(SBUX) Shares Bought by Benin Management CORP
- Author: Zachary Reyes Jun 09, 2017,
Jun 09, 2017, 23:17
Cypress Asset Management Inc Tx has 0.12% invested in Starbucks Corporation (NASDAQ:SBUX) for 11,400 shares. About 1.62M shares traded.
For the Current Quarter, the growth estimate for Starbucks Corporation is 12.2%, while for the Next Quarter the stock growth estimate is 5.4%. It has underperformed by 4.22% the S&P500.The move comes after 7 months negative chart setup for the $89.00 billion company.
Nuveen Asset Management Llc increased Rowan Companies Plc (RDC) stake by 418.7% reported in 2016Q4 SEC filing. Capital International Sarl acquired 32,500 shares as Starbucks Corp (SBUX)'s stock rose 6.99%.
The stock has Return on Assets (ROA) of 21 percent. State Street Corp increased its position in shares of Starbucks by 3.5% in the fourth quarter. The Stock has Weekly volatility of 0.93% and monthly volatility of 1.17%. 1,740,233 shares of the company's stock traded hands. Unilever NV (ADR) (NYSE:UN) has risen 26.55% since June 8, 2016 and is uptrending. It has underperformed by 22.39% the S&P500. During the same quarter in the prior year, the company earned $0.39 earnings per share. The coffee company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.45.
Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price. On average, analysts predict that Starbucks Co. will post $2.11 EPS for the current fiscal year. Argus cut Starbucks from a "buy" rating to a "hold" rating and increased their target price for the company from $55.50 to $55.81 in a report on Friday, February 10th.
Starbucks Corporation was upgraded to " by analysts at Deutsche Bank. The firm earned "Buy" rating on Friday, May 13 by Canaccord Genuity. Finally, Wedbush reaffirmed an "outperform" rating and set a $65.00 price target on shares of Starbucks in a research note on Monday, March 13th.
Receive Starbucks Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks Corporation with MarketBeat.com's FREE daily email newsletter. Goldman Sachs has "Buy" rating and $72 target. The stock has a market capitalization of $91.95 billion, a PE ratio of 31.40 and a beta of 0.79. Stock has got OUTPERFORM rating from 6 analyst of Thomson Reuters, 3 analyst given HOLD rating to the stock and 2 given UNDERPERFORM rating. There are brokerage firms with lower targets than the average, including one setting a price target of $57.
The number of shares now held by investors is 1.45 Billion. Its up 0.04, from 0.93 in 2016Q3.
A number of other institutional investors also recently added to or reduced their stakes in the company. Bessemer Grp Inc reported 0.9% stake. Valley National Advisers Inc. raised its position in Starbucks by 0.3% in the first quarter. (NASDAQ:BNCL). Pax Ww Mgmt Limited Co holds 950,000 shares or 0.99% of its portfolio. Finally, Massachusetts Financial Services Co. Mark Sheptoff Fincl Planning Ltd accumulated 14,379 shares. Analysts have placed a $65.9 price target on Starbucks Corporation, suggesting a 3.78% gain from recent close. (NYSE:TSN). Janney Montgomery Scott Ltd Company, Pennsylvania-based fund reported 3,299 shares. Cap Ser Of America reported 2.46% in Starbucks Corporation (NASDAQ:SBUX). California Public Employees Retirement Sys invested in 0.01% or 371,800 shares. Stockholders of record on Thursday, May 11th were issued a $0.25 dividend.
Since December 12, 2016, it had 0 insider purchases, and 8 insider sales for $27.97 million activity. The insider Ramo Joshua Cooper sold $324,114. CULVER JOHN had sold 168,814 shares worth $9.90 million on Monday, December 12. Shares for $633,700 were sold by ULLMAN MYRON E III. About 150,342 shares traded. Also, insider Clifford Burrows sold 114,826 shares of the business's stock in a transaction dated Thursday, May 18th. Vanguard Group Inc Inc owns 6.02 million shares.
Investors sentiment decreased to 0.75 in Q4 2016. MS's profit will be $1.58 billion for 13.08 P/E if the $0.85 EPS becomes a reality. It worsened, as 79 investors sold TSN shares while 239 reduced holdings. 7 funds opened positions while 8 raised stakes. Jpmorgan Chase And accumulated 2,001 shares. Duncker Streett & holds 0.38% or 20,453 shares in its portfolio. Long Road Invest Counsel Ltd Liability reported 93,470 shares stake. 79,960 are owned by Montgomery Inv Mgmt. Ngam LP has 27,829 shares for 0.02% of their portfolio. Pacific Global Investment Mngmt Co holds 0.28% or 24,831 shares. Gabelli Funds Ltd Liability Corp has invested 0.19% in Morgan Stanley (NYSE:MS). The share price of SBUX has increased by over 10.43% in the last six months. Moreover, Sequoia Advsr Limited Liability Corp has 0.79% invested in Weyerhaeuser Co (NYSE:WY). Associated Banc owns 150,321 shares. Ironwood Invest Counsel Llc holds 0.11% or 8,360 shares. 75,709 are owned by Schmidt P J Management Inc. Gabelli Funds, New York-based fund reported 285,500 shares. The latest reports which are outstanding on Wednesday 7th of June state 15 analysts have a rating of "strong buy", 12 analysts "buy", 5 analysts "neutral", 0 analysts "sell" and 0 analysts "strong sell". Therefore 69% are positive. CytoSorbents had 6 analyst reports since October 29, 2015 according to SRatingsIntel. The company was maintained on Monday, August 29 by Deutsche Bank. The rating was maintained by BMO Capital Markets with "Outperform" on Friday, October 30. The firm has "Underperform" rating by Credit Agricole given on Tuesday, December 22. The stock has "Strong-Buy" rating by Vetr on Friday, August 28.