As Trinity Inds (TRN) Share Price Declined, Chesapeake Asset Management Raised Its Holding; Starbucks (SBUX) Shareholder Grisanti Capital Management Has Boosted Holding by $309,785 as Shares Rose

February 20, 2018 - By Peter Erickson

Christopher C. Grisanti increased its stake in Starbucks Corp (SBUX) by 6.07% based on its latest 2017Q3 regulatory filing with the SEC. Grisanti Capital Management Llc bought 5,845 shares as the company’s stock rose 6.99% with the market. The hedge fund run by Christopher C. Grisanti held 102,125 shares of the restaurants company at the end of 2017Q3, valued at $5.49M, up from 96,280 at the end of the previous reported quarter. Grisanti Capital Management Llc who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $79.06 billion market cap company. The stock decreased 0.42% or $0.24 during the last trading session, reaching $56.24. About 3.18M shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 20, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Chesapeake Asset Management Llc increased its stake in Trinity Inds Inc (TRN) by 95.93% based on its latest 2017Q3 regulatory filing with the SEC. Chesapeake Asset Management Llc bought 26,682 shares as the company’s stock declined 7.91% while stock markets rallied. The hedge fund held 54,497 shares of the capital goods company at the end of 2017Q3, valued at $1.74 million, up from 27,815 at the end of the previous reported quarter. Chesapeake Asset Management Llc who had been investing in Trinity Inds Inc for a number of months, seems to be bullish on the $5.33 billion market cap company. The stock increased 0.75% or $0.26 during the last trading session, reaching $35.1. About 373,763 shares traded. Trinity Industries, Inc. (NYSE:TRN) has risen 58.76% since February 20, 2017 and is uptrending. It has outperformed by 42.06% the S&P500.

Among 13 analysts covering Trinity Industries (NYSE:TRN), 8 have Buy rating, 3 Sell and 2 Hold. Therefore 62% are positive. Trinity Industries had 39 analyst reports since September 4, 2015 according to SRatingsIntel. The rating was upgraded by Citigroup to “Buy” on Friday, September 29. Stifel Nicolaus upgraded Trinity Industries, Inc. (NYSE:TRN) on Thursday, July 27 to “Buy” rating. The stock has “Outperform” rating by Cowen & Co on Thursday, October 5. The firm has “Buy” rating by Cowen & Co given on Thursday, October 26. The firm has “Neutral” rating given on Tuesday, December 20 by Citigroup. The firm has “Neutral” rating given on Friday, September 4 by Macquarie Research. The rating was maintained by KeyBanc Capital Markets with “Buy” on Monday, October 2. The firm has “Hold” rating given on Tuesday, April 19 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Friday, October 27. The firm earned “Outperform” rating on Monday, December 14 by Cowen & Co.

Investors sentiment decreased to 0.81 in Q3 2017. Its down 0.09, from 0.9 in 2017Q2. It worsened, as 25 investors sold TRN shares while 127 reduced holdings. 38 funds opened positions while 85 raised stakes. 122.94 million shares or 1.90% more from 120.64 million shares in 2017Q2 were reported. Lsv Asset holds 0.26% or 4.93M shares. Bb&T Corporation invested in 0.18% or 290,143 shares. 567,974 are owned by Schwab Charles Management. Legal & General Gru Public Limited Liability owns 248,547 shares for 0.01% of their portfolio. Cornerstone Capital Management Holding Limited stated it has 0.19% in Trinity Industries, Inc. (NYSE:TRN). Quantitative Systematic Strategies owns 0.1% invested in Trinity Industries, Inc. (NYSE:TRN) for 12,385 shares. Moreover, Whittier Tru Of Nevada has 0% invested in Trinity Industries, Inc. (NYSE:TRN). Dimensional Fund Advisors Lp holds 4.83 million shares. Ww Asset Mgmt invested 0.01% in Trinity Industries, Inc. (NYSE:TRN). First Tru Advsrs Limited Partnership has 1.06M shares for 0.09% of their portfolio. Royal Natl Bank Of Canada, a Ontario – Canada-based fund reported 179,071 shares. Louisiana State Employees Retirement Sys has 40,400 shares. Gabelli Funds Lc, New York-based fund reported 634,000 shares. Mariner Wealth Advsrs Ltd Liability invested in 0.01% or 8,735 shares. Griffin Asset invested in 0.04% or 6,675 shares.

Since August 29, 2017, it had 2 insider purchases, and 0 insider sales for $33.51 million activity.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.24, from 1.21 in 2017Q2. It is negative, as 95 investors sold SBUX shares while 448 reduced holdings. 100 funds opened positions while 428 raised stakes. 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. Wellington Management Gru Limited Liability Partnership has 14.52 million shares for 0.18% of their portfolio. Northwestern Mutual Wealth Mngmt accumulated 211,787 shares or 0.08% of the stock. Buckingham Asset Mgmt Lc, Missouri-based fund reported 8,774 shares. Waldron LP accumulated 13,466 shares or 0.2% of the stock. Sabal accumulated 275,233 shares. Morgan Stanley has invested 0.55% in Starbucks Corporation (NASDAQ:SBUX). State Of Tennessee Treasury Department invested in 0.24% or 870,230 shares. Tributary Capital Mngmt Limited Liability, a Colorado-based fund reported 12,600 shares. Argentiere Ag holds 1.01% or 48,953 shares in its portfolio. 61,803 are owned by Lee Danner Bass Incorporated. Legacy Prtnrs has invested 0.16% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). North Star Invest holds 42,513 shares. Centre Asset Ltd Com holds 1.17% or 84,230 shares in its portfolio. 6,761 were reported by Sigma Invest Counselors. Harbour Investment Management Limited Liability Company owns 86,309 shares.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Starbucks Corporation had 100 analyst reports since July 28, 2015 according to SRatingsIntel. Piper Jaffray maintained it with “Buy” rating and $70.0 target in Friday, November 3 report. On Friday, July 22 the stock rating was maintained by Wedbush with “Outperform”. UBS maintained the shares of SBUX in report on Friday, July 24 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Monday, June 5. Zacks downgraded Starbucks Corporation (NASDAQ:SBUX) on Thursday, September 3 to “Hold” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, July 28 by Jefferies. The stock has “Buy” rating by Cowen & Co on Thursday, August 31. The stock has “Buy” rating by Goldman Sachs on Wednesday, May 4. The firm has “Hold” rating by Barclays Capital given on Friday, January 26. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Outperform” rating given on Monday, March 13 by Wedbush.

Since September 7, 2017, it had 0 insider buys, and 3 selling transactions for $13.98 million activity. Another trade for 64,776 shares valued at $3.47M was sold by CULVER JOHN. $1.23 million worth of Starbucks Corporation (NASDAQ:SBUX) was sold by ULLMAN MYRON E III.

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