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Confluence Investment Management LLC Increases Position in Starbucks Corporation (SBUX)

Confluence Investment Management LLC Increases Position in Starbucks Corporation (SBUX)”

Waldron LP now owns 18,119 shares of the coffee company's stock worth $1,057,000 after acquiring an additional 5,604 shares during the period. The stock declined 0.83% or $0.45 reaching $54.05 on the news. Realogy Holdings Corp (NYSE:RLGY) has declined 1.61% since September 30, 2016 and is downtrending. It has outperformed by 13.67% the S&P500.

Cypress Capital Management Llc Wy increased Starbucks Corp (SBUX) stake by 23.88% reported in 2017Q2 SEC filing. Jacobi Capital Management LLC now owns 1,878 shares of the coffee company's stock valued at $109,000 after acquiring an additional 50 shares during the period. Invest House Limited Company accumulated 10,775 shares or 0.08% of the stock. Argentiere Capital Ag who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $77.81B market cap company. Allstate Corp acquired 16,545 shares as Starbucks Corp (SBUX)'s stock rose 6.99%. About 234,847 shares traded. It seems that Starbucks Corporation (NASDAQ:SBUX) might see muted action given an ABR of 2.2 or Hold rating. It has underperformed by 4.22% the S&P500. Lpl Financial Ltd Liability Corporation owns 632,697 shares.

Starbucks Corporation most recently reported earnings per share (EPS) of $0.55 for the June 2017 versus $0.49 in the same quarter previous year, representing 12% growth. Zevin Asset Management has an ownership of 61,924 stocks of the coffee firms shares valued at $3,616,000 following acquiring an extra 625 shares through out the quarter. Analysts predict that Starbucks will post $2.13 earnings per share for the current fiscal year. Therefore 45% are positive. They presently have a $66.00 price objective on the coffee company's stock. RBC Capital Markets has "Hold" rating and $143.0 target. Whittier Trust Of Nevada Inc invested in 115,278 shares or 0.65% of the stock. The company was maintained on Wednesday, October 19 by RBC Capital Markets. As per Thursday, August 31, the company rating was maintained by Cowen & Co. The company was upgraded on Saturday, December 17 by Deutsche Bank. The firm has "Neutral" rating given on Tuesday, August 9 by M Partners. As per Wednesday, September 21, the company rating was initiated by Longbow. On Tuesday, August 4 the stock rating was upgraded by Zacks to "Sell". Starbucks Corporation has an average rating of "Buy" and a consensus target price of $64.33. Therefore 71% are positive. Stephens reissued an "equal weight" rating and issued a $58.00 target price on shares of Starbucks in a report on Sunday, January 29th. Moreover, Massachusetts Financial Service Com Ma has 0.35% invested in Starbucks Corporation (NASDAQ:SBUX) for 13.61 million shares. The rating was maintained by Robert W. Baird with "Buy" on Monday, June 5. The company has market cap of $5.56 million. Mizuho reaffirmed a "buy" rating and issued a $75.00 target price on shares of Starbucks Corporation in a report on Friday. The firm has "Hold" rating given on Friday, July 28 by Guggenheim. The rating was maintained by Goldman Sachs on Wednesday, May 4 with "Buy".

Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of coffee.

Allstate Corp decreased Delta Air Lines Inc Del (NYSE:DAL) stake by 20,002 shares to 29,264 valued at $1.57 million in 2017Q2. It also increased its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 290,000 shares in the quarter, for a total of 400,000 shares, and has risen its stake in Allergan Plc.

Starbucks Corporation (NASDAQ:SBUX) last announced its quarterly earnings data on Thursday, July 27th. Following the completion of the sale, the director now directly owns 36,966 shares of the company's stock, valued at $1,974,354.06. SBUX's profit will be $794.17 million for 24.45 P/E if the $0.55 EPS becomes a reality. Finally, RNC Capital Management LLC boosted its position in shares of Starbucks Corporation by 0.7% during the 2nd quarter.

Since May 3, 2017, it had 0 insider buys, and 5 sales for $10.48 million activity. The insider BURROWS CLIFFORD sold 114,826 shares worth $6.83M. Its up 0.34, from 0.87 in 2017Q1.

Several large investors have recently bought and sold shares of the stock. 104 funds opened positions while 473 raised stakes. Share performance for the month is now at 1.84%.

Shares of Vuzix Corporation (NASDAQ:VUZI) traded down -0.88% in the last session while performance was up 5.6% in the last five days. The correct version of this article can be viewed at https://www.truebluetribune.com/2017/09/30/gwk-investment-management-llc-has-14-09-million-holdings-in-starbucks-corporation-sbux.html. Rathbone Brothers Public Limited Liability Corporation holds 12,052 shares. Natl Registered Advisor holds 0.24% or 9,780 shares in its portfolio. Magellan Asset Management Ltd now owns 18,667,755 shares of the coffee company's stock worth $1,090,000,000 after acquiring an additional 18,667,265 shares during the last quarter. Sawtooth Solutions upgraded its stake in stocks of Starbucks Corporation by 60.1% through out the 1st period. Waddell And Reed Finance accumulated 1.40 million shares. SBUX has a beta of 0.77 and RSI is 48.47. Fishman Jay A Ltd Mi reported 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Epoch Partners owns 46,212 shares.



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