The shares were sold at an average price of $54.52, for a total transaction of $1,363,000.00. The stock increased 4.42% or $6.76 during the last trading session, reaching $159.79. First Trust Advsrs LP invested in 1.01M shares or 0.11% of the stock. It has underperformed by 11.15% the S&P500. Capital Returns Management Llc sold 118,900 shares as the company's stock rose 5.11% while stock markets declined. The company had revenue of $6.07 billion for the quarter, compared to analyst estimates of $6.19 billion.
NASDAQ:SBUX traded down $0.01 during trading on Friday, hitting $57.89. About 12.02 million shares traded or 9.88% up from the average. Republic Services, Inc. (NYSE:RSG) has risen 6.18% since March 31, 2017 and is uptrending. It has underperformed by 11.15% the S&P500. Sumitomo Mitsui Financial Group Inc. bought a new position in Starbucks in the third quarter valued at about $111,000.
SBUX has been the subject of several recent research reports. The firm has "Buy" rating by UBS given on Wednesday, November 15. Jp Marvel Investment Advisors Lc holds 1.57% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 89,728 shares. The stock has "Hold" rating by Barclays Capital on Tuesday, January 16. The stock has an average rating of Buy and an average target price of $64.05.
Starbucks Corp (SBUX) investors sentiment increased to 1.05 in 2017 Q4. Its up 0.08, from 0.97 in 2017Q3. The institutional investors in our database reported: 983.38 million shares, up from 972.68 million shares in 2017Q3.
Shares of NASDAQ:SBUX opened at $57.89 on Friday. 195.12 million shares or 0.73% less from 196.55 million shares in 2017Q3 were reported. Huntington State Bank holds 432,525 shares or 0.4% of its portfolio. Moreover, Invesco Ltd has 0.27% invested in Starbucks Corporation (NASDAQ:SBUX). Ontario - Canada-based Manufacturers Life Insurance The has invested 0% in Banc of California, Inc. Mercer Capital Advisers owns 12,555 shares. Also, insider Clifford Burrows sold 162,826 shares of Starbucks stock in a transaction dated Wednesday, January 31st.
Alliancebernstein Lp, which manages about $139.80 billion US Long portfolio, upped its stake in Galapagos Nv by 20,640 shares to 38,050 shares, valued at $3.57 million in 2017Q4, according to the filing. $386,000 worth of Banc of California, Inc. The Guardian Capital Lp holds 201,802 shares with $13.64 million value, up from 191,790 last quarter.
Analysts await NOW Inc. They expect $1.40 earnings per share, up 34.62% or $0.36 from last year's $1.04 per share. SBUX's profit will be $744.97 million for 27.31 P/E if the $0.53 EPS becomes a reality. The coffee company reported $0.58 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.01.
Since February 1, 2018, it had 1 insider buy, and 0 selling transactions for $386,000 activity. It is positive, as 25 investors sold JUNO shares while 47 reduced holdings. 36 funds opened positions while 74 raised stakes. Drw Secs Limited Liability reported 0.62% stake. Baystate Wealth Ltd Limited Liability Company holds 10 shares. Koshinski Asset Mgmt reported 17,902 shares. Grandeur Peak Global Advsr Limited Liability invested in 0.1% or 67,575 shares. (NASDAQ:JUNO) for 100,000 shares. Texas-based Cullen Frost Bankers has invested 1.81% in Facebook, Inc. Bedrijfstakpensioenfonds Voor De Media Pno invested in 5.11% or 176,000 shares. Gemmer Asset Lc holds 114,021 shares or 2.26% of its portfolio. Banced reported 8,917 shares. Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) was raised too. D E Shaw Incorporated holds 0% in Banc of California, Inc. Schroder Inv Group Incorporated has invested 0% in Republic Services, Inc. Twelve analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock.
Ratings analysis reveals 60% of Starbucks's analysts are positive. Oppenheimer reiterated a "buy" rating and issued a $66.00 price target on shares of Starbucks in a research note on Friday, January 19th. The stock of NOW Inc. As per Monday, August 28, the company rating was upgraded by BTIG Research. (NASDAQ:FB) rating on Friday, July 21.