Has $6.48 Million Position in Starbucks Co. (NASDAQ:SBUX)

  • Has $6.48 Million Position in Starbucks Co. (NASDAQ:SBUX)

Has $6.48 Million Position in Starbucks Co. (NASDAQ:SBUX)

Geneva Advisors LLC now owns 2,750,639 shares of the coffee company's stock valued at $160,390,000 after buying an additional 63,041 shares during the last quarter. The institutional investor held 120,510 shares of the restaurants company at the end of 2017Q3, valued at $6.47M, up from 14,000 at the end of the previous reported quarter.

Looking into last 5 trades, the stock observed a return of nearly 4.60%. About 633,549 shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since January 13, 2017 and is uptrending. It has underperformed by 13.46% the S&P500. ZEUS's SI was 180,300 shares in January as released by FINRA. Employees Retirement Systems Of Texas holds 16,000 shares. The SI to Olympic Steel Incorporated's float is 1.98%.

Starbucks Corporation (NASDAQ:SBUX) is gaining traction with investors, as evidenced by its 8.65 million shares volume.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Thursday, November 2nd. It has underperformed by 10.02% the S&P500.

Investors sentiment decreased to 0.97 in 2017 Q3. The company has a market capitalization of $85,940.00, a P/E ratio of 30.66, a P/E/G ratio of 1.60 and a beta of 0.76. Also, SVP Paul Mutty sold 3,000 shares of the company's stock in a transaction dated Tuesday, November 14th. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Starbucks by 12.5% during the second quarter. After having $0.55 EPS previously, Starbucks Corporation's analysts see 3.64% EPS growth. Guggenheim Cap Ltd Co has invested 0.1% in Cincinnati Financial Corporation (NASDAQ:CINF). Webster Bankshares N A holds 0% in Starbucks Corporation (NASDAQ:SBUX) or 350 shares. (NASDAQ:SGYP), its shares were trading at $2.3 a gain of $0.06, on the trading floor. (NASDAQ:ZEUS) for 846 shares. 57,405 shares valued at $1.33M were sold by HOLLINGER WILLIAM R on Wednesday, August 9. Advsrs Asset Mgmt reported 0.07% in Cerner Corporation (NASDAQ:CERN). (NASDAQ:ADSK) for 4,878 shares. Lombard Odier Asset Mgmt (Europe) Limited owns 16,516 shares or 0.05% of their USA portfolio. Central Financial Bank Tru holds 1.22% or 91,456 shares. Symphony Asset Mngmt Lc, a California-based fund reported 24,898 shares. Schaper Benz & Wise Investment Counsel Wi holds 1.05% or 125,510 shares. West Coast Fincl Ltd Llc has 114,054 shares. Lehman Fincl Resources, Pennsylvania-based fund reported 7,810 shares. Meyer Handelman holds 0.17% or 67,944 shares.

Olympic Steel, Inc. processes and distributes metal products in the United States and internationally. The company has market cap of $39.77 billion. It operates in three divisions: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. Citigroup has "Buy" rating and $118 target. Therefore 38% are positive. The company was maintained on Wednesday, October 4 by Jefferies. BMO Capital Markets maintained the shares of SBUX in report on Friday, November 3 with "Market Perform" rating. The company presently has an average rating of "Buy" and a consensus price target of $63.23. Moreover, Gilder Gagnon Howe Co Ltd Co has 1.29% invested in Autodesk, Inc. The stock of Olympic Steel, Inc. The company was maintained on Thursday, December 21 by RBC Capital Markets. Polen Capital Management Ltd Liability Company stated it has 11.75 million shares or 5.08% of all its holdings. Broadridge Finl Solutions I (NYSE:BR) was reduced too.

Since September 7, 2017, it had 0 insider buys, and 2 sales for $4.70 million activity. The North Dakota-based Investment Centers Of America has invested 0.17% in Starbucks Corporation (NASDAQ:SBUX). On Thursday, September 7 the insider ULLMAN MYRON E III sold $1.23M.

Investors sentiment decreased to 0.97 in 2017 Q3.

Several other institutional investors have also bought and sold shares of SBUX. Finally, Sphera Funds Management LTD. purchased a new position in shares of Starbucks Corporation during the third quarter worth about $2,252,000. Over the last five days, shares have managed 1.89% gains and now is up 3.96% since hitting its 200-day moving average of $56.24. Riverpoint Mngmt Limited Liability owns 20,099 shares or 0.07% of their USA portfolio. Sei Invests holds 0% or 28,713 shares. Wendell David Assocs has 97,504 shares for 0.93% of their portfolio. The company's quarterly revenue was down.2% on a year-over-year basis. equities research analysts predict that Starbucks Co. will post 2.37 earnings per share for the current year. First Long Island Ltd Co accumulated 1.77% or 227,049 shares. Whittier Trust accumulated 436 shares. Brown Brothers Harriman And reported 32,587 shares stake. Morgan Stanley holds 0.01% or 444,627 shares. Barnett & Communication owns 0.02% invested in Starbucks Corporation (NASDAQ:SBUX) for 650 shares. Sterling Cap Management Limited Liability Corp holds 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 8,238 shares. Strs Ohio owns 0% invested in Autodesk, Inc. Winch Advisory Limited reported 355 shares or 0.01% of all its holdings. The New York-based Alliancebernstein Lp has invested 0.59% in Starbucks Corporation (NASDAQ:SBUX). Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 72% are positive. Cowen & Co maintained Starbucks Corporation (NASDAQ:SBUX) on Thursday, August 31 with "Buy" rating. Wedbush downgraded Starbucks Corporation (NASDAQ:SBUX) on Wednesday, June 14 to "Neutral" rating. The firm owned 345,321 shares of the coffee company's stock after purchasing an additional 2,053 shares during the period. Piper Jaffray Companies reaffirmed a "buy" rating and set a $70.00 target price on shares of Starbucks in a research report on Friday, January 5th. The rating was maintained by RBC Capital Markets on Tuesday, September 5 with "Hold". The firm earned "Buy" rating on Wednesday, September 28 by CLSA. Oppenheimer maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, July 28.

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