Empirical Financial Services Boosted Its Starbucks (SBUX) Holding; Liquidity Services (LQDT) Sellers Decreased By 19.85% Their Shorts

February 17, 2018 - By Michael Collier

Empirical Financial Services Llc increased Starbucks Corp (SBUX) stake by 56.12% reported in 2017Q3 SEC filing. Empirical Financial Services Llc acquired 9,481 shares as Starbucks Corp (SBUX)’s stock rose 6.99%. The Empirical Financial Services Llc holds 26,375 shares with $1.42M value, up from 16,894 last quarter. Starbucks Corp now has $79.39B valuation. The stock decreased 0.18% or $0.1 during the last trading session, reaching $56.48. About 10.15 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 17, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Liquidity Services Incorporated (NASDAQ:LQDT) had a decrease of 19.85% in short interest. LQDT’s SI was 572,300 shares in February as released by FINRA. Its down 19.85% from 714,000 shares previously. With 72,300 avg volume, 8 days are for Liquidity Services Incorporated (NASDAQ:LQDT)’s short sellers to cover LQDT’s short positions. The SI to Liquidity Services Incorporated’s float is 2.26%. The stock decreased 0.68% or $0.05 during the last trading session, reaching $7.35. About 144,857 shares traded. Liquidity Services, Inc. (NASDAQ:LQDT) has risen 10.20% since February 17, 2017 and is uptrending. It has underperformed by 6.50% the S&P500.

Since September 7, 2017, it had 0 insider buys, and 3 selling transactions for $13.98 million activity. 22,966 shares valued at $1.23M were sold by ULLMAN MYRON E III on Thursday, September 7. On Wednesday, January 31 the insider BURROWS CLIFFORD sold $9.28M. CULVER JOHN sold $3.47M worth of stock.

Investors sentiment decreased to 0.97 in Q3 2017. 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. First Allied Advisory Service Inc has 82,627 shares. Boston Private Wealth Limited Liability Corp owns 424,314 shares. Viking Fund Mngmt Llc invested 0.17% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). High Pointe Capital Management Ltd Liability Com has 12,220 shares. 15.75M are owned by Ameriprise Fin. Tci Wealth Advsrs holds 0.23% or 8,636 shares. Global X Mngmt Limited Company invested 0.03% in Starbucks Corporation (NASDAQ:SBUX). Cornerstone Advsrs accumulated 0.15% or 4,072 shares. Patten Gru Inc invested in 117,792 shares. Optimum Invest owns 22,278 shares. Cypress Asset Tx holds 7,585 shares. Vaughan David Invs Il accumulated 295,402 shares. The California-based Bennicas And Assocs has invested 1.2% in Starbucks Corporation (NASDAQ:SBUX). Proshare Limited Liability holds 0.3% or 602,657 shares in its portfolio. Shine Inv Advisory, Colorado-based fund reported 1,517 shares.

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) has “Hold” rating given on Thursday, January 25 by BMO Capital Markets. UBS maintained the stock with “Buy” rating in Wednesday, June 28 report. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, October 30 with “Outperform” rating. The rating was maintained by UBS on Wednesday, November 15 with “Buy”. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, January 26. RBC Capital Markets has “Buy” rating and $65.0 target. The rating was maintained by Oppenheimer on Friday, July 28 with “Buy”. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Piper Jaffray on Friday, January 26. The company was maintained on Friday, November 3 by Nomura. On Friday, February 10 the stock rating was downgraded by Argus Research to “Hold”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given on Monday, September 4 by Stifel Nicolaus.

Investors sentiment increased to 1.37 in Q3 2017. Its up 0.13, from 1.24 in 2017Q2. It is positive, as 14 investors sold Liquidity Services, Inc. shares while 24 reduced holdings. 14 funds opened positions while 38 raised stakes. 20.93 million shares or 0.13% more from 20.91 million shares in 2017Q2 were reported. Bancorp Of Ny Mellon Corp has 0% invested in Liquidity Services, Inc. (NASDAQ:LQDT). State Bank Of America De reported 31,460 shares. Eagle Boston Investment Management holds 0.16% or 260,703 shares in its portfolio. 20,553 were reported by Brown Advisory. Roumell Asset Mngmt Ltd Liability Corp has invested 12.16% in Liquidity Services, Inc. (NASDAQ:LQDT). 59,125 were reported by Morgan Stanley. California Pub Employees Retirement Systems holds 0% of its portfolio in Liquidity Services, Inc. (NASDAQ:LQDT) for 187,900 shares. Loomis Sayles Communications L P owns 356 shares. Dimensional Fund Advsrs Lp holds 1.04M shares. Louisiana State Employees Retirement has 0% invested in Liquidity Services, Inc. (NASDAQ:LQDT). Schwab Charles Inv Mgmt has invested 0% in Liquidity Services, Inc. (NASDAQ:LQDT). Invesco Limited owns 280,235 shares for 0% of their portfolio. New York State Common Retirement Fund has invested 0% of its portfolio in Liquidity Services, Inc. (NASDAQ:LQDT). Sector Pension Inv Board reported 15,564 shares stake. Matarin Cap Mngmt Limited Company accumulated 217,411 shares or 0.11% of the stock.

Since October 2, 2017, it had 0 buys, and 2 selling transactions for $144,838 activity. 9,702 Liquidity Services, Inc. (NASDAQ:LQDT) shares with value of $56,272 were sold by Gravley Roger. Rallo James M had sold 15,270 shares worth $88,566.

Among 5 analysts covering Liquidity Services (NASDAQ:LQDT), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Liquidity Services had 11 analyst reports since November 20, 2015 according to SRatingsIntel. The stock has “Hold” rating by Benchmark on Friday, May 6. The stock of Liquidity Services, Inc. (NASDAQ:LQDT) earned “Hold” rating by Benchmark on Friday, November 20. Robert W. Baird maintained Liquidity Services, Inc. (NASDAQ:LQDT) rating on Sunday, October 15. Robert W. Baird has “Hold” rating and $7.0 target. Barrington upgraded the shares of LQDT in report on Thursday, February 1 to “Buy” rating. Robert W. Baird maintained Liquidity Services, Inc. (NASDAQ:LQDT) rating on Thursday, February 1. Robert W. Baird has “Hold” rating and $6.0 target. The firm has “Sector Perform” rating given on Friday, February 5 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, November 20.

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