Nichols & Pratt Advisers Llp Has Lifted Starbucks (SBUX) Position; Syntel (SYNT) Sentiment Is 1.69

April 20, 2018 - By Jonathan Benavides

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Syntel Inc (SYNT) investors sentiment decreased to 1.69 in Q4 2017. It’s down -0.02, from 1.71 in 2017Q3. The ratio has worsened, as 100 hedge funds opened new or increased equity positions, while 59 reduced and sold their holdings in Syntel Inc. The hedge funds in our database reported: 32.15 million shares, up from 29.77 million shares in 2017Q3. Also, the number of hedge funds holding Syntel Inc in top ten equity positions was flat from 3 to 3 for the same number . Sold All: 16 Reduced: 43 Increased: 48 New Position: 52.

Nichols & Pratt Advisers Llp increased Starbucks Corp (SBUX) stake by 6.67% reported in 2017Q4 SEC filing. Nichols & Pratt Advisers Llp acquired 7,390 shares as Starbucks Corp (SBUX)’s stock rose 0.28%. The Nichols & Pratt Advisers Llp holds 118,132 shares with $6.79 million value, up from 110,742 last quarter. Starbucks Corp now has $82.10 billion valuation. The stock decreased 1.37% or $0.81 during the last trading session, reaching $58.41. About 4.01 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 20, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Ratings analysis reveals 40% of Syntel’s analysts are positive. Out of 5 Wall Street analysts rating Syntel, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $27.0 while the high is $28.0. The stock’s average target of $27.50 is -1.43% below today’s ($27.9) share price. SYNT was included in 5 notes of analysts from September 22, 2016. The rating was initiated by Loop Capital with “Buy” on Tuesday, January 10. The rating was downgraded by Barrington Research to “Mkt Perform” on Thursday, September 22. Maxim Group maintained Syntel, Inc. (NASDAQ:SYNT) on Tuesday, October 4 with “Hold” rating. The company was maintained on Friday, October 21 by Needham. The firm has “Hold” rating by SunTrust given on Monday, October 24.

Intrepid Capital Management Inc holds 7.66% of its portfolio in Syntel, Inc. for 885,389 shares. Ipg Investment Advisors Llc owns 523,540 shares or 5.01% of their US portfolio. Moreover, Rk Asset Management Llc has 4.95% invested in the company for 255,080 shares. The Connecticut-based Mcclain Value Management Llc has invested 3.9% in the stock. Sather Financial Group Inc, a Texas-based fund reported 538,882 shares.

The stock increased 0.07% or $0.02 during the last trading session, reaching $27.9. About 384,071 shares traded. Syntel, Inc. (SYNT) has risen 54.15% since April 20, 2017 and is uptrending. It has outperformed by 42.60% the S&P500.

Syntel, Inc. provides digital transformation, information technology , and knowledge process outsourcing (KPO) services worldwide. The company has market cap of $2.32 billion. The firm operates through Banking and Financial Services; Healthcare and Life Sciences; Insurance; Manufacturing; and Retail, Logistics, and Telecom divisions. It has a 14.02 P/E ratio. It offers managed services, including software applications development, maintenance, and digital modernization testing, as well as IT infrastructure, cloud, and migration services.

Since January 1, 0001, it had 0 buys, and 8 selling transactions for $1.58 million activity.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 105 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Evercore on Tuesday, April 5. Credit Suisse maintained the shares of SBUX in report on Friday, January 26 with “Hold” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Hold” rating by Argus Research on Friday, February 10. The company was downgraded on Thursday, September 3 by Zacks. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, December 21. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Outperform” rating given on Friday, August 25 by Wedbush. The firm earned “Neutral” rating on Thursday, March 29 by Wedbush. As per Friday, October 30, the company rating was maintained by BMO Capital Markets. RBC Capital Markets maintained Starbucks Corporation (NASDAQ:SBUX) rating on Tuesday, June 13. RBC Capital Markets has “Buy” rating and $6600 target. The firm has “Buy” rating given on Friday, March 9 by UBS.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.08, from 0.97 in 2017Q3. It is positive, as 63 investors sold SBUX shares while 449 reduced holdings. 114 funds opened positions while 423 raised stakes. 983.38 million shares or 1.10% more from 972.68 million shares in 2017Q3 were reported. Rmb Limited Co invested 0.25% in Starbucks Corporation (NASDAQ:SBUX). Groesbeck Inv Mngmt Corporation Nj holds 0.17% of its portfolio in Starbucks Corporation (NASDAQ:SBUX) for 4,300 shares. Moreover, Two Sigma Secs Lc has 0.01% invested in Starbucks Corporation (NASDAQ:SBUX). Pioneer Trust Bank N A Or has 0.32% invested in Starbucks Corporation (NASDAQ:SBUX). Alabama-based Hayek Kallen Mgmt has invested 1.48% in Starbucks Corporation (NASDAQ:SBUX). Mercer Advisers Inc holds 12,555 shares or 0.52% of its portfolio. California-based Laurel Grove Cap Limited Liability has invested 1.13% in Starbucks Corporation (NASDAQ:SBUX). Corda Invest Mngmt Lc holds 133,688 shares or 0.92% of its portfolio. Guggenheim Capital Limited Liability Com has 1.20M shares. Donaldson Cap Mngmt Llc owns 13,122 shares or 2.66% of their US portfolio. Columbia Asset holds 1.31% in Starbucks Corporation (NASDAQ:SBUX) or 79,490 shares. D E Shaw Commerce has invested 0% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Chemung Canal Tru invested in 0.05% or 4,180 shares. Baldwin Brothers Ma invested in 116,279 shares. Highbridge Capital Management Ltd Liability Company accumulated 5,046 shares.

Nichols & Pratt Advisers Llp decreased Abbott Labs (NYSE:ABT) stake by 7,755 shares to 64,136 valued at $3.66 million in 2017Q4. It also reduced Fiserv Inc (NASDAQ:FISV) stake by 3,400 shares and now owns 204,777 shares. Procter & Gamble Co (NYSE:PG) was reduced too.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart

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