Maple Capital Management INC Holding in Starbucks Corporation (SBUX) Has Raised by $5.71 Million

March 18, 2018 - By Maria Brooks

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. It dropped, 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. Jfs Wealth Advisors Ltd Liability Com owns 0.08% invested in Starbucks Corporation (NASDAQ:SBUX) for 5,850 shares. 123,179 were accumulated by First Interstate Bancorp. Reynders Mcveigh Capital Mgmt Ltd Liability owns 94,561 shares or 0.66% of their US portfolio. 212,855 are held by North American Mngmt. Suncoast Equity Management accumulated 2.91% or 186,348 shares. Whetstone Advsrs Ltd Com holds 4,300 shares. Markston Limited Liability Co reported 0.03% in Starbucks Corporation (NASDAQ:SBUX). Schwab Charles Management holds 0.23% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 4.98 million shares. Klingenstein Fields Limited Co holds 0.03% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 14,730 shares. Principal Finance Gru holds 4.51M shares or 0.24% of its portfolio. Sequoia Advsrs Limited Liability Co has 13,529 shares. Glg Prtnrs Limited Partnership invested in 26,417 shares or 0.08% of the stock. Gruss And Incorporated holds 0.61% in Starbucks Corporation (NASDAQ:SBUX) or 10,000 shares. Boys Arnold &, North Carolina-based fund reported 4,201 shares. Gsa Capital Ptnrs Limited Liability Partnership invested in 0.03% or 9,418 shares.

Since January 31, 2018, it had 0 buys, and 3 selling transactions for $13.62 million activity. WEATHERUP CRAIG sold $3.60 million worth of stock. $9.28M worth of stock was sold by BURROWS CLIFFORD on Wednesday, January 31.

Maple Capital Management Inc increased its stake in Starbucks Corporation (SBUX) by 894.48% based on its latest 2017Q3 regulatory filing with the SEC. Maple Capital Management Inc bought 107,695 shares as the company’s stock rose 6.99% with the market. The institutional investor held 119,735 shares of the restaurants company at the end of 2017Q3, valued at $6.43 million, up from 12,040 at the end of the previous reported quarter. Maple Capital Management Inc who had been investing in Starbucks Corporation for a number of months, seems to be bullish on the $82.93B market cap company. The stock decreased 0.62% or $0.37 during the last trading session, reaching $59. About 13.03M shares traded or 22.51% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since March 18, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Starbucks Corporation (NASDAQ:SBUX) Ratings Coverage

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 103 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by UBS with “Buy” on Friday, October 30. The firm has “Buy” rating given on Friday, July 28 by Jefferies. The stock has “Mixed” rating by OTR Global on Wednesday, July 13. The firm has “Buy” rating by UBS given on Wednesday, November 15. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, July 24 with “Outperform” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Piper Jaffray on Friday, January 26. The firm has “Buy” rating given on Thursday, January 25 by Robert W. Baird. The company was maintained on Wednesday, September 28 by CLSA. On Tuesday, October 3 the stock rating was maintained by Jefferies with “Buy”. The firm earned “Buy” rating on Friday, July 24 by UBS.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.