Mufg Americas Holdings Increased Its Verizon Communications (VZ) Stake; Argent Trust Company Lifted Its Starbucks (SBUX) Holding

June 23, 2018 - By Hazel Jackson

Verizon Communications Inc. (NYSE:VZ) Logo

Mufg Americas Holdings Corp increased Verizon Communications Inc (VZ) stake by 4.39% reported in 2018Q1 SEC filing. Mufg Americas Holdings Corp acquired 26,254 shares as Verizon Communications Inc (VZ)’s stock declined 1.16%. The Mufg Americas Holdings Corp holds 624,671 shares with $29.87M value, up from 598,417 last quarter. Verizon Communications Inc now has $205.60B valuation. The stock increased 2.32% or $1.13 during the last trading session, reaching $49.76. About 40.98 million shares traded or 160.55% up from the average. Verizon Communications Inc. (NYSE:VZ) has risen 7.08% since June 23, 2017 and is uptrending. It has underperformed by 5.49% the S&P500. Some Historical VZ News: 14/05/2018 – WHIO-TV: Breaking: Verizon store in Kettering target of B&E. More to come; 05/03/2018 – VERIZON – ANNOUNCED COMMENCEMENT OF 13 SEPARATE OFFERS TO PURCHASE; 14/05/2018 – VERIZON CTO: CABLE COMPANIES ARE `FRENEMIES’ TO US; 24/04/2018 – VERIZON QTRLY WIRELESS RETAIL POSTPAID CHURN WAS 1.04 PERCENT, A YEAR-OVER-YEAR IMPROVEMENT; 22/03/2018 – Verizon to Pay Monthly Fee for Each Subscriber Utilizing Synchronoss Content Hub Software With Fixed Minimum Monthly Amount; 21/05/2018 – A security researcher said data from LocationSmart could have been used to track AT&T, Verizon, Sprint, and T-Mobile cwustomers within a few hundred yards of their location and without their consent; 12/03/2018 – Data breach victims can sue Yahoo in the United States -judge; 20/04/2018 – VZ: HAS BEEN WORKING W/DOJ FOR SEVERAL MOS. REGARDING INQUIRY; 22/03/2018 – SYNCHRONOSS TECHNOLOGIES INC – RENEWED EXISTING AGREEMENT WITH VERIZON TO POWER VERIZON’S CLOUD SOLUTION FOR WIRELESS CUSTOMERS FOR ADDITIONAL 5 YEARS; 07/03/2018 – Paysafe Gears Up for an Exciting 2018 Verizon lndyCar Series Season

Argent Trust Company increased Starbucks Corp (SBUX) stake by 63.23% reported in 2018Q1 SEC filing. Argent Trust Company acquired 7,095 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Argent Trust Company holds 18,316 shares with $1.06M value, up from 11,221 last quarter. Starbucks Corp now has $70.71 billion valuation. The stock increased 1.22% or $0.62 during the last trading session, reaching $51.24. About 21.99 million shares traded or 126.99% up from the average. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 23, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: 26/04/2018 – Starbucks Announces Additional 100M Shr Repurchase Authorization; 07/05/2018 – Nestle To Pay $7.15 Billion To Starbucks In Global Marketing Deal — MarketWatch; 26/04/2018 – Starbucks COO Rosalind Gates Brewer to Deliver Commencement Address to the Spelman College Class of 2018; 07/05/2018 – STARBUCKS WILL GET UP-FRONT $7.15B CASH FROM NESTLE PACT; 07/05/2018 – ♫ Reuters Insider – U.S. Morning Call: Nestle to pay $7.15 bln to Starbucks to jump-start coffee business; 17/04/2018 – NEWS10 ABC: #BREAKING: Starbucks to close all stores nationwide for racial-bias education on May 29; 04/05/2018 – DEAL PROBABLY ANNOUNCED ON MONDAY, ACCORDING TO SOURCE FAMILIAR WITH MATTER – BBG; 08/05/2018 – Google eases tech stress with app controls, table-booking assistant; 16/04/2018 – CMO Today: Martin Sorrell Resigns; Starbucks Apologizes For Customers’ Arrest; Comcast and Netflix Tie-Up; 30/05/2018 – Starbucks Faces Long Road in Racism Fight After Massive Training

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It dived, 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. Sei Investments stated it has 0.08% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Capital Inv Service Of America Incorporated has invested 2.18% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Guardian Life Insur Of America accumulated 3,274 shares or 0.04% of the stock. Johnson Financial Group has 5,300 shares. Timber Hill Limited Liability Corp, Connecticut-based fund reported 32,177 shares. 289,500 are held by Quantitative Mgmt Limited Co. Duff Phelps Investment Mgmt Com, Illinois-based fund reported 15,420 shares. Focused Wealth Management holds 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 1 shares. Highland Cap Mngmt Ltd Liability Corp holds 0.09% or 19,140 shares. Jaffetilchin Investment Prtn Ltd Liability Com invested 0.05% in Starbucks Corporation (NASDAQ:SBUX). Cypress Capital Limited Com (Wy) holds 0.06% in Starbucks Corporation (NASDAQ:SBUX) or 900 shares. Polaris Greystone Fincl Grp Incorporated Ltd invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Beacon Financial Gp owns 5,810 shares or 0.06% of their US portfolio. South Texas Money Mngmt Ltd owns 24,928 shares. Westpac accumulated 0% or 143,722 shares.

