Starbucks Corporation (SBUX) : Rosenblum Silverman Sutton S F Inc Ca reduced its stake in Starbucks Corporation by 2.15% during the most recent quarter end. The investment management company now holds a total of 74,104 shares of Starbucks Corporation which is valued at $4,110,549 after selling 1,625 shares in Starbucks Corporation , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Starbucks Corporation makes up approximately 1.82% of Rosenblum Silverman Sutton S F Inc Ca’s portfolio.
Other Hedge Funds, Including , Atlantic Trust Group reduced its stake in SBUX by selling 7,296 shares or 4.46% in the most recent quarter. The Hedge Fund company now holds 156,223 shares of SBUX which is valued at $8,665,690. Starbucks Corporation makes up approx 0.06% of Atlantic Trust Group’s portfolio.Coldstream Capital Management Inc boosted its stake in SBUX in the latest quarter, The investment management firm added 2,719 additional shares and now holds a total of 177,338 shares of Starbucks Corporation which is valued at $9,836,939. Starbucks Corporation makes up approx 1.67% of Coldstream Capital Management Inc’s portfolio.Td Asset Management Inc reduced its stake in SBUX by selling 135,115 shares or 12.77% in the most recent quarter. The Hedge Fund company now holds 923,248 shares of SBUX which is valued at $51,609,563. Starbucks Corporation makes up approx 0.09% of Td Asset Management Inc’s portfolio.Lodestar Investment Counselil boosted its stake in SBUX in the latest quarter, The investment management firm added 501 additional shares and now holds a total of 18,925 shares of Starbucks Corporation which is valued at $1,077,211. Starbucks Corporation makes up approx 0.15% of Lodestar Investment Counselil’s portfolio.
Starbucks Corporation opened for trading at $56.17 and hit $56.54 on the upside on Tuesday, eventually ending the session at $56.4, with a gain of 0.98% or 0.55 points. The heightened volatility saw the trading volume jump to 78,27,823 shares. Company has a market cap of $82,716 M.
On the company’s financial health, Starbucks Corporation reported $0.39 EPS for the quarter, based on the information available during the earnings call on Apr 21, 2016. Analyst had a consensus estimate of $0.39. The company had revenue of $4993.00 million for the quarter, compared to analysts expectations of $5027.03 million. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.
Starbucks Corporation is the roaster marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells along with coffee tea and other beverages and a range of fresh food items through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels such as licensed stores grocery and national foodservice accounts. It operates through four segment: Americas which includes the United States Canada and Latin America; Europe Middle East and Africa (EMEA); China/Asia Pacific (CAP) and Channel Development. In addition to its Starbucks Coffee brand it also sells goods and services under the brands including Teavana Tazo Seattle’s Best Coffee Evolution Fresh La Boulange and Ethos. Its Americas EMEA and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts primarily in Canada and the United Kingdom.