Institute For Wealth Management Increased Stake in Starbucks (SBUX) by $5.02 Million as Shares Rose; Duff & Phelps Investment Management Co Holding In Enlink Midstream (ENLK) Was Has Increased

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Institute For Wealth Management Llc increased its stake in Starbucks Corp (SBUX) by 8010.45% based on its latest 2018Q3 regulatory filing with the SEC. Institute For Wealth Management Llc bought 88,115 shares as the company’s stock rose 19.14% while stock markets declined. The institutional investor held 89,215 shares of the restaurants company at the end of 2018Q3, valued at $5.11M, up from 1,100 at the end of the previous reported quarter. Institute For Wealth Management Llc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $79.70 billion market cap company. The stock increased 0.56% or $0.36 during the last trading session, reaching $64.24. About 4.73M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 10.74% since January 10, 2018 and is uptrending. It has outperformed by 10.74% the S&P500. Some Historical SBUX News: 29/03/2018 – FOX 5 DC: #BREAKING: Starbucks and other companies must carry cancer warning label on coffee sold in California, judge rules; 16/04/2018 – Starbucks CEO wants to meet black men arrested in U.S. cafe, apologize; 08/05/2018 – Starbucks Trying to Woo Afternoon Customers; 17/04/2018 – ABC11 EyewitnessNews: #BREAKING: Starbucks to close stores one afternoon in May for racial-bias educatio; 21/03/2018 – Starbucks Announces New Standard for Global Pay Equity; 26/04/2018 – SBUX SEES MODERATE DECLINE IN FY18 OPERATING MARGIN; 29/05/2018 – ♫ Reuters Insider – Starbucks closing stores for anti-bias training; 15/05/2018 – STARBUCKS CHINA CEO BELINDA WONG SPEAKS AT CHINA INVESTOR DAY; 14/03/2018 – Yonhap News Agency: Starbucks posts record operating profit in Korea in 2017; 26/04/2018 – STARBUCKS CORP – QTRLY GLOBAL COMPARABLE STORE SALES INCREASED 2%

Duff & Phelps Investment Management Co increased its stake in Enlink Midstream Llc (ENLK) by 2.9% based on its latest 2018Q3 regulatory filing with the SEC. Duff & Phelps Investment Management Co bought 54,200 shares as the company’s stock declined 31.77% with the market. The institutional investor held 1.93 million shares of the public utilities company at the end of 2018Q3, valued at $35.89 million, up from 1.87M at the end of the previous reported quarter. Duff & Phelps Investment Management Co who had been investing in Enlink Midstream Llc for a number of months, seems to be bullish on the $4.71B market cap company. The stock decreased 3.70% or $0.51 during the last trading session, reaching $13.29. About 562,342 shares traded. EnLink Midstream Partners, LP (NYSE:ENLK) has declined 16.11% since January 10, 2018 and is downtrending. It has underperformed by 16.11% the S&P500. Some Historical ENLK News: 19/04/2018 – EnLink Midstream Declares Quarterly Distributions for First Quarter 2018; 16/05/2018 – MOODY’S AFFIRMS DEVON ENERGY & ENLINK AT Ba1; 16/05/2018 – Moody’s Affirms Devon Energy And Enlink At Ba1; 01/05/2018 – ENLINK MIDSTREAM PARTNERS 1Q REV. $1.76B, EST. $1.66B; 28/03/2018 – EnLink Midstream to Participate in Investor Conferences

Among 23 analysts covering Enlink Midstream Partners (NYSE:ENLK), 7 have Buy rating, 0 Sell and 16 Hold. Therefore 30% are positive. Enlink Midstream Partners had 80 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $2300 target in Sunday, July 30 report. Goldman Sachs maintained EnLink Midstream Partners, LP (NYSE:ENLK) on Thursday, May 12 with “Neutral” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $17 target in Thursday, November 8 report. The rating was downgraded by Barclays Capital on Monday, January 11 to “Equal Weight”. The firm has “Outperform” rating by Credit Suisse given on Friday, February 19. Guggenheim maintained EnLink Midstream Partners, LP (NYSE:ENLK) rating on Monday, April 16. Guggenheim has “Hold” rating and $1600 target. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, November 17 report. The firm has “Market Perform” rating given on Tuesday, October 23 by Raymond James. The firm has “Market Perform” rating by JP Morgan given on Tuesday, October 23. Stifel Nicolaus initiated the stock with “Hold” rating in Thursday, March 17 report.

More notable recent EnLink Midstream Partners, LP (NYSE:ENLK) news were published by: Gurufocus.com which released: “Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Index – GuruFocus.com” on December 21, 2018, also Seekingalpha.com with their article: “EnLink Midstream Partners, LP 2016 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on February 15, 2017, Prnewswire.com published: “EnLink Midstream, LLC to Acquire EnLink Midstream Partners, LP in a Simplification Transaction – PR Newswire” on October 22, 2018. More interesting news about EnLink Midstream Partners, LP (NYSE:ENLK) were released by: Seekingalpha.com and their article: “9% Yielder That You Should Avoid – Seeking Alpha” published on September 07, 2017 as well as Seekingalpha.com‘s news article titled: “An EnLink Distribution Cut Is Reasonable – Seeking Alpha” with publication date: May 25, 2018.

Duff & Phelps Investment Management Co, which manages about $9.24B and $6.61 billion US Long portfolio, decreased its stake in Equity Residential (NYSE:EQR) by 11,000 shares to 815,536 shares, valued at $54.04M in 2018Q3, according to the filing. It also reduced its holding in Ctrip.Com Intl (NASDAQ:CTRP) by 38,629 shares in the quarter, leaving it with 233,036 shares, and cut its stake in Andeavor Logistics L.

Institute For Wealth Management Llc, which manages about $311.71 million and $296.29M US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 4,205 shares to 12,044 shares, valued at $1.46 million in 2018Q3, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 11,387 shares in the quarter, leaving it with 24,791 shares, and cut its stake in Vanguard Scottsdale Fds (VCIT).

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Investorplace.com which released: “The Perfect Spot to Buy AMD Stock – Investorplace.com” on December 31, 2018, also Nasdaq.com with their article: “Can Chipotle Stock Be An Investor Safe Haven During This Correction? – Nasdaq” published on December 20, 2018, Seekingalpha.com published: “Why Starbucks Is Past Its Prime – Seeking Alpha” on December 17, 2018. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Seekingalpha.com and their article: “Starbucks At Historic Low – Seeking Alpha” published on January 02, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy ETF Outflows: XLY, NKE, SBUX, BKNG – Nasdaq” with publication date: December 31, 2018.

Investors sentiment increased to 0.79 in 2018 Q3. Its up 0.03, from 0.76 in 2018Q2. It improved, as 78 investors sold SBUX shares while 489 reduced holdings. 128 funds opened positions while 322 raised stakes. 905.08 million shares or 2.60% less from 929.26 million shares in 2018Q2 were reported. Griffin Asset Inc accumulated 0.54% or 64,935 shares. Wms Ptnrs Limited Liability Company reported 4,820 shares stake. Boys Arnold owns 0.05% invested in Starbucks Corporation (NASDAQ:SBUX) for 6,005 shares. Dowling And Yahnke Ltd Liability holds 0.55% or 110,723 shares. Pioneer Bancshares N A Or invested in 0.27% or 10,910 shares. Mackay Shields Limited Liability Corp accumulated 403,432 shares. Shell Asset Mngmt Comm accumulated 265,808 shares. Fincl Counselors invested 0.29% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Brookmont Cap accumulated 13,163 shares. Jpmorgan Chase Company stated it has 0.05% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 15,390 are held by Zevenbergen Capital Investments Ltd Liability Corporation. Tompkins Financial Corporation holds 0.29% or 24,881 shares in its portfolio. Moreover, Bokf Na has 0.19% invested in Starbucks Corporation (NASDAQ:SBUX). Toronto Dominion Comml Bank has 0.11% invested in Starbucks Corporation (NASDAQ:SBUX). Mercer Cap Advisers reported 0.7% of its portfolio in Starbucks Corporation (NASDAQ:SBUX).

Among 41 analysts covering Starbucks Corporation (NASDAQ:SBUX), 24 have Buy rating, 0 Sell and 17 Hold. Therefore 59% are positive. Starbucks Corporation had 137 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, July 28 by Cowen & Co. The company was maintained on Wednesday, June 20 by Mizuho. The firm has “Neutral” rating by Credit Suisse given on Friday, November 3. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, July 28 by Jefferies. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Hold” rating given on Friday, January 26 by Barclays Capital. Piper Jaffray maintained it with “Buy” rating and $70.0 target in Monday, February 5 report. The stock has “Buy” rating by Cowen & Co on Friday, January 19. The rating was maintained by RBC Capital Markets on Thursday, December 21 with “Buy”. UBS maintained the shares of SBUX in report on Monday, May 21 with “Buy” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, November 3 by UBS.

Since August 3, 2018, it had 1 insider buy, and 4 selling transactions for $15.56 million activity. $8.78 million worth of Starbucks Corporation (NASDAQ:SBUX) was sold by TERUEL JAVIER G. $270,200 worth of Starbucks Corporation (NASDAQ:SBUX) was bought by BREWER ROSALIND G on Monday, August 20.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart