Macguire Cheswick & Tuttle Investment Counsel Has Trimmed Its Starbucks (SBUX) Stake by $1.84 Million as Valuation Rose; Herbalife LTD (HLF) Holder Aristeia Capital Has Increased Its Holding

January 20, 2018 - By Vivian Park

Macguire Cheswick & Tuttle Investment Counsel Llc decreased its stake in Starbucks Corp (SBUX) by 14.24% based on its latest 2017Q3 regulatory filing with the SEC. Macguire Cheswick & Tuttle Investment Counsel Llc sold 34,760 shares as the company’s stock rose 6.99% with the market. The institutional investor held 209,271 shares of the restaurants company at the end of 2017Q3, valued at $11.24M, down from 244,031 at the end of the previous reported quarter. Macguire Cheswick & Tuttle Investment Counsel Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $87.16 billion market cap company. The stock increased 0.28% or $0.17 during the last trading session, reaching $61.26. About 8.36M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since January 20, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Robert Henry Lynch increased its stake in Herbalife Ltd (HLF) by 399.73% based on its latest 2017Q3 regulatory filing with the SEC. Aristeia Capital Llc bought 209,082 shares as the company’s stock rose 17.28% with the market. The hedge fund run by Robert Henry Lynch held 261,388 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $17.73M, up from 52,306 at the end of the previous reported quarter. Aristeia Capital Llc who had been investing in Herbalife Ltd for a number of months, seems to be bullish on the $6.03 billion market cap company. The stock increased 1.88% or $1.35 during the last trading session, reaching $72.97. About 946,233 shares traded or 12.20% up from the average. Herbalife Ltd. (NYSE:HLF) has risen 20.65% since January 20, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Among 7 analysts covering Herbalife (NYSE:HLF), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Herbalife had 21 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Pivotal Research on Friday, May 5 with “Buy”. The stock of Herbalife Ltd. (NYSE:HLF) has “Buy” rating given on Wednesday, July 19 by Pivotal Research. Pivotal Research maintained the stock with “Buy” rating in Thursday, August 27 report. The rating was maintained by Pivotal Research on Tuesday, August 4 with “Buy”. Barclays Capital maintained Herbalife Ltd. (NYSE:HLF) on Tuesday, August 4 with “Overweight” rating. The rating was downgraded by Vetr to “Buy” on Friday, August 7. Vetr downgraded the stock to “Buy” rating in Monday, August 31 report. Pivotal Research maintained it with “Buy” rating and $120 target in Monday, June 5 report. As per Tuesday, October 3, the company rating was maintained by Citigroup. The rating was maintained by Pivotal Research with “Buy” on Wednesday, August 2.

Aristeia Capital Llc, which manages about $6.79 billion and $2.56B US Long portfolio, decreased its stake in Medicines Co (Prn) by 2.50M shares to 2.50M shares, valued at $3.16M in 2017Q3, according to the filing. It also reduced its holding in Entercom Communications Corp (NYSE:ETM) by 1.00M shares in the quarter, leaving it with 248,546 shares, and cut its stake in Silver Std Res Inc (Prn).

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.10, from 0.79 in 2017Q2. It increased, as 37 investors sold HLF shares while 56 reduced holdings. 30 funds opened positions while 53 raised stakes. 95.88 million shares or 1.95% less from 97.79 million shares in 2017Q2 were reported. Wells Fargo And Communications Mn accumulated 30,828 shares. Capital Rech Glob has invested 0.24% in Herbalife Ltd. (NYSE:HLF). Ny State Teachers Retirement reported 6,100 shares. Millennium Mngmt Lc has 203,073 shares for 0.02% of their portfolio. Fny Managed Accounts holds 26,768 shares or 2.37% of its portfolio. Tower Rech Capital Lc (Trc) accumulated 0% or 272 shares. Salem Counselors has 225 shares. Arrowgrass Ptnrs (Us) LP reported 0.06% stake. Wasatch Advsrs stated it has 0.03% in Herbalife Ltd. (NYSE:HLF). Whittier Company has invested 0% in Herbalife Ltd. (NYSE:HLF). Stonehill Limited Liability Corp owns 13.83% invested in Herbalife Ltd. (NYSE:HLF) for 512,211 shares. National Bank & Trust Of America Corp De has invested 0.04% in Herbalife Ltd. (NYSE:HLF). One Trading Lp accumulated 0.02% or 28,772 shares. Capital Fund Management holds 0.01% or 21,198 shares in its portfolio. Barclays Public Limited Company has 0% invested in Herbalife Ltd. (NYSE:HLF).

Macguire Cheswick & Tuttle Investment Counsel Llc, which manages about $452.95M and $509.30M US Long portfolio, upped its stake in Alphabet Inc Class C by 1,319 shares to 17,311 shares, valued at $16.60 million in 2017Q3, according to the filing. It also increased its holding in Impinj by 10,545 shares in the quarter, for a total of 16,735 shares, and has risen its stake in Ishares Tr Barclays Tips Bond Fund (Prn) (TIP).

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. It turned 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. Wells Fargo & Com Mn stated it has 9.03M shares. The New York-based Arrow Fincl has invested 0.44% in Starbucks Corporation (NASDAQ:SBUX). The California-based Mar Vista Prtn Limited Liability has invested 2.98% in Starbucks Corporation (NASDAQ:SBUX). Madison Incorporated owns 69,440 shares or 0.07% of their US portfolio. Barclays Public Limited Company holds 2.11 million shares. Viking Fund Mngmt Limited Liability Corporation stated it has 20,000 shares or 0.17% of all its holdings. Valicenti Advisory Svcs Inc has 67,154 shares. Calamos Wealth Mgmt Limited Liability reported 0.61% in Starbucks Corporation (NASDAQ:SBUX). First Fincl In invested 0.66% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Waratah Advsrs accumulated 0.51% or 74,905 shares. Laurion Capital Ltd Partnership, New York-based fund reported 3,197 shares. Usca Ria Ltd reported 30,924 shares stake. Lourd Ltd Liability Co owns 6,704 shares. Commonwealth Equity Inc has 0.17% invested in Starbucks Corporation (NASDAQ:SBUX). Vaughan David Invs Il has invested 0.86% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).

Among 36 analysts covering Starbucks Corporation (NASDAQ:SBUX), 26 have Buy rating, 0 Sell and 10 Hold. Therefore 72% are positive. Starbucks Corporation had 85 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Wednesday, November 1 by Mizuho. The rating was maintained by UBS with “Buy” on Friday, July 24. Jefferies maintained it with “Buy” rating and $69.0 target in Friday, December 22 report. The company was maintained on Wednesday, June 28 by Bernstein. The rating was initiated by Longbow on Wednesday, September 21 with “Buy”. Goldman Sachs maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, July 22. Goldman Sachs has “Buy” rating and $69 target. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Monday, June 5 by Robert W. Baird. The rating was maintained by Wedbush with “Outperform” on Wednesday, September 28. On Friday, February 10 the stock rating was downgraded by Argus Research to “Hold”. The rating was downgraded by Zacks to “Hold” on Thursday, September 3.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on January, 25. They expect $0.57 EPS, up 9.62% or $0.05 from last year’s $0.52 per share. SBUX’s profit will be $811.00 million for 26.87 P/E if the $0.57 EPS becomes a reality. After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Since September 7, 2017, it had 0 insider buys, and 2 insider sales for $4.70 million activity. $1.23 million worth of stock was sold by ULLMAN MYRON E III on Thursday, September 7.

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