星巴克股份有限公司(納斯達克代碼：SBUX)由Pettyjohn Wood&White Inc.購買。

Pettyjohn Wood & White Inc. raised its holdings in Starbucks Co. (NASDAQ:SBUX – Get Rating) by 44.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 25,882 shares of the coffee company's stock after acquiring an additional 7,920 shares during the period. Pettyjohn Wood & White Inc.'s holdings in Starbucks were worth $2,354,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of SBUX. Steward Financial Group LLC acquired a new stake in shares of Starbucks during the 4th quarter worth $25,000. PYA Waltman Capital LLC acquired a new stake in shares of Starbucks during the 4th quarter worth $25,000. Rational Advisors LLC increased its holdings in shares of Starbucks by 141.4% during the 4th quarter. Rational Advisors LLC now owns 210 shares of the coffee company's stock worth $25,000 after buying an additional 123 shares during the last quarter. Guardian Wealth Management Inc. acquired a new stake in shares of Starbucks during the 4th quarter worth $25,000. Finally, Bromfield Sneider Wealth Advisors acquired a new stake in shares of Starbucks during the 1st quarter worth $25,000. Institutional investors own 69.21% of the company's stock.

Get

Starbucks

alerts:

In other Starbucks news, CEO Howard D. Schultz bought 72,500 shares of the business's stock in a transaction on Thursday, May 12th. The shares were purchased at an average price of $68.85 per share, with a total value of $4,991,625.00. Following the completion of the acquisition, the chief executive officer now directly owns 19,606,960 shares of the company's stock, valued at approximately $1,349,939,196. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Howard D. Schultz bought 137,500 shares of the business's stock in a transaction on Tuesday, May 10th. The stock was acquired at an average cost of $72.67 per share, for a total transaction of $9,992,125.00. Following the acquisition, the chief executive officer now directly owns 19,534,460 shares of the company's stock, valued at $1,419,569,208.20. The disclosure for this purchase can be found here. Company insiders own 0.27% of the company's stock.

SBUX has been the subject of a number of research analyst reports. Morgan Stanley dropped their price objective on Starbucks from $94.00 to $87.00 in a report on Wednesday, May 4th. Evercore ISI upgraded Starbucks from an "in-line" rating to an "outperform" rating and set a $95.00 price target for the company in a report on Wednesday, May 4th. Robert W. Baird lowered their price target on Starbucks from $95.00 to $85.00 in a report on Monday, April 25th. BMO Capital Markets lowered their price target on Starbucks from $115.00 to $105.00 in a report on Wednesday, May 4th. Finally, Citigroup lowered their price target on Starbucks from $91.00 to $76.00 in a report on Wednesday, May 4th. Fourteen analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $102.72.

Shares of SBUX stock opened at $79.26 on Tuesday. Starbucks Co. has a one year low of $68.39 and a one year high of $126.32. The company's 50-day simple moving average is $75.21 and its 200-day simple moving average is $87.44. The stock has a market capitalization of $90.90 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 2.33 and a beta of 0.93.

Starbucks (NASDAQ:SBUX – Get Rating) last issued its quarterly earnings results on Tuesday, May 3rd. The coffee company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01). Starbucks had a negative return on equity of 53.43% and a net margin of 14.07%. The company had revenue of $7.64 billion for the quarter, compared to the consensus estimate of $7.60 billion. During the same period in the previous year, the business posted $0.62 EPS. The business's revenue for the quarter was up 14.5% on a year-over-year basis. On average, equities research analysts expect that Starbucks Co. will post 2.89 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 12th will be issued a $0.49 dividend. The ex-dividend date is Thursday, August 11th. This represents a $1.96 dividend on an annualized basis and a yield of 2.47%. Starbucks's dividend payout ratio is currently 52.55%.

Starbucks Company Profile (Get Rating)

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.

Read More

• Get a free copy of the StockNews.com research report on Starbucks (SBUX)
• Hello Group Stock is Attractive Value Speculators
• Two Pet Health Stocks To Watch And One To Avoid
• PetVivo Holdings Is A Growth Stock Worth a Look
• PVH Corp Stock Approaching Key Support Levels
• 5 Reasons to Climb Aboard Carnival Stock

Want to see what other hedge funds are holding SBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Co. (NASDAQ:SBUX – Get Rating).

Receive News & Ratings for Starbucks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks and related companies with MarketBeat.com's FREE daily email newsletter.