Schmidt P J Investment Management Has Lowered Its Holding in Starbucks (SBUX) by $1.85 Million as Stock Value Declined; Exxon Mobil (XOM) Holder Ws Management Lllp Trimmed Its Position by $450,180 as Shares Rose

September 14, 2018 - By Jimmy Cauthen

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Ws Management Lllp decreased its stake in Exxon Mobil Corp (XOM) by 6.08% based on its latest 2018Q2 regulatory filing with the SEC. Ws Management Lllp sold 5,490 shares as the company’s stock rose 1.99% with the market. The hedge fund held 84,835 shares of the integrated oil company at the end of 2018Q2, valued at $7.02 million, down from 90,325 at the end of the previous reported quarter. Ws Management Lllp who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $348.74 billion market cap company. The stock increased 0.06% or $0.05 during the last trading session, reaching $82.37. About 1.25M shares traded. Exxon Mobil Corporation (NYSE:XOM) has risen 4.57% since September 14, 2017 and is uptrending. It has underperformed by 11.05% the S&P500. Some Historical XOM News: 07/03/2018 – RPT-FOCUS-Exxon CEO struggles to reverse Tillerson’s legacy of failed bets; 07/03/2018 – EXXON MOBIL CORP XOM.N SAYS CONTINUES TO SUPPORT TAX ON CARBON; 30/05/2018 – EXXON MOBIL CORP XOM.N SHAREHOLDERS REJECT PROPOSAL ON LOBBYING PAYMENTS AND DISCLOSURE; 31/05/2018 – Correct: Shell: Ursa Hub Co-Owned by BP (23%), Exxon Mobil (16%), ConocoPhillips (16%); 04/05/2018 – EXXON BATON ROUGE LOUISIANA REFINERY CRUDE UNIT MAY BE SHUT 1-2 WKS FOR REPAIRS AFTER FIRE; 30/05/2018 – Exxon Says World Needs More Oil Even as Emission Concern Lingers; 07/03/2018 – Exxon Mobil To Boost Tight-Oil Production Five-Fold From U.S. Permian Basin; 07/03/2018 – Exxon Mobil to Add 13 New Chemical Facilities; 15/05/2018 – Russia’s Rosneft looks to Vietnam experience to help global expansion; 25/04/2018 – HESS CORP HES.N CEO SAYS FIRST PRODUCTION IN GUYANA LIZA 2 PROJECT EXPECTED BY 2022

Schmidt P J Investment Management Inc decreased its stake in Starbucks Corp (SBUX) by 65.51% based on its latest 2018Q2 regulatory filing with the SEC. Schmidt P J Investment Management Inc sold 38,541 shares as the company’s stock declined 2.21% while stock markets rallied. The institutional investor held 20,294 shares of the restaurants company at the end of 2018Q2, valued at $991,000, down from 58,835 at the end of the previous reported quarter. Schmidt P J Investment Management Inc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $73.97 billion market cap company. The stock decreased 0.11% or $0.06 during the last trading session, reaching $54.83. About 1.18M 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: 21/03/2018 – Starbucks Announces New Standard for Global Pay Equity; 15/04/2018 – Starbucks chief executive apologizes for arrests of two black men; 15/05/2018 – The Manifest Finds Starbucks Is User Favorite in Survey of Restaurant Loyalty Apps; 26/04/2018 – Investors want to know if the arrest of two customers at a Philadelphia Starbucks has hurt the brand’s sales; 30/05/2018 – Starbucks struggles to make amends in Philadelphia; 03/05/2018 – ♫ Reuters Insider – New Zealand has enough of being left off the map; 02/05/2018 – The two men at the center of Philadelphia’s Starbucks scandal are paying it forward; 29/05/2018 – ♫ Reuters Insider – Starbucks closing stores for anti-bias training; 03/05/2018 – Starbucks COO says Philadelphia arrests not hurting hiring efforts; 23/03/2018 – Starbucks has closed its US pay gap – here are 4 other companies that have done the same

