Private Harbour Investment Management & Counsel Holds Position in Knowles (KN); Starbucks (SBUX) Holder Fukoku Mutual Life Insurance Company Increased Stake

February 15, 2018 - By Michael Collier

Fukoku Mutual Life Insurance Company increased its stake in Starbucks Corp (SBUX) by 176.4% based on its latest 2017Q3 regulatory filing with the SEC. Fukoku Mutual Life Insurance Company bought 15,700 shares as the company’s stock rose 6.99% with the market. The institutional investor held 24,600 shares of the restaurants company at the end of 2017Q3, valued at $1.32M, up from 8,900 at the end of the previous reported quarter. Fukoku Mutual Life Insurance Company who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.92 billion market cap company. The stock increased 0.28% or $0.155 during the last trading session, reaching $56.145. About 4.31M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 15, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Private Harbour Investment Management & Counsel Llc increased its stake in Knowles Corp (KN) by 22.78% based on its latest 2017Q3 regulatory filing with the SEC. Private Harbour Investment Management & Counsel Llc bought 22,212 shares as the company’s stock declined 8.91% while stock markets rallied. The institutional investor held 119,701 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $1.83M, up from 97,489 at the end of the previous reported quarter. Private Harbour Investment Management & Counsel Llc who had been investing in Knowles Corp for a number of months, seems to be bullish on the $1.28B market cap company. The stock increased 0.99% or $0.14 during the last trading session, reaching $14.25. About 341,282 shares traded. Knowles Corporation (NYSE:KN) has risen 40.62% since February 15, 2017 and is uptrending. It has outperformed by 23.92% the S&P500.




Among 13 analysts covering Knowles Corporation (NYSE:KN), 6 have Buy rating, 2 Sell and 5 Hold. Therefore 46% are positive. Knowles Corporation had 24 analyst reports since August 20, 2015 according to SRatingsIntel. JP Morgan initiated the shares of KN in report on Tuesday, September 6 with “Neutral” rating. The rating was maintained by Roth Capital on Thursday, February 8 with “Buy”. The stock has “Negative” rating by Susquehanna on Tuesday, September 20. The firm has “Neutral” rating given on Thursday, January 12 by Susquehanna. The stock of Knowles Corporation (NYSE:KN) earned “Hold” rating by Susquehanna on Thursday, February 8. The stock of Knowles Corporation (NYSE:KN) has “Buy” rating given on Friday, February 12 by Topeka Capital Markets. Benchmark initiated Knowles Corporation (NYSE:KN) on Wednesday, June 29 with “Hold” rating. The firm has “Buy” rating given on Monday, January 4 by Craig Hallum. Zacks upgraded Knowles Corporation (NYSE:KN) on Thursday, September 3 to “Hold” rating. The firm has “Hold” rating by Piper Jaffray given on Wednesday, December 20.

Fukoku Mutual Life Insurance Company, which manages about $677.56 million US Long portfolio, decreased its stake in Ishares Tr (IXC) by 223,000 shares to 444,000 shares, valued at $15.09 million in 2017Q3, according to the filing. It also reduced its holding in Analog Devices Inc (NASDAQ:ADI) by 5,200 shares in the quarter, leaving it with 1,700 shares, and cut its stake in Priceline Grp Inc (NASDAQ:PCLN).

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 100 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, September 3 by Zacks. On Wednesday, August 9 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. As per Friday, July 28, the company rating was maintained by BMO Capital Markets. Morgan Stanley maintained the shares of SBUX in report on Friday, November 10 with “Overweight” rating. As per Friday, July 28, the company rating was downgraded by Stifel Nicolaus. Credit Suisse maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, November 3. Credit Suisse has “Neutral” rating and $54 target. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, December 21. As per Friday, January 26, the company rating was maintained by Nomura. Cowen & Co maintained the stock with “Buy” rating in Friday, July 28 report. The firm has “Hold” rating given on Tuesday, October 3 by Stifel Nicolaus.

Since September 7, 2017, it had 0 buys, and 3 selling transactions for $13.98 million activity. 64,776 shares valued at $3.47 million were sold by CULVER JOHN on Friday, September 8. ULLMAN MYRON E III had sold 22,966 shares worth $1.23 million on Thursday, September 7.

Investors sentiment decreased to 0.97 in Q3 2017. Its down 0.24, from 1.21 in 2017Q2. It fall, 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. Lvw Advsrs Lc invested in 0.49% or 22,772 shares. Clearbridge Ltd Llc holds 0% or 3,342 shares in its portfolio. Trustmark Bank & Trust Trust Department accumulated 31,645 shares. Bridges Mngmt Incorporated holds 0.43% or 62,433 shares in its portfolio. Cibc World Markets Corp accumulated 332,070 shares. Mcf Advsrs Limited Liability Co reported 150 shares. Evermay Wealth Mgmt Limited Liability Company invested in 0.11% or 4,820 shares. Advisors Asset Mgmt accumulated 248,482 shares. Cadinha And Limited Co reported 0.43% stake. Joho Limited Liability owns 13,850 shares or 0.16% of their US portfolio. Fiduciary Fincl Service Of The Southwest Tx accumulated 32,129 shares. Bridgecreek Invest Mngmt Limited Liability Com stated it has 1.71% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 24,535 were reported by Moody Natl Bank Tru Division. Capwealth Advsr Ltd Liability Corporation holds 1.78% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 172,187 shares. Kornitzer Mngmt Ks accumulated 125,730 shares or 0.12% of the stock.

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