Maplelane Capital Has Cut Starbucks (Call) (SBUX) Position, Sprague Resources LP (SRLP)’s Sentiment Is 0.61

July 17, 2017 - By Michael Collier

Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The company has market cap of $631.35 million.

Maplelane Capital Llc decreased Starbucks Corp (Call) (SBUX) stake by 46.05% reported in 2016Q4 SEC filing. Maplelane Capital Llc sold 262,500 shares as Starbucks Corp (Call) (SBUX)’s stock rose 6.99%. The Maplelane Capital Llc holds 307,500 shares with $17.07 million value, down from 570,000 last quarter. Starbucks Corp (Call) now has $85.01B valuation. The stock declined 0.74% or $0.43 reaching $58.33 per share. About 3.82M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since July 17, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $66,173 activity.

Doheny Asset Management Ca holds 0.86% of its portfolio in Sprague Resources LP for 62,950 shares. Spirit Of America Management Corp Ny owns 217,863 shares or 0.71% of their US portfolio. Moreover, Kayne Anderson Capital Advisors Lp has 0.24% invested in the company for 838,707 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.12% in the stock. Harvest Fund Advisors Llc, a Pennsylvania-based fund reported 364,832 shares.

Analysts await Sprague Resources LP (NYSE:SRLP) to report earnings on August, 4. They expect $-0.02 EPS, up 95.83% or $0.46 from last year’s $-0.48 per share. After $2.94 actual EPS reported by Sprague Resources LP for the previous quarter, Wall Street now forecasts -100.68% negative EPS growth.

About 29,027 shares traded. Sprague Resources LP (SRLP) has risen 13.18% since July 17, 2016 and is uptrending. It has underperformed by 3.52% the S&P500.

Maplelane Capital Llc increased Hewlett Packard Enterprise C stake by 97,173 shares to 253,173 valued at $5.86 million in 2016Q4. It also upped Tripadvisor Inc (Put) (NASDAQ:TRIP) stake by 757,500 shares and now owns 992,500 shares. Brocade Communications Sys I (Call) (NASDAQ:BRCD) was raised too.

Since January 31, 2017, it had 0 insider buys, and 7 selling transactions for $16.96 million activity. The insider ULLMAN MYRON E III sold $606,300. BURROWS CLIFFORD sold $6.83M worth of stock or 114,826 shares. On Tuesday, January 31 Ramo Joshua Cooper sold $324,114 worth of Starbucks Corporation (NASDAQ:SBUX) or 5,868 shares. The insider BRADLEY WILLIAM W sold 113,346 shares worth $6.15 million.

Investors sentiment increased to 1.14 in 2016 Q4. Its up 0.08, from 1.06 in 2016Q3. It increased, as 59 investors sold SBUX shares while 450 reduced holdings. 127 funds opened positions while 452 raised stakes. 970.72 million shares or 1.73% more from 954.23 million shares in 2016Q3 were reported. Lederer Assocs Investment Counsel Ca holds 2% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 36,265 shares. Riggs Asset Managment reported 0.01% in Starbucks Corporation (NASDAQ:SBUX). Baxter Bros has 6,591 shares. Ironbridge Mngmt Limited Partnership reported 1.71% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Johnson Group Incorporated holds 11,605 shares or 0.1% of its portfolio. Dynamic Advsrs Solutions Ltd reported 25,096 shares stake. Intrust Financial Bank Na holds 26,218 shares. 899,430 are owned by Mirae Asset Glob Ltd. Winslow Evans And Crocker reported 0% in Starbucks Corporation (NASDAQ:SBUX). Ckw Financial Grp Inc reported 2,080 shares. Strs Ohio has 1.75M shares. Boltwood Cap Mgmt reported 0.66% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Gardner Lewis Asset Mngmt Lp accumulated 49,174 shares or 0.21% of the stock. Bluecrest Capital Management Limited reported 20,000 shares stake. Hedeker Wealth Limited Co invested in 0.92% or 20,169 shares.

Among 24 analysts covering Starbucks Corporation (NASDAQ:SBUX), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. Starbucks Corporation had 41 analyst reports since July 28, 2015 according to SRatingsIntel. As per Tuesday, June 13, the company rating was maintained by Jefferies. The firm has “Buy” rating by UBS given on Wednesday, June 28. Zacks upgraded the shares of SBUX in report on Monday, August 24 to “Hold” rating. On Wednesday, July 12 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was maintained by UBS on Friday, July 24 with “Buy”. Wedbush maintained the stock with “Outperform” rating in Wednesday, September 28 report. Wedbush maintained it with “Outperform” rating and $70 target in Friday, July 22 report. The firm has “Hold” rating by Deutsche Bank given on Wednesday, November 2. The rating was upgraded by Deutsche Bank to “Buy” on Monday, May 15. The company was maintained on Friday, July 22 by BTIG Research.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: