Starbucks Corporation (NASDAQ:SBUX) Director Myron E. Ullman III Sells 22966 Shares

Marco Green
September 21, 2017

The institutional investor held 6,283 shares of the industrial machinery and components company at the end of 2017Q2, valued at $1.02M, up from 2,883 at the end of the previous reported quarter. The market capitalization of the company is at $78.66 Billion. The stock declined 0.37% or $0.21 reaching $54.94 per share. The company saw 5.08 million shares trade hands over the course of the day. It is down 12.48% since September 21, 2016 and is uptrending. It has outperformed by 18.46% the S&P500.

Palladium Partners Llc increased Starbucks Corp Com (SBUX) stake by 4.13% reported in 2016Q4 SEC filing. Smithfield accumulated 3,312 shares. Investors who are keeping close eye on the stock of Starbucks Corporation (NASDAQ:SBUX) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 4.84 and sector's optimum level is 14.60. It has underperformed by 4.78% the S&P500.

Investors sentiment increased to 1.21 in Q4 2016. Its up 0.34, from 0.87 in 2017Q1. It increased, as 59 investors sold SBUX shares while 450 reduced holdings. The investment managers in our partner's database now have: 988.30 million shares, up from 974.49 million shares in 2017Q1. IBM Retirement Fund's holdings in Starbucks Corporation were worth $2,249,000 at the end of the most recent quarter. Given that its average daily volume over the 30 days has been 9.88 million shares a day, this signifies a pretty significant change over the norm. The coffee company reported $0.55 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.55. Raub Brock Capital Management LP bought a new stake in Starbucks Corporation in the first quarter worth $14,259,000. Two Creeks Capital Management Lp owns 3.09 million shares or 10.99% of their U.S. portfolio. Doheny Asset Mgmt Ca holds 2.11% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 77,080 shares. Analysts forecast earnings per share of $0.55, down exactly $0.01 or 1.79 % from 2014's $0.56 EPS. Hanson Mcclain Incorporated holds 2,466 shares. Alaska-based State Of Alaska Department Of Revenue has invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Checchi Capital Advisers Limited stated it has 10,970 shares. Jpmorgan Chase & Commerce accumulated 0% or 8,382 shares. Baxter Bros owns 7,991 shares. Ls Inv Advisors Limited Com has 52,976 shares. The coffee company reported $0.55 EPS for the quarter, meeting analysts' consensus estimates of $0.55.

Ratings analysis reveals 71% of Starbucks Corporation's analysts are positive. The stock has "Outperform" rating by BMO Capital Markets on Friday, October 30. The firm has "Mixed" rating by OTR Global given on Wednesday, July 13. The stock has "Buy" rating by Shore Capital on Friday, April 7. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given on Monday, June 5 by Robert W. Baird. The company was maintained on Monday, March 13 by Wedbush. Goldman Sachs maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, July 22. Wedbush maintained the stock with "Outperform" rating in Wednesday, September 28 report.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: "Starbucks Still Not Cheap At $53" on September 10, 2017, also Investorplace.com with their article: "Tuesday's Vital Data: Apple Inc". More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: "Will The Fall Season Add (Pumpkin) Spice To Starbucks' Earnings?" published on September 14, 2017 as well as Seekingalpha.com's news article titled: "Starbucks Still Not Cheap At $53" with publication date: September 10, 2017.

Since May 3, 2017, it had 0 buys, and 5 insider sales for $10.48 million activity. The correct version of this piece can be read at https://www.truebluetribune.com/2017/09/21/boston-private-wealth-llc-has-21-89-million-holdings-in-starbucks-corporation-sbux.html. Vanguard Group Inc. now owns 94,417,613 shares of the coffee company's stock valued at $5,505,491,000 after buying an additional 1,953,003 shares during the period. Shares for $6.83M were sold by BURROWS CLIFFORD. O'Brien Anthony F sold $194,170 worth of stock. The rating was maintained by UBS on Friday, July 24 with "Buy". 93 funds opened positions while 346 raised stakes. Blair William And Com Il accumulated 4.01M shares or 1.99% of the stock. Credit Agricole S A reported 301,473 shares stake. The business had revenue of $5.66 billion for the quarter, compared to analysts' expectations of $5.76 billion. Scott Selber Inc owns 1.87% invested in Raytheon Company (NYSE:RTN) for 19,130 shares. Blue Financial Capital has 13,095 shares for 1.36% of their portfolio. Commonwealth Bancshares Of holds 91,550 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt holds 0.11% or 199,000 shares. Anchor Bolt Capital Ltd Partnership has 0.81% invested in Raytheon Company (NYSE:RTN). Sprott has invested 0.06% in Raytheon Company (NYSE:RTN). (NASDAQ:CVGW) stake by 209,708 shares and now owns 559,857 shares.

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