Melvin Capital Management Lp who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $89.51 billion market cap company. The Fort Washington Investment Advisors Inc holds 486,633 shares with $62.32 million value, up from 450,741 last quarter. Dolby Laboratories Inc. now has $5.12B valuation. V Wealth Management LLC now owns 6,496 shares of the coffee company's stock worth $383,000 after buying an additional 414 shares during the period. The firm owned 33,094 shares of the coffee company's stock after buying an additional 1,120 shares during the period. (NASDAQ:SBUX) by 3.5% during the first quarter, Holdings Channel reports. It has underperformed by 4.22% the S&P500. Hall Laurie J Trustee reported 200 shares stake. It also reduced its holding in Sunopta Inc (NASDAQ:STKL) by 59,326 shares in the quarter, leaving it with 219,998 shares, and cut its stake in Whiting Pete Corp New (NYSE:WLL). During the same quarter in the prior year, the company earned $0.39 earnings per share.
Tightening the gaze, stock performance for the last 5 trading days is 0.07%. About 6,999 shares traded. It is down 31.92% since May 25, 2016 and is downtrending. It has underperformed by 2.35% the S&P500.
Investors sentiment decreased to 0.88 in Q4 2016.
Beta is also an important valuation ratio for analyzing the stock of the company, SBUX has Beta of 0.75 while its industry and Sector's beta remains at 0.51 and 1.33 respectively. It improved, as 22 investors sold KRA shares while 52 reduced holdings. 79 funds opened positions while 223 raised stakes. Royal Bank of Canada reaffirmed an "outperform" rating and set a $66.00 target price on shares of Starbucks in a report on Friday, January 27th. State Board Of Administration Of Florida Retirement holds 0% or 19,752 shares in its portfolio. Hutchin Hill Cap LP reported 0.06% stake.
Profit Limited Liability Corp reported 14,925 shares. Susquehanna Intll Grp Inc Llp holds 0% of its portfolio in Kraton Corp (NYSE:KRA) for 66,110 shares. Henderson Public Limited Co holds 0.12% of its portfolio in Mercadolibre Inc (NASDAQ:MELI) for 103,912 shares. Pacwest Inc reported 39,337 shares. Wg Shaheen Assoc Dba Whitney owns 60,000 shares. Wms Ptnrs Ltd Co has 11,406 shares. Next Fincl Gp Incorporated accumulated 209 shares. 9,256 are owned by Hollencrest Securities Limited Liability.
Highvista Strategies Llc decreased Charter Communications Inc N stake by 2,600 shares to 53,055 valued at $15.28M in 2016Q4. Allergan Plc Shs was reduced too. Therefore 63% are positive. The firm has "Hold" rating by Argus Research given on Friday, February 10. The company was maintained on Wednesday, September 28 by CLSA. The firm has "Hold" rating by Deutsche Bank given on Wednesday, November 2. The rating was maintained by UBS with "Buy" on Friday, October 30. Dougherty & Company upgraded the stock to "Buy" rating in Thursday, January 28 report. 80,000 shares valued at $4.71 million were sold by BURROWS CLIFFORD on Thursday, December 8.
In related news, Director Myron E. Ullman III sold 20,000 shares of the stock in a transaction dated Wednesday, May 3rd. Socket Mobile, Inc. (NASDAQ:SCKT) has risen 1.56% since May 25, 2016 and is uptrending. $6.15M worth of stock was sold by BRADLEY WILLIAM W on Thursday, February 2. Helm Lucy Lee sold $1.72M worth of stock.
Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.72, from 1.26 in 2016Q3. 127 funds opened positions while 452 raised stakes. Share performance for the month is now at 1.53%. Blackhill has invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Investors may also be paying close concentration to some simple moving average indicators on shares of Starbucks Corporation (SBUX). Kennedy Capital Mgmt accumulated 305,115 shares. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: "Star Buy For Starbucks?" published on May 03, 2017 as well as Seekingalpha.com's news article titled: "Starbucks' Wonderful Growth Record Is Tarnished". About 3.16M shares traded. Agran Libbie invested 0.29% in Starbucks Corporation (NASDAQ:SBUX). This year company's Earnings per Share (EPS) growth is 100.60% and next year's estimated EPS growth is 28.50%.
Starbucks Corporation is a roaster, marketer and retailer of coffee. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.27% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Marianas Fund Management Ltd Liability Corp stated it has 5.2% in Starbucks Corporation (NASDAQ:SBUX). Pinebridge Invests Ltd Partnership invested in 0.02% or 10,648 shares. On Monday, December 12 the insider CULVER JOHN sold $9.90 million. Therefore 70% are positive. For the current year the company's revenue estimates are $22.72 Billion compared to low analyst estimates of $22.48 Billion and high estimates of $23.1 Billion according to 30 number of analysts. The company was downgraded on Thursday, September 3 by Zacks. The firm has "Neutral" rating given on Wednesday, March 30 by JP Morgan. OTR Global downgraded the shares of SBUX in report on Wednesday, July 13 to "Mixed" rating. Past 5 years growth of Starbucks Corp (NASDAQ:SBUX) observed at 19.83%, looking forward for the next 5 years it has a strong prediction of 15.33% over growth. RBC Capital Markets maintained it with "Outperform" rating and $64 target in Friday, July 24 report. The company was maintained on Friday, July 22 by Goldman Sachs. Company insiders own 3.40% of the company's stock. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Outperform" rating given on Monday, March 13 by Wedbush. The company was maintained on Tuesday, August 18 by Scotia Capital.