Starbucks Corp Com (NASDAQ:SBUX) Shareholder Canada Pension Plan Investment Board Upped Position as Price Rose by $22.66 Million

May 16, 2018 - By Mark Mitchell

Starbucks Corporation (NASDAQ:SBUX) Corporate LogoDuring Q4 2017 the big money sentiment increased to 1.05. That’s change of 0.08, from 2017Q3’s 0.97. 63 investors sold all, 449 reduced holdings as SBUX ratio is positive. 423 grew positions while 114 funds took positions. Funds hold 983.38 million shares thus 1.10% more from 2017Q3’s 972.68 million shares. Stevens Capital Mngmt L P owns 605,948 shs. Susquehanna Gp Incorporated Limited Liability Partnership has invested 0.03% in Starbucks Corporation (NASDAQ:SBUX). The New York-based Forte Llc Adv has invested 0.18% in Starbucks Corporation (NASDAQ:SBUX). Envestnet Asset Mngmt holds 926,409 shs or 0.12% of its capital. State Of Wisconsin Investment Board holds 2.17M shs or 0.34% of its capital. Credit Agricole S A accumulated 11,387 shs. Valley Natl Advisers has invested 0.05% in Starbucks Corporation (NASDAQ:SBUX). Magnetar Financial Limited Liability accumulated 24,240 shs. 10,034 are held by Triangle Wealth Mngmt. 76,272 were accumulated by Crossvault Cap Ltd Liability Corporation. Crow Point Ptnrs Ltd Limited Liability Company has invested 0.02% of its capital in Starbucks Corporation (NASDAQ:SBUX). Mirador Prtnrs L P, a California-based fund reported 7,366 shs. Hap Trading invested in 87,873 shs or 0.21% of the stock. Brown Advisory Incorporated holds 5.50M shs. Baxter Bros Incorporated owns 6,325 shs for 0.1% of their capital.

SBUX had 3 selling transactions and 0 buys since January 31, 2018. This’s net activity of $13.62 million. The insider WEATHERUP CRAIG sold 59,838 shs worth $3.60M. The insider ULLMAN MYRON E III sold 12,500 shs worth $740,851.

Based on the latest 2018Q1 regulatory report from the SEC, Canada Pension Plan Investment Board upped its stake in Starbucks Corp Com (NASDAQ:SBUX) by 18.87%. Starbucks Corp Com (NASDAQ:SBUX) stock Popped Up 0.28% while Canada Pension Plan Investment Board bought 397,500 shares. Canada Pension Plan Investment Board announced $144.93M position in Canada Pension Plan Investment Board for 2018Q1. Now it holds 2.50M shares, compared to 2.11M last quarter. $78.87 billion is the Starbucks Corp Com’s MC. SBUX is reaching $57.15 during the last trading session, after increased 0.90%.Currently Starbucks Corporation is uptrending after 0.40% change in last May 17, 2017. SBUX has 4.26M shares volume. SBUX underperformed by 11.15% the S&P500.

Canada Pension Plan Investment Board manages about $59.34 billion US longs. It decreased its stake in Monsanto Co New Com (NYSE:MON) by 708,700 shares to 963,275 shares, valued at $112.41 million in 2018Q1, according to the regulatory report. It decreased Masco Corp Com (NYSE:MAS) position by 400,422 shares to 236,163 shares, and cut its At&T Inc Com (NYSE:T) stake.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

Total analysts of 18 have positions in Starbucks Corp (NASDAQ:SBUX) as follows: 11 rated it a “Buy”, 0 with “Sell” and 7 with “Hold”. The positive are 61%. Since December 21, 2017 according to StockzIntelligence Inc Starbucks Corp has 26 analyst reports. On Thursday, February 1 the rating was downgraded by Mizuho to “Neutral”. The company rating was downgraded by Bernstein on Monday, January 29. In Friday, March 9 report UBS maintained it with “Buy” rating and $64.0 target. The stock rating was maintained by Nomura with “Buy” on Friday, January 26. The stock rating was maintained by UBS with “Buy” on Thursday, March 15. On Monday, March 12 J.P. Morgan maintained Starbucks Corporation (NASDAQ:SBUX) with “Buy” rating. On Friday, January 26 the company was maintained by Cowen & Co. The stock rating was initiated by Tigress Financial with “Buy” on Wednesday, December 27. On Friday, January 19 the rating was maintained by Cowen & Co with “Buy”. On Thursday, January 25 Robert W. Baird maintained the shares of SBUX in report with “Buy” rating.

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide.The firm is worth $78.87 billion. The firm operates in four divisions: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development.The P/E ratio is 18.95. The Company’s stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, single-serve and ready-to-drink coffee and tea products, juices, and bottled water; an assortment of fresh food and snack offerings; and various food products, such as pastries, breakfast sandwiches, and lunch items, as well as beverage-making equipment and accessories.

Starbucks Corporation (NASDAQ:SBUX) Institutional Investors Chart

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