Tcw Group Decreased Starbucks (SBUX) Position; Allied Properties Real Estate Investment Trust (TSE:AP.UN) Had 4 Analysts Last Week

June 14, 2018 - By Ann Lacey

Allied Properties Real Estate Investment Trust (TSE:AP.UN) Logo

Tcw Group Inc decreased Starbucks Corp (SBUX) stake by 4.64% reported in 2018Q1 SEC filing. Tcw Group Inc sold 122,625 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Tcw Group Inc holds 2.52M shares with $145.76 million value, down from 2.64 million last quarter. Starbucks Corp now has $78.57B valuation. The stock increased 1.29% or $0.725 during the last trading session, reaching $56.935. About 7.60M shares traded. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 14, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: ; 12/03/2018 – Starbucks Enters Licensing Agreement with SouthRock to Drive Next Wave of Profitable Growth in Brazil; 23/05/2018 – Starbucks calls anti-bias training part of ‘long-term journey’; 07/03/2018 – Starbucks Opens Costa Rican Coffee Farm to Visitors; 17/04/2018 – NEWS10 ABC: #BREAKING: Starbucks to close all stores nationwide for racial-bias education on May 29; 07/05/2018 – The $7.15 billion deal with food giant Nestle will help Starbucks return value to its shareholders; 07/05/2018 – S&PGRBulletin: Starbucks’ Agrmnt With Nestle Has No Rtg Impact; 29/05/2018 – Starbucks baristas find anti-bias training has a limited scope but is a good start; 14/03/2018 – Yonhap: Starbucks posts record operating profit in Korea in 2017; 19/04/2018 – The Associated Press: BREAKING: Black men arrested at Philadelphia Starbucks tell AP they did nothing wrong, feared for lives; 07/05/2018 – ♫ Reuters Insider – U.S. Morning Call: Nestle to pay $7.15 bln to Starbucks to jump-start coffee business

Among 5 analysts covering Allied Properties REIT (TSE:AP.UN), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Allied Properties REIT had 32 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, August 22, the company rating was maintained by Desjardins Securities. The firm has “Outperform” rating given on Wednesday, January 18 by Scotia Capital. As per Monday, February 27, the company rating was maintained by Scotia Capital. The firm has “Outperform” rating given on Tuesday, December 20 by RBC Capital Markets. The stock has “Buy” rating by TD Securities on Monday, August 22. The rating was maintained by Scotia Capital on Thursday, December 8 with “Outperform”. Raymond James maintained the stock with “Outperform” rating in Tuesday, January 31 report. On Wednesday, November 2 the stock rating was maintained by Scotia Capital with “Outperform”. BMO Capital Markets maintained Allied Properties Real Estate Investment Trust (TSE:AP.UN) rating on Wednesday, August 24. BMO Capital Markets has “Market Perform” rating and $40 target. BMO Capital Markets maintained the stock with “Market Perform” rating in Thursday, August 24 report. See Allied Properties Real Estate Investment Trust (TSE:AP.UN) latest ratings:

Allied Properties Real Estate Investment Trust operates as an unincorporated closed-end real estate investment trust in Canada. The company has market cap of $3.83 billion. The company, through its subsidiaries, provides Class I office space in the urban areas of Toronto, Montreal, Winnipeg, Quebec City, and Kitchener. It has a 10.21 P/E ratio. It also provides property management and related services.

The stock decreased 2.44% or $1.03 during the last trading session, reaching $41.18. About 685,838 shares traded or 429.46% up from the average. Allied Properties Real Estate Investment Trust (TSE:AP.UN) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on July, 26. They expect $0.65 EPS, up 18.18% or $0.10 from last year’s $0.55 per share. SBUX’s profit will be $897.00M for 21.90 P/E if the $0.65 EPS becomes a reality. After $0.53 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 22.64% EPS growth.

Tcw Group Inc increased Ventas Inc (NYSE:VTR) stake by 22,770 shares to 189,781 valued at $9.40M in 2018Q1. It also upped First Northwest Bancorp stake by 25,152 shares and now owns 46,221 shares. First Data Corp New was raised too.

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. Zacks upgraded Starbucks Corporation (NASDAQ:SBUX) on Monday, August 24 to “Hold” rating. Buckingham Research initiated the shares of SBUX in report on Monday, November 21 with “Neutral” rating. The rating was maintained by Piper Jaffray with “Buy” on Friday, April 27. The company was downgraded on Friday, February 10 by Argus Research. The stock has “Buy” rating by Jefferies on Wednesday, July 19. The firm has “Buy” rating given on Tuesday, June 13 by BMO Capital Markets. The firm has “Outperform” rating given on Monday, March 13 by Wedbush. As per Tuesday, July 28, the company rating was upgraded by S&P Research. The stock has “Buy” rating by Nomura on Friday, November 3. The rating was maintained by Mizuho on Thursday, September 28 with “Buy”.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.12, from 1.05 in 2017Q4. It worsened, 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. Panagora Asset accumulated 0.01% or 36,784 shares. One Cap Management Limited owns 9,585 shares. Patriot Wealth Mgmt Incorporated holds 89,338 shares. Pioneer Trust Savings Bank N A Or reported 11,470 shares. Gabelli Funds Limited Liability reported 0.15% stake. Kj Harrison And Partners Incorporated reported 60,380 shares. Royal Bancorp Of Canada holds 8.16 million shares or 0.21% of its portfolio. Baldwin Inv Management Limited Liability Corporation holds 29,400 shares. Oppenheimer Asset Management Inc has invested 0.26% in Starbucks Corporation (NASDAQ:SBUX). Guardian Capital LP holds 0.09% or 10,763 shares in its portfolio. Walleye Trading Ltd Llc has invested 0.03% in Starbucks Corporation (NASDAQ:SBUX). 20,704 are held by Hbk Sorce Advisory Ltd Liability Co. Franklin Street Advisors Nc owns 141,460 shares. Illinois-based Gofen Glossberg Ltd Liability Com Il has invested 1.07% in Starbucks Corporation (NASDAQ:SBUX). Dowling Yahnke Ltd Limited Liability Company, a California-based fund reported 113,361 shares.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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