The stock increased 2.49% or $2.75 during the last trading session, reaching $113.37. It has outperformed by 36.40% the S&P500. Geode Capital Management LLC now owns 17,008,111 shares of the coffee company's stock worth $974,952,000 after buying an additional 319,533 shares during the last quarter. The coffee company reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.01. The stock decreased 0.43% or $0.2548 during the last trading session, reaching $59.1752. About 5.34M shares traded. SBUX underperformed the S&P 500 by 11.15%.
Tech Data Corp (TECD) investors sentiment increased to 1.39 in Q4 2017. Its up 0.08, from 0.97 in 2017Q3. The original version of this piece can be accessed at https://registrarjournal.com/2018/04/14/starbucks-co-sbux-shares-sold-by-verition-fund-management-llc.html. 69 funds opened positions while 206 raised stakes. Investors holded 972.68 million in 2017Q3 but now own 983.38 million shares or 1.10% more. Bank Of Mellon Corp stated it has 0.46% in Starbucks Corporation (NASDAQ:SBUX). Hm Payson & Com invested in 4,034 shares or 0.01% of the stock. The New York-based First Manhattan has invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Taylor Hoffman Wealth Management acquired a new stake in shares of Starbucks during the fourth quarter worth $107,000. 20,600 are held by Alpine Woods Invsts Limited Liability Corporation. 55,693 were reported by Hartline Inv. 4.09M were accumulated by Hsbc Public Limited Company. It turned negative, as 28 investors sold CREE shares while 75 reduced holdings. Shell Asset Mgmt Communications holds 0.19% or 163,230 shares in its portfolio. (NASDAQ:TSLA). Neuberger Berman Gp Lc has 0.01% invested in Tesla, Inc. Two Sigma Secs Ltd Llc accumulated 7,926 shares. They expect $-4.45 EPS, down 125.89% or $2.48 from last year's $-1.97 per share. Since April 14, 2017 SBUX has risen 0.40% and is uptrending. Barclays PLC reissued an "equal weight" rating and set a $57.00 target price (down previously from $60.00) on shares of Starbucks Corporation in a research report on Sunday, November 6th. Finally, Oppenheimer reissued a "buy" rating and issued a $66.00 price target on shares of Starbucks in a report on Friday, January 26th.More news: US, Russia clash at United Nations over chemical weapons attacks in Syria
The stock of Starbucks Corporation (NASDAQ:SBUX) registered a decrease of 18.36% in short interest. The company was maintained on Friday, July 28 by Stephens. Deutsche Bank reissued a "buy" rating and issued a $63.00 price target on shares of Starbucks in a report on Friday, January 26th. The firm has "Buy" rating by RBC Capital Markets given on Friday, July 28. Guggenheim downgraded Starbucks Corporation (NASDAQ:SBUX) on Friday, July 28 to "Hold" rating. The rating was downgraded by Zacks on Thursday, September 3 to "Hold". The company rating was maintained by William Blair on Friday, January 26. The rating was initiated by Evercore with "Buy" on Tuesday, April 5.
Since January 31, 2018, it had 0 insider buys, and 3 sales for $13.62 million activity. $740,851 worth of Starbucks Corporation (NASDAQ:SBUX) was sold by ULLMAN MYRON E III.More news: 'Coast to Coast AM' Radio Host Art Bell Dies at 72
Several other institutional investors and hedge funds have also recently bought and sold shares of SBUX.
Evanston Investments Inc Dba Evanston Advisors, which manages about $372.58 million and $417.70M US Long portfolio, decreased its stake in Intel Corp. (NYSE:MUSA) to report earnings on May, 7. SBUX's profit will be $744.97 million for 27.94 P/E if the $0.53 EPS becomes a reality. Therefore 33% are positive. Starbucks Co. has a 1 year low of $52.58 and a 1 year high of $64.87. $65.38's average target is 10.01% above currents $59.43 stock price. Cree Inc. had 61 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given on Friday, October 30 by UBS. The firm earned "Hold" rating on Monday, April 25 by Ertse Group. (NYSE:JPM) earned "Overweight" rating by Atlantic Securities on Monday, January 18.More news: Jamaal Lascelles 'Focused' on Newcastle Amid Chelsea Rumours, Says Rafa Benitez