(SBUX) Downgraded to Hold at Vetr Inc

Jefferies now has a $65.0 TP on shares of Starbucks Corp (NASDAQ:SBUX).

Shares of Starbucks Corporation (NASDAQ:SBUX) traded down $0.50 on Friday, reaching $57.32. Meiji Yasuda Asset Management Co Ltd. now owns 92,401 shares of the coffee company's stock worth $5,388,000 after purchasing an additional 10,250 shares during the last quarter. The data from the past twelve months tells a similar story: insiders executed 16 buys and 37 sells, and ownership decreased by a net of 2.05 million shares.

Starbucks (NASDAQ:SBUX) last announced its earnings results on Thursday, April 27th. It has underperformed by 4.22% the S&P500. Montag A And reported 0.19% stake. The Martin Currie Ltd holds 94,390 shares with $5.50 million value, up from 7,200 last quarter. Waters Corp now has $15.76B valuation. The stock decreased 5.64% or $0.37 during the last trading session, reaching $6.19. About 35,159 shares traded. VSE Corporation (NASDAQ:VSEC) has risen 33.64% since December 2, 2016 and is uptrending. It has outperformed by 59.30% the S&P500. The company was maintained on Wednesday, June 28 by UBS. Mizuho maintained Starbucks Corporation (NASDAQ:SBUX) rating on Wednesday, November 1. The rating was maintained by Robert W. Baird on Wednesday, October 25 with "Outperform". The firm has "Outperform" rating given on Friday, July 22 by Wedbush. The rating was upgraded by Zacks on Wednesday, August 26 to "Hold". The rating was maintained by Cowen & Co with "Buy" on Thursday, August 31. The firm earned "Outperform" rating on Monday, March 13 by Wedbush. Insiders sold 525,550 shares of company stock valued at $29,688,442 in the last ninety days. Appropriate Balance Financial Services Inc. increased its position in Starbucks by 1.6% during the 2nd quarter. Its up 0.17, from 1.35 in 2017Q1. Johnson Counsel holds 10,791 shares. Great Lakes Limited Company holds 11,801 shares. Following the completion of the transaction, the senior vice president now owns 10,438 shares of the company's stock, valued at $594,444.10. Virginia-based Hendershot has invested 2.25% in Starbucks Corporation (NASDAQ:SBUX). Citigroup, New York-based fund reported 3,947 shares. The investor is now holding $29.3 million shares due in part to a decrease of 653741 new shares in their portfolio. Livforsakringsbolaget Skandia Omsesidigt owns 1,551 shares. Cambridge Inv Advsr stated it has 164,579 shares or 0.14% of all its holdings. Capital Investment Services Of America owns 237,655 shares for 2.39% of their portfolio. California Public Employees Retirement Sys stated it has 0.3% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Sun Life Fincl invested in 3,333 shares or 0.07% of the stock.

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Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on January, 25. They expect $0.57 EPS, up 9.62% or $0.05 from last year's $0.52 per share. SBUX's profit will be $810.99 million for 25.03 P/E if the $0.57 EPS becomes a reality. After $0.55 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64 % EPS growth. Sharkey Howes & Javer boosted its holdings in shares of Starbucks by 8.5% during the 2nd quarter. It also reduced Celgene Corp (NASDAQ:CELG) stake by 7,900 shares and now owns 90,231 shares. Spdr S&P 500 (SPY) was reduced too.

Since May 31, 2017, it had 0 buys, and 1 insider sale for $606,300 activity.

Investors sentiment is 1.1 in Q2 2017. Its up 0.34, from 0.87 in 2017Q1. It increased, as 68 investors sold SBUX shares while 409 reduced holdings.

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Other hedge funds have also added to or reduced their stakes in the company. CAPITAL WORLD INVESTORS owned 2.18% of Baker Hughes, a GE company (BHGE) worth $878.34 million at the end of the most recent reporting period. State Of New Jersey Common Pension Fund D owns 600,000 shares. The institutional investor bought 10,530 shares of the coffee company's stock, valued at approximately $614,000. Koshinski Asset Mngmt Inc, a Illinois-based fund reported 6,843 shares. Global Endowment LP holds 0.06% or 6,640 shares. Meiji Yasuda Asset Mngmt Ltd has 0.55% invested in Starbucks Corporation (NASDAQ:SBUX). Duff & Phelps Inv has 16,490 shares for 0.01% of their portfolio. Moors Cabot reported 0.28% stake. Adage Capital Group Ltd Liability Co invested in 2.05 million shares. 241,938 were accumulated by Cohen Steers. The short interest to Starbucks Corporation's float is 1.59%.

Return-on-asset (ROA) for SBUX is 20.20%, indicating its profitability situation relative to its assets. IL raised its position in shares of Starbucks by 0.6% in the first quarter. Credit Suisse Ag holds 0.15% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 2.72 million shares. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. Therefore 83% are positive. If the published price targets set by Starbucks Corporation analysts have any power to influence the stock's share price, the highest price target set for SBUX is $70. Vetr lowered shares of Starbucks from a "strong-buy" rating to a "buy" rating and set a $64.32 price target on the stock.in a research note on Monday, November 13th. The firm earned "Buy" rating on Monday, June 27 by Nomura. Morgan Stanley increased their target price on shares of Starbucks from $62.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, November 10th. Jefferies has "Buy" rating and $6500 target. Finally, BMO Capital Markets reaffirmed a "hold" rating on shares of Starbucks in a research note on Thursday, October 5th. The company was maintained on Wednesday, July 12 by RBC Capital Markets.

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