SBUX Stock: As Starbucks Shares Rose, Shareholder Strategic Advisors Has Cut Stake

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Strategic Advisors Llc decreased its stake in Starbucks Corp (SBUX) by 46.45% based on its latest 2017Q3 regulatory filing with the SEC. Strategic Advisors Llc sold 8,479 shares as the company’s stock rose 6.99% with the market. The institutional investor held 9,776 shares of the restaurants company at the end of 2017Q3, valued at $525,000, down from 18,255 at the end of the previous reported quarter. Strategic Advisors Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $81.46B market cap company. The stock increased 0.20% or $0.115 during the last trading session, reaching $57.255. About 2.25 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since December 27, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Cardinal Capital Management Inc increased its stake in Suncor Energy Inc. (SU) by 1.44% based on its latest 2017Q3 regulatory filing with the SEC. Cardinal Capital Management Inc bought 21,962 shares as the company’s stock declined 0.40% while stock markets rallied. The institutional investor held 1.54 million shares of the integrated oil company at the end of 2017Q3, valued at $53.98M, up from 1.52 million at the end of the previous reported quarter. Cardinal Capital Management Inc who had been investing in Suncor Energy Inc. for a number of months, seems to be bullish on the $60.41B market cap company. The stock increased 1.94% or $0.69 during the last trading session, reaching $36.21. About 2.36 million shares traded. Suncor Energy Inc. (NYSE:SU) has risen 22.43% since December 27, 2016 and is uptrending. It has outperformed by 5.73% the S&P500.

Cardinal Capital Management Inc, which manages about $1.84 billion and $1.08 billion US Long portfolio, decreased its stake in Oracle Corp (NYSE:ORCL) by 10,803 shares to 226,920 shares, valued at $10.97 million in 2017Q3, according to the filing. It also reduced its holding in Us Bancorp (NYSE:USB) by 6,475 shares in the quarter, leaving it with 288,082 shares, and cut its stake in Nextera Energy Inc. (NYSE:NEE).

Among 15 analysts covering Suncor Energy Inc. (NYSE:SU), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. Suncor Energy Inc. had 25 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research upgraded Suncor Energy Inc. (NYSE:SU) on Thursday, October 27 to “Outperform” rating. The rating was upgraded by Morgan Stanley on Wednesday, November 2 to “Overweight”. The firm has “Buy” rating by Bank of America given on Friday, August 19. The stock of Suncor Energy Inc. (NYSE:SU) earned “Neutral” rating by Citigroup on Wednesday, April 20. TD Securities downgraded the shares of SU in report on Thursday, November 16 to “Hold” rating. The stock has “Outperform” rating by Wells Fargo on Friday, December 16. The firm earned “Buy” rating on Thursday, December 1 by Desjardins Securities. The rating was upgraded by Edward Jones to “Buy” on Tuesday, November 21. The stock of Suncor Energy Inc. (NYSE:SU) has “Neutral” rating given on Wednesday, September 16 by Citigroup. The firm earned “Overweight” rating on Friday, October 13 by Morgan Stanley.

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 $810.99M for 25.11 P/E if the $0.57 EPS becomes a reality. After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Since September 7, 2017, it had 0 buys, and 2 selling transactions for $4.70 million activity. CULVER JOHN also sold $3.47M worth of Starbucks Corporation (NASDAQ:SBUX) on Friday, September 8.

Strategic Advisors Llc, which manages about $230.51 million US Long portfolio, upped its stake in Wells Fargo L by 258 shares to 751 shares, valued at $987,000 in 2017Q3, according to the filing. It also increased its holding in Jetblue Airways Corp (NASDAQ:JBLU) by 25,500 shares in the quarter, for a total of 78,850 shares, and has risen its stake in Hsbc Holdings (NYSE:HSBC).

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2. It worsened, as 95 investors sold SBUX shares while 448 reduced holdings. 100 funds opened positions while 428 raised stakes. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. Commerzbank Aktiengesellschaft Fi invested in 704,018 shares or 0.5% of the stock. D E Shaw And reported 87,984 shares. Smith Moore, Missouri-based fund reported 7,364 shares. Intrust Savings Bank Na has 26,509 shares. Private Ocean Limited Liability stated it has 10 shares. Exxonmobil Management Tx reported 263,677 shares. Holderness Investments stated it has 6,456 shares or 0.18% of all its holdings. Cannell Peter B And invested 0.04% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Polen Cap Ltd Liability has invested 5.08% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Bradley Foster & Sargent Ct has 0.41% invested in Starbucks Corporation (NASDAQ:SBUX) for 198,689 shares. National Bank Of Montreal Can accumulated 2.46 million shares. 8.45M were reported by Goldman Sachs Grp Inc. Mar Vista Prtn Ltd Com has 1.34M shares. Riverpark Ltd Company invested in 45,673 shares. 14,188 were accumulated by Glovista Invs Ltd Co.

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