Starbucks Corporation (SBUX) Shares Bought by Bridges Investment Counsel Inc

Ivan Schwartz
August 22, 2017

Timessquare Capital Management Llc sold 38,305 shares as Starbucks Corp. The Sawgrass Asset Management Llc holds 485,426 shares with $26.95 million value, up from 387,406 last quarter. Stevens Capital Management Lp who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $76.09B market cap company. The overall volume in the last trading session was 10.35 million shares.

Starbucks Corporation (NASDAQ:SBUX) last posted its earnings results on Thursday, July 27th.

Level 3 Communications, a provider of a range of integrated communications services. The company has market cap of $132.93 million. It has a 83.28 P/E ratio. The North America includes activities in Atlanta, Georgia; Littleton, Colorado; Miami, Florida; Montreal, Canada; New York, New York; Phoenix, Arizona; Pittsburgh, Pennsylvania; Southfield, Michigan, and Tulsa, Oklahoma. Zelman downgraded the stock to " rating in Thursday, February 25 report. Therefore 0 are positive. Kanaly, Texas-based fund reported 3,029 shares.

Among 23 analysts covering Union Pacific Corporation (NYSE:UNP), 12 have Buy rating, 1 Sell and 10 Hold. SunTrust initiated the shares of LVLT in report on Tuesday, December 13 with "Hold" rating. The rating was maintained by Compass Point on Tuesday, January 5 with "Neutral". The firm has "Buy" rating by Jefferies given on Tuesday, June 13. The stock decreased 0.52% or $0.6 during the last trading session, reaching $113.8. The company was downgraded on Wednesday, August 9 by BMO Capital Markets. Following the completion of the sale, the director now owns 24,000 shares of the company's stock, valued at $1,455,120. The rating was maintained by UBS on Friday, October 30 with "Buy". The firm has "Hold" rating given on Friday, July 28 by Guggenheim.

Now, the FactSet Research estimate calls for Q4 2017 earnings of US$0.55. Its down 0.50, from 1.46 in 2016Q3. It also reduced its holding in Aimmune Therapeutics Inc by 615,277 shares in the quarter, leaving it with 677,663 shares, and cut its stake in Zogenix Inc. Finally, Norway Savings Bank raised its position in Starbucks Corporation by 1.7% in the first quarter. Cantillon Mgmt Ltd Company has invested 1.21% in Credit Acceptance Corp.

Passport Capital Llc, which manages about $4.54 billion and $5.95B US Long portfolio, upped its stake in Spdr Gold Trust (GLD) by 4.90 million shares to 5.00 million shares, valued at $548.05 million in 2016Q4, according to the filing. Cadinha & Co. LLC now owns 46,446 shares of the coffee company's stock worth $2,712,000 after buying an additional 4,845 shares during the period. Moreover, Blackrock Fund Advisors has 0% invested in the company for 1,777 shares. Concert Pharmaceuticals Inc (NASDAQ:CNCE) was reduced too. Missouri-based Kennedy Inc has invested 0.35% in SYNNEX Corporation (NYSE:SNX).'s article titled: "Achillion shares rally as blood disorder treatment shows promise" and published on August 08, 2017 is yet another important article. Farmers & Merchants Investments Inc. now owns 130,945 shares of the coffee company's stock valued at $7,635,000 after buying an additional 24,212 shares in the last quarter. (NYSE:LVLT) or 17,439 shares. World Asset Mgmt invested in 0.28% or 133,858 shares. Salem Inv Counselors Inc owns 5,122 shares or 0.06% of their U.S. portfolio. The firm has "Hold" rating given on Tuesday, August 1 by Raymond James. (NYSE:LVLT) or 239,501 shares. (NYSE:LVLT) for 6,691 shares. Bridgeway Capital Mngmt Incorporated reported 245,600 shares.

Since March 8, 2017, it had 0 buys, and 16 insider sales for $8.09 million activity. (NYSE:LVLT) on Tuesday, April 4. The insider MORTENSEN ERIC sold 925 shares worth $53,182. Shares for $527,737 were sold by Ryan John Michael.

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The analyst recommendations from a month ago are 2 Buy, 14 Strong Buy, 0 Sell, 0 Hold and 3. Also, Director Myron E. Ullman III sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 14th. Hanson McClain Inc. boosted its stake in shares of Starbucks Corporation by 21.2% in the first quarter.

Finally, Investment House LLC increased its position in Starbucks Corporation by 1.7% in the second quarter. Its down 0.54, from 1.32 in 2016Q3.

Several other hedge funds and other institutional investors have also bought and sold shares of SBUX.

The most recent non open market insider trade was completed by BURROWS CLIFFORD on 07/17/2017, and was a disposition of 19,183 shares with a final price of $58.33. The institutional investor held 93,942 shares of the restaurants company at the end of 2016Q4, valued at $5.22 million, up from 64,121 at the end of the previous reported quarter. Bnp Paribas Arbitrage Sa has 969,128 shares. Norway Savings Bank now owns 6,525 shares of the coffee company's stock valued at $381,000 after buying an additional 110 shares in the last quarter. Nordea Ab reported 380,368 shares. (NASDAQ:CACC). Hsbc Holdings Public Ltd Com reported 110,610 shares. Geode Cap Mgmt Lc owns 14.78M shares. Alliancebernstein LP holds 0.7% in Starbucks Corporation (NASDAQ:SBUX) or 15.13 million shares. The rating was maintained by Bernstein on Friday, June 16 with "Buy". Rhumbline Advisers accumulated 65,352 shares. Quadrant Capital Group LLC raised its position in Starbucks Corporation by 9.1% in the first quarter. Symphony Asset Mngmt Lc owns 71,486 shares. Symphony Asset Management Ltd Limited Liability Company reported 71,486 shares stake. Mitsubishi Ufj Secs stated it has 0.13% in Starbucks Corporation (NASDAQ:SBUX). Wcm Investment Mgmt Ca owns 19,695 shares or 0.02% of their USA portfolio. Calamos Advisors Ltd Co has invested 0.79% in Starbucks Corporation (NASDAQ:SBUX). Mckinley Mngmt Delaware owns 50,210 shares or 0.11% of their United States portfolio.

Among 10 analysts covering Wintrust Financial (NASDAQ:WTFC), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Wedbush restated a "hold" rating on shares of Starbucks Corporation in a research report on Friday, July 28th. As per Wednesday, July 12, the company rating was maintained by RBC Capital Markets. The firm has "Buy" rating given on Wednesday, September 21 by Longbow. On Friday, July 28 the stock rating was maintained by Wedbush with "Hold". The stock of Starbucks Corporation (NASDAQ:SBUX) earned "Buy" rating by Oppenheimer on Friday, July 28.

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