Analyst Activity – Instinet Reiterates Buy on Starbucks Corporation (NASDAQ:SBUX)

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Analyst Ratings For Starbucks Corporation (NASDAQ:SBUX)

Today, Instinet reiterated its Buy rating on Starbucks Corporation (NASDAQ:SBUX) with a price target of $70.00.

There are 6 hold ratings, 24 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Starbucks Corporation (NASDAQ:SBUX) is Buy (Score: 2.84) with a consensus target price of $63.67 per share, a potential 15.07% upside.

Some recent analyst ratings include

  • 1/3/2017-Instinet Reiterated Rating of Buy.
  • 12/23/2016-RBC Capital Markets Reiterated Rating of Outperform.
  • 12/22/2016-BTIG Research Reiterated Rating of Buy.
  • 12/9/2016-Jefferies Group Reiterated Rating of Buy.
  • 12/9/2016-Wells Fargo & Company Reiterated Rating of Outperform.
  • 12/8/2016-Wedbush Reiterated Rating of Outperform.
  • 12/6/2016-Cowen and Company Reiterated Rating of Outperform.

Dividend information for Starbucks Corporation (NASDAQ:SBUX)

Starbucks Corporation (NASDAQ:SBUX) pays an annual dividend of $1.00 with a yield of 1.81%.

Dividend History for Starbucks Corporation (NASDAQ:SBUX)

  • On 11/3/2016 Starbucks Corporation announced a quarterly dividend of $0.25 1.9% with an ex dividend date of 11/15/2016 which will be payable on 12/2/2016.
  • On 7/21/2016 Starbucks Corporation announced a quarterly dividend of $0.20 1.38% with an ex dividend date of 8/2/2016 which will be payable on 8/19/2016.
  • On 4/21/2016 Starbucks Corporation announced a quarterly dividend of $0.20 1.39% with an ex dividend date of 5/3/2016 which will be payable on 5/20/2016.
  • On 1/21/2016 Starbucks Corporation announced a quarterly dividend of $0.20 1.39% with an ex dividend date of 2/2/2016 which will be payable on 2/19/2016.
  • On 10/29/2015 Starbucks Corporation announced a quarterly dividend of $0.20 1.28% with an ex dividend date of 11/9/2015 which will be payable on 11/27/2015.
  • On 7/23/2015 Starbucks Corporation announced a quarterly dividend of $0.16 1.12% with an ex dividend date of 8/4/2015 which will be payable on 8/21/2015.
  • On 4/27/2015 Starbucks Corporation announced a quarterly dividend of $0.16 1.26% with an ex dividend date of 5/5/2015 which will be payable on 5/22/2015.

Recent Insider Trading Activity For Starbucks Corporation (NASDAQ:SBUX)
Starbucks Corporation (NASDAQ:SBUX) has insider ownership of 3.38% and institutional ownership of 67.40%.

  • On 12/12/2016 John Culver, Insider, sold 168,814 with an average share price of $58.65 per share and the total transaction amounting to $9,900,941.10.
  • On 12/8/2016 Clifford Burrows, Insider, sold 80,000 with an average share price of $58.88 per share and the total transaction amounting to $4,710,400.00.
  • On 7/26/2016 Myron E Ullman III, Director, sold 12,654 with an average share price of $58.70 per share and the total transaction amounting to $742,789.80.
  • On 6/9/2016 Myron E Ullman III, Director, sold 20,000 with an average share price of $55.46 per share and the total transaction amounting to $1,109,200.00.
  • On 5/27/2016 William W Bradley, Director, sold 12,654 with an average share price of $55.34 per share and the total transaction amounting to $700,272.36.
  • On 5/16/2016 James G Shennan Jr, Director, sold 50,000 with an average share price of $55.57 per share and the total transaction amounting to $2,778,500.00.

About Starbucks Corporation (NASDAQ:SBUX)
Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores. It also sells a range of coffee and tea products and licenses its trademarks through other channels, such as licensed stores, grocery and national foodservice accounts. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (EMEA); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.

Recent Trading Activity for Starbucks Corporation (NASDAQ:SBUX)
Shares of Starbucks Corporation closed the previous trading session at 55.35 down -0.17 -0.31% with 7,809,307 shares trading hands.