Great West Life Assurance Company Decreased First Ctzns Bancshares N (FCNCA) Stake By $19.47 Million; Pitcairn Company Has Trimmed Starbucks (SBUX) Stake By $1.68 Million

August 10, 2018 - By Jacqueline McKee

Starbucks Corporation (NASDAQ:SBUX) Logo

Pitcairn Company decreased Starbucks Corp (SBUX) stake by 54.84% reported in 2018Q1 SEC filing. Pitcairn Company sold 29,484 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Pitcairn Company holds 24,281 shares with $1.41 million value, down from 53,765 last quarter. Starbucks Corp now has $69.49B valuation. The stock decreased 0.79% or $0.41 during the last trading session, reaching $51.51. About 8.49M shares traded. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since August 10, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: 14/03/2018 – Yonhap News Agency: Starbucks posts record operating profit in Korea in 2017; 05/04/2018 – America’s Leading Employers and Foundations to Host Atlanta’s Largest Job Fair for Youth on May 3; 16/04/2018 – Starbucks, Chipotle and others are offering up a new employee perk: Paying for their education; 05/04/2018 – STARBUCKS CORP SBUX.O : UBS REMOVES FROM MOST PREFERRED LIST; 07/05/2018 – NESTLE WILL PAY STARBUCKS $7.15B IN CLOSING CONSIDERATION; 26/04/2018 – Starbucks COO Rosalind Gates Brewer to Deliver Commencement Address to the Spelman College Class of 2018; 17/04/2018 – Statement from Starbucks and Attorney Stewart Cohen from Cohen, Placitella & Roth; 17/04/2018 – WFMY News 2: BREAKING | Starbucks to close all stores on May 29 for racial bias education; 17/04/2018 – Starbucks to Close All Stores Nationwide for Racial-Bias Education on May 29; 25/04/2018 – Starbucks Faces Slowing U.S. Sales, Philadelphia Fallout — Earnings Preview

Great West Life Assurance Company decreased First Ctzns Bancshares Inc N (NASDAQ:FCNCA) stake by 24.51% reported in 2018Q2 SEC filing. Great West Life Assurance Company sold 48,321 shares as First Ctzns Bancshares Inc N (NASDAQ:FCNCA)’s stock rose 3.07%. The Great West Life Assurance Company holds 148,803 shares with $59.98M value, down from 197,124 last quarter. First Ctzns Bancshares Inc N now has $5.26B valuation. The stock increased 0.42% or $1.86 during the last trading session, reaching $441.61. About 38,355 shares traded. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has risen 31.85% since August 11, 2017 and is uptrending. It has outperformed by 19.28% the S&P500. Some Historical FCNCA News: 02/05/2018 – Fourth Annual First Citizens Bank Small Business Forecast Shows U.S. Small Business Owners Positive About 2018, Less Certain Ab; 27/03/2018 – HomeBancorp, Inc. Shareholders Approve Proposed Merger With First Citizens Bank; 10/04/2018 – First Citizens Issues Clarification on Milwaukee Area Guaranty Bank Branches; 27/03/2018 – HOMEBANCORP HOLDERS APPROVE MERGER WITH FIRST CITIZENS BANK; 16/05/2018 – KS BANCORP BUYS BACK ALL KS SHRS OWNED BY FIRST CITIZENS; 27/03/2018 – HOMEBANCORP, HOLDERS APPROVE MERGER WITH FIRST CITIZENS BANK; 19/04/2018 – Unity FI Solutions Gets Smart With First Citizens Bank; 27/03/2018 HomeBancorp, Inc. Shareholders Approve Proposed Merger With First Citizens Bank FCNCA; 19/04/2018 – Unity Fl Solutions Gets Smart With First Citizens Bank; 10/04/2018 – WI LayoffNotices: Notice First Citizens Bank 2018040901

Since March 12, 2018, it had 0 insider buys, and 3 insider sales for $5.12 million activity. WEATHERUP CRAIG sold $3.60 million worth of stock. $781,952 worth of Starbucks Corporation (NASDAQ:SBUX) shares were sold by ULLMAN MYRON E III.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It fall, 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. Voya Inv Ltd Liability Corp has invested 0.09% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Old National Bancorporation In stated it has 194,655 shares. Palladium Ltd Liability Corporation accumulated 0.88% or 205,860 shares. Gulf State Bank (Uk) Limited invested in 454,619 shares. Ithaka Group Inc Ltd Limited Liability Company accumulated 5,130 shares. Mackenzie Corporation has invested 0.44% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 473,639 were accumulated by Saratoga Inv Mgmt. Private Asset Mgmt, California-based fund reported 137,808 shares. Pictet Bank & Trust And owns 0.2% invested in Starbucks Corporation (NASDAQ:SBUX) for 9,642 shares. Kelly Lawrence W And Associate Ca has invested 0% in Starbucks Corporation (NASDAQ:SBUX). Stevens First Principles Invest invested in 0.06% or 1,700 shares. Northwestern Mutual Wealth Company holds 0.08% or 226,218 shares in its portfolio. Burt Wealth Advsr reported 714 shares stake. Sustainable Growth Advisers Lp holds 2.95 million shares or 2.03% of its portfolio. The Pennsylvania-based Brick & Kyle has invested 0.18% in Starbucks Corporation (NASDAQ:SBUX).

Pitcairn Company increased Brown (NYSE:BF.B) stake by 901,332 shares to 1.64M valued at $89.37 million in 2018Q1. It also upped Bwx Technologies Inc stake by 5,514 shares and now owns 29,712 shares. Charter Communications Inc N was raised too.

Among 18 analysts covering Starbucks Corp (NASDAQ:SBUX), 6 have Buy rating, 0 Sell and 12 Hold. Therefore 33% are positive. Starbucks Corp had 24 analyst reports since March 9, 2018 according to SRatingsIntel. Wedbush maintained the stock with “Neutral” rating in Friday, July 27 report. Wedbush maintained it with “Neutral” rating and $57 target in Wednesday, June 20 report. The firm has “Market Perform” rating given on Tuesday, July 24 by BMO Capital Markets. The company was downgraded on Wednesday, June 20 by BTIG Research. On Tuesday, June 26 the stock rating was maintained by Jefferies with “Buy”. On Thursday, March 29 the stock rating was downgraded by Wedbush to “Neutral”. The stock has “Hold” rating by DZ Bank on Friday, July 6. UBS maintained Starbucks Corporation (NASDAQ:SBUX) rating on Monday, May 21. UBS has “Buy” rating and $6600 target. The firm has “Hold” rating given on Tuesday, June 26 by Bernstein. On Wednesday, June 20 the stock rating was downgraded by Morgan Stanley to “Hold”.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on November, 1. They expect $0.61 EPS, up 10.91% or $0.06 from last year’s $0.55 per share. SBUX’s profit will be $822.95 million for 21.11 P/E if the $0.61 EPS becomes a reality. After $0.62 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts -1.61% negative EPS growth.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Retirement Strategies: A Look At Starbucks” on August 10, 2018, also Seekingalpha.com with their article: “Starbucks: Don’t Be Fooled” published on July 31, 2018, Fool.com published: “Starbucks Talks Up Its Rebound Strategy” on August 08, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “Starbucks (SBUX) Q3 Earnings: China-Asia-Pacific Holds Key” published on July 25, 2018 as well as 247Wallst.com‘s news article titled: “Starbucks Won’t Be Accepting Bitcoin After All” with publication date: August 06, 2018.

Since May 8, 2018, it had 11 buys, and 0 insider sales for $904,764 activity. On Tuesday, May 8 Hoppe Robert R bought $4,814 worth of First Citizens BancShares, Inc. (NASDAQ:FCNCA) or 11 shares. 100 First Citizens BancShares, Inc. (NASDAQ:FCNCA) shares with value of $38,500 were bought by Bristow Claire H. $38,500 worth of First Citizens BancShares, Inc. (NASDAQ:FCNCA) shares were bought by BRISTOW PETER M. 50 shares were bought by DURHAM HAROLD LEE JR, worth $20,350. Holding Olivia Britton had bought 200 shares worth $78,000 on Wednesday, May 23. Shares for $76,050 were bought by HOLDING FRANK B JR on Wednesday, May 30. $78,000 worth of First Citizens BancShares, Inc. (NASDAQ:FCNCA) was bought by HOLDING FRANK B.

Investors sentiment is 0.94 in Q1 2018. Its the same as in 2017Q4. It has no change, as 6 investors sold FCNCA shares while 56 reduced holdings. only 27 funds opened positions while 31 raised stakes. 5.35 million shares or 0.74% less from 5.39 million shares in 2017Q4 were reported. Ameritas Invest Prns owns 635 shares. Triangle Securities Wealth Mgmt has 0.16% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 690 shares. Royal Natl Bank Of Canada invested in 579 shares. California-based First Republic Invest Mngmt Incorporated has invested 0% in First Citizens BancShares, Inc. (NASDAQ:FCNCA). Parametric Port Assoc Limited Co invested in 0% or 11,852 shares. Moreover, Loomis Sayles And Com L P has 0% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 22 shares. Fisher Asset Management Lc, a Washington-based fund reported 1,208 shares. Metropolitan Life Ins Com holds 0% of its portfolio in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 2,343 shares. Moreover, Tci Wealth has 0% invested in First Citizens BancShares, Inc. (NASDAQ:FCNCA) for 5 shares. Zeke Cap Ltd Liability accumulated 524 shares. Invesco Limited invested 0% in First Citizens BancShares, Inc. (NASDAQ:FCNCA). 2,593 are held by Franklin Street Advsr Incorporated Nc. Vanguard Grp Inc reported 591,191 shares. Us Comml Bank De reported 19 shares stake. Basswood Management Ltd Liability Com reported 0.27% of its portfolio in First Citizens BancShares, Inc. (NASDAQ:FCNCA).

First Citizens BancShares, Inc. (NASDAQ:FCNCA) Institutional Positions Chart

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.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts