As Sabine Royalty Trust (SBR) Stock Price Declined, Wildcat Capital Management Lifted Stake by $2.35 Million; Washington Trust Bank Has Increased Stake in Starbucks (SBUX) by $320,055 as Market Valuation Rose

April 16, 2018 - By Winifred Garcia

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Washington Trust Bank increased its stake in Starbucks Corp (SBUX) by 4.55% based on its latest 2017Q4 regulatory filing with the SEC. Washington Trust Bank bought 5,615 shares as the company’s stock rose 0.28% while stock markets declined. The institutional investor held 129,121 shares of the restaurants company at the end of 2017Q4, valued at $7.42 million, up from 123,506 at the end of the previous reported quarter. Washington Trust Bank who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $83.27 billion market cap company. The stock decreased 0.32% or $0.19 during the last trading session, reaching $59.24. About 5.62 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 16, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Wildcat Capital Management Llc increased its stake in Sabine Royalty Trust (SBR) by 28.67% based on its latest 2017Q4 regulatory filing with the SEC. Wildcat Capital Management Llc bought 53,317 shares as the company’s stock declined 6.82% with the market. The institutional investor held 239,317 shares of the oil & gas production company at the end of 2017Q4, valued at $10.62 million, up from 186,000 at the end of the previous reported quarter. Wildcat Capital Management Llc who had been investing in Sabine Royalty Trust for a number of months, seems to be bullish on the $642.95 million market cap company. The stock increased 1.33% or $0.58 during the last trading session, reaching $44.1. About 19,897 shares traded or 4.34% up from the average. Sabine Royalty Trust (NYSE:SBR) has risen 24.19% since April 16, 2017 and is uptrending. It has outperformed by 12.64% the S&P500.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.08, from 0.97 in 2017Q3. It increased, as 63 investors sold SBUX shares while 449 reduced holdings. 114 funds opened positions while 423 raised stakes. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported. Shell Asset Mgmt accumulated 163,230 shares. Legal And General Grp Public Limited Company accumulated 7.18 million shares. Moreover, Ghp Inv Advsrs Inc has 0.06% invested in Starbucks Corporation (NASDAQ:SBUX). Blume Management invested in 0.21% or 7,070 shares. State Street owns 58.04M shares or 0.27% of their US portfolio. Ftb Incorporated holds 0.03% or 4,641 shares in its portfolio. Aldebaran Financial holds 36,663 shares. Royal Fincl Bank Of Canada owns 9.01M shares. Marshall Sullivan Inc Wa has invested 0.71% in Starbucks Corporation (NASDAQ:SBUX). Gateway Invest Advisers Ltd Liability Com holds 0.05% or 96,774 shares in its portfolio. 616,094 are owned by Teacher Retirement Of Texas. First Hawaiian State Bank owns 3,794 shares. Moreover, Intrust National Bank & Trust Na has 0.46% invested in Starbucks Corporation (NASDAQ:SBUX). Penobscot Inv Mgmt invested in 6,758 shares. Pictet North America Advsr Sa has 0.19% invested in Starbucks Corporation (NASDAQ:SBUX).

Washington Trust Bank, which manages about $683.83M US Long portfolio, decreased its stake in Kinder Morgan Inc/De (NYSE:KMI) by 33,999 shares to 161,990 shares, valued at $2.93M in 2017Q4, according to the filing. It also reduced its holding in Oracle Corp (NYSE:ORCL) by 126,490 shares in the quarter, leaving it with 37,550 shares, and cut its stake in Ishares (EPP).

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