Shufro Rose & Co LLC Increased Its Stake in Starbucks Corp (SBUX) by $6.00 Million as Shares Rose

June 26, 2018 - By Mark Williams

Starbucks Corporation (NASDAQ:SBUX) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.93. That’s change of 0.12, from 2017Q4’s 1.05. 61 investors sold all, 485 reduced holdings as SBUX ratio dropped. 391 grew holdings while 118 funds amassed holdings. Funds hold 955.12 million shares thus 2.87% less from 2017Q4’s 983.38 million shares. Illinois-based Premier Asset Mgmt Ltd Liability has invested 2.28% in Starbucks Corporation (NASDAQ:SBUX). Motco accumulated 79,933 shs. Leisure Capital reported 0.26% stake. Sawgrass Asset Management Ltd Llc invested in 1.03M shs or 2.86% of the stock. Massmutual Fsb Adv holds 70,315 shs. Roffman Miller Assocs Inc Pa has invested 2.4% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Mckinley Carter Wealth Svcs Inc has 0.82% invested in Starbucks Corporation (NASDAQ:SBUX) for 43,102 shs. State Treasurer State Of Michigan owns 413,760 shs or 0.19% of their US capital. Vantage Investment Ltd Liability has invested 0.04% in Starbucks Corporation (NASDAQ:SBUX). Wells Fargo Company Mn holds 8.80M shs. Morgan Stanley holds 46.19 million shs or 0.74% of its capital. 329,829 are held by Segall Bryant & Hamill Ltd Com. Hbk Sorce Advisory Limited Company holds 20,704 shs or 0.15% of its capital. Arizona State Retirement Systems reported 379,028 shs. Saratoga Rech And Inv Mgmt reported 473,639 shs.

SBUX registered $13.62 million net activity with 0 buys and 3 selling transactions since January 31, 2018. $740,851 worth of Starbucks Corporation (NASDAQ:SBUX) was sold by ULLMAN MYRON E III on Monday, March 12. $9.28 million worth of Starbucks Corporation (NASDAQ:SBUX) was sold by BURROWS CLIFFORD on Wednesday, January 31.

Shufro Rose & Co Llc’s holdings in Starbucks Corp (SBUX) is rose by 2205.19% based on its latest 2018Q1 regulatory filing with the SEC. 105,276 shares were bought by Shufro Rose & Co Llc as the company’s stock rose 1.31% while stock markets declined. At the end of 2018Q1, the 110,050 shares of the restaurants company held by the institutional investor were priced at $6.37M, up from 4,774 at the end of the previous reported quarter. $69.54B is the MC of Starbucks Corp. SBUX is reaching $50.39 during the last trading session, after decreased 0.53%.Starbucks Corporation is downtrending after having declined 7.92% since June 26, 2017. SBUX has 11.37M volume or 16.17% up from normal. SBUX underperformed the S&P 500 by 20.49%.

For a total of shares it reduced its holding in by shares in the quarter, and has cut its stake in .

For more Starbucks Corporation (NASDAQ:SBUX) news published briefly go to: Fool.com, Benzinga.com, Seekingalpha.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Is It Finally Time to Sell Starbucks?” published on June 25, 2018, “Should Investors Buy The Dip In Starbucks? These Street Analysts Are Saying No” on June 20, 2018, “Starbucks Valuation: When To Catch This Falling Knife” with a publish date: June 26, 2018, “Is the Turnaround in Chipotle Mexican Grill, Inc. Stock for Real?” and the last “Starbucks: $25 Billion To Nowhere” with publication date: June 21, 2018.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

A total of 22 analysts rate Starbucks Corp (NASDAQ:SBUX) as follows: 11 “Buy”, 11 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:SBUX) has 35 ratings reports on 26 Jun 2018 according to StockzIntelligence. The company rating was maintained by UBS on Friday, March 9. On Friday, January 26 the rating was maintained by Piper Jaffray with “Buy”. On Monday, January 29 the stock has “Hold” rating by Bernstein. On Wednesday, June 20 the stock of Starbucks Corporation (NASDAQ:SBUX) earned “Neutral” rating by Mizuho. The company rating was maintained by Piper Jaffray on Monday, February 5. On Thursday, February 1 the firm has “Neutral” rating by Mizuho given. On Friday, January 26 the rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, June 20 the stock has “Hold” rating by Stifel Nicolaus. On Thursday, June 21 the rating was maintained by JP Morgan with “Overweight”. On Friday, January 26 the firm has “Hold” rating given by Barclays Capital.

Starbucks Corporation (NASDAQ:SBUX) Institutional Investors Chart

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