DekaBank Deutsche Girozentrale Acquires 131312 Shares of Starbucks Corporation (SBUX)

Marco Green
October 12, 2017

Bank of New York Mellon Corp lifted its holdings in Starbucks Corporation by 7.8% in the first quarter. Following the completion of the sale, the director now owns 36,966 shares of the company's stock, valued at $1,974,354.06. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since October 11, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Flowering Tree Investment Management Pte Ltd decreased Vipshop Hldgs Ltd (VIPS) stake by 25.07% reported in 2017Q2 SEC filing. The institutional investor held 193,405 shares of the restaurants company at the end of 2017Q2, valued at $11.28 million, up from 92,184 at the end of the previous reported quarter. The Green Square Capital Llc holds 11,031 shares with $1.34M value, down from 13,534 last quarter. Bamco Inc who had been investing in Bitauto Hldgs Ltd for a number of months, seems to be bullish on the $3.52B market cap company. Sharkey Howes & Javer now owns 1,924 shares of the coffee company's stock valued at $112,000 after purchasing an additional 150 shares in the last quarter.

Consolidated Investment Group Llc increased Ishares Tr (IWR) stake by 37,400 shares to 45,040 valued at $8.65M in 2017Q2. Mastercard Inc (NYSE:MA) has risen 24.16% since October 12, 2016 and is uptrending.

Staley Capital Advisers Inc decreased Usg Corp New (NYSE:USG) stake by 120,000 shares to 295,000 valued at $8.56 million in 2017Q2. Amazon.Com Inc (NASDAQ:AMZN) was raised too.

Investors sentiment increased to 1.21 in Q2 2017. Its up 0.02, from 1.01 in 2017Q1. It improved, as 68 investors sold SBUX shares while 409 reduced holdings.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Susquehanna Intll Grp Ltd Liability Partnership accumulated 1.17 million shares. Bluefin Trading Limited Com invested 0.05% in Starbucks Corporation (NASDAQ:SBUX). Finally, Bingham Osborn & Scarborough LLC boosted its stake in shares of Starbucks by 0.8% in the fourth quarter.

Shares of Starbucks Corporation (NASDAQ SBUX) opened at 55.64 on Thursday. British Columbia Corporation has invested 0.11% in T-Mobile US Inc (NASDAQ:TMUS). The Return on Investment (ROI) ratio of Starbucks Corporation (SBUX) is 29.5 percent. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. Thompson Invest Mgmt Inc owns 0.81% invested in Intel Corporation (NASDAQ:INTC) for 127,954 shares. Bankshares Of Hawaii reported 0.19% stake. Prudential invested in 497,155 shares or 0.02% of the stock. First Foundation Advsr holds 146,268 shares. Finally, Polen Capital Management LLC lifted its holdings in Starbucks Corporation by 7.6% in the first quarter. Cutler Inv Counsel Ltd Liability Corp accumulated 3,813 shares or 0.06% of the stock. Starbucks Corporation has 12 buy ratings, 9 holds and 0 sells even after the stock tumbled -14.23% from its high of $64.87 to a $79.35 billion market value through last close. Therefore 71% are positive. Piper Jaffray Companies reissued a "buy" rating and issued a $70.00 target price on shares of Starbucks Corporation in a report on Friday, July 14th. Following the transaction, the director now directly owns 18,000 shares of the company's stock, valued at $995,400. The firm earned "Buy" rating on Friday, July 28 by RBC Capital Markets. Vetr upgraded shares of Starbucks Corporation from a "buy" rating to a "strong-buy" rating and set a $67.14 price objective for the company in a research report on Thursday, June 22nd. On Friday, June 16 the stock rating was maintained by Bernstein with "Buy". As per Tuesday, October 3, the company rating was maintained by Jefferies. The rating was maintained by Wedbush on Monday, March 13 with "Outperform". Stifel Nicolaus maintained the shares of SBUX in report on Monday, September 4 with "Hold" rating. Pictet North America reported 0.19% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Comparatively, Starbucks Corporation posted earnings of $0.58 per share in the same quarter a year ago. MA's profit will be $1.30 billion for 30.22 P/E if the $1.22 EPS becomes a reality. The coffee company reported $0.45 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.45.

Since May 3, 2017, it had 0 insider buys, and 5 selling transactions for $10.48 million activity. ULLMAN MYRON E III sold $606,300 worth of stock. Magellan Asset Management Ltd now owns 18,667,755 shares of the coffee company's stock valued at $1,090,000,000 after acquiring an additional 18,667,265 shares during the period.

Among 15 analysts covering Vipshop Holdings Limited (NYSE:VIPS), 8 have Buy rating, 3 Sell and 4 Hold. Therefore 87% are positive. Nomura maintained Vipshop Holdings Ltd - ADR (NYSE:VIPS) rating on Wednesday, August 17. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". As per Friday, July 28, the company rating was maintained by Jefferies. The rating was maintained by CLSA with "Buy" on Wednesday, September 28. BMO Capital Markets maintained Antero Resources Corp (NYSE:AR) on Thursday, September 21 with "Buy" rating. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, October 30 with "Outperform" rating. The rating was downgraded by Credit Agricole on Monday, November 16 to "Underperform".

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