P. R. Herzig & Company continued to hold its position in shares of Starbucks Co. (NASDAQ:SBUX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,900 shares of the coffee company’s stock at the end of the fourth quarter. Starbucks accounts for approximately 1.4% of P. R. Herzig & Company’s holdings, making the stock its 29th largest position. P. R. Herzig & Company’s holdings in Starbucks were worth $594,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Lowe FS boosted its stake in Starbucks by 1.8% in the third quarter. Lowe FS now owns 1,148 shares of the coffee company’s stock worth $65,000 after buying an additional 20 shares during the period. Capital Investment Advisors boosted its stake in Starbucks by 1.6% in the fourth quarter. Capital Investment Advisors now owns 4,829 shares of the coffee company’s stock worth $290,000 after buying an additional 76 shares during the period. Meristem acquired a new stake in Starbucks during the fourth quarter worth approximately $294,000. Park National acquired a new stake in Starbucks during the fourth quarter worth approximately $319,000. Finally, Leith Wheeler Investment Counsel acquired a new stake in Starbucks during the fourth quarter worth approximately $352,000.

Shares of Starbucks Co. (NASDAQ:SBUX) opened at 59.17 on Monday. The firm has a 50-day moving average price of $59.50 and a 200-day moving average price of $58.53. The firm has a market cap of $87.86 billion and a price-to-earnings ratio of 36.32. Starbucks Co. has a 52-week low of $42.05 and a 52-week high of $64.00.

Starbucks (NASDAQ:SBUX) last announced its quarterly earnings data on Thursday, January 21st. The coffee company reported $0.46 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.01. The business earned $5.37 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same period in the prior year, the firm earned $0.80 EPS. Starbucks’s revenue for the quarter was up 11.9% on a year-over-year basis. Analysts predict that Starbucks Co. will post $1.89 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 19th. Stockholders of record on Thursday, February 4th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.35%.

A number of research firms have recently commented on SBUX. Stephens restated a “hold” rating and issued a $56.00 price objective on shares of Starbucks in a research report on Sunday. Barclays restated a “hold” rating on shares of Starbucks in a research report on Sunday. RBC Capital reiterated a “buy” rating and set a $68.00 price target on shares of Starbucks in a research report on Friday. Zacks Investment Research upgraded Starbucks from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Oppenheimer reiterated an “outperform” rating and set a $65.00 price target on shares of Starbucks in a research report on Wednesday, January 20th. Four investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. Starbucks currently has a consensus rating of “Buy” and an average target price of $66.72.

In other Starbucks news, Director Olden C. Lee sold 26,000 shares of the business’s stock in a transaction dated Monday, December 7th. The stock was sold at an average price of $61.58, for a total transaction of $1,601,080.00. Following the completion of the sale, the director now owns 52,076 shares of the company’s stock, valued at $3,206,840.08. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Howard D. Schultz sold 162,099 shares of the business’s stock in a transaction dated Tuesday, December 8th. The shares were sold at an average price of $62.23, for a total value of $10,087,420.77. Following the sale, the chief executive officer now directly owns 29,581,240 shares of the company’s stock, valued at approximately $1,840,840,565.20. The disclosure for this sale can be found here.

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. It operates through four segment: Americas, which includes the United States, Canada, and Latin America; Europe, Middle East, and Africa (NASDAQ:SBUX); China/Asia Pacific (CAP), and Channel Development. In addition to its Starbucks Coffee brand, it also sells goods and services under the brands, including Teavana, Tazo, Seattle’s Best Coffee, Evolution Fresh, La Boulange and Ethos. Its Americas, EMEA, and CAP segments include both Company-operated and licensed stores. The Americas and EMEA segments include certain foodservice accounts, primarily in Canada and the United Kingdom.

12 Month Chart for NASDAQ:SBUX

Receive News & Ratings for Starbucks Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starbucks Co. and related companies with MarketBeat.com's FREE daily email newsletter.