As Starbucks (SBUX) Share Value Rose, Consulta LTD Has Boosted Holding by $5.70 Million …

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As Starbucks (SBUX) Share Value Rose, Consulta LTD Has Boosted Holding by $5.70 Million …


June 8, 2018 – By Ash

Starbucks Corporation (NASDAQ:SBUX) Logo

West Family Investments Inc decreased its stake in Synchrony Finl (SYF) by 15.34% based on its latest 2018Q1 regulatory filing with the SEC. West Family Investments Inc sold 20,000 shares as the company’s stock declined 4.76% with the market. The institutional investor held 110,362 shares of the consumer services company at the end of 2018Q1, valued at $3.70M, down from 130,362 at the end of the previous reported quarter. West Family Investments Inc who had been investing in Synchrony Finl for a number of months, seems to be less bullish one the $26.76B market cap company. The stock decreased 0.28% or $0.1 during the last trading session, reaching $35.45. About 4.01M shares traded. Synchrony Financial (NYSE:SYF) has risen 30.77% since June 8, 2017 and is uptrending. It has outperformed by 18.20% the S&P500. Some Historical SYF News: 16/05/2018 – Synchrony Financial CEO Says Tax Plan ‘Good for Us’ (Video); 18/04/2018 – Synchrony Financial expected to post earnings of 75 cents a share – Earnings Preview; 15/05/2018 – Synchrony: At April 30, 30 Days-Plus Past Due Percentage Was 4.3%; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 21/05/2018 – Fitch to Rate Synchrony Credit Card Master Note Trust Series 2018-2; Presale Issued; 20/03/2018 – S&PGR Asgns Synchrony Crdt Crd Mstr Nt Tr Nts Ser 2018-1 Rtgs; 12/03/2018 – Redefining Success in IVF: SYNCHRONY by Igenomix Brings in a New Era, a New Hope for Infertile Couples; 05/04/2018 – SYNCHRONY FINANCIAL SYF.N : CITIGROUP STARTS WITH NEUTRAL; TARGET PRICE $37; 20/04/2018 – Synchrony Financial 1Q Net Interest Income $3.8B; 14/03/2018 – Synchrony Hires BlackRock’s Trish Mosconi to Oversee Strategy

Consulta Ltd increased its stake in Starbucks Corp (SBUX) by 11.11% based on its latest 2018Q1 regulatory filing with the SEC. Consulta Ltd bought 100,000 shares as the company’s stock rose 1.31% while stock markets declined. The institutional investor held 1.00 million shares of the restaurants company at the end of 2018Q1, valued at $57.89 million, up from 900,000 at the end of the previous reported quarter. Consulta Ltd who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.11B market cap company. The stock decreased 0.95% or $0.54 during the last trading session, reaching $56.6. About 7.32 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 8, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: 22/05/2018 – Starbucks has updated its guest policy to allow people to use its cafe and restrooms without making a purchase; 07/05/2018 – Nestle to pay $7.15 billion to Starbucks to jump-start coffee business; 07/05/2018 – Nestle To Pay $7.15 Billion To Starbucks In Global Marketing Deal — MarketWatch; 17/04/2018 – New York Post: Starbucks has a latte to learn; 07/05/2018 – Nestle is taking on about 500 Starbucks employees as part of the deal; 08/05/2018 – GOOGLE SAYS CAN MAKE DINNER, HAIRCUT RESERVATIONS BY VIRTUAL ASSISTANT CALLING BUSINESSES – CONFERENCE; 27/04/2018 – Starbucks CEO says Philadelphia arrests did not hurt sales in March; 05/04/2018 – America’s Leading Employers and Foundations to Host Atlanta’s Largest Job Fair for Youth on May 3; 26/04/2018 – Starbucks’ Americas cafe sales rise more than expected; 12/03/2018 – Starbucks Enters Licensing Agreement with SouthRock to Drive Next Wave of Profitable Growth in Brazil

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 1 Sell and 7 Hold. Therefore 73% are positive. Synchrony Financial had 77 analyst reports since July 20, 2015 according to SRatingsIntel. The stock has “Buy” rating by BMO Capital Markets on Friday, April 20. UBS initiated Synchrony Financial (NYSE:SYF) rating on Tuesday, March 27. UBS has “Sell” rating and $3200 target. The stock of Synchrony Financial (NYSE:SYF) has “Hold” rating given on Friday, July 21 by Oppenheimer. Wood maintained the shares of SYF in report on Wednesday, April 12 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, August 22. Wedbush maintained Synchrony Financial (NYSE:SYF) on Monday, December 11 with “Hold” rating. As per Tuesday, April 17, the company rating was maintained by RBC Capital Markets. Nomura upgraded the shares of SYF in report on Tuesday, October 20 to “Buy” rating. The rating was maintained by BTIG Research with “Buy” on Friday, April 20. The firm has “Buy” rating given on Wednesday, June 15 by Jefferies.

