Garde Capital Increases Stake in Starbucks (SBUX); As Thermo Fisher Scientific (TMO) Market Value Declined, Holder Alta Capital Management Trimmed Position

Thermo Fisher Scientific Inc. (NYSE:TMO) Logo

Garde Capital Inc increased its stake in Starbucks Corp (SBUX) by 16.35% based on its latest 2018Q3 regulatory filing with the SEC. Garde Capital Inc bought 5,969 shares as the company’s stock rose 19.14% while stock markets declined. The institutional investor held 42,485 shares of the restaurants company at the end of 2018Q3, valued at $2.87 million, up from 36,516 at the end of the previous reported quarter. Garde Capital Inc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.83B market cap company. The stock decreased 0.30% or $0.19 during the last trading session, reaching $63.54. About 5.58 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 10.74% since January 14, 2018 and is uptrending. It has outperformed by 10.74% the S&P500. Some Historical SBUX News: 29/03/2018 – CALIFORNIA JUDGE RULES AGAINST STARBUCKS, OTHER COFFEE COMPANIES IN CANCER WARNING LABEL LAWSUIT; 07/05/2018 – STARBUCKS TO USE PROCEEDS PRIMARILY TO ACCELERATE SHR BUYBACKS; 26/04/2018 – Starbucks Sees FY18 Adj EPS $2.48-Adj EPS $2.53; 01/05/2018 – Starbucks Turns to Top California Court to Axe `Trifling’ Claims; 21/03/2018 – STARBUCKS CORP – REITERATES COMMITMENT TO RETURN $15 BLN TO SHAREHOLDERS THROUGH NEXT THREE YEARS; 08/05/2018 – California judge finalizes ruling on coffee cancer warnings; 18/04/2018 – Starbucks is closing for an afternoon in May and it could cost them millions; 13/03/2018 – Starbucks signs licensing agreement with Brazil private equity firm; 17/04/2018 – Starbucks Began Review of Training and Practices Earlier This Week; 26/04/2018 – Young people are dumping Starbucks ahead of earnings

Alta Capital Management Llc decreased its stake in Thermo Fisher Scientific (TMO) by 21.92% based on its latest 2018Q3 regulatory filing with the SEC. Alta Capital Management Llc sold 43,655 shares as the company’s stock declined 0.05% with the market. The institutional investor held 155,494 shares of the industrial machinery and components company at the end of 2018Q3, valued at $37.95 million, down from 199,149 at the end of the previous reported quarter. Alta Capital Management Llc who had been investing in Thermo Fisher Scientific for a number of months, seems to be less bullish one the $94.79B market cap company. The stock decreased 1.90% or $4.55 during the last trading session, reaching $235.45. About 690,253 shares traded. Thermo Fisher Scientific Inc. (NYSE:TMO) has risen 27.72% since January 14, 2018 and is uptrending. It has outperformed by 27.72% the S&P500. Some Historical TMO News: 25/04/2018 – Thermo Fisher 1Q Rev $5.85B; 25/04/2018 – THERMO FISHER SEES FY ADJ EPS $10.80 TO $10.96, EST. $10.83; 25/04/2018 – GLOBALSTAR INC – SIGNED A MERGER AGREEMENT WITH THERMO ACQUISITIONS INC; 30/04/2018 – Mudrick Capital: Opposes Globalstar Inc.’s Proposed Merger Deal With Thermo Acquisitions Subsidiary; 16/04/2018 – Thermo Fisher Scientific Launches Oncomine Childhood Cancer Research Assay and Establishes International Childhood Oncology Network; 03/04/2018 – Rapid Mycoplasma Testing Method Now Accepted by Regulators for QA/QC and Lot Release; 30/04/2018 – MUDRICK SAYS THERMO ACQUISITIONS MERGER NOT IN BEST INTEREST; 28/03/2018 – BIOCEPT, THERMO FISHER SCIENTIFIC ANNOUNCE PACT; 13/04/2018 – Olerup QTYPE® Receives CE Mark Certification; 25/04/2018 – Parent Co Will Be Renamed Thermo Companies, Inc., and Its Stk Will Continue to Trade Publicly

Since October 1, 2018, it had 0 insider buys, and 5 insider sales for $39.04 million activity. 1,100 shares valued at $277,176 were sold by Jacks Tyler on Tuesday, December 4. The insider Herrema Gregory J. sold 17,235 shares worth $4.26M. Williamson Stephen sold 9,500 shares worth $2.29 million.

Investors sentiment decreased to 0.85 in 2018 Q3. Its down 0.23, from 1.08 in 2018Q2. It dived, as 41 investors sold TMO shares while 434 reduced holdings. 111 funds opened positions while 295 raised stakes. 333.46 million shares or 0.38% more from 332.19 million shares in 2018Q2 were reported. Amica Retiree Med owns 2,937 shares. Bowen Hanes And Communications owns 2.19% invested in Thermo Fisher Scientific Inc. (NYSE:TMO) for 203,359 shares. Confluence Wealth Management Limited, Oregon-based fund reported 6,869 shares. Tiaa Cref Invest Mngmt Ltd Liability stated it has 0.16% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). 228,861 were accumulated by Los Angeles Cap Mgmt And Equity Research. Atalanta Sosnoff Capital Ltd Company holds 2,195 shares or 0.02% of its portfolio. John G Ullman And Associate Incorporated, New York-based fund reported 26,750 shares. Azimuth Mgmt Limited Company reported 0.05% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Cleararc Cap reported 9,310 shares. Weitz Inc stated it has 1.15% in Thermo Fisher Scientific Inc. (NYSE:TMO). 13,670 are owned by Everett Harris And Co Ca. Andra Ap holds 17,400 shares. Essex Fincl Services has invested 0.72% of its portfolio in Thermo Fisher Scientific Inc. (NYSE:TMO). Tekla Capital Ltd Com, Massachusetts-based fund reported 180,395 shares. Arrow reported 13,505 shares or 0.69% of all its holdings.

