Investors sold shares of Starbucks Corp. (NASDAQ:SBUX) on strength during trading hours on Thursday. $104.09 million flowed into the stock on the tick-up and $127.32 million flowed out of the stock on the tick-down, for a money net flow of $23.23 million out of the stock. Of all stocks tracked, Starbucks Corp. had the 0th highest net out-flow for the day. Starbucks Corp. traded up $0.06 for the day and closed at $57.60

A number of equities analysts have recently weighed in on SBUX shares. Morgan Stanley reissued an “overweight” rating on shares of Starbucks Corp. in a research report on Wednesday, June 29th. Jefferies Group reaffirmed a “buy” rating on shares of Starbucks Corp. in a research report on Tuesday, July 5th. OTR Global cut shares of Starbucks Corp. from a “postive” rating to a “positive” rating in a research report on Wednesday, July 13th. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $72.00 price objective on shares of Starbucks Corp. in a research report on Monday, March 28th. Finally, Vetr raised shares of Starbucks Corp. from a “buy” rating to a “strong-buy” rating and set a $63.90 price objective on the stock in a research report on Thursday, July 7th. Six equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $67.67.

The firm has a 50 day moving average price of $56.02 and a 200 day moving average price of $57.48. The stock has a market capitalization of $84.38 billion and a P/E ratio of 34.08.

Starbucks Corp. (NASDAQ:SBUX) last released its quarterly earnings results on Thursday, July 21st. The coffee company reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. The firm had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.34 billion. On average, analysts forecast that Starbucks Corp. will post $1.89 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 19th. Investors of record on Thursday, August 4th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.39%.

In other news, Director Myron E. Ullman III sold 20,000 shares of Starbucks Corp. stock in a transaction dated Thursday, June 9th. The shares were sold at an average price of $55.46, for a total value of $1,109,200.00. Following the completion of the transaction, the director now owns 34,000 shares in the company, valued at $1,885,640. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John Culver sold 145,530 shares of Starbucks Corp. stock in a transaction dated Monday, May 9th. The stock was sold at an average price of $56.71, for a total transaction of $8,253,006.30. Following the completion of the transaction, the insider now owns 334,982 shares of the company’s stock, valued at approximately $18,996,829.22. The disclosure for this sale can be found here.

Several institutional investors have bought and sold shares of SBUX. Columbia Asset Management increased its position in Starbucks Corp. by 0.3% in the fourth quarter. Columbia Asset Management now owns 57,703 shares of the coffee company’s stock valued at $3,464,000 after buying an additional 200 shares during the last quarter. Stephens Inc. AR increased its position in Starbucks Corp. by 0.5% in the fourth quarter. Stephens Inc. AR now owns 69,558 shares of the coffee company’s stock valued at $4,176,000 after buying an additional 313 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its position in Starbucks Corp. by 0.3% in the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 98,189 shares of the coffee company’s stock valued at $5,894,000 after buying an additional 330 shares during the last quarter. Ameritas Investment Partners Inc. increased its position in Starbucks Corp. by 0.7% in the fourth quarter. Ameritas Investment Partners Inc. now owns 52,831 shares of the coffee company’s stock valued at $3,171,000 after buying an additional 378 shares during the last quarter. Finally, LS Investment Advisors LLC increased its position in Starbucks Corp. by 1.8% in the fourth quarter. LS Investment Advisors LLC now owns 28,577 shares of the coffee company’s stock valued at $1,715,000 after buying an additional 515 shares during the last quarter.

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.

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