Northeast Investment Management Lowered By $7.33 Million Its Manhattan Assocs (MANH) Holding; Winslow Capital Management Cut Starbucks (SBUX) Holding

December 7, 2017 - By Nellie Frank

Northeast Investment Management decreased Manhattan Assocs Inc (MANH) stake by 93.96% reported in 2017Q2 SEC filing. Northeast Investment Management sold 152,709 shares as Manhattan Assocs Inc (MANH)’s stock declined 5.87%. The Northeast Investment Management holds 9,825 shares with $472,000 value, down from 162,534 last quarter. Manhattan Assocs Inc now has $3.01 billion valuation. The stock decreased 1.51% or $0.67 during the last trading session, reaching $43.71. About 592,792 shares traded. Manhattan Associates, Inc. (NASDAQ:MANH) has declined 22.39% since December 7, 2016 and is downtrending. It has underperformed by 39.09% the S&P500.

Winslow Capital Management Llc decreased Starbucks Corp (SBUX) stake by 14.41% reported in 2017Q2 SEC filing. Winslow Capital Management Llc sold 918,074 shares as Starbucks Corp (SBUX)’s stock rose 6.99%. The Winslow Capital Management Llc holds 5.46M shares with $318.09 million value, down from 6.37 million last quarter. Starbucks Corp now has $84.34B valuation. The stock decreased 0.10% or $0.06 during the last trading session, reaching $59.28. About 8.46 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since December 7, 2016 and is uptrending. It has underperformed by 4.22% the S&P500.

Northeast Investment Management increased Jp Morgan Chase & Co (NYSE:JPM) stake by 35,059 shares to 179,619 valued at $16.42M in 2017Q2. It also upped Procter & Gamble Co (NYSE:PG) stake by 6,519 shares and now owns 194,276 shares. United Technologies Corp (NYSE:UTX) was raised too.

Analysts await Manhattan Associates, Inc. (NASDAQ:MANH) to report earnings on January, 30. They expect $0.42 EPS, 0.00% or $0.00 from last year’s $0.42 per share. MANH’s profit will be $28.95 million for 26.02 P/E if the $0.42 EPS becomes a reality. After $0.48 actual EPS reported by Manhattan Associates, Inc. for the previous quarter, Wall Street now forecasts -12.50% negative EPS growth.

Investors sentiment increased to 1.07 in 2017 Q2. Its up 0.21, from 0.86 in 2017Q1. It is positive, as 39 investors sold MANH shares while 84 reduced holdings. 40 funds opened positions while 91 raised stakes. 73.13 million shares or 8.12% more from 67.64 million shares in 2017Q1 were reported. Ghp Invest stated it has 0.2% in Manhattan Associates, Inc. (NASDAQ:MANH). Jacobs Levy Equity Mgmt holds 168,795 shares or 0.17% of its portfolio. Rhumbline Advisers owns 150,455 shares. Pacad Inv invested 0.04% in Manhattan Associates, Inc. (NASDAQ:MANH). Bbva Compass State Bank, a Texas-based fund reported 9,235 shares. 117,720 are owned by Swiss Bancorporation. Pnc Financial Serv Group Incorporated owns 1.03M shares. 224,089 were accumulated by New Amsterdam Prtn Limited Liability. Mackenzie Fincl reported 20,000 shares. Moreover, Globeflex Capital Limited Partnership has 0.06% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 5,308 shares. Menta Capital Limited Liability Com has 8,900 shares for 0.05% of their portfolio. Moreover, Pub Employees Retirement Association Of Colorado has 0.07% invested in Manhattan Associates, Inc. (NASDAQ:MANH) for 207,652 shares. 428,869 were accumulated by Axa. Federated Investors Pa reported 35,593 shares. The Kansas-based Waddell Reed Financial has invested 0.02% in Manhattan Associates, Inc. (NASDAQ:MANH).

Among 7 analysts covering Manhattan Assoc (NASDAQ:MANH), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Manhattan Assoc had 13 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 23 by KeyBanc Capital Markets. Benchmark maintained it with “Buy” rating and $67 target in Wednesday, July 22 report. William Blair downgraded Manhattan Associates, Inc. (NASDAQ:MANH) on Thursday, April 28 to “Market Perform” rating. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) earned “Outperform” rating by William Blair on Tuesday, September 29. The firm earned “Buy” rating on Wednesday, February 1 by Benchmark. Benchmark maintained the stock with “Buy” rating in Wednesday, October 21 report. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) earned “Buy” rating by Brean Capital on Tuesday, January 12. The stock of Manhattan Associates, Inc. (NASDAQ:MANH) has “Buy” rating given on Tuesday, October 3 by SunTrust. SunTrust maintained Manhattan Associates, Inc. (NASDAQ:MANH) on Wednesday, November 15 with “Buy” rating. On Monday, January 9 the stock rating was downgraded by Raymond James to “Mkt Perform”.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on January, 25. They expect $0.57 EPS, up 9.62% or $0.05 from last year’s $0.52 per share. SBUX’s profit will be $811.00 million for 26.00 P/E if the $0.57 EPS becomes a reality. After $0.55 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts 3.64% EPS growth.

Since June 14, 2017, it had 0 insider buys, and 1 sale for $606,300 activity. ULLMAN MYRON E III sold $606,300 worth of stock or 10,000 shares.

Investors sentiment increased to 1.21 in 2017 Q2. Its up 0.34, from 0.87 in 2017Q1. It increased, as 68 investors sold SBUX shares while 409 reduced holdings. 104 funds opened positions while 473 raised stakes. 988.30 million shares or 1.42% more from 974.49 million shares in 2017Q1 were reported. First Manhattan owns 29,800 shares. Clinton Group Inc Inc reported 60,993 shares or 0.36% of all its holdings. Sustainable Growth Advisers LP owns 2.84 million shares. First National Tru has invested 0.07% in Starbucks Corporation (NASDAQ:SBUX). Chemung Canal Trust holds 58,867 shares. Pillar Pacific Management Ltd holds 64,390 shares or 0.51% of its portfolio. Deutsche Natl Bank Ag holds 0.13% or 3.11 million shares. Middleton Ma has 1.1% invested in Starbucks Corporation (NASDAQ:SBUX) for 88,415 shares. Rainier Inv Limited Liability Com holds 35,020 shares. Brown Brothers Harriman & stated it has 33,447 shares. The California-based Lourd Cap Llc has invested 0.04% in Starbucks Corporation (NASDAQ:SBUX). Mckinley Carter Wealth Svcs invested 1.11% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). Texas Permanent School Fund reported 406,873 shares. Spectrum Asset Management (Nb Ca) holds 16,170 shares or 0.87% of its portfolio. 185,889 are held by Brinker Capital.

Among 35 analysts covering Starbucks Corporation (NASDAQ:SBUX), 25 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Starbucks Corporation had 80 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, September 28 by Wedbush. The company was maintained on Friday, July 22 by Wedbush. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by RBC Capital Markets on Tuesday, June 13. The stock has “Buy” rating by RBC Capital Markets on Friday, September 15. As per Tuesday, October 3, the company rating was maintained by Jefferies. UBS maintained the stock with “Buy” rating in Wednesday, November 15 report. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Wednesday, November 1 by Mizuho. The firm has “Buy” rating given on Thursday, September 28 by Mizuho. As per Friday, July 28, the company rating was maintained by Stephens. The firm has “Hold” rating given on Tuesday, April 12 by Deutsche Bank.

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