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Northstar Asset Management Lowered Holding in Starbucks (SBUX) by $758,100; Torray Has Trimmed Its Holding in Accenture (ACN) by $1.64 Million as Stock Declined

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Torray Llc decreased its stake in Accenture (ACN) by 8.95% based on its latest 2018Q1 regulatory filing with the SEC. Torray Llc sold 10,718 shares as the company’s stock declined 5.31% with the market. The institutional investor held 109,054 shares of the business services company at the end of 2018Q1, valued at $16.74 million, down from 119,772 at the end of the previous reported quarter. Torray Llc who had been investing in Accenture for a number of months, seems to be less bullish one the $102.91B market cap company. The stock decreased 1.08% or $1.74 during the last trading session, reaching $160.03. About 1.94M shares traded. Accenture plc (NYSE:ACN) has risen 26.72% since June 21, 2017 and is uptrending. It has outperformed by 14.15% the S&P500. Some Historical ACN News: 22/03/2018 – Investment in lnsurtech Industry Surged in 2017, with Europe Emerging as Key lnsurtech Hub, Accenture Analysis Finds; 22/03/2018 – Accenture has spent more than $3 billion over the last three, years nearly half of it in fiscal 2017 on some 70 acquisitions, to boost its digital and cloud services in order to compete better with Cognizant and IBM; 22/03/2018 – ACCENTURE PLC – COMPANY DECLARES SEMI-ANNUAL CASH DIVIDEND OF $1.33 PER SHARE; 13/05/2018 – Accenture Delivers Digital Asset Management Program to Help Shaanxi Electric Boost Performance and Reduce Operating Costs; 30/05/2018 – Sanofi Chooses Accenture Interactive to Create UWell’s Healthcare Platform to Better Serve Consumers; 30/04/2018 – Accenture: Terms of Certus Deal Were Not Disclosed; 26/04/2018 – Accenture to Help Swisscom Enhance Its Customer Experience; 22/03/2018 – ACCENTURE ACN.N SEES FY 2018 ADJUSTED SHR $6.61 TO $6.70; 12/04/2018 – Accenture Appoints Venkata “Murthy” Renduchintala, Executive Officer at Intel, to Board of Directors; 03/04/2018 – Accenture Publishes 2017 Corporate Citizenship Report

Northstar Asset Management Llc decreased its stake in Starbucks Corp (SBUX) by 26.53% based on its latest 2018Q1 regulatory filing with the SEC. Northstar Asset Management Llc sold 13,300 shares as the company’s stock rose 1.31% while stock markets declined. The institutional investor held 36,829 shares of the restaurants company at the end of 2018Q1, valued at $2.13M, down from 50,129 at the end of the previous reported quarter. Northstar Asset Management Llc who had been investing in Starbucks Corp for a number of months, seems to be less bullish one the $69.86B market cap company. The stock decreased 3.06% or $1.6 during the last trading session, reaching $50.62. About 29.45 million shares traded or 225.97% up from the average. Starbucks Corporation (NASDAQ:SBUX) has declined 7.92% since June 21, 2017 and is downtrending. It has underperformed by 20.49% the S&P500. Some Historical SBUX News: 01/05/2018 – Starbucks Coffee (SBUX) on Watch Amid Chatter; 16/04/2018 – Starbucks, Chipotle and others are offering up a new employee perk: Paying for their education; 07/05/2018 – STARBUCKS, NESTLE FORM GLOBAL COFFEE ALLIANCE TO ELEVATE,; 22/05/2018 – Starbucks has updated its guest policy to allow people to use its cafe and restrooms without making a purchase; 23/03/2018 – Starbucks’ (SBUX) 2018 Annual Meeting of Shareholders Conference (Transcript); 18/04/2018 – For CEOs in crisis, Starbucks offers an ‘instructive playbook’; 07/05/2018 – Nestle To Pay $7.15 Billion To Starbucks In Global Marketing Deal — MarketWatch; 08/05/2018 – Google eases tech stress with app controls, table-booking assistant; 26/04/2018 – Starbucks sales perk up but outlook uncertain; 16/04/2018 – Philly OEM: City Offices Release Statements Regarding Starbucks Incident

