Montrusco Bolton Investments Has Lowered Canadian Pac Ry LTD (CP) Position by $20.84 Million as Stock Price Rose; Northeast Investment Management Has Boosted Its Holding in Starbucks (SBUX) by $305,598

February 15, 2018 - By Hazel Jackson

Montrusco Bolton Investments Inc decreased its stake in Canadian Pac Ry Ltd (CP) by 59.42% based on its latest 2017Q3 regulatory filing with the SEC. Montrusco Bolton Investments Inc sold 124,818 shares as the company’s stock rose 4.01% with the market. The institutional investor held 85,236 shares of the railroads company at the end of 2017Q3, valued at $14.28M, down from 210,054 at the end of the previous reported quarter. Montrusco Bolton Investments Inc who had been investing in Canadian Pac Ry Ltd for a number of months, seems to be less bullish one the $26.30B market cap company. The stock increased 1.07% or $1.95 during the last trading session, reaching $184.29. About 509,849 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 21.39% since February 15, 2017 and is uptrending. It has outperformed by 4.69% the S&P500.

Northeast Investment Management increased its stake in Starbucks Corp (SBUX) by 3.11% based on its latest 2017Q3 regulatory filing with the SEC. Northeast Investment Management bought 5,766 shares as the company’s stock rose 6.99% with the market. The institutional investor held 190,898 shares of the restaurants company at the end of 2017Q3, valued at $10.25 million, up from 185,132 at the end of the previous reported quarter. Northeast Investment Management who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $79.53B market cap company. The stock increased 1.05% or $0.59 during the last trading session, reaching $56.58. About 8.96M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 15, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Montrusco Bolton Investments Inc, which manages about $6.00 billion and $1.89B US Long portfolio, upped its stake in Fortis Inc (FRTSF) by 705,657 shares to 1.65M shares, valued at $59.25 million in 2017Q3, according to the filing. It also increased its holding in Skyworks Solutions Inc (NASDAQ:SWKS) by 38,232 shares in the quarter, for a total of 132,478 shares, and has risen its stake in S&P Global Inc.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Canadian Pacific had 69 analyst reports since September 30, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Wednesday, September 13 by National Bank Canada. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 5. The firm earned “Hold” rating on Thursday, March 24 by Topeka Capital Markets. The firm has “Buy” rating by Cowen & Co given on Friday, September 29. The stock of Canadian Pacific Railway Limited (NYSE:CP) earned “Outperform” rating by Cowen & Co on Thursday, January 19. The stock has “Buy” rating by Stifel Nicolaus on Monday, August 14. As per Thursday, May 19, the company rating was initiated by CLSA. Credit Suisse maintained Canadian Pacific Railway Limited (NYSE:CP) rating on Friday, February 19. Credit Suisse has “Outperform” rating and $152 target. Morgan Stanley reinitiated the stock with “Overweight” rating in Friday, June 3 report. Barclays Capital maintained the stock with “Overweight” rating in Monday, April 11 report.

Northeast Investment Management, which manages about $1.26B and $1.13 billion US Long portfolio, decreased its stake in Exxonmobil Corp (NYSE:XOM) by 9,197 shares to 234,476 shares, valued at $19.22M in 2017Q3, according to the filing. It also reduced its holding in General Electric Corp (NYSE:GE) by 105,499 shares in the quarter, leaving it with 712,614 shares, and cut its stake in Alphabet Inc Cl C.

Since September 7, 2017, it had 0 insider buys, and 3 sales for $13.98 million activity. 22,966 shares valued at $1.23M were sold by ULLMAN MYRON E III on Thursday, September 7. $9.28M worth of Starbucks Corporation (NASDAQ:SBUX) was sold by BURROWS CLIFFORD.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 100 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Mizuho on Thursday, September 28. The company was initiated on Monday, November 21 by Buckingham Research. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, June 13 report. The stock has “Buy” rating by Nomura on Friday, November 3. The rating was maintained by Jefferies with “Buy” on Tuesday, October 3. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Robert W. Baird on Tuesday, January 2. The firm earned “Hold” rating on Friday, January 26 by Credit Suisse. The stock has “Outperform” rating by Wedbush on Wednesday, September 28. The firm has “Buy” rating given on Thursday, September 3 by Vetr. The firm earned “Outperform” rating on Friday, August 25 by Wedbush.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. It is negative, 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. First Foundation owns 0.07% invested in Starbucks Corporation (NASDAQ:SBUX) for 24,394 shares. Thompson Davis And Inc has invested 0.04% in Starbucks Corporation (NASDAQ:SBUX). Keybank Association Oh invested in 1.07M shares or 0.34% of the stock. Advsr Asset Mngmt has 0.22% invested in Starbucks Corporation (NASDAQ:SBUX) for 248,482 shares. National Planning owns 67,050 shares. Mckinley Carter Wealth Services, West Virginia-based fund reported 43,502 shares. Morgan Stanley stated it has 33.96 million shares or 0.55% of all its holdings. Janney Montgomery Scott Limited Com has 232,916 shares. Pub Employees Retirement Association Of Colorado has invested 0.1% in Starbucks Corporation (NASDAQ:SBUX). Cypress Asset Mgmt Inc Tx invested in 0.09% or 7,585 shares. 11,470 are owned by Pioneer Trust National Bank N A Or. Alphaone Investment Serv reported 1,909 shares. 27,989 are owned by Van Hulzen Asset Mgmt Limited Co. Carderock has invested 1.4% in Starbucks Corporation (NASDAQ:SBUX). 557,751 were accumulated by Martingale Asset Mngmt Lp.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>