is 0.61. It has underperformed by 47.01% the S&P500.
Since March 2, 2017, it had 0 buys, and 1 insider sale for $26,777 activity. 32,500 shares were sold by KEATING TIMOTHY JOHN, worth $6.00 million on Friday, May 5. Starbucks Corp now has $79.31B valuation.
Other institutional investors have also recently added to or reduced their stakes in the company. Out of 2 Wall Street analysts rating Ventas, 1 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Therefore 15% are positive. Pinnacle Foods Inc had 22 analyst reports since October 19, 2015 according to SRatingsIntel. The rating was upgraded by S&P Research on Tuesday, July 28 to "Buy". The stock has "Buy" rating by UBS on Friday, July 24. The firm has "Outperform" rating given on Friday, July 28 by BMO Capital Markets. The stock has "Market Perform" rating by BMO Capital Markets on Wednesday, August 9. The company was maintained on Friday, July 28 by BMO Capital Markets. The stock of Tripadvisor Inc (NASDAQ:TRIP) has "Overweight" rating given on Thursday, September 17 by Piper Jaffray. Starbucks Corporation now has a consensus rating of "Buy" and a consensus target price of $64.64. Guggenheim downgraded the stock to "Hold" rating in Friday, July 28 report. The firm has "Buy" rating given on Tuesday, June 13 by RBC Capital Markets. Goldman Sachs maintained it with "Buy" rating and $72 target in Wednesday, May 4 report.
Investors sentiment decreased to 0.88 in Q4 2016. The Weekly and Monthly Volatility stands at 0.78% and 1.21%. It turned negative, as 18 investors sold Shenandoah Telecommunications Company shares while 41 reduced holdings. 137 funds opened positions while 378 raised stakes. Parkside Natl Bank & Trust reported 2,952 shares stake. Parsec Mngmt accumulated 115,737 shares. Rhumbline Advisers has invested 0.06% of its portfolio in KLA-Tencor Corp (NASDAQ:KLAC). North Carolina-based Piedmont Invest Advisors Ltd Liability Corp has invested 0% in KLA-Tencor Corp (NASDAQ:KLAC). 200 are held by Endurance Wealth Inc. 993,908 are held by Waddell Reed Fin Incorporated. Credit Suisse Ag has invested 0% of its portfolio in Shenandoah Telecommunications Company (NASDAQ:SHEN). Cadence Capital Mngmt Ltd Liability Com holds 43,848 shares or 0.24% of its portfolio. Viking Fund Mgmt Limited Liability holds 0.09% or 9,000 shares. Stockholders of record on Thursday, August 10th were given a dividend of $0.25 per share. Apriem Advisors owns 53,421 shares for 0.88% of their portfolio. Architects Inc holds 600 shares or 0.01% of its portfolio. The Connecticut-based Gillespie Robinson & Grimm Inc has invested 3.43% in the stock. Company insiders own 3.40% of the company's stock. Shares for $606,300 were sold by ULLMAN MYRON E III. 18, 2017, the great number of shares disposed came courtesy the group pres. Siren Retail; Burrows Clifford disposed a total of 114,826 shares at an average price of $59.46, amounting to approximately $6,827,554. Therefore 71% are positive. SBUX was included in 63 notes of analysts from July 28, 2015. Jefferies maintained the shares of SBUX in report on Tuesday, August 22 with "Buy" rating. On Friday, September 1 the stock rating was maintained by RBC Capital Markets with "Hold". The firm earned "Hold" rating on Friday, July 28 by Wedbush. HSBC downgraded it to "Hold" rating and $26.50 target in Monday, April 11 report. About shares traded. KLA-Tencor Corp (NASDAQ:KLAC) has risen 49.94% since September 5, 2016 and is uptrending. The rating was downgraded by Zacks on Thursday, September 3 to "Hold". Moreover, Sei Investments has 0.22% invested in Starbucks Corporation (NASDAQ:SBUX) for 815,739 shares. Cowen & Co has "Buy" rating and $6300 target.
Starbucks Corp (NASDAQ:SBUX) institutional sentiment increased to 1.14 in 2016 Q4. Its down 0.06, from 0.92 in 2016Q3. It is positive, as 59 investors sold SBUX shares while 450 reduced holdings. The hedge funds in our partner's database now possess: 970.72 million shares, up from 954.23 million shares in 2016Q3. Fcg Advsrs Limited Liability invested 0.13% in Starbucks Corporation (NASDAQ:SBUX). Hayek Kallen Investment Management's holdings in Starbucks Corporation were worth $2,239,000 at the end of the most recent quarter. Sawtooth Solutions LLC grew its stake in shares of Starbucks Corporation by 60.1% in the first quarter.
More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: "Starbucks Is Getting Attractive" on August 28, 2017, also Seekingalpha.com with their article: "Starbucks: Is Something Brewing?" published on August 23, 2017, Seekingalpha.com published: "Starbucks: Is The Pullback A Buying Opportunity?" on September 02, 2017. Aviva Public Limited Company reported 1.05M shares. Duncker Streett & Company Inc sold 2,945 shares as Boeing Co (BA)'s stock rose 4.66%. Robert W. Baird initiated the shares of BA in report on Thursday, October 6 with "Outperform" rating. The coffee company reported $0.55 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.55.
