Laurel Grove Capital LLC Lowers Position in Starbucks Co. (SBUX)
- Author: Zachary Reyes May 28, 2017,
May 28, 2017, 0:32
About 126 shares traded. Visteon Corp (NYSE:VC) has risen 41.15% since May 24, 2016 and is uptrending. It has outperformed by 18.29% the S&P500.
In other news, insider Clifford Burrows sold 114,826 shares of the stock in a transaction dated Thursday, May 18th. Helm Lucy Lee had sold 29,244 shares worth $1.72 million. The shares were sold at an average price of $59.46, for a total transaction of $6,827,553.96. Russell Investments Group Ltd. acquired a new stake in shares of Starbucks during the fourth quarter valued at approximately $172,717,000. Shares for $9.90M were sold by CULVER JOHN on Monday, December 12. This represents an increase of 163% compared to the average daily volume of 1,717 call options. Its up 0.08, from 1.06 in 2016Q3.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. 127 funds opened positions while 452 raised stakes. BTIG Research reiterated a buy rating and issued a $64.00 price target on shares of Starbucks in a report on Thursday, December 22nd. Alpha Windward Limited Liability Corporation has 0.11% invested in Starbucks Corporation (NASDAQ:SBUX). Highlander Capital Mgmt Ltd Liability Com holds 500 shares or 0.02% of its portfolio.
On Tuesday, Shares of Starbucks Corporation (NASDAQ:SBUX) lost -0.13% to $61.15. The Netherlands-based Apg Asset Nv has invested 0.32% in Starbucks Corporation (NASDAQ:SBUX).
A look at some of the inputs to technical analysis model shows how Starbucks Corporation current price compares to its recent moving averages.
Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of coffee. Cornerstone has invested 0.49% in Starbucks Corporation (NASDAQ:SBUX). Barbara Oil Com stated it has 0.52% in Starbucks Corporation (NASDAQ:SBUX). IHT Wealth Management LLC now owns 2,012 shares of the coffee company's stock valued at $117,000 after buying an additional 187 shares in the last quarter. Stifel Nicolaus upgraded shares of Starbucks from a "hold" rating to a "buy" rating and lifted their target price for the company from $60.00 to $67.00 in a research note on Wednesday, April 19th. Kcg Holdg owns 17,722 shares for 0.02% of their portfolio. Advantus Capital has 146,423 shares. Shell Asset stated it has 162,943 shares or 0.24% of all its holdings. Hollencrest Securities Limited Company accumulated 9,256 shares. Tirschwell Loewy accumulated 0.63% or 63,850 shares. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the company. Therefore 65% are positive.
Starbucks Corporation (SBUX) has been given an average price target of $65.43 from analysts, according to data collected by Finviz. The stock has "Mixed" rating by OTR Global on Wednesday, July 13. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given on Tuesday, April 5 by Evercore. The firm has "Outperform" rating by RBC Capital Markets given on Friday, October 30. Finally, Goldman Sachs Group Inc reissued a "conviction-buy" rating and set a $68.00 target price on shares of Starbucks in a report on Friday, January 27th. Wood maintained PacWest Bancorp (NASDAQ:PACW) on Thursday, March 24 with "Outperform" rating. The company was downgraded on Thursday, September 3 by Vetr. The company presently has a consensus rating of Buy and a consensus price target of $64.67. The rating was maintained by RBC Capital Markets on Friday, July 24 with "Outperform".
Analysts await Visteon Corp (NYSE:VC) to report earnings on July, 27. During the same period in the prior year, the firm posted $0.39 EPS. SBUX's profit will be $795.42M for 27.93 P/E if the $0.55 EPS becomes a reality. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.55 earnings per share.
Investors sentiment decreased to 0.66 in 2016 Q4. Its up 0.08, from 1.06 in 2016Q3. It dropped, as 32 investors sold VC shares while 93 reduced holdings. Bridgeway Capital Mngmt Inc holds 38,600 shares or 0.01% of its portfolio. Cambridge Invest owns 0.02% invested in S & T Bancorp Inc (NASDAQ:STBA) for 22,642 shares. Invesco Limited owns 49,664 shares or 0% of their USA portfolio. Honeywell Incorporated owns 635,362 shares or 1.18% of their U.S. portfolio. (NYSE:TSN) plummeted -0.20% to $58.44.
McDonald's Corporation (NYSE:MCD), after opening at $148.30, closed at $148.19 by scoring 0.03%. Congress Asset Mngmt Ma, Massachusetts-based fund reported 216,891 shares. Capwealth Advsrs Ltd Liability has 166,452 shares for 2% of their portfolio. Family Firm reported 4,603 shares.
Magnetar holds 28,266 shares or 0.02% of its portfolio. Systematic Financial Lp invested 0.49% in Visteon Corp (NYSE:VC).
Shelton Capital Management increased Unilever N V (NYSE:UN) stake by 28,060 shares to 79,698 valued at $3.27 million in 2016Q4. First Long Island Ltd holds 2.19% in Starbucks Corporation (NASDAQ:SBUX) or 226,586 shares.
Since March 3, 2017, it had 1 insider buy, and 1 sale for $406 activity. 8,900 Mistras Group Inc (NYSE:MG) shares with value of $188,748 were sold by Bertolotti Dennis.
Among 13 analysts covering Visteon (NYSE:VC), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Suncor Energy Inc. had 20 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, November 16, the company rating was downgraded by PiperJaffray. The rating was upgraded by Zacks to "Hold" on Monday, August 24. The firm has "Buy" rating given on Tuesday, July 28 by S&P Research.