Centre Asset Management Has Trimmed Starbucks (SBUX) Position By $1.53 Million; Parametric Portfolio Associates Has Decreased Its Discover Communications Sh C (DISCK) Position

February 6, 2018 - By John Hoffman

Parametric Portfolio Associates Llc decreased Discover Communications Inc Sh C (DISCK) stake by 4.82% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc sold 18,033 shares as Discover Communications Inc Sh C (DISCK)’s stock declined 10.36%. The Parametric Portfolio Associates Llc holds 355,909 shares with $7.21M value, down from 373,942 last quarter. Discover Communications Inc Sh C now has $13.65 billion valuation. The stock decreased 4.78% or $1.09 during the last trading session, reaching $21.71. About 3.70 million shares traded. Discovery Communications, Inc. (NASDAQ:DISCK) has risen 0.32% since February 6, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Centre Asset Management Llc decreased Starbucks Corp (SBUX) stake by 25.57% reported in 2017Q3 SEC filing. Centre Asset Management Llc sold 28,940 shares as Starbucks Corp (SBUX)’s stock rose 6.99%. The Centre Asset Management Llc holds 84,230 shares with $4.52M value, down from 113,170 last quarter. Starbucks Corp now has $76.86 billion valuation. The stock decreased 1.94% or $1.08 during the last trading session, reaching $54.69. About 16.06 million shares traded or 59.01% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 6, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation has $75.0 highest and $52 lowest target. $65.30’s average target is 19.40% above currents $54.69 stock price. Starbucks Corporation had 99 analyst reports since July 28, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of SBUX in report on Friday, July 28 with “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Friday, November 10. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Outperform” rating given on Friday, July 24 by RBC Capital Markets. Robert W. Baird maintained Starbucks Corporation (NASDAQ:SBUX) rating on Monday, June 5. Robert W. Baird has “Buy” rating and $7400 target. Jefferies maintained Starbucks Corporation (NASDAQ:SBUX) on Wednesday, July 19 with “Buy” rating. The firm earned “Buy” rating on Friday, January 26 by Cowen & Co. UBS maintained the stock with “Buy” rating in Friday, July 24 report. The firm has “Buy” rating given on Friday, September 15 by RBC Capital Markets. Zacks upgraded Starbucks Corporation (NASDAQ:SBUX) rating on Monday, August 24. Zacks has “Hold” rating and $59 target. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, October 30 report.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2. It is negative, 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. Barbara Oil invested 0.56% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). California State Teachers Retirement Systems invested in 0.28% or 2.39M shares. Loomis Sayles And Lp has invested 0% in Starbucks Corporation (NASDAQ:SBUX). 6,008 are held by Tnb. 4,845 were accumulated by Bkd Wealth Advsr Limited Liability Corp. South Texas Money Management Ltd reported 0.06% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Riverpark Advsr Lc has 0.32% invested in Starbucks Corporation (NASDAQ:SBUX) for 45,673 shares. Forbes J M Comm Llp reported 1.4% in Starbucks Corporation (NASDAQ:SBUX). Alpha Windward accumulated 0.1% or 2,951 shares. Florida-based Suncoast Equity Mgmt has invested 2.91% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Burns J W New York has 1.43% invested in Starbucks Corporation (NASDAQ:SBUX). Granite Inv Ptnrs Ltd Liability Company owns 0.42% invested in Starbucks Corporation (NASDAQ:SBUX) for 125,043 shares. Davenport has invested 0.07% in Starbucks Corporation (NASDAQ:SBUX). 78,090 are owned by Fagan Associates Incorporated. Stillwater Cap Advsrs Limited Liability Corporation invested 2.47% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).

Since September 7, 2017, it had 0 insider buys, and 3 sales for $13.98 million activity. Another trade for 162,826 shares valued at $9.28M was made by BURROWS CLIFFORD on Wednesday, January 31. On Thursday, September 7 the insider ULLMAN MYRON E III sold $1.23M. $3.47M worth of Starbucks Corporation (NASDAQ:SBUX) was sold by CULVER JOHN on Friday, September 8.