Itaú Unibanco Holding S.A. (ITUB) Forms $14.89 Double Top; Night Owl Capital Management Has Trimmed Its Starbucks (SBUX) Stake

Itaú Unibanco Holding S.A. (NYSE:ITUB) Logo

Night Owl Capital Management Llc decreased Starbucks (SBUX) stake by 33.75% reported in 2017Q4 SEC filing. Night Owl Capital Management Llc sold 46,753 shares as Starbucks (SBUX)’s stock rose 0.28%. The Night Owl Capital Management Llc holds 91,786 shares with $5.27 million value, down from 138,539 last quarter. Starbucks now has $82.03 billion valuation. The stock decreased 1.72% or $1.02 during the last trading session, reaching $58.36. About 11.26 million shares traded or 12.11% up from the average. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 30, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Itaú Unibanco Holding S.A. (ITUB) formed double top with $15.78 target or 6.00% above today’s $14.89 share price. Itaú Unibanco Holding S.A. (ITUB) has $90.83B valuation. The stock increased 0.34% or $0.05 during the last trading session, reaching $14.89. About 5.50 million shares traded. Itaú Unibanco Holding S.A. (NYSE:ITUB) has risen 32.34% since April 30, 2017 and is uptrending. It has outperformed by 20.79% the S&P500.

Since January 31, 2018, it had 0 insider buys, and 3 sales for $13.62 million activity. WEATHERUP CRAIG sold 59,838 shares worth $3.60 million. $740,851 worth of Starbucks Corporation (NASDAQ:SBUX) was sold by ULLMAN MYRON E III on Monday, March 12. 162,826 Starbucks Corporation (NASDAQ:SBUX) shares with value of $9.28 million were sold by BURROWS CLIFFORD.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.08, from 0.97 in 2017Q3. It improved, 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. Apriem Advisors accumulated 0.75% or 52,396 shares. Moreover, Halsey Ct has 1.33% invested in Starbucks Corporation (NASDAQ:SBUX) for 135,171 shares. Ahl Partners Limited Liability Partnership invested in 0.26% or 295,036 shares. Ironwood Invest Counsel Ltd Liability Com holds 0.46% or 21,771 shares in its portfolio. Groesbeck Investment Mngmt Nj holds 0.17% or 4,300 shares. Moreover, Shine Investment Advisory Ser Incorporated has 0.04% invested in Starbucks Corporation (NASDAQ:SBUX). Moreover, Ibm Retirement Fund has 0.37% invested in Starbucks Corporation (NASDAQ:SBUX) for 34,860 shares. Global X Mgmt Com Ltd Llc has 24,169 shares. Catawba Capital Mngmt Va accumulated 10,045 shares or 0.13% of the stock. 1.20 million were reported by Guggenheim Cap Ltd Liability Corp. Brighton Jones Limited Co has invested 0.74% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Advisor Prtnrs Ltd Liability Company has 0.27% invested in Starbucks Corporation (NASDAQ:SBUX). Parallax Volatility Advisers Lp has 0.01% invested in Starbucks Corporation (NASDAQ:SBUX). Sather Gru reported 238,864 shares. Kayne Anderson Rudnick Invest Ltd Co owns 429,550 shares for 0.2% of their portfolio.

Among 37 analysts covering Starbucks Corporation (NASDAQ:SBUX), 23 have Buy rating, 0 Sell and 14 Hold. Therefore 62% are positive. Starbucks Corporation had 106 analyst reports since July 28, 2015 according to SRatingsIntel. Stephens maintained the stock with “Hold” rating in Friday, July 28 report. The firm earned “Neutral” rating on Friday, November 3 by Credit Suisse. Deutsche Bank maintained Starbucks Corporation (NASDAQ:SBUX) rating on Wednesday, November 2. Deutsche Bank has “Hold” rating and $59 target. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Nomura on Friday, January 26. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by Bernstein on Wednesday, June 28. As per Friday, March 18, the company rating was reinitiated by Stifel Nicolaus. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, November 3 by Piper Jaffray. As per Thursday, September 28, the company rating was maintained by Mizuho. The company was maintained on Thursday, March 15 by UBS. The firm has “Hold” rating given on Friday, July 28 by Guggenheim.

Among 8 analysts covering Itau Unibanco Banco Holding SA (NYSE:ITUB), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Itau Unibanco Banco Holding SA has $30 highest and $10 lowest target. $19’s average target is 27.60% above currents $14.89 stock price. Itau Unibanco Banco Holding SA had 14 analyst reports since July 29, 2015 according to SRatingsIntel. Deutsche Bank downgraded the shares of ITUB in report on Tuesday, March 22 to “Hold” rating. The firm has “Underperform” rating by Scotia Capital given on Tuesday, March 15. The firm earned “Sell” rating on Tuesday, March 29 by Goldman Sachs. Credit Suisse downgraded the shares of ITUB in report on Tuesday, October 13 to “Underperform” rating. The company was upgraded on Monday, March 5 by Credit Suisse. Scotia Capital upgraded the shares of ITUB in report on Wednesday, April 12 to “Sector Perform” rating. The company was upgraded on Monday, December 11 by Deutsche Bank. The company was maintained on Tuesday, August 16 by JP Morgan. On Wednesday, April 27 the stock rating was upgraded by Barclays Capital to “Overweight”. The rating was downgraded by Citigroup to “Neutral” on Thursday, October 15.

Analysts await Itaú Unibanco Holding S.A. (NYSE:ITUB) to report earnings on May, 2. They expect $0.29 EPS, 0.00% or $0.00 from last year’s $0.29 per share. ITUB’s profit will be $1.77 billion for 12.84 P/E if the $0.29 EPS becomes a reality. After $0.26 actual EPS reported by Itaú Unibanco Holding S.A. for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart