Osher Van De Voorde Investment Management Stake in Starbucks (SBUX) Has Raised by $5.65 Million; Minerva Advisors Trimmed Its Chase (CCF) Stake as Stock Rose

February 22, 2018 - By mmahotstuff

Osher Van De Voorde Investment Management increased its stake in Starbucks Corp (SBUX) by 760.79% based on its latest 2017Q3 regulatory filing with the SEC. Osher Van De Voorde Investment Management bought 106,510 shares as the company’s stock rose 6.99% with the market. The institutional investor held 120,510 shares of the restaurants company at the end of 2017Q3, valued at $6.47M, up from 14,000 at the end of the previous reported quarter. Osher Van De Voorde Investment Management who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.57 billion market cap company. The stock decreased 0.36% or $0.2 during the last trading session, reaching $55.9. About 1.14M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 22, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Minerva Advisors Llc decreased its stake in Chase Corp (CCF) by 2.21% based on its latest 2017Q3 regulatory filing with the SEC. Minerva Advisors Llc sold 5,604 shares as the company’s stock rose 10.46% with the market. The hedge fund held 248,308 shares of the building products company at the end of 2017Q3, valued at $27.66M, down from 253,912 at the end of the previous reported quarter. Minerva Advisors Llc who had been investing in Chase Corp for a number of months, seems to be less bullish one the $993.73 million market cap company. The stock increased 1.00% or $1.05 during the last trading session, reaching $106. About 238 shares traded. Chase Corporation (NYSEMKT:CCF) has risen 81.05% since February 22, 2017 and is uptrending. It has outperformed by 64.35% the S&P500.

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. Wedbush maintained the shares of SBUX in report on Friday, July 22 with “Outperform” rating. The firm earned “Buy” rating on Friday, October 30 by UBS. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, August 9. As per Friday, July 28, the company rating was maintained by Oppenheimer. Cowen & Co maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, July 28 with “Buy” rating. BMO Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, October 30. BMO Capital Markets has “Outperform” rating and $66 target. Mizuho maintained Starbucks Corporation (NASDAQ:SBUX) rating on Thursday, September 28. Mizuho has “Buy” rating and $75.0 target. The firm has “Outperform” rating given on Friday, August 25 by Wedbush. UBS maintained the stock with “Buy” rating in Friday, November 3 report. The company was maintained on Friday, November 3 by Nomura.

Since September 7, 2017, it had 0 buys, and 3 insider sales for $13.98 million activity. BURROWS CLIFFORD had sold 162,826 shares worth $9.28M. ULLMAN MYRON E III had sold 22,966 shares worth $1.23 million.

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. Pathstone Family Office Limited Liability Corp owns 200 shares. Hl Fincl Services Ltd Limited Liability Company reported 82,311 shares stake. Moreover, Nomura Asset Management Limited has 0.14% invested in Starbucks Corporation (NASDAQ:SBUX) for 196,273 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mngmt holds 226,000 shares or 0.11% of its portfolio. Amer Gp reported 648,109 shares stake. Montag & Caldwell Lc holds 1.88 million shares. Pennsylvania Trust, a Pennsylvania-based fund reported 59,552 shares. Utd Capital Fincl Advisers Ltd Liability Corporation holds 0.45% or 980,090 shares in its portfolio. Security National Trust Communications holds 0.27% in Starbucks Corporation (NASDAQ:SBUX) or 15,200 shares. Cetera Advisors Lc invested 0.1% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 12,608 were reported by Mengis Cap. Ig Inv Management owns 1.40 million shares. Pettyjohn Wood And White has 38,894 shares for 0.77% of their portfolio. Bellecapital Intl Ltd has invested 4.95% in Starbucks Corporation (NASDAQ:SBUX). Union Comml Bank Corporation holds 35,770 shares.

Since August 24, 2017, it had 0 insider purchases, and 7 sales for $478,436 activity. Shares for $34,434 were sold by HUGHES GEORGE M on Tuesday, January 30. GACK LEWIS P sold $46,460 worth of stock. 2,000 shares valued at $232,612 were sold by Feroldi Kenneth James on Tuesday, January 16.

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