Montag & Caldwell Has Trimmed By $34.35 Million Its Starbucks (SBUX) Position; J Goldman & Company LP Trimmed Wns Holdings LTD (WNS) Stake

June 20, 2018 - By Orlando Nugent

WNS (NYSE:Holdings Limited) Logo

Montag & Caldwell Llc decreased Starbucks Corp (SBUX) stake by 29.01% reported in 2018Q1 SEC filing. Montag & Caldwell Llc sold 602,715 shares as Starbucks Corp (SBUX)’s stock rose 1.31%. The Montag & Caldwell Llc holds 1.47 million shares with $85.36 million value, down from 2.08 million last quarter. Starbucks Corp now has $71.81B valuation. The stock decreased 9.39% or $5.395 during the last trading session, reaching $52.035. About 50.89 million shares traded or 525.18% up from the average. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 20, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: ; 25/04/2018 – Whitbread to Set Costa Coffee Free to Take On Starbucks; 21/03/2018 – Starbucks said it has achieved pay equity for its U.S. workers; 29/03/2018 – FOX 5 DC: #BREAKING: (AP) — APNewsBreak: Judge rules Starbucks, other coffee sellers must include cancer warnings on coffee…; 17/04/2018 – STARBUCKS CORP SBUX.O SAYS WILL CLOSE ALL U.S. STORES FOR RACIAL-BIAS EDUCATION ON MAY 29; 17/04/2018 – Kizzy Cox: #BREAKING: @Starbucks #pressrelease on the closing of its US stores on May 29 for racial bias education…; 17/04/2018 – Starbucks Began Review of Training and Practices Earlier This Week; 07/05/2018 – The deal gives Nestle the rights to sell Starbucks’ products, including single-serve coffees and teas as well as bagged beans, around the world; 07/05/2018 – NESTLE WILL SELL STARBUCKS PODS OUTSIDE NESPRESSO BOUTIQUES; 18/04/2018 – For CEOs in crisis, Starbucks offers an ‘instructive playbook’; 02/05/2018 – 2 Black Men Arrested at Starbucks Reach Agreement With Philadelphia

J Goldman & Company Lp decreased Wns Holdings Ltd (WNS) stake by 16.81% reported in 2018Q1 SEC filing. J Goldman & Company Lp sold 37,839 shares as Wns Holdings Ltd (WNS)’s stock rose 10.59%. The J Goldman & Company Lp holds 187,204 shares with $8.49M value, down from 225,043 last quarter. Wns Holdings Ltd now has $2.68 billion valuation. The stock decreased 0.24% or $0.13 during the last trading session, reaching $53.08. About 191,048 shares traded. WNS (NYSE:WNS) has risen 50.00% since June 20, 2017 and is uptrending. It has outperformed by 37.43% the S&P500.

Among 16 analysts covering WNS Holdings Ltd. (NYSE:WNS), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. WNS Holdings Ltd. had 50 analyst reports since August 14, 2015 according to SRatingsIntel. Bank of America maintained WNS (NYSE:Holdings Limited) on Friday, July 21 with “Buy” rating. The rating was upgraded by Cowen & Co to “Outperform” on Wednesday, June 14. Needham maintained the shares of WNS in report on Friday, December 1 with “Buy” rating. The stock of WNS (NYSE:Holdings Limited) earned “Buy” rating by SunTrust on Thursday, January 18. Robert W. Baird maintained the shares of WNS in report on Thursday, January 18 with “Buy” rating. The firm has “Buy” rating given on Sunday, October 29 by SunTrust. Citigroup maintained it with “Buy” rating and $40 target in Friday, July 21 report. The company was maintained on Friday, October 16 by Deutsche Bank. The company was upgraded on Tuesday, September 8 by Zacks. Loop Capital initiated WNS (NYSE:Holdings Limited) on Tuesday, January 10 with “Buy” rating.

J Goldman & Company Lp increased Golar Lng Ltd Bermuda (NASDAQ:GLNG) stake by 143,685 shares to 697,185 valued at $19.08M in 2018Q1. It also upped Vulcan Matls Co (NYSE:VMC) stake by 18,574 shares and now owns 92,311 shares. Deere & Co (Call) (NYSE:DE) was raised too.

Another recent and important WNS (NYSE:Holdings Limited) news was published by Businesswire.com which published an article titled: “WNS Named a ‘Leader’ in Everest Group PEAK Matrixâ„¢ for Property & Casualty Insurance Business Process Services” on May 29, 2018.

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

Montag & Caldwell Llc increased Ulta Beauty Inc. (NASDAQ:ULTA) stake by 65,063 shares to 428,858 valued at $87.60 million in 2018Q1. It also upped Becton Dickinson And Co (NYSE:BDX) stake by 115,818 shares and now owns 571,245 shares. Monster Beverage Corp was raised too.

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 20.01 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.

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 it to “Hold” rating and $59 target in Monday, August 24 report. The firm earned “Buy” rating on Friday, January 26 by Nomura. The stock has “Hold” rating by Wedbush on Friday, July 28. The company was downgraded on Friday, February 10 by Argus Research. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 15 report. S&P Research upgraded the shares of SBUX in report on Tuesday, July 28 to “Buy” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Outperform” rating by Wedbush on Friday, July 22. UBS maintained the shares of SBUX in report on Wednesday, November 15 with “Buy” rating. Oppenheimer maintained the stock with “Outperform” rating in Friday, January 26 report. As per Wednesday, September 28, the company rating was maintained by CLSA.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Thestreet.com which released: “3 Ways to Fix Starbucks Biggest Challenges” on June 20, 2018, also Benzinga.com with their article: “Should Investors Buy The Dip In Starbucks? These Street Analysts Are Saying No” published on June 20, 2018, Seekingalpha.com published: “Oppenheimer still positive on Starbucks” on June 20, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Streetinsider.com and their article: “Pre-Open Movers 06/20: (CLBS) (CLPS) (WGO) Higher; (LZB) (ORCL) (SBUX) Lower (more…)” published on June 20, 2018 as well as Fool.com‘s news article titled: “Starbucks Without Howard Schultz Is Still a Buy” with publication date: June 19, 2018.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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