More important recent Synchrony Financial (NYSE:SYF) news were published by: Seekingalpha.com which released: “Synchrony: Buy On The Dip” on May 15, 2018, also Streetinsider.com published article titled: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)”, Benzinga.com published: “20 Stocks Moving In Friday’s Pre-Market Session” on June 08, 2018. More interesting news about Synchrony Financial (NYSE:SYF) was released by: Seekingalpha.com and their article: “Synchrony Can Sustain More Credit Card Pain” with publication date: May 31, 2018.

West Family Investments Inc, which manages about $378.17M US Long portfolio, upped its stake in Corporate Cap Tr Inc by 203,993 shares to 564,487 shares, valued at $9.24 million in 2018Q1, according to the filing. It also increased its holding in Mondelez Intl Inc (NASDAQ:MDLZ) by 19,500 shares in the quarter, for a total of 20,000 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

Analysts await Synchrony Financial (NYSE:SYF) to report earnings on July, 20. They expect $0.80 earnings per share, up 31.15% or $0.19 from last year’s $0.61 per share. SYF’s profit will be $603.80M for 11.08 P/E if the $0.80 EPS becomes a reality. After $0.83 actual earnings per share reported by Synchrony Financial for the previous quarter, Wall Street now forecasts -3.61% negative EPS growth.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 108 analyst reports since July 28, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Buy” rating in Friday, July 28 report. The firm earned “Buy” rating on Friday, July 28 by Piper Jaffray. Piper Jaffray maintained it with “Buy” rating and $70.0 target in Monday, February 5 report. Wedbush maintained it with “Outperform” rating and $65 target in Monday, March 13 report. The firm has “Hold” rating given on Tuesday, October 3 by BMO Capital Markets. The rating was downgraded by Mizuho to “Neutral” on Thursday, February 1. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, October 19 report. As per Tuesday, July 28, the company rating was upgraded by S&P Research. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Neutral” rating given on Monday, November 21 by Buckingham Research. Goldman Sachs maintained it with “Buy” rating and $69 target in Friday, July 22 report.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Investorplace.com which released: “Starbucks Corporation: Schultz Calls Time, Should You?” on June 06, 2018, also Seekingalpha.com with their article: “Starbucks lifts coffee prices in the US” published on June 07, 2018, 247Wallst.com published: “Starbucks Reputation Hits 10-Year Low” on May 31, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “I Found An Emerging Blue-Chip Stock (But You Won’t Believe Where)” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Anti-bias training day at Starbucks” with publication date: May 29, 2018.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.12, from 1.05 in 2017Q4. It turned negative, as 61 investors sold SBUX shares while 485 reduced holdings. 118 funds opened positions while 391 raised stakes. 955.12 million shares or 2.87% less from 983.38 million shares in 2017Q4 were reported. Cap Investment Advsrs Limited Co reported 5,647 shares or 0.02% of all its holdings. Adirondack Trust reported 5,725 shares. Jones Lllp reported 0.01% in Starbucks Corporation (NASDAQ:SBUX). Comerica Secs, Michigan-based fund reported 28,212 shares. 113 were accumulated by Contravisory Inv Management. Putnam Fl Investment Management has 12,254 shares. Gofen And Glossberg Limited Com Il holds 1.07% in Starbucks Corporation (NASDAQ:SBUX) or 494,887 shares. Trust Of Toledo Na Oh reported 23,112 shares. Arcadia Invest Mngmt Mi invested in 3.07% or 188,352 shares. Douglass Winthrop Advsrs Ltd reported 559,223 shares. Los Angeles Capital Mgmt And Equity Research invested in 528,220 shares. Moreover, Princeton Portfolio Strategies Group Incorporated Ltd Com has 0.33% invested in Starbucks Corporation (NASDAQ:SBUX). Moreover, Cidel Asset Inc has 0.01% invested in Starbucks Corporation (NASDAQ:SBUX) for 3,759 shares. Massachusetts-based Congress Asset Com Ma has invested 0.04% in Starbucks Corporation (NASDAQ:SBUX). Ancora Advisors Ltd Liability has 16,075 shares.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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Published at Fri, 08 Jun 2018 20:37:30 +0000