<div id="readability-page-1"><p>Boothbay Fund Management LLC lifted its stake in  Starbucks Corporation (NASDAQ:SBUX - Free Report) by 289.0% during the first quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The fund owned 102,126 shares of the coffee company's stock after buying an additional 75,874 shares during the quarter. Boothbay Fund Management LLC's holdings in Starbucks were worth $10,018,000 as of its most recent SEC filing.</p><ul><li>Analysts See Big Upside for These 3 Retail Stocks </li></ul><p>Several other hedge funds and other institutional investors have also recently bought and sold shares of SBUX. Bwcp LP acquired a new position in  Starbucks in the first quarter valued at approximately $20,152,000.  Banque Transatlantique SA grew its stake in shares of  Starbucks by 848.6% during the 1st quarter. Banque Transatlantique SA now owns 13,698 shares of the coffee company's stock worth $1,242,000 after purchasing an additional 12,254 shares during the period.  AQR Capital Management LLC increased its holdings in shares of  Starbucks by 47.2% during the 1st quarter. AQR Capital Management LLC now owns 138,167 shares of the coffee company's stock valued at $13,330,000 after purchasing an additional 44,272 shares in the last quarter.  Aprio Wealth Management LLC increased its holdings in shares of  Starbucks by 28.9% during the 1st quarter. Aprio Wealth Management LLC now owns 3,965 shares of the coffee company's stock valued at $389,000 after purchasing an additional 888 shares in the last quarter.  Finally, 5th Street Advisors LLC acquired a new position in shares of  Starbucks in the 1st quarter valued at $212,000. 72.29% of the stock is owned by institutional investors and hedge funds. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several analysts recently commented on the stock. CICC Research began coverage on shares of Starbucks in a research report on Monday, June 30th. They set an &#34;outperform&#34; rating and a $100.00 price target on the stock. Royal Bank Of Canada increased their price target on Starbucks from $100.00 to $110.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, July 30th. TD Cowen boosted their price objective on Starbucks from $90.00 to $95.00 and gave the company a &#34;hold&#34; rating in a research report on Wednesday, July 30th. Guggenheim increased their target price on Starbucks from $79.00 to $90.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase &amp; Co. increased their price objective on shares of Starbucks from $100.00 to $105.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday, July 30th. One equities research analyst  has rated the stock with a Strong Buy rating, fifteen have issued  a Buy rating, eight have issued  a Hold rating and two have assigned  a Sell rating to the company. According to MarketBeat.com, Starbucks currently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $104.40.</p><ul><li>3 Fast Food Stocks Defying the Odds</li></ul><p><b>Read Our Latest Analysis on Starbucks</b></p><h2>Starbucks Stock Down 2.8%</h2><p>Shares of NASDAQ:SBUX opened at $87.25 on Thursday. Starbucks Corporation has a 52-week low of $75.50 and a 52-week high of $117.46. The stock has a market cap of $99.18 billion, a P/E ratio of 37.61, a PEG ratio of 5.23 and a beta of 1.00. The business has a fifty day moving average of $91.77 and a two-hundred day moving average of $92.19. </p><ul><li>3 Restaurant Stocks That Will Outperform in Q3 and Q4</li></ul><p>Starbucks (NASDAQ:SBUX - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The coffee company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.14). Starbucks had a net margin of 7.18% and a negative return on equity of 36.23%. The firm had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.29 billion. During the same period in the previous year, the firm posted $0.93 EPS. The company's revenue was up 3.8% compared to the same quarter last year.  On average, equities analysts anticipate that  Starbucks Corporation will post 2.99 earnings per share for the current year. </p><h2>Starbucks Dividend Announcement</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Friday, August 15th were given a $0.61 dividend. This represents a $2.44 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, August 15th. Starbucks's dividend payout ratio  is presently 105.17%. </p><h2>About Starbucks</h2> (Free Report)<p>Starbucks Corporation, together with its subsidiaries, operates as a roaster, marketer, and retailer of coffee worldwide. The company operates through three segments: North America, International, and Channel Development. Its stores offer coffee and tea beverages, roasted whole beans and ground coffees, single serve products, and ready-to-drink beverages; and various food products, such as pastries, breakfast sandwiches, and lunch items.</p><h2>Read More</h2><ul><li>Five stocks we like better than Starbucks</li><li>How Investors Can Identify and Successfully Trade Gap-Down Stocks</li><li>Return of the ETFs: 3 Names That Could Keep Outperforming</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>Back-to-School Shopping Hits $40B: 3 Retail Stocks to Watch Now</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>Alphabet Stock Surges After Dodging Harsh Antitrust Remedies</li></ul><p><strong>Want to see what other hedge funds are holding SBUX?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Starbucks Corporation (NASDAQ:SBUX - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JVWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0JVWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Starbucks Right Now?</h2><p>Before you consider Starbucks, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Starbucks wasn't on the list.</p><p>While Starbucks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SBUX

<p>Boothbay Fund Management LLC increased its stake in Starbucks Corporation (NASDAQ:SBUX) by 289% in Q1, owning 102,126 shares valued at $10 million. Other institutional investors also raised their positions. Analysts have set price targets for Starbucks, with a consensus rating of "Moderate Buy" and an average target price of $104.40. Starbucks reported Q2 earnings of $0.50 per share, missing estimates, but revenue increased by 3.8% year-over-year. The company declared a quarterly dividend of $0.61, yielding 2.8%.</p>

Boothbay Fund Management LLC Grows Stock Position in Starbucks Corporation $SBUX