Alexandria Capital Has Lowered Starbucks (SBUX) Holding by $678,192; As Johnson & Johnson (JNJ) Market Value Rose, Plancorp Has Lowered Stake by $602,701

September 14, 2018 - By Eric Painter

Starbucks Corporation (NASDAQ:SBUX) Logo

Plancorp Llc decreased its stake in Johnson & Johnson (JNJ) by 24.07% based on its latest 2018Q2 regulatory filing with the SEC. Plancorp Llc sold 4,981 shares as the company’s stock rose 13.64% with the market. The institutional investor held 15,717 shares of the major pharmaceuticals company at the end of 2018Q2, valued at $1.91 million, down from 20,698 at the end of the previous reported quarter. Plancorp Llc who had been investing in Johnson & Johnson for a number of months, seems to be less bullish one the $373.74 billion market cap company. The stock decreased 0.41% or $0.58 during the last trading session, reaching $139.31. About 2.08M shares traded. Johnson & Johnson (NYSE:JNJ) has risen 5.07% since September 14, 2017 and is uptrending. It has underperformed by 10.55% the S&P500. Some Historical JNJ News: 29/05/2018 – Novo Nordisk’s oral diabetes drug beats Jardiance in study; 16/03/2018 – J&J GETS OFFER FROM PLATINUM EQUITY FOR LIFESCAN OF ABOUT $2.1B; 21/05/2018 – Ahold Delhaize USA Announces Peapod Digital Labs and Names JJ Fleeman Pres and Chief eCommerce Officer; 17/04/2018 – JNJ 1Q EARNINGS CALLS ENDS; 07/03/2018 – CANADIAN NATIONAL RAILWAY CO – INTERIM PRESIDENT, CEO JJ RUEST SAID COMPANY WILL QUICKLY IMPROVE MOVEMENT OF WESTERN CANADIAN GRAIN; 03/05/2018 – Johnson & Johnson to Participate in the 2018 UBS Global Health Care Conference; 15/05/2018 – #2 PM bureau: Pfizer finally finishes a 3-year regulatory odyssey, bagging an FDA OK for 1st Epogen knockoff $PFE $AMGN $JNJ; 18/04/2018 – KENTUCKY SUES JOHNSON & JOHNSON, ACCUSES COMPANY OF DEVISING DECEPTIVE OPIOID MARKETING SCHEME; 11/03/2018 – INVOKANA® (canagliflozin) Significantly Reduces the Risk of Heart Failure-Related Outcomes in Type 2 Diabetes Patients at Risk; 28/05/2018 – Johnson & Johnson Gets Different Verdicts in Baby Powder Cases

Alexandria Capital Llc decreased its stake in Starbucks Corp (SBUX) by 23.63% based on its latest 2018Q2 regulatory filing with the SEC. Alexandria Capital Llc sold 14,129 shares as the company’s stock declined 2.21% while stock markets rallied. The institutional investor held 45,656 shares of the restaurants company at the end of 2018Q2, valued at $2.23 million, down from 59,785 at the end of the previous reported quarter. Alexandria Capital Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $73.92 billion market cap company. The stock decreased 0.18% or $0.1 during the last trading session, reaching $54.79. About 2.80 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 2.67% since September 14, 2017 and is uptrending. It has underperformed by 12.95% the S&P500. Some Historical SBUX News: 07/05/2018 – Nestle to pay Starbucks $7.15 bln in global coffee alliance; 08/03/2018 – STARBUCKS: AFTERNOON PROMOTIONS NOT WORKING WELL IN U.S; 02/05/2018 – DealReportr[Reg]: Starbucks may need caffeine boost from activist; 07/05/2018 – Nestlé to pay $7bn for Starbucks’ products; 07/03/2018 – Starbucks Announces Partnership with Malala Fund in a Global Commitment to Advance Education and Economic Opportunities for; 26/04/2018 – Starbucks 2Q Rev $6.03B; 26/04/2018 – SBUX SAYS OPENING PRINCI STORES ACROSS THE GLOBE; 26/04/2018 – Starbucks Revenue Tops Estimates, Maintains Outlook; 22/03/2018 – Food Logistics: Starbucks Explores Use of Blockchain; 26/04/2018 – STARBUCKS EARNINGS CALL ENDS

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Breakout Alert: Buy Johnson & Johnson” on August 20, 2018, also Seekingalpha.com with their article: “J&J working on India hip compensation” published on September 07, 2018, Seekingalpha.com published: “Johnson & Johnson (JNJ) Management Presents at Barclays Global Consumer Staples Conference Call (Transcript)” on September 06, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Seekingalpha.com and their article: “Johnson & Johnson: Where Is The Path To Gains?” published on September 11, 2018 as well as Seekingalpha.com‘s news article titled: “Trump Insurance For Johnson & Johnson” with publication date: August 17, 2018.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on October, 16. They expect $2.03 earnings per share, up 6.84% or $0.13 from last year’s $1.9 per share. JNJ’s profit will be $5.45B for 17.16 P/E if the $2.03 EPS becomes a reality. After $2.10 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts -3.33% negative EPS growth.

Among 24 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 4 Sell and 9 Hold. Therefore 46% are positive. Johnson & Johnson had 104 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $145 target in Wednesday, October 18 report. Jefferies maintained the stock with “Hold” rating in Thursday, August 4 report. As per Wednesday, October 18, the company rating was maintained by Wells Fargo. BMO Capital Markets maintained it with “Buy” rating and $145.0 target in Thursday, August 31 report. The stock of Johnson & Johnson (NYSE:JNJ) earned “Hold” rating by Jefferies on Tuesday, March 15. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, April 10. As per Tuesday, August 25, the company rating was maintained by Cowen & Co. BMO Capital Markets maintained it with “Buy” rating and $13200 target in Friday, June 2 report. The firm has “Hold” rating given on Monday, September 25 by Citigroup. The company was maintained on Wednesday, October 18 by RBC Capital Markets.

