Canada Pension Plan Investment Board Position in Starbucks Corp Com (NASDAQ:SBUX) Upped as Price Rose

May 16, 2018 - By Sheila Pollock

Starbucks Corporation (NASDAQ:SBUX) Corporate LogoDuring 2017 Q4 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 increased. 423 rose positions while 114 funds acquired positions. Funds hold 983.38 million shares thus 1.10% more from 2017Q3’s 972.68 million shares. Mercer Advisers Inc has 12,555 shs for 0.52% of their capital. Whalerock Point Prtnrs Limited Liability Corp accumulated 5,132 shs or 0.09% of the stock. Nikko Asset Mgmt Americas Incorporated stated it has 825,800 shs or 1.2% of all its holdings. Benjamin F Edwards & invested 0.32% in Starbucks Corporation (NASDAQ:SBUX). Ci Global Invests reported 1.56 million shs or 1.73% of all its holdings. Amalgamated Bank & Trust has 186,755 shs for 0.29% of their capital. Mirae Asset Investments Limited stated it has 559,993 shs or 0.43% of all its holdings. First Allied Advisory, Missouri-based fund reported 91,484 shs. Ckw Finance Group stated it has 2,080 shs or 0.03% of all its holdings. North Star Invest Mgmt, a Illinois-based fund reported 42,345 shs. 3,832 were reported by Smithfield Trust. Advisory Services Network Ltd Company has invested 0.12% in Starbucks Corporation (NASDAQ:SBUX). Winfield Associates has invested 0.25% in Starbucks Corporation (NASDAQ:SBUX). Mastrapasqua Asset Management reported 123,848 shs. Ramsay Stattman Vela Price Inc holds 54,135 shs.

SBUX had 3 insider sales and 0 insider buys since January 31, 2018. This’s net activity of $13.62 million. Shares for $740,851 were sold by ULLMAN MYRON E III on Monday, March 12. On Wednesday, January 31 BURROWS CLIFFORD also sold $9.28 million worth of Starbucks Corporation (NASDAQ:SBUX).

Canada Pension Plan Investment Board increased its stake by 18.87% in Starbucks Corp Com (NASDAQ:SBUX), according to 2018Q1 Securities and Exchange regulatory filling. Starbucks Corp Com (NASDAQ:SBUX) rose 0.28% while stock markets declined as Canada Pension Plan Investment Board bought 397,500 shares. In 2018Q1, the 2.50M shares in Starbucks Corp Com (NASDAQ:SBUX) held by Canada Pension Plan Investment Board were valued $144.93 million, up from 2.11 million last quarter. $78.87B is the Starbucks Corp Com’s market cap. Ticker’s shares touched $57.15 during the last trading session after 0.90% change.Currently Starbucks Corporation is uptrending after 0.40% change in last May 17, 2017. SBUX has 4.26 million shares volume. SBUX underperformed by 11.15% the S&P500.

Canada Pension Plan Investment Board manages about $59.34 billion US longs. According to a filing the fund decreased its stake in Vipshop Hldgs Ltd Sponsored Adr (NYSE:VIPS) by 1.02M shares to 123,010 shares, valued at $2.04M in 2018Q1. Canada Pension Plan Investment Board cut its stake in Weibo Corp Sponsored Adr (NASDAQ:WB) and reduced Morgan Stanley Com New (NYSE:MS) position by 272,155 shares for a total of 1.72 million shares.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

In total 18 analysts cover Starbucks Corp (NASDAQ:SBUX). “Buy” rating has 11, “Sell” are 0, while 7 are “Hold”. 61% are bullish. 26 are the (NASDAQ:SBUX)’s analyst reports since December 21, 2017 according to StockzIntelligence Inc. On Friday, January 26 the stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given by Credit Suisse. On Friday, January 26 the company was maintained by Oppenheimer. On Friday, January 19 Cowen & Co maintained Starbucks Corporation (NASDAQ:SBUX) with “Buy” rating. In Friday, April 27 report Piper Jaffray maintained it with “Buy” rating and $7000 target. On Friday, January 26 the rating was maintained by Piper Jaffray with “Buy”. The company rating was maintained by UBS on Thursday, March 15. On Friday, January 26 the firm has “Buy” rating by Cowen & Co given. On Thursday, January 25 the company was maintained by Robert W. Baird. On Tuesday, January 2 Robert W. Baird maintained the shares of SBUX in report with “Buy” rating. On Friday, December 22 Jefferies 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 valued at $78.87 billion. The firm operates in four divisions: Americas; China/Asia Pacific; Europe, Middle East, and Africa; and Channel Development.18.95 is the P/E ratio. 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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