Investors sentiment decreased to 0.76 in Q2 2018. Its down 0.17, from 0.93 in 2018Q1. It worsened, 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. Ci Invs Inc invested in 15,500 shares. Minnesota-based Walleye Trading Ltd Liability Corporation has invested 0.02% in Starbucks Corporation (NASDAQ:SBUX). Voya Inv Management Lc invested in 0.08% or 767,876 shares. The Illinois-based Gofen And Glossberg Limited Liability Corp Il has invested 0.87% in Starbucks Corporation (NASDAQ:SBUX). Hanson Mcclain owns 3,490 shares. San Francisco Sentry Inv Gp (Ca) reported 0.12% stake. Missouri-based Enterprise Service Corp has invested 0.03% in Starbucks Corporation (NASDAQ:SBUX). Impax Asset Mngmt Ltd Liability Corporation reported 16,844 shares. Parsec has invested 0.43% in Starbucks Corporation (NASDAQ:SBUX). Cetera Advsr Limited Com accumulated 23,923 shares. Private Wealth Partners Limited Liability Corp owns 0.22% invested in Starbucks Corporation (NASDAQ:SBUX) for 26,300 shares. Hudock Capital Group Inc Lc invested 0.01% in Starbucks Corporation (NASDAQ:SBUX). Laurel Grove Capital owns 38,030 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.29% or 65,142 shares in its portfolio. Sather Financial Grp stated it has 403,708 shares.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on November, 1. They expect $0.61 earnings per share, up 10.91% or $0.06 from last year’s $0.55 per share. SBUX’s profit will be $822.95M for 22.47 P/E if the $0.61 EPS becomes a reality. After $0.62 actual earnings per share 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: Benzinga.com which released: “Piper Jaffray Downgrades Starbucks On Comp Performance” on August 22, 2018, also Seekingalpha.com with their article: “Starbucks’ Downgrade From Piper Jaffray Makes Sense” published on August 24, 2018, Nasdaq.com published: “Is Starbucks Stock Ready to Brew Fresh Profits for Investors?” on September 12, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “10 Stocks That Every 20-Year-Old Should Buy” published on September 13, 2018 as well as Bizjournals.com‘s news article titled: “Starbucks’ standalone Princi bakery opening in Chicago” with publication date: September 14, 2018.

Since August 3, 2018, it had 1 insider purchase, and 3 sales for $10.11 million activity. TERUEL JAVIER G sold $8.78 million worth of Starbucks Corporation (NASDAQ:SBUX) on Friday, August 24. BREWER ROSALIND G bought $270,200 worth of stock.

Among 40 analysts covering Starbucks Corporation (NASDAQ:SBUX), 21 have Buy rating, 0 Sell and 19 Hold. Therefore 53% are positive. Starbucks Corporation had 125 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by Robert W. Baird. The rating was downgraded by Mizuho on Thursday, February 1 to “Neutral”. As per Friday, January 19, the company rating was maintained by Cowen & Co. As per Friday, January 26, the company rating was maintained by RBC Capital Markets. BMO Capital Markets maintained it with “Hold” rating and $58.0 target in Thursday, January 25 report. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Outperform” rating by BMO Capital Markets on Friday, October 30. On Friday, July 28 the stock rating was maintained by BMO Capital Markets with “Outperform”. The company was maintained on Friday, January 26 by Piper Jaffray. The rating was maintained by Oppenheimer on Friday, July 28 with “Buy”. The rating was maintained by Piper Jaffray on Friday, July 28 with “Buy”.

Schmidt P J Investment Management Inc, which manages about $434.11M and $342.69 million US Long portfolio, upped its stake in American Tower Corp (NYSE:AMT) by 2,361 shares to 14,434 shares, valued at $2.08 million in 2018Q2, according to the filing.

