Starbucks (SBUX) Position Maintained by Thompson Davis & Co; Altalis Capital Management Cut Anthem (ANTM) Holding as Shares Rose

December 8, 2017 - By Linda Rogers

Thompson Davis & Co increased its stake in Starbucks Corp (SBUX) by 455% based on its latest 2017Q2 regulatory filing with the SEC. Thompson Davis & Co bought 6,916 shares as the company’s stock rose 6.99% with the market. The institutional investor held 8,436 shares of the restaurants company at the end of 2017Q2, valued at $492,000, up from 1,520 at the end of the previous reported quarter. Thompson Davis & Co who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $84.14B market cap company. The stock decreased 0.24% or $0.14 during the last trading session, reaching $59.14. About 6.03 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since December 8, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Adam Fox decreased its stake in Anthem Inc (ANTM) by 50.86% based on its latest 2017Q2 regulatory filing with the SEC. Altalis Capital Management Llc sold 17,211 shares as the company’s stock rose 10.08% with the market. The hedge fund run by Adam Fox held 16,632 shares of the health care company at the end of 2017Q2, valued at $3.13 million, down from 33,843 at the end of the previous reported quarter. Altalis Capital Management Llc who had been investing in Anthem Inc for a number of months, seems to be less bullish one the $57.42B market cap company. The stock increased 0.42% or $0.93 during the last trading session, reaching $223.64. About 1.22 million shares traded. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since December 8, 2016 and is uptrending. It has outperformed by 15.16% the S&P500.

More notable recent Anthem, Inc. (NYSE:ANTM) news were published by: Nasdaq.com which released: “Anthem, Inc. (ANTM) Ex-Dividend Date Scheduled for December 04, 2017” on December 01, 2017, also Businesswire.com with their article: “Anthem’s Board Welcomes Antonio Neri as New Director” published on December 07, 2017, Moodys.com published: “Moody’s rates Anthem’s senior notes Baa2; outlook stable” on November 14, 2017. More interesting news about Anthem, Inc. (NYSE:ANTM) were released by: Businesswire.com and their article: “AM Best Assigns Indicative Issue Credit Ratings to Anthem, Inc.’s New Shelf …” published on December 04, 2017 as well as Businesswire.com‘s news article titled: “AM Best Assigns Issue Credit Ratings to Anthem, Inc.’s Forthcoming Senior …” with publication date: November 15, 2017.

Among 23 analysts covering Anthem Inc (NYSE:ANTM), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Anthem Inc had 61 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wells Fargo on Tuesday, November 15. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, February 2 report. The stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by RBC Capital Markets on Tuesday, May 30. On Monday, April 4 the stock rating was maintained by Leerink Swann with “Outperform”. The rating was initiated by Morgan Stanley on Wednesday, June 7 with “Equal-Weight”. The stock of Anthem, Inc. (NYSE:ANTM) has “Buy” rating given on Thursday, July 27 by RBC Capital Markets. The stock of Anthem, Inc. (NYSE:ANTM) earned “Buy” rating by RBC Capital Markets on Monday, October 2. The rating was initiated by Credit Suisse with “Buy” on Friday, November 3. Jefferies maintained Anthem, Inc. (NYSE:ANTM) on Friday, August 18 with “Hold” rating. Jefferies maintained the shares of ANTM in report on Friday, October 13 with “Hold” rating.

Analysts await Anthem, Inc. (NYSE:ANTM) to report earnings on February, 7. They expect $1.25 EPS, down 28.98% or $0.51 from last year’s $1.76 per share. ANTM’s profit will be $320.95 million for 44.73 P/E if the $1.25 EPS becomes a reality. After $2.65 actual EPS reported by Anthem, Inc. for the previous quarter, Wall Street now forecasts -52.83% negative EPS growth.

Investors sentiment increased to 1.21 in Q2 2017. Its up 0.34, from 0.87 in 2017Q1. It increased, as 68 investors sold SBUX shares while 409 reduced holdings. 104 funds opened positions while 473 raised stakes. 988.30 million shares or 1.42% more from 974.49 million shares in 2017Q1 were reported. 8,201 are owned by Bluefin Trading Ltd Liability. Confluence Wealth Mgmt Llc invested 0.8% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Moreover, Cibc World has 0.19% invested in Starbucks Corporation (NASDAQ:SBUX). Buckingham Asset Mgmt Limited Liability Corp, a Missouri-based fund reported 11,824 shares. Schwab Charles Invest Mngmt Inc stated it has 0.26% in Starbucks Corporation (NASDAQ:SBUX). Oxbow Lc stated it has 37,383 shares or 0.39% of all its holdings. Putnam Invests Ltd invested in 28,519 shares or 0% of the stock. Colony Group Lc stated it has 0.15% in Starbucks Corporation (NASDAQ:SBUX). Rmb Lc accumulated 118,677 shares. Riverpark Advsrs Limited Liability Co reported 45,673 shares. 400 were accumulated by Westwood Grp Inc Inc. Btc Cap Mgmt holds 0.12% or 11,737 shares. Advsr Ltd Limited Com accumulated 0.01% or 300 shares. Oakworth Cap Inc reported 0% stake. Private Wealth Advisors accumulated 26,316 shares.

Since June 14, 2017, it had 0 buys, and 1 sale for $606,300 activity.

Thompson Davis & Co, which manages about $107.57 million and $62.24 million US Long portfolio, decreased its stake in Gentex Corp (NASDAQ:GNTX) by 25,440 shares to 1,472 shares, valued at $28,000 in 2017Q2, according to the filing. It also reduced its holding in Mcdonalds Corp (NYSE:MCD) by 2,901 shares in the quarter, leaving it with 75 shares, and cut its stake in Berkshire Hathaway Inc Del (BRKB).

More notable recent Starbucks Corporation (NASDAQ:SBUX) news were published by: Fool.com which released: “A Close Look at Starbucks Corporation’s Double-Digit Dividend Increase” on November 18, 2017, also Seekingalpha.com with their article: “Starbucks: Focusing On Overseas Growth” published on November 27, 2017, Seekingalpha.com published: “Starbucks: A Good Long-Term Investment” on November 29, 2017. More interesting news about Starbucks Corporation (NASDAQ:SBUX) were released by: Nasdaq.com and their article: “Starbucks Corporation (SBUX) Ex-Dividend Date Scheduled for November 15, 2017” published on November 14, 2017 as well as Seekingalpha.com‘s news article titled: “Starbucks: Decaffeinated Earnings, Giant Roasteries And The Potential Of China” with publication date: December 07, 2017.

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