Engineers Gate Manager LP Stake in Amkor Technology (AMKR) Has Upped by $453,490; Starbucks (SBUX) Shareholder Force Capital Management Cut Its Position

May 6, 2018 - By Michael Collier

Amkor Technology, Inc. (NASDAQ:AMKR) Logo

Engineers Gate Manager Lp increased its stake in Amkor Technology Inc (AMKR) by 86.89% based on its latest 2017Q4 regulatory filing with the SEC. Engineers Gate Manager Lp bought 45,349 shares as the company’s stock declined 1.84% with the market. The institutional investor held 97,538 shares of the technology company at the end of 2017Q4, valued at $980,000, up from 52,189 at the end of the previous reported quarter. Engineers Gate Manager Lp who had been investing in Amkor Technology Inc for a number of months, seems to be bullish on the $2.06B market cap company. The stock increased 2.02% or $0.17 during the last trading session, reaching $8.59. About 1.11M shares traded or 0.51% up from the average. Amkor Technology, Inc. (NASDAQ:AMKR) has declined 9.23% since May 6, 2017 and is downtrending. It has underperformed by 20.78% the S&P500.

Robert Jaffe decreased its stake in Starbucks Corp (SBUX) by 81.94% based on its latest 2017Q4 regulatory filing with the SEC. Force Capital Management Llc sold 40,375 shares as the company’s stock rose 0.28% while stock markets declined. The hedge fund run by Robert Jaffe held 8,901 shares of the restaurants company at the end of 2017Q4, valued at $511,000, down from 49,276 at the end of the previous reported quarter. Force Capital Management Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $79.60B market cap company. The stock increased 2.76% or $1.55 during the last trading session, reaching $57.68. About 8.47 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since May 6, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Since March 9, 2018, it had 0 insider buys, and 1 sale for $681,400 activity.

Engineers Gate Manager Lp, which manages about $645.79M and $1.46B US Long portfolio, decreased its stake in Allscripts Healthcare Solutn (NASDAQ:MDRX) by 96,713 shares to 135,299 shares, valued at $1.97 million in 2017Q4, according to the filing. It also reduced its holding in Royal Caribbean Cruises Ltd (NYSE:RCL) by 46,568 shares in the quarter, leaving it with 4,190 shares, and cut its stake in Applied Matls Inc (NASDAQ:AMAT).

Investors sentiment increased to 1.55 in Q4 2017. Its up 0.55, from 1 in 2017Q3. It increased, as 14 investors sold AMKR shares while 46 reduced holdings. 36 funds opened positions while 57 raised stakes. 93.08 million shares or 2.79% more from 90.55 million shares in 2017Q3 were reported. Cornerstone Capital Llc owns 0.03% invested in Amkor Technology, Inc. (NASDAQ:AMKR) for 399,067 shares. Manufacturers Life Ins The reported 82,045 shares or 0% of all its holdings. Matarin Capital Ltd Liability reported 1.34 million shares. Ellington Mngmt Gp Llc stated it has 17,800 shares or 0.03% of all its holdings. Dimensional Fund Advsr LP reported 0.06% stake. Commercial Bank Of Mellon invested in 1.14 million shares. Susquehanna Limited Liability Partnership owns 22,981 shares or 0% of their US portfolio. James Investment Research owns 163,905 shares or 0.06% of their US portfolio. Amalgamated Bancshares holds 0% or 13,675 shares. Strs Ohio reported 87,700 shares. Ubs Asset Mgmt Americas invested in 0% or 97,790 shares. Goldman Sachs reported 955,090 shares. State Street Corporation reported 2.31M shares or 0% of all its holdings. Employees Retirement Of Ohio stated it has 0.01% of its portfolio in Amkor Technology, Inc. (NASDAQ:AMKR). Horizon Kinetics Lc stated it has 39,340 shares.

Among 3 analysts covering Amkor (NASDAQ:AMKR), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Amkor had 9 analyst reports since July 28, 2015 according to SRatingsIntel. Topeka Capital Markets maintained the shares of AMKR in report on Tuesday, July 28 with “Buy” rating. Zacks upgraded the shares of AMKR in report on Tuesday, August 25 to “Sell” rating. Citigroup downgraded Amkor Technology, Inc. (NASDAQ:AMKR) on Tuesday, September 15 to “Neutral” rating. The firm has “Buy” rating by Topeka Capital Markets given on Thursday, April 28. The stock has “Sell” rating by Zacks on Tuesday, September 1. Citigroup downgraded the stock to “Sell” rating in Wednesday, May 25 report. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) has “Outperform” rating given on Friday, August 21 by Credit Suisse. The stock of Amkor Technology, Inc. (NASDAQ:AMKR) has “Outperform” rating given on Monday, August 24 by Credit Suisse. Citigroup maintained the shares of AMKR in report on Monday, April 30 with “Sell” rating.

Since January 31, 2018, it had 0 buys, and 3 insider sales for $13.62 million activity. Shares for $740,851 were sold by ULLMAN MYRON E III. The insider WEATHERUP CRAIG sold $3.60M.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 106 analyst reports since July 28, 2015 according to SRatingsIntel. Tigress Financial initiated the stock with “Buy” rating in Wednesday, December 27 report. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given on Monday, September 4 by Stifel Nicolaus. As per Friday, January 26, the company rating was maintained by Cowen & Co. The firm has “Buy” rating by Piper Jaffray given on Friday, January 26. UBS maintained it with “Buy” rating and $63 target in Friday, July 24 report. On Friday, July 28 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Morgan Stanley with “Overweight” on Friday, November 10. The rating was maintained by RBC Capital Markets on Friday, September 15 with “Buy”. On Thursday, September 28 the stock rating was maintained by Mizuho with “Buy”. William Blair maintained the shares of SBUX in report on Friday, January 26 with “Outperform” rating.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Nasdaq.com which released: “McDonald’s Stays on Top With Industry-Leading Sales Growth” on May 02, 2018, also Seekingalpha.com with their article: “Starbucks apologizes over store arrests” published on April 16, 2018, Seekingalpha.com published: “Dreamy talk on Starbucks options” on May 01, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Livetradingnews.com and their article: “Starbucks (NASDAQ:SBUX) Guidance is Clear: No Loitering!” published on April 22, 2018 as well as Seekingalpha.com‘s news article titled: “Starbucks dips after Cowen warns” with publication date: April 13, 2018.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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