Magellan Asset Management Ltd now owns 30,912,781 shares of the coffee company's stock valued at $1,775,321,000 after purchasing an additional 4,744,675 shares during the period. At the end of 2017Q4, the hedge fund held 430,433 shares of the restaurants company, valued at $24.72 million, up from 227,049 at the end of the previous reported quarter. Starbucks has a 52 week low of $57.07 and a 52 week high of $57.86. The stock decreased 0.66% or $0.38 during the last trading session, reaching $57.27. It has underperformed by 11.15% the S&P500. This buyback authorization permits the coffee company to repurchase shares of its stock through open market purchases. The coffee company reported $0.53 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.53. $79.03B is the MC of Starbucks Corp Com. Yandex N.V. (NASDAQ:YNDX) has risen 79.21% since May 12, 2017 and is uptrending. Starbucks Corporation had 106 analyst reports since July 28, 2015 according to SRatingsIntel. On Wednesday, November 15 the firm has "Buy" rating by UBS given. Tradewinds Management Ltd Company owns 59,715 shs. Burns J W & invested 1.41% of its capital in Starbucks Corporation (NASDAQ:SBUX). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.16% in Starbucks Corporation (NASDAQ:SBUX) or 320,899 shs. Menora Mivtachim Hldgs Limited holds 1.43% of its capital in Starbucks Corporation (NASDAQ:SBUX) for 644,300 shs. The stock has a consensus rating of "Buy" and a consensus price target of $64.25. Family Capital Tru Co holds 75,242 shs.
Since January 31, 2018, it had 0 insider purchases, and 3 insider sales for $13.62 million activity.
Big Money Sentiment increased to 1.05 in Q4 2017. That's change of 0.08, from 2017Q3's 0.97. 423 increased holdings while 114 funds bought holdings. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported. Investors of record on Thursday, May 10th will be given a dividend of $0.30 per share. Earnest Limited Liability Company reported 0% stake. Franklin Street Advsrs Inc Nc has invested 1.01% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). King Luther Capital Mgmt Corporation holds 0.04% or 79,332 shs.More news: Eyes trained on Gulf as storms develop near Florida
Several research firms have commented on SBUX. 2,986 are held by Hanson Mcclain. Oppenheimer Inc holds 0.32% or 215,875 shs. Hermes Mngmt Limited owns 62,407 shares or 0.05% of their U.S. portfolio. Banque Pictet And Cie invested in 0.4% or 345,388 shs. Following the completion of the sale, the director now directly owns 26,500 shares of the company's stock, valued at $1,592,650. Finally, Atlantic Trust Group LLC boosted its stake in shares of Starbucks by 1,244.8% during the 3rd quarter. Finally, Gradient Investments LLC acquired a new stake in shares of Starbucks in the 4th quarter worth $117,000.
For more Starbucks Corporation (NASDAQ:SBUX) news announced briefly go to: Seekingalpha.com, 247Wallst.com, 247Wallst.com, Bizjournals.com or Seekingalpha.com. Therefore 80% are positive. JP Morgan maintained Yandex N.V. (NASDAQ:YNDX) on Thursday, April 26 with "Overweight" rating. Deutsche Bank reissued a "buy" rating and set a $63.00 price objective on shares of Starbucks in a report on Friday, January 26th. On Thursday, March 29 the company was downgraded by Wedbush. The stock of Yandex N.V. (NASDAQ:YNDX) earned "Hold" rating by Standpoint Research on Friday, April 7.
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