Investors sentiment increased to 0.93 in 2018 Q2. Its up 0.12, from 0.81 in 2018Q1. It improved, as 42 investors sold XOM shares while 768 reduced holdings. 118 funds opened positions while 634 raised stakes. 2.16 billion shares or 0.62% more from 2.15 billion shares in 2018Q1 were reported. Elm Advisors Limited Liability Corporation holds 0.17% or 2,630 shares in its portfolio. Ferguson Wellman Capital Management Inc owns 0.46% invested in Exxon Mobil Corporation (NYSE:XOM) for 159,979 shares. Dorsey & Whitney Tru Communications, a South Dakota-based fund reported 87,108 shares. Pitcairn owns 25,419 shares. 15,793 were reported by Rfg Advisory Group Ltd Liability Company. Bristol John W Co invested 0% in Exxon Mobil Corporation (NYSE:XOM). Meridian Invest Counsel stated it has 0.72% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). 66,583 were reported by Arrow Fincl. Advsr Asset Management holds 0.59% or 411,885 shares in its portfolio. Harvest Mgmt invested in 0.16% or 3,000 shares. The Texas-based Callahan Advisors Limited Liability Co has invested 2.24% in Exxon Mobil Corporation (NYSE:XOM). Tiaa Cref Inv Mgmt Ltd Com accumulated 14.14 million shares. Oarsman Capital Inc owns 0.5% invested in Exxon Mobil Corporation (NYSE:XOM) for 13,314 shares. Provident Mgmt invested 0.28% in Exxon Mobil Corporation (NYSE:XOM). Cypress Capital Mngmt Limited Liability Co (Wy) reported 7,125 shares or 0.62% of all its holdings.

Ws Management Lllp, which manages about $3.54 billion US Long portfolio, upped its stake in Albemarle Corp (NYSE:ALB) by 116,000 shares to 146,000 shares, valued at $13.77 million in 2018Q2, according to the filing. It also increased its holding in Houghton Mifflin Harcourt Co (NASDAQ:HMHC) by 2.24M shares in the quarter, for a total of 7.09M shares, and has risen its stake in Regenxbio Inc.

Among 28 analysts covering Exxon Mobil (NYSE:XOM), 11 have Buy rating, 5 Sell and 12 Hold. Therefore 39% are positive. Exxon Mobil had 100 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, October 18, the company rating was maintained by BMO Capital Markets. Barclays Capital maintained the shares of XOM in report on Tuesday, October 10 with “Overweight” rating. The stock has “Buy” rating by Vetr on Thursday, August 20. Barclays Capital maintained the shares of XOM in report on Wednesday, July 11 with “Underweight” rating. The firm earned “Hold” rating on Thursday, July 27 by Jefferies. The firm earned “Neutral” rating on Thursday, March 2 by Credit Suisse. Wells Fargo maintained Exxon Mobil Corporation (NYSE:XOM) on Thursday, March 8 with “Market Perform” rating. Barclays Capital upgraded Exxon Mobil Corporation (NYSE:XOM) on Monday, October 12 to “Equal-Weight” rating. The firm earned “Hold” rating on Tuesday, March 29 by Deutsche Bank. On Wednesday, January 10 the stock rating was maintained by BMO Capital Markets with “Hold”.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: 247Wallst.com which released: “4 Dividend Energy Stocks to Own as $80 Oil Could Happen This Fall” on September 14, 2018, also Seekingalpha.com with their article: “Exxon Mobil Is At A Turning Point” published on August 24, 2018, 247Wallst.com published: “Major Oil Stocks Send Short Sellers Running for Cover” on September 13, 2018. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Seekingalpha.com and their article: “Can Exxon Mobil Retest Prior Highs?” published on September 07, 2018 as well as Seekingalpha.com‘s news article titled: “Exxon signs deal to build petrochemical plant, LNG terminal in China” with publication date: September 06, 2018.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on October, 26. They expect $1.30 EPS, up 39.78% or $0.37 from last year’s $0.93 per share. XOM’s profit will be $5.50B for 15.84 P/E if the $1.30 EPS becomes a reality. After $0.92 actual EPS reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 41.30% EPS growth.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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