Since January 31, 2018, it had 0 insider buys, and 3 selling transactions for $13.62 million activity. $9.28 million worth of stock was sold by BURROWS CLIFFORD on Wednesday, January 31. 12,500 shares valued at $740,851 were sold by ULLMAN MYRON E III on Monday, March 12. 59,838 shares were sold by WEATHERUP CRAIG, worth $3.60 million on Tuesday, March 13.

Among 38 analysts covering Starbucks Corporation (NASDAQ:SBUX), 21 have Buy rating, 0 Sell and 17 Hold. Therefore 55% are positive. Starbucks Corporation had 117 analyst reports since July 28, 2015 according to SRatingsIntel. Nomura maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, January 26. Nomura has “Buy” rating and $68.0 target. The firm has “Buy” rating by UBS given on Friday, March 9. The firm earned “Buy” rating on Thursday, December 21 by RBC Capital Markets. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Robert W. Baird on Thursday, January 25. The company was maintained on Wednesday, September 28 by Wedbush. Morgan Stanley maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, November 10 with “Overweight” rating. The firm earned “Buy” rating on Wednesday, September 21 by Longbow. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by RBC Capital Markets on Tuesday, June 13. The firm earned “Buy” rating on Friday, January 26 by Piper Jaffray. On Friday, November 3 the stock rating was maintained by Robert W. Baird with “Outperform”.

Argent Trust Company decreased Vanguard (VWO) stake by 8,815 shares to 28,714 valued at $1.35M in 2018Q1. It also reduced Ishares (IVV) stake by 1,643 shares and now owns 14,609 shares. Vanguard (VO) was reduced too.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks: 2.7% Yield And 20% Dividend Growth” on June 21, 2018, also Thestreet.com with their article: “3 Ways to Fix Starbucks Biggest Challenges” published on June 20, 2018, Seekingalpha.com published: “Starbucks: $25 Billion To Nowhere” on June 21, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “Starbucks Stores Closing: SBUX to Shutter 150 Locations in 2019” published on June 20, 2018 as well as Benzinga.com‘s news article titled: “Should Investors Buy The Dip In Starbucks? These Street Analysts Are Saying No” with publication date: June 20, 2018.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.05, from 1.02 in 2017Q4. It worsened, as 69 investors sold VZ shares while 675 reduced holdings. 132 funds opened positions while 593 raised stakes. 2.55 billion shares or 0.58% more from 2.54 billion shares in 2017Q4 were reported. Beacon Gp holds 1.09% in Verizon Communications Inc. (NYSE:VZ) or 133,804 shares. Cadence Bancorp Na holds 0.84% or 44,311 shares. Eaton Vance accumulated 6.10M shares or 0.72% of the stock. Cullen Frost Bankers Inc holds 0.71% in Verizon Communications Inc. (NYSE:VZ) or 507,677 shares. Moreover, Hanson & Doremus Invest Management has 1.55% invested in Verizon Communications Inc. (NYSE:VZ) for 104,570 shares. Burns J W & New York, New York-based fund reported 84,960 shares. Halbert Hargrove Russell Limited Company owns 0.08% invested in Verizon Communications Inc. (NYSE:VZ) for 6,533 shares. Roberts Glore And Communications Il has invested 0.41% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Etrade Capital Ltd Co holds 209,904 shares. Lipe & Dalton reported 1.5% in Verizon Communications Inc. (NYSE:VZ). 42,435 are held by Cohen Mgmt. Port Solutions Llc holds 0.01% or 2,230 shares. Garrison Financial has invested 0.26% in Verizon Communications Inc. (NYSE:VZ). Union Bancorporation Corporation reported 2.02% in Verizon Communications Inc. (NYSE:VZ). Vantage Inv Ptnrs Limited Liability Corporation has invested 0.93% in Verizon Communications Inc. (NYSE:VZ).

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Seekingalpha.com which released: “Deutsche Bank sees multiple upsides for Verizon” on June 19, 2018, also Fool.com with their article: “Better Buy: Verizon Communications Inc. vs. Frontier Communications” published on June 22, 2018, Globenewswire.com published: “Verizon announces CEO succession plan” on June 08, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Seekingalpha.com and their article: “Verizon ending location-sharing after leaks” published on June 19, 2018 as well as 247Wallst.com‘s news article titled: “6 Most Important Things in Business Today” with publication date: June 20, 2018.

Mufg Americas Holdings Corp decreased Tiffany & Co New (NYSE:TIF) stake by 3,120 shares to 1,723 valued at $168,000 in 2018Q1. It also reduced Cvs Health Corp (NYSE:CVS) stake by 10,703 shares and now owns 41,386 shares. Duke Energy Corp New (NYSE:DUK) was reduced too.

Among 33 analysts covering Verizon Communications Inc. (NYSE:VZ), 17 have Buy rating, 0 Sell and 16 Hold. Therefore 52% are positive. Verizon Communications Inc. had 87 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Tuesday, June 19. The company was downgraded on Monday, September 7 by Zacks. The stock has “Buy” rating by Moffett Nathanson on Tuesday, February 21. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, October 11. The stock of Verizon Communications Inc. (NYSE:VZ) has “Buy” rating given on Tuesday, August 11 by Vetr. The firm has “Buy” rating given on Wednesday, March 28 by HSBC. The rating was maintained by RBC Capital Markets on Monday, January 25 with “Outperform”. The stock has “Neutral” rating by Hilliard Lyons on Wednesday, July 27. On Tuesday, January 23 the stock rating was maintained by SunTrust with “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by RBC Capital Markets on Friday, July 7.

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