Analysts await Thermo Fisher Scientific Inc. (NYSE:TMO) to report earnings on January, 30 before the open. They expect $3.19 earnings per share, up 14.34% or $0.40 from last year’s $2.79 per share. TMO’s profit will be $1.28B for 18.45 P/E if the $3.19 EPS becomes a reality. After $2.62 actual earnings per share reported by Thermo Fisher Scientific Inc. for the previous quarter, Wall Street now forecasts 21.76% EPS growth.

Alta Capital Management Llc, which manages about $1.48 billion and $1.80 billion US Long portfolio, upped its stake in Cerner Corp (NASDAQ:CERN) by 6,959 shares to 315,824 shares, valued at $20.34M in 2018Q3, according to the filing. It also increased its holding in Western Alliance Banc (NYSE:WAL) by 6,537 shares in the quarter, for a total of 305,271 shares, and has risen its stake in Walt Disney Co (NYSE:DIS).

Among 20 analysts covering Thermo Fisher Scientific (NYSE:TMO), 17 have Buy rating, 0 Sell and 3 Hold. Therefore 85% are positive. Thermo Fisher Scientific had 74 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) earned “Buy” rating by Barclays Capital on Monday, September 25. The stock of Thermo Fisher Scientific Inc. (NYSE:TMO) has “Outperform” rating given on Thursday, November 10 by Leerink Swann. The firm has “Buy” rating by Leerink Swann given on Friday, April 28. The rating was downgraded by Cleveland on Thursday, October 18 to “Neutral”. Cleveland downgraded the shares of TMO in report on Friday, September 9 to “Neutral” rating. Jefferies maintained the stock with “Hold” rating in Wednesday, September 27 report. Barclays Capital maintained it with “Overweight” rating and $175 target in Tuesday, July 19 report. On Thursday, January 18 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was maintained by Morgan Stanley with “Overweight” on Wednesday, April 11. Deutsche Bank maintained the stock with “Buy” rating in Thursday, October 26 report.

More important recent Thermo Fisher Scientific Inc. (NYSE:TMO) news were published by: Seekingalpha.com which released: “Thermo Fisher in-licenses CRISPR technologies – Seeking Alpha” on September 18, 2018, also Benzinga.com published article titled: “Thermo Fisher Scientific Inc (NYSE:TMO) – Q3 Earnings Preview: Thermo Fisher Scientific – Benzinga”, Seekingalpha.com published: “Thermo Fisher Scientific declares $0.17 dividend – Seeking Alpha” on November 08, 2018. More interesting news about Thermo Fisher Scientific Inc. (NYSE:TMO) was released by: Seekingalpha.com and their article: “Thermo Fisher Scientific beats by $0.07, beats on revenue – Seeking Alpha” with publication date: October 24, 2018.

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Fool.com which released: “Stock Market Power Rankings: Down Is the New Up – The Motley Fool” on December 16, 2018, also Investorplace.com with their article: “Apple’s Warning Is a Reason to Avoid Starbucks Stock – Investorplace.com” published on January 14, 2019, Nasdaq.com published: “BOJA vs. SBUX: Which Stock Should Value Investors Buy Now? – Nasdaq” on January 14, 2019. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “Starbucks Stock Has Multiple, Positive Catalysts – Nasdaq” published on December 28, 2018 as well as Benzinga.com‘s news article titled: “Goldman On Restaurants: Buy Texas Roadhouse (NASDAQ:TXRH), Sell Yum (NYSE:YUM), Hold Starbucks (NASDAQ:SBUX) – Benzinga” with publication date: January 12, 2019.

Among 41 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 18 Hold. Therefore 56% are positive. Starbucks Corporation had 138 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Tuesday, June 5 with “Outperform”. The company was maintained on Friday, November 2 by Wedbush. The stock has “Hold” rating by BMO Capital Markets on Tuesday, October 3. On Friday, January 26 the stock rating was maintained by Nomura with “Buy”. As per Friday, November 3, the company rating was maintained by Robert W. Baird. The company was maintained on Tuesday, July 24 by BMO Capital Markets. Piper Jaffray maintained the stock with “Buy” rating in Friday, July 28 report. As per Friday, January 26, the company rating was maintained by Barclays Capital. As per Thursday, September 3, the company rating was downgraded by Vetr. As per Wednesday, June 28, the company rating was maintained by Bernstein.

Garde Capital Inc, which manages about $500.62M and $594.68M US Long portfolio, decreased its stake in Ishares Tr (MUB) by 3,001 shares to 39,870 shares, valued at $4.28M in 2018Q3, according to the filing. It also reduced its holding in Vanguard Intl Equity Index F (VWO) by 33,879 shares in the quarter, leaving it with 551,899 shares, and cut its stake in Vanguard Whitehall Fds Inc (VWOB).

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.