Arlington Financial Advisors LLC Has $3.28 Million Stock Position in Starbucks Co. (NASDAQ:SBUX)

Arlington Financial Advisors LLC increased its holdings in shares of Starbucks Co. (NASDAQ:SBUX - Free Report) by 17.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 33,410 shares of the coffee company's stock after purchasing an additional 4,964 shares during the period. Arlington Financial Advisors LLC's holdings in Starbucks were worth $3,277,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Capital & Planning LLC boosted its holdings in Starbucks by 40.7% in the 4th quarter. Capital & Planning LLC now owns 12,039 shares of the coffee company's stock valued at $1,099,000 after purchasing an additional 3,483 shares during the period. Brighton Jones LLC boosted its position in shares of Starbucks by 86.5% during the 4th quarter. Brighton Jones LLC now owns 176,722 shares of the coffee company's stock valued at $16,126,000 after acquiring an additional 81,952 shares in the last quarter. Strategic Blueprint LLC increased its stake in Starbucks by 34.7% in the fourth quarter. Strategic Blueprint LLC now owns 2,890 shares of the coffee company's stock valued at $264,000 after acquiring an additional 745 shares during the period. Clear Creek Financial Management LLC raised its position in Starbucks by 32.4% in the fourth quarter. Clear Creek Financial Management LLC now owns 7,837 shares of the coffee company's stock worth $715,000 after purchasing an additional 1,917 shares in the last quarter. Finally, Chicago Partners Investment Group LLC lifted its stake in Starbucks by 1.5% during the fourth quarter. Chicago Partners Investment Group LLC now owns 16,617 shares of the coffee company's stock worth $1,539,000 after purchasing an additional 245 shares during the period. Institutional investors own 72.29% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on SBUX. Barclays decreased their price objective on Starbucks from $106.00 to $98.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Guggenheim decreased their price objective on Starbucks from $95.00 to $83.00 and set a "neutral" rating on the stock in a report on Tuesday, April 29th. Argus raised Starbucks from a "hold" rating to a "buy" rating and set a $115.00 price objective on the stock in a report on Tuesday, March 18th. Baird R W downgraded Starbucks from a "strong-buy" rating to a "hold" rating in a report on Monday, April 7th. Finally, JPMorgan Chase & Co. reduced their target price on Starbucks from $105.00 to $100.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $97.92.

Starbucks Stock Up 0.1%

Starbucks stock traded up $0.06 during mid-day trading on Thursday, hitting $88.17. 3,796,164 shares of the company's stock were exchanged, compared to its average volume of 11,048,972. The firm has a market capitalization of $100.20 billion, a P/E ratio of 28.44, a PEG ratio of 3.59 and a beta of 1.00. Starbucks Co. has a fifty-two week low of $71.55 and a fifty-two week high of $117.46. The company's 50 day simple moving average is $84.85 and its 200-day simple moving average is $95.35.

Starbucks (NASDAQ:SBUX - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The coffee company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.10). Starbucks had a net margin of 9.73% and a negative return on equity of 44.97%. The firm had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.90 billion. During the same period in the prior year, the business earned $0.68 EPS. The business's revenue for the quarter was up 2.3% compared to the same quarter last year. Research analysts expect that Starbucks Co. will post 2.99 EPS for the current year.

Starbucks Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were paid a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 2.77%. The ex-dividend date of this dividend was Friday, May 16th. Starbucks's dividend payout ratio is 88.41%.

Starbucks Company Profile

Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of 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.