GreenSky, Inc. (GSKY) Reaches $23.32 After 5.00% Down Move; Lombard Odier Asset Management Europe LTD Has Decreased Its Starbucks (SBUX) Stake

June 19, 2018 - By Michael Collier

Starbucks Corporation (NASDAQ:SBUX) Logo

Lombard Odier Asset Management Europe Ltd decreased Starbucks Corp (SBUX) stake by 54.22% reported in 2018Q1 SEC filing. Lombard Odier Asset Management Europe Ltd sold 17,350 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Lombard Odier Asset Management Europe Ltd holds 14,650 shares with $848,000 value, down from 32,000 last quarter. Starbucks Corp now has $78.98 billion valuation. The stock increased 0.02% or $0.01 during the last trading session, reaching $57.23. About 4.19M shares traded. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 19, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: ; 29/05/2018 – Starbucks baristas find anti-bias training has a limited scope but is a good start; 16/04/2018 – Detailed Research: Economic Perspectives on United States Steel, Zoe’s Kitchen, First Horizon National, Starbucks, Nuance Commu; 26/04/2018 – STARBUCKS CORP – DURING QUARTER, COMPANY ALSO CLOSED 298 TEAVANA STORES; 19/05/2018 – Vox: Starbucks says everyone’s a customer after Philadelphia bias incident; 11/05/2018 – Starbucks is opening its bathrooms to everyone regardless of whether they’ve bought anything following the controversy around last month’s racially-charged arrests; 26/04/2018 – SBUX: New US @Starbucks stores less profitable than expected due to rising labor costs in urban markets, according to CFO Scott Maw #StarbucksEarnings – ! $SBUX; 26/04/2018 – Starbucks Sees FY18 Adj EPS $2.48-Adj EPS $2.53; 11/05/2018 – Starbucks changes bathroom policy following racial firestorm; 07/05/2018 – NESTLE/STARBUCKS PACT EXCLUDES READY-TO-DRINK COFFEE,TEA, JUICE; 19/04/2018 – ABC7 News: .@ABC News Exclusive: Men arrested at Philly #Starbucks say they did nothing wrong, feared for their live

The stock of GreenSky, Inc. (NASDAQ:GSKY) is a huge mover today! The stock decreased 4.54% or $1.11 during the last trading session, reaching $23.32. About 651,676 shares traded. GreenSky, Inc. (NASDAQ:GSKY) has 0.00% since June 19, 2017 and is . It has underperformed by 12.57% the S&P500. Some Historical GSKY News: ; 29/05/2018 GreenSky, Inc. Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase AdditiThe move comes after 8 months negative chart setup for the $4.48B company. It was reported on Jun, 19 by Barchart.com. We have $22.15 PT which if reached, will make NASDAQ:GSKY worth $223.75M less.

More notable recent GreenSky, Inc. (NASDAQ:GSKY) news were published by: Seekingalpha.com which released: “Analyst coverage on GreenSky begins” on June 18, 2018, also Seekingalpha.com with their article: “GreenSky Is An Investment In Fintech And Commerce” published on June 11, 2018, Nasdaq.com published: “Nasdaq Welcomes GreenSky, Inc. (NASDAQ: GSKY) to The Nasdaq Stock Market” on May 24, 2018. More interesting news about GreenSky, Inc. (NASDAQ:GSKY) were released by: Seekingalpha.com and their article: “GreenSky: Clear Skies Ahead” published on May 31, 2018 as well as Seekingalpha.com‘s news article titled: “GreenSky IPO prices at $23, top end of range” with publication date: May 24, 2018.

GreenSky, Inc., a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. The company has market cap of $4.48 billion. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions. It has a 3.14 P/E ratio.

Since January 31, 2018, it had 0 insider purchases, and 3 sales for $13.62 million activity. $3.60 million worth of Starbucks Corporation (NASDAQ:SBUX) was sold by WEATHERUP CRAIG. $9.28 million worth of Starbucks Corporation (NASDAQ:SBUX) shares were sold by BURROWS CLIFFORD. On Monday, March 12 ULLMAN MYRON E III sold $740,851 worth of Starbucks Corporation (NASDAQ:SBUX) or 12,500 shares.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 108 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Tuesday, June 13 with “Buy” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Bernstein on Wednesday, June 28. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given on Tuesday, October 3 by BMO Capital Markets. William Blair maintained the shares of SBUX in report on Friday, January 26 with “Outperform” rating. The rating was downgraded by BMO Capital Markets to “Market Perform” on Wednesday, August 9. RBC Capital Markets maintained it with “Buy” rating and $66.0 target in Thursday, December 21 report. UBS maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, July 24 with “Buy” rating. The firm has “Hold” rating given on Friday, February 10 by Argus Research. As per Monday, November 21, the company rating was initiated by Buckingham Research. The firm has “Hold” rating by Barclays Capital given on Friday, January 26.

Lombard Odier Asset Management Europe Ltd increased American Rlty Cap Pptys Inc (Prn) stake by 3.30M shares to 47.18M valued at $47.40M in 2018Q1. It also upped Visa Inc (Call) (NYSE:V) stake by 20,500 shares and now owns 68,300 shares. Berkshire Hathaway Inc Del (BRKB) was raised too.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Nasdaq.com which released: “Starbucks Without Howard Schultz Is Still a Buy” on June 19, 2018, also Seekingalpha.com with their article: “Starbucks launches new prepaid Visa product” published on June 11, 2018, Nasdaq.com published: “Canadian Consumers Boycotting American Goods Is a Big Nothing Burger” on June 15, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: “Starbucks lifts coffee prices in the US” published on June 07, 2018 as well as Usatoday.com‘s news article titled: “Starbucks tops Apple in mobile payments: A Foolish Take” with publication date: June 16, 2018.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on July, 26. They expect $0.65 earnings per share, up 18.18% or $0.10 from last year’s $0.55 per share. SBUX’s profit will be $897.00 million for 22.01 P/E if the $0.65 EPS becomes a reality. After $0.53 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 22.64% EPS growth.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It worsened, as 61 investors sold SBUX shares while 485 reduced holdings. 118 funds opened positions while 391 raised stakes. 955.12 million shares or 2.87% less from 983.38 million shares in 2017Q4 were reported. Polaris Greystone Gru reported 0.01% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). State Of New Jersey Common Pension Fund D accumulated 120,000 shares. Advantus Capital Management owns 0.21% invested in Starbucks Corporation (NASDAQ:SBUX) for 143,165 shares. Bahl Gaynor Inc owns 688,460 shares or 0.44% of their US portfolio. 13,233 are owned by Savant Capital Ltd Company. Virtu Fin Lc invested in 0.02% or 6,129 shares. Crawford Counsel Inc has 0.02% invested in Starbucks Corporation (NASDAQ:SBUX) for 10,826 shares. Leisure Cap Mngmt invested in 5,103 shares. Verity Verity Limited Co holds 0.53% in Starbucks Corporation (NASDAQ:SBUX) or 34,324 shares. North Star Asset Management has invested 0.02% in Starbucks Corporation (NASDAQ:SBUX). Teachers Retirement Of The State Of Kentucky invested in 0.26% or 365,876 shares. Boltwood Cap Mngmt reported 0.71% stake. Weatherly Asset LP stated it has 2.21% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Night Owl Cap Lc holds 90,123 shares. Private Ocean Ltd Liability reported 11,837 shares stake.

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