Sather Financial Group INC Increased Starbucks Corp (SBUX) Stake by $7.76 Million; Stock Price Declined

Starbucks Corporation (NASDAQ:SBUX) LogoInvestors sentiment decreased to 0.76 in Q2 2018. Its down 0.17, from 0.93 in 2018Q1. It turned negative, as 116 investors sold SBUX shares while 487 reduced holdings. 105 funds opened positions while 356 raised stakes. 929.26 million shares or 2.71% less from 955.12 million shares in 2018Q1 were reported. Bbva Compass Financial Bank has invested 0.23% in Starbucks Corporation (NASDAQ:SBUX). 520,997 are owned by Pacifica Capital Invs Ltd Com. 26,188 were reported by Private Wealth Advisors Inc. New York-based Tocqueville Asset Mngmt Limited Partnership has invested 0.27% in Starbucks Corporation (NASDAQ:SBUX). Rampart Investment Management Company Limited Liability Corporation holds 82,209 shares or 0.39% of its portfolio. Hodges Mngmt invested in 0.07% or 20,001 shares. Hills National Bank Co invested in 0.54% or 38,497 shares. New England Private Wealth Advsrs Lc invested in 5,836 shares. Winfield Assoc Inc invested in 0.16% or 5,990 shares. Park Circle owns 196,600 shares for 6.27% of their portfolio. Lombard Odier Asset Management (Switzerland) owns 24,429 shares for 0.13% of their portfolio. Clearbridge Ltd has invested 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Miracle Mile Advsr Limited Co holds 111,431 shares or 0.52% of its portfolio. Mastrapasqua Asset Mngmt reported 1.23% stake. Fuller And Thaler Asset Mgmt Inc has 0.01% invested in Starbucks Corporation (NASDAQ:SBUX) for 11,300 shares.

Since August 3, 2018, it had 1 buying transaction, and 4 sales for $15.56 million activity. ULLMAN MYRON E III sold $5.46M worth of Starbucks Corporation (NASDAQ:SBUX) on Tuesday, September 11. 166,666 Starbucks Corporation (NASDAQ:SBUX) shares with value of $8.78 million were sold by TERUEL JAVIER G.

Sather Financial Group Inc increased its stake in Starbucks Corp (SBUX) by 66.78% based on its latest 2018Q2 regulatory filing with the SEC. Sather Financial Group Inc bought 161,650 shares as the company’s stock declined 2.21% while stock markets rallied. The institutional investor held 403,708 shares of the restaurants company at the end of 2018Q2, valued at $19.72 million, up from 242,058 at the end of the previous reported quarter. Sather Financial Group Inc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $87.76 billion market cap company. The stock decreased 0.01% or $0.01 during the last trading session, reaching $67.04. About 12.64 million shares traded or 8.81% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 2.67% since November 14, 2017 and is uptrending. It has underperformed by 12.95% the S&P500.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks expands delivery in China” on November 06, 2018, also Seekingalpha.com with their article: “Starbucks makes big push in Japan” published on November 08, 2018, Seekingalpha.com published: “Starbucks: Results Aren’t Worthy” on November 02, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Investorplace.com and their article: “3 Reasons to Remain Bullish on SBUX Stock” published on November 13, 2018 as well as Seekingalpha.com‘s news article titled: “Starbucks details corporate job cuts” with publication date: November 13, 2018.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

Among 21 analysts covering Starbucks Corp (NASDAQ:SBUX), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. Starbucks Corp had 30 analyst reports since May 21, 2018 according to SRatingsIntel. On Friday, July 27 the stock rating was maintained by Wedbush with “Neutral”. The rating was maintained by Wedbush on Friday, November 2 with “Neutral”. The rating was downgraded by BTIG Research to “Hold” on Wednesday, June 20. The rating was maintained by Citigroup on Monday, November 12 with “Buy”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Neutral” rating given on Wednesday, June 20 by Mizuho. BMO Capital Markets maintained the stock with “Market Perform” rating in Friday, November 2 report. On Wednesday, August 22 the stock rating was downgraded by PiperJaffray to “Neutral”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Overweight” rating given on Thursday, June 21 by JP Morgan. Barclays Capital maintained the shares of SBUX in report on Wednesday, July 18 with “Equal-Weight” rating. Morgan Stanley downgraded the shares of SBUX in report on Wednesday, June 20 to “Hold” rating.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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