Investors sentiment increased to 0.97 in 2018 Q1. Its up 0.04, from 0.93 in 2017Q4. It is positive, as 50 investors sold ACN shares while 396 reduced holdings. 105 funds opened positions while 326 raised stakes. 449.75 million shares or 1.56% less from 456.89 million shares in 2017Q4 were reported. Guardian Life Ins Of America owns 1,422 shares. Ing Groep Nv holds 0.19% in Accenture plc (NYSE:ACN) or 69,229 shares. Cadinha And Limited Com stated it has 1.94% of its portfolio in Accenture plc (NYSE:ACN). Gulf National Bank & Trust (Uk) Ltd reported 0.39% of its portfolio in Accenture plc (NYSE:ACN). Northstar Inv Advsr Limited Liability Corporation stated it has 2,100 shares. Busey Tru Co has 1.2% invested in Accenture plc (NYSE:ACN) for 73,930 shares. Pinebridge Invs LP stated it has 18,244 shares or 0.07% of all its holdings. Hourglass Cap Lc accumulated 2,500 shares. Gateway Investment Advisers Ltd Liability Com reported 0.05% of its portfolio in Accenture plc (NYSE:ACN). The New Jersey-based Mcrae has invested 3.98% in Accenture plc (NYSE:ACN). Moreover, M&T Comml Bank has 0.1% invested in Accenture plc (NYSE:ACN). Moreover, Haverford Financial Serv has 4.47% invested in Accenture plc (NYSE:ACN). First Hawaiian Comml Bank has invested 0.04% of its portfolio in Accenture plc (NYSE:ACN). Jacobs Levy Equity Mgmt Inc reported 50,346 shares. Ghp Advsrs Inc invested 0.23% of its portfolio in Accenture plc (NYSE:ACN).

Torray Llc, which manages about $624.45M and $963.83 million US Long portfolio, upped its stake in Unitedhealth Group (NYSE:UNH) by 2,323 shares to 39,402 shares, valued at $8.43 million in 2018Q1, according to the filing. It also increased its holding in Aspen Technology (NASDAQ:AZPN) by 5,247 shares in the quarter, for a total of 17,674 shares, and has risen its stake in Berkshire Hathaway B (BRKB).

Analysts await Accenture plc (NYSE:ACN) to report earnings on June, 28 before the open. They expect $1.71 EPS, up 12.50% or $0.19 from last year’s $1.52 per share. ACN’s profit will be $1.10B for 23.40 P/E if the $1.71 EPS becomes a reality. After $1.58 actual EPS reported by Accenture plc for the previous quarter, Wall Street now forecasts 8.23% EPS growth.

Another recent and important Accenture plc (NYSE:ACN) news was published by Benzinga.com which published an article titled: “10 Biggest Price Target Changes For Thursday” on June 21, 2018.