Plancorp Llc, which manages about $2.43 billion and $250.32 million US Long portfolio, upped its stake in Cisco Sys Inc (NASDAQ:CSCO) by 15,772 shares to 24,867 shares, valued at $1.07 million in 2018Q2, according to the filing.

Investors sentiment increased to 0.97 in 2018 Q2. Its up 0.04, from 0.93 in 2018Q1. It is positive, as 36 investors sold JNJ shares while 806 reduced holdings. 114 funds opened positions while 704 raised stakes. 1.84 billion shares or 8.07% more from 1.71 billion shares in 2018Q1 were reported. Arizona State Retirement Systems holds 0.82% in Johnson & Johnson (NYSE:JNJ) or 675,801 shares. 70,955 are owned by Usca Ria Ltd Llc. Lvw Advisors Lc invested in 1.12% or 29,038 shares. Cap Ok owns 0.55% invested in Johnson & Johnson (NYSE:JNJ) for 75,650 shares. Heritage Wealth Advsrs holds 1.06% or 23,386 shares. Cornerstone Incorporated reported 122,700 shares stake. Arrow Financial Corp accumulated 59,677 shares or 1.63% of the stock. Numerixs Techs invested in 0.37% or 13,222 shares. Banque Pictet And Cie invested 2.87% of its portfolio in Johnson & Johnson (NYSE:JNJ). Wolverine Asset Mgmt Limited Liability Co owns 0.07% invested in Johnson & Johnson (NYSE:JNJ) for 42,674 shares. Stillwater Invest Ltd Limited Liability Company holds 1.67% or 31,916 shares. Acr Alpine Research Llc holds 5.5% or 843,429 shares in its portfolio. Lombard Odier Asset Mngmt (Switzerland) Sa invested 0.1% in Johnson & Johnson (NYSE:JNJ). Bancorporation Of America Corp De reported 0.57% of its portfolio in Johnson & Johnson (NYSE:JNJ). Tiaa Cref Inv Management Ltd Company accumulated 0.8% or 9.82M shares.

Since August 27, 2018, it had 0 insider purchases, and 2 selling transactions for $4.99 million activity. Another trade for 7,899 shares valued at $1.08 million was made by Kapusta Ronald A on Friday, September 7.

Alexandria Capital Llc, which manages about $427.81 million and $666.53M US Long portfolio, upped its stake in Gci Liberty Inc by 31,339 shares to 75,096 shares, valued at $3.39M in 2018Q2, according to the filing. It also increased its holding in Merck & Co Inc (NYSE:MRK) by 74,061 shares in the quarter, for a total of 84,171 shares, and has risen its stake in Paychex Inc Com (NASDAQ:PAYX).

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks makes big green push” on September 13, 2018, also Benzinga.com with their article: “Piper Jaffray Downgrades Starbucks On Comp Performance” published on August 22, 2018, Seekingalpha.com published: “Starbucks Growth Platform: The Importance Of China” on August 17, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “Is Starbucks Stock Ready to Brew Fresh Profits for Investors?” published on September 12, 2018 as well as Nasdaq.com‘s news article titled: “10 Stocks That Every 20-Year-Old Should Buy” with publication date: September 13, 2018.

Since August 3, 2018, it had 1 insider purchase, and 3 insider sales for $10.11 million activity. The insider ULLMAN MYRON E III sold 15,000 shares worth $781,952. BREWER ROSALIND G had bought 5,000 shares worth $270,200.

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 22.45 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.

Investors sentiment decreased to 0.76 in 2018 Q2. Its down 0.17, from 0.93 in 2018Q1. It is negative, as 116 investors sold SBUX shares while 487 reduced holdings. 105 funds opened positions while 356 raised stakes. 929.26 million shares or 2.71% less from 955.12 million shares in 2018Q1 were reported. Pub Employees Retirement Association Of Colorado reported 0.08% in Starbucks Corporation (NASDAQ:SBUX). Mechanics Financial Bank Trust Department reported 8,710 shares. Welch Forbes, Massachusetts-based fund reported 133,942 shares. Aimz Inv Advisors Ltd Liability Corp holds 0.18% or 5,335 shares in its portfolio. Cordasco Fincl Networks invested in 575 shares or 0.03% of the stock. Wetherby Asset Mngmt invested in 33,305 shares. Blume Capital Management has 0.19% invested in Starbucks Corporation (NASDAQ:SBUX). The Illinois-based Pekin Singer Strauss Asset Mgmt Il has invested 0.19% in Starbucks Corporation (NASDAQ:SBUX). Bancorp Of Nova Scotia holds 458,770 shares or 0.12% of its portfolio. Cibc Asset Mgmt invested 0.06% in Starbucks Corporation (NASDAQ:SBUX). Godsey & Gibb Associates holds 243,616 shares or 2.06% of its portfolio. Massachusetts Financial Serv Ma holds 14.43M shares or 0.3% of its portfolio. Fruth invested 2.03% in Starbucks Corporation (NASDAQ:SBUX). Confluence Wealth Management Ltd Liability Corp stated it has 22,481 shares or 0.58% of all its holdings. Moreover, Acg Wealth has 0.26% invested in Starbucks Corporation (NASDAQ:SBUX).

Johnson & Johnson (NYSE:JNJ) Institutional Positions Chart

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