The stock decreased 4.15% or $1.6 during the last trading session, reaching $36.98. Covington Capital Management sold 7,062 shares as Starbucks Corp (SBUX)'s stock rose 6.99%. KB Home (NYSE:KBH) has risen 69.35% since January 13, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.
Cypress Capital Group decreased its stake in Starbucks Corp (SBUX) by 8.7% based on its latest 2017Q3 regulatory filing with the SEC.
Starbucks (NASDAQ:SBUX)'s stock had its "buy" rating reaffirmed by investment analysts at Piper Jaffray Companies in a research report issued to clients and investors on Friday, January 5th. The institutional investor held 66,343 shares of the restaurants company at the end of 2017Q3, valued at $3.56 million, up from 60,411 at the end of the previous reported quarter. Alta Capital Management Llc who had been investing in Starbucks for a number of months, seems to be bullish on the $85.94B market cap company. The stock decreased 0.04% or $0.02 during the last trading session, reaching $49.85. The shares now trade at $59.82 and have been able to report a change of 1.89% over the past one week. Starbucks Corporation (SBUX) has made its way to a 12-month gain of 3.35%. It has underperformed by 13.46% the S&P500. Zacks Investment Research upgraded shares of Starbucks from a sell rating to a hold rating in a research note on Tuesday, October 24th. Therefore 25% are positive. Moreover, Wolverine Asset Limited Company has 0.11% invested in Starbucks Corporation (NASDAQ:SBUX) for 184,508 shares. Insiders sold a total of 254,682 shares of company stock valued at $14,935,431 in the last three months. The firm has "Hold" rating given on Monday, October 23 by Mizuho. Also, the current price highlights a discount of 465.22% to analysts' high consensus price target. The firm has "Market Perform" rating given on Wednesday, August 9 by BMO Capital Markets. On Monday, September 4 the stock rating was maintained by Stifel Nicolaus with "Hold". The brokerage issued a buy rating on the coffee company's stock.
Since January 1, 0001, it had 0 buys, and 4 insider sales for $601,263 activity. Glenview National Bank Tru Dept invested in 77,693 shares. 41 funds opened positions while 124 raised stakes. Ameriprise Financial Inc reported 0.04% in Mallinckrodt Public Limited Company (NYSE:MNK). Parsec Fincl Management invested in 0.47% or 122,076 shares. Waratah Capital Advisors holds 74,905 shares or 0.51% of its portfolio. Sterling Cap Management Limited Liability Corp holds 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 8,238 shares. Capital Guardian accumulated 1.32 million shares or 1.23% of the stock. Acadian Asset Mngmt Limited Liability Company reported 5,996 shares. Noesis Mangement, Florida-based fund reported 4,098 shares. Cibc Markets owns 528,935 shares. Gofen & Glossberg Lc Il holds 517,709 shares. Utah Retirement holds 0.03% or 13,650 shares. Raymond James & Associates invested in 0.01% or 59,127 shares. National Planning Corporation holds 0.74% or 67,050 shares in its portfolio. First Allied Advisory Services invested in 0.19% or 82,627 shares. The shares were sold at an average price of $56.95, for a total transaction of $170,850.00. It also reduced its holding in Barrick Gold (Put) (NYSE:ABX) by 311,621 shares in the quarter, leaving it with 500 shares, and cut its stake in Royal Caribbean (NYSE:RCL). Chevron Corporation (NYSE:CVX) has risen 6.68% since January 13, 2017 and is uptrending. For the last quarter, the company's quarterly EPS was $0.55. SBUX's profit will be $810.99M for 26.49 P/E if the $0.57 EPS becomes a reality. Therefore 65% are positive.
Starbucks Corporation has a consensus outperform rating from 33 Wall Street analysts, and the number of shares now sold short amount to at least 2.24% of shares outstanding. The firm has "Hold" rating by Deutsche Bank given on Tuesday, April 12. On Tuesday, November 7 the stock rating was maintained by DA Davidson with "Buy". RBC Capital Markets maintained it with "Buy" rating and $6300 target in Friday, July 28 report.
Tigress Financial started coverage on shares of Starbucks (NASDAQ:SBUX) in a report issued on Wednesday, December 27th, Marketbeat reports. The company was maintained on Friday, October 30 by UBS. RBC Capital Markets maintained the stock with "Outperform" rating in Friday, July 24 report. On Friday, August 25 the stock rating was upgraded by Wedbush to "Outperform".
Short interest or otherwise called the percentage of a stock's tradable shares now being shorted is another data that investors use to get a handle on sentiment. The firm has a market cap of $81.34 billion, a PE ratio of 28.62 and a beta of 0.79.
A number of hedge funds and other institutional investors have recently bought and sold shares of SBUX. Finally, Sphera Funds Management LTD. purchased a new position in shares of Starbucks Corporation during the third quarter worth about $2,252,000. Over the last five days, shares have managed 1.89% gains and now is up 3.96% since hitting its 200-day moving average of $56.24. Nadler Finance Grp holds 0.08% or 4,250 shares. Roffman Miller Pa holds 308,456 shares or 2.18% of its portfolio. State Of Tennessee Treasury Department accumulated 40,779 shares. Sector Pension Investment Board stated it has 0.11% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). The company's revenue for the quarter was down.2% on a year-over-year basis. equities research analysts predict that Starbucks Co. will post 2.34 EPS for the current year. Quantbot Techs LP has invested 0.4% in Starbucks Corporation (NASDAQ:SBUX). Wendell David Assocs has 97,504 shares for 0.93% of their portfolio. Geode Capital Mngmt Ltd Liability Company accumulated 635,907 shares or 0.02% of the stock. Strs Ohio owns 0% invested in Autodesk, Inc. Bancshares Of America De owns 10,754 shares or 0% of their U.S. portfolio. Altfest L J & reported 0.11% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).
Since September 7, 2017, it had 0 buys, and 2 selling transactions for $4.70 million activity.