Osher Van De Voorde Investment Management Continues to Hold Holding in Starbucks (SBUX); As Dolby Laboratories (DLB) Shares Rose, Fiera Capital Has Increased Its Stake by $10.33 Million

February 23, 2018 - By Marie Mckinney

Fiera Capital Corp increased its stake in Dolby Laboratories Inc (DLB) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Fiera Capital Corp bought 181,249 shares as the company’s stock rose 2.31% with the market. The institutional investor held 725,126 shares of the multi-sector company at the end of 2017Q3, valued at $41.71 million, up from 543,877 at the end of the previous reported quarter. Fiera Capital Corp who had been investing in Dolby Laboratories Inc for a number of months, seems to be bullish on the $6.40 billion market cap company. The stock decreased 0.12% or $0.07 during the last trading session, reaching $61.79. About 185,050 shares traded. Dolby Laboratories, Inc. (NYSE:DLB) has risen 14.35% since February 23, 2017 and is uptrending. It has underperformed by 2.35% the S&P500.

Osher Van De Voorde Investment Management increased its stake in Starbucks Corp (SBUX) by 760.79% based on its latest 2017Q3 regulatory filing with the SEC. Osher Van De Voorde Investment Management bought 106,510 shares as the company’s stock rose 6.99% with the market. The institutional investor held 120,510 shares of the restaurants company at the end of 2017Q3, valued at $6.47M, up from 14,000 at the end of the previous reported quarter. Osher Van De Voorde Investment Management who had been investing in Starbucks Corp for a number of months, seems to be bullish on the $78.81B market cap company. The stock increased 1.20% or $0.6651 during the last trading session, reaching $56.0651. About 7.75 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 12.48% since February 23, 2017 and is uptrending. It has underperformed by 4.22% the S&P500.

Among 6 analysts covering Dolby Laboratories (NYSE:DLB), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Dolby Laboratories had 17 analyst reports since October 22, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 26 by Piper Jaffray. The stock has “Hold” rating by FBR Capital on Tuesday, January 16. The stock of Dolby Laboratories, Inc. (NYSE:DLB) has “Buy” rating given on Thursday, January 28 by Dougherty & Company. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Hold” rating by Piper Jaffray on Monday, January 22. The firm earned “Neutral” rating on Thursday, January 25 by JP Morgan. B. Riley & Co upgraded the stock to “Buy” rating in Monday, July 17 report. Dougherty & Company maintained the stock with “Buy” rating in Thursday, April 28 report. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Hold” rating by FBR Capital on Thursday, January 25. The stock of Dolby Laboratories, Inc. (NYSE:DLB) earned “Buy” rating by B. Riley & Co on Thursday, October 26. The firm has “Buy” rating given on Wednesday, September 13 by Dougherty.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.43, from 1.47 in 2017Q2. It worsened, as 28 investors sold DLB shares while 71 reduced holdings. 33 funds opened positions while 70 raised stakes. 52.63 million shares or 2.95% more from 51.12 million shares in 2017Q2 were reported. Brown Capital owns 0.25% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 359,463 shares. D E Shaw And stated it has 0.06% of its portfolio in Dolby Laboratories, Inc. (NYSE:DLB). Bessemer Group Inc Incorporated Inc reported 4,069 shares. Baillie Gifford And has invested 0.02% in Dolby Laboratories, Inc. (NYSE:DLB). Diamond Hill Cap Mgmt holds 0% or 8,117 shares in its portfolio. Michigan-based Comerica Bank has invested 0% in Dolby Laboratories, Inc. (NYSE:DLB). Lpl Fincl Limited Liability Corp reported 29,607 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Dolby Laboratories, Inc. (NYSE:DLB). Hussman Strategic Advsrs reported 25,000 shares or 0.35% of all its holdings. Teacher Retirement Sys Of Texas accumulated 0% or 4,778 shares. Moreover, Barclays Pcl has 0% invested in Dolby Laboratories, Inc. (NYSE:DLB) for 21,901 shares. Gamco Investors Inc Et Al reported 26,700 shares. Schroder Invest Mngmt Gru invested in 619,884 shares. Employees Retirement Sys Of Ohio reported 99,265 shares. Macquarie Group owns 600 shares.

Since August 25, 2017, it had 0 buys, and 19 sales for $35.39 million activity. Shares for $325,049 were sold by GOTCHER PETER C. Another trade for 2,617 shares valued at $162,256 was made by DONATIELLO NICHOLAS JR on Tuesday, February 6. 100,000 shares were sold by Dolby Dagmar, worth $5.00 million on Friday, August 25. JASPER N WILLIAM JR also sold $2.56M worth of Dolby Laboratories, Inc. (NYSE:DLB) shares. 10,000 Dolby Laboratories, Inc. (NYSE:DLB) shares with value of $650,000 were sold by SHERMAN MARK ANDREW. The insider TEVANIAN AVADIS sold $162,344.

Fiera Capital Corp, which manages about $20.96B US Long portfolio, decreased its stake in Gildan Activewear Inc (NYSE:GIL) by 493,205 shares to 1.87 million shares, valued at $58.35M in 2017Q3, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 101,991 shares in the quarter, leaving it with 2.08 million shares, and cut its stake in Mercadolibre Inc (NASDAQ:MELI).

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. The stock has “Outperform” rating by Oppenheimer on Friday, January 26. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Friday, July 28 by Oppenheimer. The stock has “Buy” rating by Cowen & Co on Friday, January 19. Piper Jaffray maintained Starbucks Corporation (NASDAQ:SBUX) on Monday, February 5 with “Buy” rating. The stock of Starbucks Corporation (NASDAQ:SBUX) earned “Buy” rating by RBC Capital Markets on Wednesday, July 12. The stock of Starbucks Corporation (NASDAQ:SBUX) has “Buy” rating given on Wednesday, June 28 by Bernstein. Mizuho maintained the shares of SBUX in report on Wednesday, November 1 with “Buy” rating. On Wednesday, September 28 the stock rating was maintained by Wedbush with “Outperform”. On Wednesday, July 13 the stock rating was downgraded by OTR Global to “Mixed”. As per Thursday, September 3, the company rating was downgraded by Vetr.

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