Starbucks issues apology after video of arrest in Philly store goes viral

Andrew Cummings
April 15, 2018

114 funds took holdings and 423 increased holdings. Connor Clark And Lunn Investment Mngmt holds 0.03% in Starbucks Corporation (NASDAQ:SBUX) or 78,700 shares. Tarbox Family Office reported 4,057 shares.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 24th. Morgan Stanley bought 5.26 million shares as the company's stock rose 0.28% while stock markets declined. Middleton & Co Inc MA increased its stake in Starbucks by 11.8% in the 3rd quarter. Lee Danner & Bass Inc. lifted its holdings in Starbucks by 5.1% during the third quarter. Tci Wealth Advisors accumulated 471 shares. WINTON GROUP Ltd now owns 27,191 shares of the coffee company's stock valued at $1,586,000 after purchasing an additional 6,225 shares during the last quarter. The stock of Starbucks Corporation (NASDAQ:SBUX) has "Buy" rating given on Friday, January 26 by Cowen & Co. Credit Suisse maintained Starbucks Corporation (NASDAQ:SBUX) on Friday, January 26 with "Hold" rating.

"They did a service that they were called to do", Ross says of the officers. On Friday, January 26 the company was maintained by Piper Jaffray. The rating was maintained by Scotia Capital on Tuesday, January 30 with "Hold". They set a "buy" rating on the stock. On Thursday, March 15 the rating was maintained by UBS with "Buy". 54 funds opened positions while 59 raised stakes. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.01 and a quick ratio of 0.81.

The company has a market cap of $83,534.80, a price-to-earnings ratio of 28.76, a P/E/G ratio of 1.65 and a beta of 0.64.

Starbucks Corporation (NASDAQ:SBUX) last released its quarterly earnings data on Thursday, January 26th. The business had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $6.19 billion. The firm's quarterly revenue was up 5.9% on a year-over-year basis. Another trade for 50,000 shares valued at $3.50 million was sold by BURKE ZANE M. On Wednesday, March 7 the insider ILLIG CLIFFORD W sold $19.85 million. WEATHERUP CRAIG sold $3.60 million worth of stock. The shares were sold at an average price of $55.23, for a total transaction of $324,089.64. The transaction was disclosed in a filing with the SEC, which is available through this link.

For those seeking an alternative to Starbucks following this incident, there are a number of black-owned coffee and tea businesses happy to recieve your business. The shares were sold at an average price of $58.65, for a total transaction of $9,900,941.10. Institutional investors own 73.52% of the company's stock. The disclosure for this sale can be found here. Following the completion of the transaction, the director now owns 39,000 shares in the company, valued at $2,126,280.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by and is the sole property of of If you are viewing this piece of content on another website, it was illegally copied and reposted in violation of worldwide copyright laws. Geode Capital Management LLC increased its holdings in shares of Starbucks by 1.9% in the 4th quarter.

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