Starbucks Corp (SBUX) Shares Rose While Nli International INC Has Cut Stake

January 20, 2018 - By Nellie Frank

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2. It turned negative, as 95 investors sold SBUX shares while 448 reduced holdings. 100 funds opened positions while 428 raised stakes. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. Aviva Public Ltd Com, a United Kingdom-based fund reported 1.17M shares. Greenbrier Prtnrs Cap stated it has 2.71% in Starbucks Corporation (NASDAQ:SBUX). 4,275 are owned by Roberts Glore And Inc Il. Davis R M Inc stated it has 0.86% in Starbucks Corporation (NASDAQ:SBUX). 97,504 are owned by Wendell David Assocs. Aureus Asset Mngmt Limited Liability Company invested 0.85% in Starbucks Corporation (NASDAQ:SBUX). Dowling & Yahnke Lc accumulated 112,458 shares or 0.61% of the stock. Cls Invests Ltd Liability Co holds 0.05% or 25,421 shares in its portfolio. Kornitzer Inc Ks has 0.12% invested in Starbucks Corporation (NASDAQ:SBUX). Sfe Inv Counsel holds 0.09% or 3,850 shares. Ithaka Grp Ltd Liability Com has invested 2.06% in Starbucks Corporation (NASDAQ:SBUX). Advisor Prtnrs Lc holds 21,167 shares. Tokio Marine Asset Mgmt reported 176,807 shares or 1.43% of all its holdings. Oregon Public Employees Retirement Fund holds 423,755 shares. First Limited Partnership invested in 0.07% or 477,127 shares.

Since September 7, 2017, it had 0 insider purchases, and 2 insider sales for $4.70 million activity. $1.23 million worth of Starbucks Corporation (NASDAQ:SBUX) shares were sold by ULLMAN MYRON E III.

Nli International Inc decreased its stake in Starbucks Corp (SBUX) by 62.44% based on its latest 2017Q3 regulatory filing with the SEC. Nli International Inc sold 163,000 shares as the company’s stock rose 6.99% with the market. The institutional investor held 98,060 shares of the restaurants company at the end of 2017Q3, valued at $5.27 million, down from 261,060 at the end of the previous reported quarter. Nli International Inc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $87.16B market cap company. The stock increased 0.28% or $0.17 during the last trading session, reaching $61.26. About 8.36 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since January 20, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on January, 25. They expect $0.57 earnings per share, up 9.62 % or $0.05 from last year’s $0.52 per share. SBUX’s profit will be $811.00M for 26.87 P/E if the $0.57 EPS becomes a reality. After $0.55 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64 % EPS growth.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks: A 2035 Dividend Aristocrat” on January 19, 2018, also Seekingalpha.com with their article: “Starbucks’ Potential In India Is Overrated” published on December 31, 2017, Investorplace.com published: “Get a Lid on Starbucks Corporation With This Trade” on January 12, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: “Starbucks sized up ahead of earnings” published on January 18, 2018 as well as Bizjournals.com‘s news article titled: “Memphis-based company mounts campaign against Starbucks” with publication date: January 08, 2018.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

Among 36 analysts covering Starbucks Corporation (NASDAQ:SBUX), 26 have Buy rating, 0 Sell and 10 Hold. Therefore 72% are positive. Starbucks Corporation has $75.0 highest and $52 lowest target. $64.75’s average target is 5.70% above currents $61.26 stock price. Starbucks Corporation had 85 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Hold” rating by Wedbush on Friday, July 28. The rating was maintained by BMO Capital Markets on Friday, July 28 with “Outperform”. BMO Capital Markets maintained the shares of SBUX in report on Friday, October 30 with “Outperform” rating. The stock has “Buy” rating by Tigress Financial on Wednesday, December 27. The firm has “Hold” rating by Guggenheim given on Friday, July 28. UBS maintained it with “Buy” rating and $70 target in Friday, October 30 report. Jefferies maintained Starbucks Corporation (NASDAQ:SBUX) on Wednesday, July 19 with “Buy” rating. Wedbush maintained Starbucks Corporation (NASDAQ:SBUX) rating on Monday, March 13. Wedbush has “Outperform” rating and $65 target. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Monday, June 5 by Robert W. Baird. Stifel Nicolaus reinitiated the stock with “Hold” rating in Tuesday, October 3 report.

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