Among 26 analysts covering Accenture Plc (NYSE:ACN), 16 have Buy rating, 1 Sell and 9 Hold. Therefore 62% are positive. Accenture Plc had 98 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Accenture plc (NYSE:ACN) has “Hold” rating given on Thursday, September 28 by Societe Generale. The firm earned “Hold” rating on Wednesday, May 24 by SunTrust. Cowen & Co maintained the stock with “Buy” rating in Friday, December 22 report. Pivotal Research maintained the shares of ACN in report on Friday, December 22 with “Buy” rating. Jefferies maintained Accenture plc (NYSE:ACN) on Thursday, November 2 with “Hold” rating. The firm has “Buy” rating given on Thursday, December 14 by Cowen & Co. Robert W. Baird maintained the shares of ACN in report on Thursday, September 21 with “Hold” rating. On Thursday, September 28 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock of Accenture plc (NYSE:ACN) has “Hold” rating given on Monday, March 27 by Credit Suisse. The stock of Accenture plc (NYSE:ACN) earned “Buy” rating by Stifel Nicolaus on Thursday, September 7.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 20 have Buy rating, 0 Sell and 17 Hold. Therefore 54% are positive. Starbucks Corporation had 116 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Wednesday, June 20 with “Outperform”. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Monday, June 5 by Robert W. Baird. The firm has “Hold” rating by Stifel Nicolaus given on Monday, September 4. The rating was maintained by Piper Jaffray on Monday, February 5 with “Buy”. The company was maintained on Thursday, January 25 by Robert W. Baird. The company was downgraded on Thursday, March 29 by Wedbush. The company was downgraded on Thursday, September 3 by Vetr. The company was upgraded on Monday, May 15 by Deutsche Bank. Mizuho maintained the shares of SBUX in report on Wednesday, June 20 with “Neutral” rating. The firm earned “Outperform” rating on Friday, August 25 by Wedbush.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Seekingalpha.com which released: “Starbucks lifts coffee prices in the US” on June 07, 2018, also Investorplace.com with their article: “Thursday’s Vital Data: Micron, Starbucks and Oracle” published on June 21, 2018, Seekingalpha.com published: “Starbucks: $25 Billion To Nowhere” on June 21, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Streetinsider.com and their article: “Pre-Open Movers 06/20: (CLBS) (CLPS) (WGO) Higher; (LZB) (ORCL) (SBUX) Lower (more…)” published on June 20, 2018 as well as Nasdaq.com‘s news article titled: “Canadian Consumers Boycotting American Goods Is a Big Nothing Burger” with publication date: June 15, 2018.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on July, 26. They expect $0.65 EPS, up 18.18% or $0.10 from last year’s $0.55 per share. SBUX’s profit will be $897.01 million for 19.47 P/E if the $0.65 EPS becomes a reality. After $0.53 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 22.64% EPS growth.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.12, from 1.05 in 2017Q4. It dived, as 61 investors sold SBUX shares while 485 reduced holdings. 118 funds opened positions while 391 raised stakes. 955.12 million shares or 2.87% less from 983.38 million shares in 2017Q4 were reported. Credit Agricole S A has invested 0% in Starbucks Corporation (NASDAQ:SBUX). Quantitative Inv Management Lc reported 289,500 shares or 0.29% of all its holdings. Field & Main State Bank holds 13,100 shares. Waters Parkerson Ltd Company has invested 0.02% in Starbucks Corporation (NASDAQ:SBUX). Shell Asset Co reported 244,589 shares stake. One Management Limited Liability Company stated it has 0.11% in Starbucks Corporation (NASDAQ:SBUX). Moreover, Honeywell has 1.27% invested in Starbucks Corporation (NASDAQ:SBUX). The New York-based Joho Capital Limited Com has invested 0.44% in Starbucks Corporation (NASDAQ:SBUX). Highland Capital Ltd Liability has 19,140 shares for 0.09% of their portfolio. Moreover, Brown Advisory Incorporated has 0.13% invested in Starbucks Corporation (NASDAQ:SBUX) for 509,555 shares. De Burlo Incorporated reported 47,000 shares. Meiji Yasuda Life Insur Co reported 45,558 shares. Benin Mgmt Corporation accumulated 1.08% or 41,395 shares. The Ohio-based Sequoia Fin Lc has invested 0.1% in Starbucks Corporation (NASDAQ:SBUX). Walleye Trading Ltd Liability Corp stated it has 96,403 shares.

Northstar Asset Management Llc, which manages about $238.11 million US Long portfolio, upped its stake in Arista Networks Inc (NYSE:ANET) by 1,770 shares to 2,670 shares, valued at $681,000 in 2018Q1, according to the filing.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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