Market News

Macguire Cheswick & Tuttle Investment Counsel Has Trimmed Starbucks (SBUX) Position as Share Price Rose; Rmb Capital Management Stake in Evans Bancorp (EVBN) Raised as Market Value Rose

Starbucks Corporation (NASDAQ:SBUX) Logo

Macguire Cheswick & Tuttle Investment Counsel Llc decreased its stake in Starbucks Corp (SBUX) by 3.92% based on its latest 2017Q4 regulatory filing with the SEC. Macguire Cheswick & Tuttle Investment Counsel Llc sold 8,200 shares as the company’s stock rose 0.28% while stock markets declined. The institutional investor held 201,071 shares of the restaurants company at the end of 2017Q4, valued at $11.55 million, down from 209,271 at the end of the previous reported quarter. Macguire Cheswick & Tuttle Investment Counsel Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $81.12 billion market cap company. The stock decreased 0.17% or $0.1 during the last trading session, reaching $57.71. About 6.41M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 26, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Rmb Capital Management Llc increased its stake in Evans Bancorp Inc (EVBN) by 2.24% based on its latest 2017Q4 regulatory filing with the SEC. Rmb Capital Management Llc bought 7,679 shares as the company’s stock rose 6.66% while stock markets declined. The hedge fund held 351,218 shares of the finance company at the end of 2017Q4, valued at $14.72M, up from 343,539 at the end of the previous reported quarter. Rmb Capital Management Llc who had been investing in Evans Bancorp Inc for a number of months, seems to be bullish on the $220.71 million market cap company. The stock increased 2.33% or $1.05 during the last trading session, reaching $46.1. About 8,277 shares traded. Evans Bancorp, Inc. (NYSEMKT:EVBN) has risen 15.30% since April 26, 2017 and is uptrending. It has outperformed by 3.75% the S&P500.

Investors sentiment increased to 2.82 in 2017 Q4. Its up 0.82, from 2 in 2017Q3. It is positive, as 6 investors sold EVBN shares while 5 reduced holdings. 9 funds opened positions while 22 raised stakes. 2.51 million shares or 3.03% less from 2.59 million shares in 2017Q3 were reported. Moreover, Qci Asset Mgmt New York has 0% invested in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Tiaa Cref Mngmt Limited Co stated it has 11,848 shares. Bnp Paribas Arbitrage Sa invested in 1,361 shares. Barclays Plc stated it has 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Strs Ohio reported 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Fincl Bank Of America De stated it has 722 shares. Wellington Mgmt Grp Limited Liability Partnership holds 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) for 169,368 shares. Wells Fargo And Mn reported 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). Blackrock holds 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) for 202,510 shares. Weatherly Asset Mgmt Ltd Partnership owns 4,823 shares. 69 were accumulated by Meeder Asset Management. Maltese Management Ltd Liability accumulated 260,220 shares or 0.82% of the stock. Ameritas Prtnrs Incorporated invested 0% of its portfolio in Evans Bancorp, Inc. (NYSEAMERICAN:EVBN). State Street Corp accumulated 71,945 shares. 31,701 are owned by Bridgeway Mngmt.

Rmb Capital Management Llc, which manages about $3.98 billion and $3.85 billion US Long portfolio, decreased its stake in Invesco Value Mun Income Tr (IIM) by 113,376 shares to 28,433 shares, valued at $424,000 in 2017Q4, according to the filing. It also reduced its holding in Copart Inc (NASDAQ:CPRT) by 24,788 shares in the quarter, leaving it with 116,678 shares, and cut its stake in Ionis Pharmaceuticals Inc.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 105 analyst reports since July 28, 2015 according to SRatingsIntel. As per Wednesday, May 4, the company rating was maintained by Goldman Sachs. Vetr downgraded Starbucks Corporation (NASDAQ:SBUX) rating on Friday, August 28. Vetr has “Strong-Buy” rating and $61.36 target. On Monday, August 24 the stock rating was upgraded by Zacks to “Hold”. Nomura maintained the stock with “Buy” rating in Friday, January 26 report. The firm has “Buy” rating by Robert W. Baird given on Tuesday, January 2. The rating was downgraded by Cowen & Co on Friday, April 13 to “Market Perform”. The company was initiated on Wednesday, December 27 by Tigress Financial. The company was maintained on Friday, November 3 by UBS. The firm has “Hold” rating given on Thursday, January 25 by BMO Capital Markets. The company was maintained on Friday, January 26 by Oppenheimer.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *