Alley Company Lifted Its Starbucks (SBUX) Position; Last Week JMP Group (JMP) Analysts

May 22, 2018 - By Richard Conner

Starbucks Corporation (NASDAQ:SBUX) Logo

Alley Company Llc increased Starbucks Corp (SBUX) stake by 39.54% reported in 2017Q4 SEC filing. Alley Company Llc acquired 24,568 shares as Starbucks Corp (SBUX)’s stock rose 0.28%. The Alley Company Llc holds 86,698 shares with $4.98M value, up from 62,130 last quarter. Starbucks Corp now has $78.69B valuation. The stock decreased 0.55% or $0.315 during the last trading session, reaching $57.025. About 2.80M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since May 22, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.




Among 6 analysts covering JMP Group (NYSE:JMP), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. JMP Group had 10 analyst reports since September 2, 2015 according to SRatingsIntel. As per Thursday, April 5, the company rating was maintained by Keefe Bruyette & Woods. TheStreet upgraded the shares of JMP in report on Wednesday, September 2 to “Sell” rating. Wood maintained JMP Group LLC (NYSE:JMP) rating on Wednesday, October 7. Wood has “Outperform” rating and $8.50 target. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, November 2. Keefe Bruyette & Woods downgraded the stock to “Mkt Perform” rating in Friday, December 11 report. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 10 with “Hold”. The stock of JMP Group LLC (NYSE:JMP) has “Outperform” rating given on Monday, October 26 by Barrington Research. Morgan Stanley maintained it with “Overweight” rating and $138 target in Thursday, March 15 report. See JMP Group LLC (NYSE:JMP) latest ratings:

05/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $5.5000 Maintain
15/03/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $136 New Target: $138 Maintain
16/02/2018 Broker: Barrington Rating: Buy New Target: $8.0
10/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $5.75 Maintain

Another recent and important JMP Group LLC (NYSE:JMP) news was published by Seekingalpha.com which published an article titled: “JMP Group’s (JMP) CEO Joe Jolson on Q1 2018 Results – Earnings Call Transcript” on May 06, 2018.

JMP Group LLC, together with its subsidiaries, provides investment banking, sales and trading, equity research, and asset management services in the United States. The company has market cap of $109.53 million. It operates through three divisions: Broker-Dealer, Asset Management, and Corporate divisions. It currently has negative earnings. The Broker-Dealer segment offers services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions; and financial advisory services in mergers and acquisitions, restructuring, and other strategic transactions.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.43, from 1.29 in 2017Q3. It is negative, as 4 investors sold JMP Group LLC shares while 3 reduced holdings. 2 funds opened positions while 4 raised stakes. 2.90 million shares or 4.88% more from 2.77 million shares in 2017Q3 were reported. 41,762 are owned by Royal Bank & Trust Of Canada. Moreover, Morgan Stanley has 0% invested in JMP Group LLC (NYSE:JMP). Hilltop Holdg invested in 47,900 shares or 0.06% of the stock. Putnam Limited Liability has 137,700 shares. Deutsche Commercial Bank Ag owns 122,216 shares or 0% of their US portfolio. Essex Inv Mgmt Limited Liability Com has 0.04% invested in JMP Group LLC (NYSE:JMP). Us Natl Bank De holds 10,000 shares. Continental Advsrs Ltd Liability Co holds 0.36% of its portfolio in JMP Group LLC (NYSE:JMP) for 295,326 shares. Manufacturers Life Insur Commerce The accumulated 189 shares or 0% of the stock. California Public Employees Retirement System owns 57,700 shares for 0% of their portfolio. Bridgeway Capital Mgmt Inc invested in 116,451 shares. Gsa Ptnrs Llp reported 11,483 shares stake. Maryland-based Price T Rowe Md has invested 0% in JMP Group LLC (NYSE:JMP). Arbiter Capital Ltd Liability Com invested 0.01% in JMP Group LLC (NYSE:JMP). Fmr Ltd Liability Corp reported 506,700 shares or 0% of all its holdings.

The stock decreased 0.39% or $0.02 during the last trading session, reaching $5.08. About 7,926 shares traded. JMP Group LLC (NYSE:JMP) has declined 15.70% since May 22, 2017 and is downtrending. It has underperformed by 27.25% the S&P500.

Since January 31, 2018, it had 0 insider purchases, and 3 sales for $13.62 million activity. BURROWS CLIFFORD sold $9.28M worth of Starbucks Corporation (NASDAQ:SBUX) on Wednesday, January 31. 59,838 shares were sold by WEATHERUP CRAIG, worth $3.60 million. 12,500 shares valued at $740,851 were sold by ULLMAN MYRON E III on Monday, March 12.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.08, from 0.97 in 2017Q3. It improved, as 63 investors sold SBUX shares while 449 reduced holdings. 114 funds opened positions while 423 raised stakes. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported. Old Second National Bank Of Aurora accumulated 175 shares. Ashfield Capital Partners Ltd Liability holds 0.48% or 64,340 shares. 118,132 were accumulated by Nichols & Pratt Advisers Llp Ma. Sheets Smith Wealth Mgmt has 0.06% invested in Starbucks Corporation (NASDAQ:SBUX). Alexandria Ltd Llc has 0.56% invested in Starbucks Corporation (NASDAQ:SBUX). Vision Capital owns 86,570 shares for 1.45% of their portfolio. Glovista Investments Ltd Liability Company owns 14,388 shares. Advisor Prtnrs Ltd Co stated it has 24,595 shares or 0.27% of all its holdings. Barbara Oil Com invested in 0.55% or 15,000 shares. Gamco Inc Et Al has 0.03% invested in Starbucks Corporation (NASDAQ:SBUX). Hartford Financial Management Inc reported 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Ironwood Investment Counsel Ltd Liability Co owns 21,771 shares. Two Sigma Securities Lc holds 0.01% or 7,926 shares. Bahl & Gaynor has invested 0.4% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Zacks Inv Mngmt reported 243,326 shares or 0.3% of all its holdings.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 107 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Monday, March 13 by Wedbush. Stifel Nicolaus reinitiated Starbucks Corporation (NASDAQ:SBUX) on Friday, March 18 with “Hold” rating. The firm earned “Overweight” rating on Friday, November 10 by Morgan Stanley. UBS maintained Starbucks Corporation (NASDAQ:SBUX) on Thursday, March 15 with “Buy” rating. Piper Jaffray maintained Starbucks Corporation (NASDAQ:SBUX) on Monday, February 5 with “Buy” rating. BMO Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, October 30. BMO Capital Markets has “Outperform” rating and $66 target. Piper Jaffray maintained the shares of SBUX in report on Friday, November 3 with “Buy” rating. The rating was downgraded by OTR Global on Wednesday, July 13 to “Mixed”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Thursday, August 31 by Cowen & Co. On Tuesday, August 22 the stock rating was maintained by Jefferies with “Buy”.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks clarifies new guest policy” on May 22, 2018, also Seekingalpha.com with their article: “Starbucks: Not Holding For Growth, But For Dividends” published on May 22, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on May 22, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: 247Wallst.com and their article: “New Long Lines at Starbucks and Customer Service” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Starbucks opens bathrooms to everyone” with publication date: May 21, 2018.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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