We Are One Seven LLC Buys New Position in Starbucks (SBUX)

We Are One Seven LLC Buys New Position in Starbucks (SBUX)

Taylor Hoffman Wealth Management bought a new position in Starbucks in the fourth quarter worth about $107,000. Sumitomo Mitsui Financial Group Inc. purchased a new position in Starbucks in the 3rd quarter valued at about $111,000. The institutional investor acquired 5,614 shares of the coffee company's stock, valued at approximately $322,000.

Metropolitan Life Insurance Co.

In recent trading day Starbucks Corporation (SBUX) stock showed the move of 1.07% with the closing price of $57.65. The fund owned 282,338 shares of the coffee company's stock after selling 462,100 shares during the period.

Conning Inc increased its stake in Starbucks Corp (SBUX) by 854.19% based on its latest 2017Q4 regulatory filing with the SEC.

SBUX stock opened at $58.36 on Monday. On the surface, it seems as the higher the 50-day moving average goes, the more bullish the market is (and the lower it goes, the more bearish).

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The current ratio of 1.1 is mainly used to give an idea of a company's ability to pay back its liabilities (debt and accounts payable) with its assets (cash, marketable securities, inventory, accounts receivable). Saturna Capital Corp sold 6,686 shares as the company's stock rose 0.28% while stock markets declined. During the key period of last 5 years, Starbucks Corporation (NASDAQ:SBUX) sales have annually surged 11.00% on average, however its earnings per share growth remained at 17.10%.

The company is expected to report earnings of $0.66 a share for the next quarter. However it has a net margin of 18.70%. The institutional investor held 526,448 shares of the restaurants company at the end of 2017Q4, valued at $30.23M, up from 55,172 at the end of the previous reported quarter. Starbucks's quarterly revenue was up 13.9% compared to the same quarter last year. research analysts anticipate that Starbucks will post 2.49 EPS for the current fiscal year. Intact Invest Mgmt invested in 0.39% or 69,000 shares. This represents a $1.20 annualized dividend and a yield of 2.10%. Starbucks's dividend payout ratio (DPR) is now 58.25%.

Target Price/Analysts Mean Suggestion: Mostly, a price target is an individual analyst's expectation on the future price of a security, usually a stock. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, September 15. On Friday, January 26 the firm has "Hold" rating by Credit Suisse given. Finally, Goldman Sachs lowered shares of Starbucks from a "conviction-buy" rating to a "buy" rating and dropped their price target for the company from $73.00 to $68.00 in a research note on Friday, January 26th. "Buy" rating has 11, "Sell" are 0, while 7 are "Hold". The ex-dividend date of this dividend is Wednesday, May 9th. The shares were sold at an average price of $57.02, for a total value of $9,284,338.52. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The stock was sold at an average price of $54.52, for a total transaction of $1,363,000.00. The disclosure for this sale can be found here. The stock now has Monthly Volatility of 1.82% and Weekly Volatility of 1.91%.

SBUX had 3 selling transactions and 0 insider purchases since January 31, 2018.

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