Sather Financial Group Inc Has $13.72 Million Holdings in Starbucks Co. (SBUX)

Mae Love
April 14, 2018

The stock decreased 0.40% or $0.24 during the last trading session, reaching $59.19. About 3.26M shares traded. The coffee company reported $0.52 EPS for the quarter, meeting the Zacks' consensus estimate of $0.52. SBUX underperformed by 11.15% the S&P 500. (NASDAQ:SBUX) during the 4th quarter, according to its most recent disclosure with the SEC. Moon Capital Management Lp sold 100,000 shares as the company's stock declined 14.15% with the market. The institutional investor held 242,729 shares of the edp services company at the end of 2017Q4, valued at $16.36M, up from 234,784 at the end of the previous reported quarter. Starbucks Corp now has $83.27B valuation. The stock decreased 0.21% or $0.36 during the last trading session, reaching $173. About 7.22 million shares traded. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Outperform" rating given on Friday, July 28 by BMO Capital Markets. It has underperformed by 11.15% the S&P500. This's net activity of $13.62 million. The insider Battaglioli Michael R. sold $279,560. About 3.31M shares traded. Its up 0.15, from 0.76 in 2017Q3. Hancock Hldgs has 42,316 shares for 0.09% of their portfolio. Karpus stated it has 4,822 shares. Riggs Asset Managment Company invested in 36,113 shs or 0.84% of the stock. Copper Rock Capital Partners Llc owns 235,314 shares or 1.44% of their United States portfolio. Azimuth Capital Management Lc owns 94,952 shs for 0.39% of their capital. (NASDAQ:TSLA) or 1,014 shares. 20,600 are held by Alpine Woods Invsts Limited Liability Corporation. The stock was sold at an average price of $60.10, for a total value of $3,596,263.80. Tompkins Fincl Corp owns 385 shares. (NYSE:TWX). Fayez Sarofim And holds 205,226 shares or 0.1% of its portfolio.

Investors sentiment increased to 0.91 in Q4 2017. Gamble Jones Invest Counsel reported 9,278 shs or 0.05% of all its holdings. 469,336 were reported by Stephens Invest Mngmt Gru Inc. One analyst has rated the stock with a sell rating, twelve have given a hold rating and nineteen have given a buy rating to the stock. The positive are 68%. They issued a "buy" rating for the company. RBC Capital Markets maintained it with "Outperform" rating and $64 target in Wednesday, October 19 report. The firm earned "Buy" rating on Monday, September 4 by Canaccord Genuity. The firm has "Neutral" rating by Piper Jaffray given on Monday, October 31. Following the sale, the director now owns 39,000 shares in the company, valued at approximately $2,126,280. On Friday, July 28 the stock rating was downgraded by Stifel Nicolaus to "Hold". The rating was maintained by Piper Jaffray with "Buy" on Friday, July 28. The rating was maintained by Scotia Capital on Tuesday, January 30 with "Hold". Therefore 65% are positive. Since November 1, 2017 according to StockzIntelligence Inc Starbucks Corp has 33 analyst reports. On Thursday, December 21 the stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given by RBC Capital Markets. Cowen & Co maintained the shares of SBUX in report on Friday, January 26 with "Buy" rating. UBS maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, March 9 with "Buy" rating. The rating was maintained by BMO Capital Markets with "Market Perform" on Friday, November 3. The company was maintained on Tuesday, October 10 by Cowen & Co. Finally, Goldman Sachs downgraded shares of Starbucks from a conviction-buy rating to a buy rating and decreased their price target for the company from $73.00 to $68.00 in a research note on Friday, January 26th. Robert W. Baird maintained it with "Buy" rating and $7400 target in Monday, June 5 report. The firm has "Equal-Weight" rating given on Friday, October 21 by Morgan Stanley. Its up 0.08, from 0.97 in 2017Q3. It is negative, as 105 investors sold TSLA shares while 156 reduced holdings. 164 funds opened positions while 501 raised stakes. The Two Creeks Capital Management Lp holds 1.89 million shares with $108.54 million value, up from 1.06M last quarter. Bnp Paribas Arbitrage Sa invested 0.09% of its capital in Starbucks Corporation (NASDAQ:SBUX). Evanson Asset Mgmt Ltd Llc invested in 0.24% or 3,799 shares. Sun Life Financial INC now owns 10,551 shares of the coffee company's stock worth $615,000 after acquiring an additional 10,505 shares during the period. Virtus Investment Advisers, Connecticut-based fund reported 625,658 shares. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has "Outperform" rating given on Wednesday, August 5 by Bernstein.

Among 19 analysts covering Starbucks Corp (NASDAQ:SBUX), 13 have Buy rating, 0 Sell and 6 Hold. After $1.69 actual earnings per share reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth. Tributary Capital Mngmt Ltd Co has 0.06% invested in Starbucks Corporation (NASDAQ:SBUX) for 12,600 shs. Gabelli Funds Ltd Liability owns 324,317 shares. Chilton Lc reported 174,284 shares.

Starbucks Corporation (NASDAQ:SBUX) last announced its quarterly earnings results on Thursday, January 26th.

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In Starbucks Corp (SBUX) was reduced the stake held by Riggs Asset Managment Company.

Since January 31, 2018, it had 0 insider purchases, and 3 sales for $13.62 million activity. Also, insider Clifford Burrows sold 162,826 shares of the business's stock in a transaction that occurred on Wednesday, January 31st.

In related news, Director Myron E. Ullman III sold 25,000 shares of the company's stock in a transaction that occurred on Thursday, February 8th.

Motley Fool Wealth Management Llc, which manages about $130.00M and $1.30B US Long portfolio, upped its stake in Brookfield Asset Management Inc (NYSE:BAM) by 7,533 shares to 145,668 shares, valued at $6.34M in 2017Q4, according to the filing. It also increased its holding in Bed Bath & Beyond Inc (NASDAQ:BBBY) by 258,644 shares in the quarter, for a total of 458,644 shares, and has risen its stake in Goodyear Tire & Rubr Co (NASDAQ:GT).

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