Mufg Americas Holdings Has Raised Starbucks (SBUX) Stake; Insulet (PODD) Shorts Decreased By 10.12%

July 17, 2017 - By Vivian Currie

Mufg Americas Holdings Corp increased Starbucks Corp (SBUX) stake by 52.83% reported in 2016Q4 SEC filing. Mufg Americas Holdings Corp acquired 64,092 shares as Starbucks Corp (SBUX)’s stock rose 6.99%. The Mufg Americas Holdings Corp holds 185,413 shares with $10.29M value, up from 121,321 last quarter. Starbucks Corp now has $85.34 billion valuation. The stock declined 0.36% or $0.21 reaching $58.55 on the news. About 1.38 million 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.

Insulet Corporation (NASDAQ:PODD) had a decrease of 10.12% in short interest. PODD’s SI was 3.84 million shares in July as released by FINRA. Its down 10.12% from 4.28 million shares previously. With 407,400 avg volume, 9 days are for Insulet Corporation (NASDAQ:PODD)’s short sellers to cover PODD’s short positions. The SI to Insulet Corporation’s float is 6.72%. About 119,062 shares traded. Insulet Corporation (NASDAQ:PODD) has risen 48.83% since July 17, 2016 and is uptrending. It has outperformed by 32.13% the S&P500.

Investors sentiment decreased to 0.87 in Q4 2016. Its down 0.25, from 1.12 in 2016Q3. It dropped, as 26 investors sold Insulet Corporation shares while 58 reduced holdings. 21 funds opened positions while 52 raised stakes. 60.26 million shares or 0.42% more from 60.00 million shares in 2016Q3 were reported. 16,963 are owned by Fisher Asset Lc. Menta Limited Liability holds 0.11% or 33,650 shares. Manufacturers Life Insur The holds 39,173 shares. Gilder Gagnon Howe Ltd has 0.01% invested in Insulet Corporation (NASDAQ:PODD) for 14,970 shares. Principal Grp Incorporated has invested 0% in Insulet Corporation (NASDAQ:PODD). Allianz Asset Mgmt Ag holds 40,347 shares. Royal Retail Bank Of Canada has 5,101 shares for 0% of their portfolio. Quantitative Invest Mngmt Lc accumulated 16,500 shares or 0.02% of the stock. 745,042 are held by Northern Tru. The California-based Franklin Resource has invested 0.01% in Insulet Corporation (NASDAQ:PODD). Altrinsic Glob Limited Company accumulated 0.21% or 150,900 shares. State Board Of Administration Of Florida Retirement Sys, a Florida-based fund reported 41,344 shares. Hbk Lp owns 35,675 shares. Strs Ohio stated it has 2,300 shares. Old Bancorporation In holds 6,540 shares or 0.01% of its portfolio.

Since March 2, 2017, it had 3 insider purchases, and 4 insider sales for $3.48 million activity. On Thursday, May 11 Hopfield Jessica bought $99,783 worth of Insulet Corporation (NASDAQ:PODD) or 2,580 shares. Another trade for 3,000 shares valued at $116,077 was bought by Thomas Bradley A. $66,142 worth of Insulet Corporation (NASDAQ:PODD) was sold by Lemoine David A on Monday, May 1. 40,000 shares were sold by SOMMER REGINA O, worth $1.80M. Shares for $1.87 million were sold by Zakrzewski Joseph S on Thursday, March 2. Spears Michael P also bought $101,470 worth of Insulet Corporation (NASDAQ:PODD) shares.

Among 10 analysts covering Insulet Corporation (NASDAQ:PODD), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Insulet Corporation had 21 analyst reports since July 29, 2015 according to SRatingsIntel. As per Monday, November 2, the company rating was initiated by Morgan Stanley. Canaccord Genuity maintained Insulet Corporation (NASDAQ:PODD) on Monday, July 10 with “Hold” rating. The stock has “Outperform” rating by Northland Capital on Friday, November 6. As per Thursday, July 13, the company rating was maintained by Jefferies. The stock of Insulet Corporation (NASDAQ:PODD) has “Sell” rating given on Thursday, February 25 by Empire. On Thursday, August 4 the stock rating was maintained by Jefferies with “Buy”. The rating was upgraded by William Blair on Friday, April 29 to “Outperform”. The rating was downgraded by Benchmark on Thursday, August 13 to “Hold”. The stock of Insulet Corporation (NASDAQ:PODD) has “Outperform” rating given on Friday, January 6 by Robert W. Baird. The rating was maintained by Wedbush with “Outperform” on Tuesday, February 28.

Insulet Corporation is engaged in the development, manufacturing and sale of the OmniPod Insulin Management System , an insulin delivery system for people with insulin-dependent diabetes. The company has market cap of $2.96 billion. The Omnipod System features a self-adhesive disposable tubeless Omnipod device, which is worn on the body for approximately three days at a time and its wireless companion, the handheld Personal Diabetes Manager (PDM). It currently has negative earnings. The Omnipod System features two discreet devices that eliminate the need for a bulky pump, tubing and separate blood glucose meter, provides for virtually pain-free automated cannula insertion, communicates wirelessly and integrates a blood glucose meter.

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. The firm has “Buy” rating by Evercore given on Tuesday, April 5. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Friday, October 30. RBC Capital Markets has “Outperform” rating and $68 target. The firm has “Buy” rating given on Friday, July 24 by UBS. As per Monday, November 21, the company rating was initiated by Buckingham Research. OTR Global downgraded the shares of SBUX in report on Wednesday, July 13 to “Mixed” rating. The stock has “Hold” rating by Zacks on Monday, August 24. The company was maintained on Friday, July 22 by BTIG Research. As per Wednesday, September 21, the company rating was initiated by Longbow. The company was maintained on Monday, March 13 by Wedbush. The firm has “Buy” rating by Bernstein given on Friday, June 16.

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. Focused Wealth Mgmt holds 0.01% or 516 shares. Bremer Natl Association holds 0.53% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 34,890 shares. New York-based Deltec Asset Management Ltd has invested 0.46% in Starbucks Corporation (NASDAQ:SBUX). Wealthtrust has invested 0.04% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Natl Asset Management Incorporated invested 0.59% in Starbucks Corporation (NASDAQ:SBUX). Doheny Asset Management Ca invested 2.07% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Atlanta Cap Mngmt Comm L L C accumulated 895,910 shares or 0.32% of the stock. Hudson Bay Cap LP has 0.04% invested in Starbucks Corporation (NASDAQ:SBUX) for 34,820 shares. 61,686 are owned by Fiera. Crystal Rock Mngmt holds 46,680 shares or 1.7% of its portfolio. 21,610 were reported by Friedberg Investment. Cap Intl Ltd Ca invested 1.85% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Force Mgmt Lc has invested 1.04% in Starbucks Corporation (NASDAQ:SBUX). Marble Harbor Inv Counsel Ltd Limited Liability Company owns 12,458 shares. Davidson And Garrard Incorporated holds 0.92% in Starbucks Corporation (NASDAQ:SBUX) or 66,676 shares.

Mufg Americas Holdings Corp decreased Automatic Data Processing In (NASDAQ:ADP) stake by 5,091 shares to 151,920 valued at $15.61M in 2016Q4. It also reduced Verizon Communications Inc (NYSE:VZ) stake by 37,594 shares and now owns 669,263 shares. Time Warner Inc (NYSE:TWX) was reduced too.

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