As Zoetis (ZTS) Share Value Rose, Chesley Taft & Associates Boosted by $647,400 Its Stake; Starbucks (SBUX) Shareholder Northstar Asset Management Has Lowered Its Holding by $758,100

June 18, 2018 - By Dolores Ford

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Northstar Asset Management Llc decreased its stake in Starbucks Corp (SBUX) by 26.53% based on its latest 2018Q1 regulatory filing with the SEC. Northstar Asset Management Llc sold 13,300 shares as the company’s stock rose 1.31% while stock markets declined. The institutional investor held 36,829 shares of the restaurants company at the end of 2018Q1, valued at $2.13M, down from 50,129 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $78.96 billion market cap company. The stock increased 0.18% or $0.1054 during the last trading session, reaching $57.2154. About 5.24M shares traded. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 18, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: 26/04/2018 – STARBUCKS CORP – DURING QUARTER, COMPANY ALSO CLOSED 298 TEAVANA STORES; 16/04/2018 – Starbucks Culture Under Scrutiny After Arrests in Philadelphia; 07/05/2018 – STARBUCKS, NESTLE FORM GLOBAL COFFEE ALLIANCE TO ELEVATE,; 13/03/2018 – Starbucks debuts gin barrel-aged cold brew to lure coffee drinkers to Seattle Roastery; 17/04/2018 – FOX 5 DC: #BREAKING: Starbucks announces it will close all stores for racial-bias education on May 29; 15/04/2018 – Starbucks chief executive apologizes for arrests of two black men; 21/03/2018 – STARBUCKS AFFIRMS COMMITMENT TO RETURN $15B TO HOLDERS IN 3 YRS; 11/05/2018 – KFVS News: BREAKING: This incident comes two weeks after a similar device was discovered about two miles away at a; 07/05/2018 – Nestle: Starbucks Will Get Upfront Cash Payment of $7.15B; 12/03/2018 – STARBUCKS ENTERS LICENSING PACT WITH SOUTHROCK

Chesley Taft & Associates Llc increased its stake in Zoetis Inc. (ZTS) by 54.72% based on its latest 2018Q1 regulatory filing with the SEC. Chesley Taft & Associates Llc bought 7,800 shares as the company’s stock rose 0.44% while stock markets declined. The institutional investor held 22,055 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $1.84 million, up from 14,255 at the end of the previous reported quarter. Chesley Taft & Associates Llc who had been investing in Zoetis Inc. for a number of months, seems to be bullish on the $43.05 billion market cap company. The stock decreased 0.26% or $0.23 during the last trading session, reaching $88.97. About 1.40M shares traded. Zoetis Inc. (NYSE:ZTS) has risen 33.70% since June 18, 2017 and is uptrending. It has outperformed by 21.13% the S&P500. Some Historical ZTS News: 16/05/2018 – S&PGRBulletin: Zoetis Inc. Rtgs Unaffected By Acq Plan; 05/04/2018 – ZOETIS INC ZTS.N : CREDIT SUISSE RAISES TARGET PRICE TO $89 FROM $83; RATING OUTPERFORM; 15/05/2018 – Anatara Announces Exclusive Global License Agreement with Zoetis; 16/05/2018 – ZOETIS TO BUY ABAXIS FOR ABOUT $2B; 16/05/2018 – Zoetis to Buy Abaxis for $2 Billion as Firms Prowl for Pet Deals; 16/05/2018 – Zoetis to buy Abaxis for $1.9 bln in cash; 10/05/2018 – ZOETIS INC ZTS.N : COWEN AND COMPANY RAISES TARGET PRICE TO $90 FROM $85; 16/05/2018 – Zoetis to buy veterinary diagnostics company Abaxis for $2bn; 02/05/2018 – Zoetis 1Q Net $352M; 01/05/2018 – Forbes Names Zoetis One of America’s Best Employers for Third Year in a Row

Investors sentiment decreased to 1.12 in 2018 Q1. Its down 0.01, from 1.13 in 2017Q4. It dived, as 33 investors sold ZTS shares while 270 reduced holdings. 99 funds opened positions while 239 raised stakes. 419.33 million shares or 2.37% less from 429.52 million shares in 2017Q4 were reported. Findlay Park Prns Llp holds 831,247 shares or 0.69% of its portfolio. Northwestern Mutual Wealth Mgmt accumulated 3,798 shares. Davenport And Ltd reported 0% in Zoetis Inc. (NYSE:ZTS). Smith Moore owns 2,406 shares or 0.05% of their US portfolio. Jefferies Gru Limited Liability holds 47,207 shares. Westfield Cap Management Lp holds 0.28% in Zoetis Inc. (NYSE:ZTS) or 437,560 shares. Yhb Investment Advisors Incorporated stated it has 27,639 shares or 0.39% of all its holdings. Reliance Tru Of Delaware invested in 15,860 shares. Aureus Asset Ltd Liability invested in 257,343 shares or 3.23% of the stock. Kayne Anderson Rudnick Invest Management Limited Liability Corporation has invested 0.42% in Zoetis Inc. (NYSE:ZTS). Cornerstone Advsrs Incorporated reported 0.12% of its portfolio in Zoetis Inc. (NYSE:ZTS). Architects has 0.01% invested in Zoetis Inc. (NYSE:ZTS) for 371 shares. Capital Innovations Limited reported 1.25% stake. Whittier has 6,087 shares for 0.02% of their portfolio. The Maine-based Bath Savings Tru Com has invested 0.11% in Zoetis Inc. (NYSE:ZTS).

Among 21 analysts covering Zoetis Inc (NYSE:ZTS), 14 have Buy rating, 0 Sell and 7 Hold. Therefore 67% are positive. Zoetis Inc had 80 analyst reports since July 24, 2015 according to SRatingsIntel. Cowen & Co maintained Zoetis Inc. (NYSE:ZTS) on Thursday, February 15 with “Buy” rating. Craig Hallum maintained the stock with “Buy” rating in Wednesday, August 9 report. The rating was maintained by Stifel Nicolaus on Thursday, July 20 with “Buy”. On Thursday, December 15 the stock rating was upgraded by Cowen & Co to “Outperform”. The stock has “Overweight” rating by Morgan Stanley on Wednesday, November 29. Stifel Nicolaus initiated Zoetis Inc. (NYSE:ZTS) rating on Wednesday, June 1. Stifel Nicolaus has “Buy” rating and $58 target. The firm earned “Buy” rating on Thursday, November 2 by Stifel Nicolaus. As per Friday, October 13, the company rating was maintained by Cowen & Co. BMO Capital Markets downgraded the stock to “Market Perform” rating in Tuesday, June 13 report. The firm has “Buy” rating by Jefferies given on Tuesday, March 15.

Chesley Taft & Associates Llc, which manages about $1.37B and $1.13B US Long portfolio, decreased its stake in Adobe Systems Inc. (NASDAQ:ADBE) by 3,940 shares to 43,529 shares, valued at $9.41 million in 2018Q1, according to the filing. It also reduced its holding in Marathon Petroleum Corporation (NYSE:MPC) by 125,943 shares in the quarter, leaving it with 34,310 shares, and cut its stake in Alphabet Inc. Cl C.

Since February 21, 2018, it had 0 buys, and 5 insider sales for $7.23 million activity. Trawicki Roman sold $712,001 worth of stock or 8,568 shares. Shares for $2.89M were sold by Lagano Roxanne. On Friday, March 16 the insider Chen Heidi C. sold $625,414.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 108 analyst reports since July 28, 2015 according to SRatingsIntel. Wedbush maintained the stock with “Outperform” rating in Wednesday, September 28 report. The firm earned “Buy” rating on Thursday, December 21 by RBC Capital Markets. Goldman Sachs maintained the stock with “Buy” rating in Friday, July 22 report. Guggenheim downgraded Starbucks Corporation (NASDAQ:SBUX) on Friday, July 28 to “Hold” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Neutral” rating given on Friday, November 3 by Credit Suisse. The firm earned “Buy” rating on Wednesday, September 28 by CLSA. Piper Jaffray maintained Starbucks Corporation (NASDAQ:SBUX) on Monday, February 5 with “Buy” rating. The firm earned “Buy” rating on Friday, March 9 by UBS. The firm has “Overweight” rating by Morgan Stanley given on Friday, November 10. The firm has “Strong-Buy” rating by Vetr given on Friday, August 28.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It dived, as 61 investors sold SBUX shares while 485 reduced holdings. 118 funds opened positions while 391 raised stakes. 955.12 million shares or 2.87% less from 983.38 million shares in 2017Q4 were reported. Amer Century Cos owns 5.41 million shares. Mechanics Bancorp Trust Department stated it has 9,310 shares or 0.13% of all its holdings. Cidel Asset Inc holds 3,759 shares or 0.01% of its portfolio. Fosun Limited holds 0.09% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 25,720 shares. California-based Fincl Engines Advisors Ltd Liability has invested 0% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Harbour Inv Management Limited Liability has 3.47% invested in Starbucks Corporation (NASDAQ:SBUX). Williams Jones And Associate Ltd Liability Corp holds 9,839 shares or 0.01% of its portfolio. Blackrock Incorporated holds 0.23% or 84.18M shares. B T Mgmt Dba Alpha Mgmt reported 43,668 shares. Beech Hill Advsrs has invested 0.18% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Douglass Winthrop Limited Liability Company accumulated 1.58% or 559,223 shares. 14,602 were accumulated by Marble Harbor Counsel Limited Liability. Hills Commercial Bank And Trust holds 38,896 shares. Private Wealth Inc holds 0.61% or 26,188 shares in its portfolio. The California-based Tarbox Family Office has invested 0.09% in Starbucks Corporation (NASDAQ:SBUX).

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on July, 26. They expect $0.65 earnings per share, up 18.18% or $0.10 from last year’s $0.55 per share. SBUX’s profit will be $897.00 million for 22.01 P/E if the $0.65 EPS becomes a reality. After $0.53 actual earnings per share reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 22.64% EPS growth.

Since January 31, 2018, it had 0 insider buys, and 3 insider sales for $13.62 million activity. $3.60 million worth of stock was sold by WEATHERUP CRAIG on Tuesday, March 13. On Monday, March 12 the insider ULLMAN MYRON E III sold $740,851.

Northstar Asset Management Llc, which manages about $238.11M US Long portfolio, upped its stake in Sherwin Williams Co (NYSE:SHW) by 1,185 shares to 3,160 shares, valued at $1.24 million in 2018Q1, according to the filing.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks’ Schultz steps down as chairman” on June 04, 2018, also Seekingalpha.com with their article: “Starbucks launches new prepaid Visa product” published on June 11, 2018, Seekingalpha.com published: “Starbucks: Not Holding For Growth, But For Dividends” on May 22, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: “Starbucks lifts coffee prices in the US” published on June 07, 2018 as well as Usatoday.com‘s news article titled: “Starbucks tops Apple in mobile payments: A Foolish Take” with publication date: June 16, 2018.

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