(NASDAQ:SBUX) Shares Bought by Alpha Cubed Investments LLC

Marco Green
January 13, 2018

The firm owned 82,915 shares of the coffee company's stock after acquiring an additional 2,460 shares during the quarter. Trustmark National Bank Trust Department who had been investing in Intel Corp for a number of months, seems to be less bullish one the $202.15B market cap company. The stock decreased 0.42% or $0.08 during the last trading session, reaching $18.76. About 1.14M shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since January 12, 2017 and is downtrending. It has underperformed by 41.10% the S&P500.

Consulta Ltd increased Starbucks Corp (SBUX) stake by 12.5% reported in 2017Q3 SEC filing. Meiji Yasuda Asset Management Co Ltd. now owns 92,401 shares of the coffee company's stock valued at $5,388,000 after buying an additional 10,250 shares during the last quarter. Murphy Capital Management Inc. lifted its position in shares of Starbucks by 3.1% in the 3rd quarter.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Thursday, November 2nd. It has underperformed by 4.22% the S&P500.

Since September 7, 2017, it had 0 buys, and 2 insider sales for $4.70 million activity. The shares were sold at an average price of $57.61, for a total value of $3,627,471.26. On Thursday, September 7 ULLMAN MYRON E III sold $1.23 million worth of Starbucks Corporation (NASDAQ:SBUX) or 22,966 shares.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on January, 25. They expect $1.13 earnings per share, up 20.21% or $0.19 from last year's $0.94 per share. SBUX's profit will be $811.00M for 26.24 P/E if the $0.57 EPS becomes a reality. The hedge fund run by John Lykouretzos held 989,429 shares of the technology company at the end of 2017Q3, valued at $111.07M, up from 985,251 at the end of the previous reported quarter.

Investors sentiment decreased to 0.97 in Q3 2017. The company has a market capitalization of $85,940.00, a PE ratio of 30.66, a PEG ratio of 1.61 and a beta of 0.76. Sold All: 95 Reduced: 448 Increased: 428 New Position: 100. The institutional investor held 108,671 shares of the semiconductors company at the end of 2017Q3, valued at $4.14M, down from 146,358 at the end of the previous reported quarter. The Consulta Ltd holds 900,000 shares with $48.34M value, up from 800,000 last quarter. 39,923 were reported by Hayek Kallen Invest Mngmt. The hedge fund held 22,595 shares of the restaurants company at the end of 2017Q3, valued at $1.21M, up from 12,945 at the end of the previous reported quarter. Fil Ltd accumulated 245,073 shares. Mar Vista Investment Prtn Limited Com has invested 2.98% in Starbucks Corporation (NASDAQ:SBUX). State Treasurer State Of Michigan has 438,160 shares for 0.19% of their portfolio. Oregon Public Employees Retirement Fund has invested 0.37% in Starbucks Corporation (NASDAQ:SBUX). Baltimore holds 1.15% in Starbucks Corporation (NASDAQ:SBUX) or 94,335 shares. Metropolitan Life Insurance stated it has 0.53% of its portfolio in Intel Corporation (NASDAQ:INTC). It also reduced Anadarko Pete Corp Com (NYSE:APC) stake by 6,606 shares and now owns 72,918 shares. Vontobel Asset Management Inc. increased its position in Starbucks Corporation by 744.1% in the third quarter. Town And Country Bank & Trust And Tru Communications Dba First Bankers Tru Communications reported 0.36% in Starbucks Corporation (NASDAQ:SBUX). Benjamin F Edwards And Inc stated it has 55,669 shares. The company had a trading volume of 6,990,000 shares, compared to its average volume of 8,310,000. During the same period in the prior year, the business posted $0.56 earnings per share. sell-side analysts predict that Starbucks Co. will post 2.34 earnings per share for the current year. Therefore 72% are positive. Moreover, Mycio Wealth Prtnrs Lc has 0.02% invested in Starbucks Corporation (NASDAQ:SBUX). Deutsche Bank maintained the stock with "Hold" rating in Wednesday, November 2 report. The company has a consensus rating of "Buy" and an average target price of $63.23. The rating was maintained by Cowen & Co on Thursday, August 31 with "Buy". RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Wednesday, July 12 with "Buy" rating. The rating was maintained by UBS on Friday, November 3 with "Buy". McKesson Corporation had 73 analyst reports since July 31, 2015 according to SRatingsIntel. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. On Tuesday, October 24 the stock rating was maintained by Needham with "Buy". The rating was downgraded by Canaccord Genuity on Tuesday, August 4 to "Hold". The rating was upgraded by RBC Capital Markets to "Outperform" on Thursday, August 17. The firm earned "Hold" rating on Friday, October 28 by Deutsche Bank. SunTrust maintained Wintrust Financial Corporation (NASDAQ:WTFC) rating on Monday, January 8. The rating was maintained by Jefferies with "Buy" on Friday, July 28. Jefferies maintained the shares of MCK in report on Wednesday, October 18 with "Hold" rating. The company was maintained on Friday, November 3 by Piper Jaffray. Morgan Stanley reissued an "overweight" rating and set a $62.00 price target on shares of Starbucks in a report on Wednesday, October 4th.

Investors sentiment increased to 1.42 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It improved, as 36 investors sold ADSK shares while 132 reduced holdings. Natl Ins Tx reported 400,280 shares. Hancock Comm invested in 25,054 shares. Noesis Mangement owns 4,098 shares. Provise Management Gp Ltd Liability Corp reported 24,700 shares. Institutional investors own 70.67% of the company's stock. Capital Research Global reported 0.02% of its portfolio in McKesson Corporation (NYSE:MCK). Macquarie Grp Limited holds 0.01% or 66,618 shares in its portfolio. Kidder Stephen W reported 181,859 shares.

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