Curbstone Financial Management Has Lowered Starbucks Corp. (Sbux) (SBUX) Position By $423,624; Otter Tail (OTTR) Shorts Down By 11.88%

Otter Tail Corporation (NASDAQ:OTTR) Logo

Curbstone Financial Management Corp decreased Starbucks Corp. (Sbux) (SBUX) stake by 50% reported in 2017Q4 SEC filing. Curbstone Financial Management Corp sold 7,432 shares as Starbucks Corp. (Sbux) (SBUX)’s stock rose 0.28%. The Curbstone Financial Management Corp holds 7,432 shares with $427,000 value, down from 14,864 last quarter. Starbucks Corp. (Sbux) now has $83.63 billion valuation. The stock decreased 0.55% or $0.33 during the last trading session, reaching $59.5. About 5.14 million shares traded. Starbucks Corporation (NASDAQ:SBUX) has risen 0.40% since April 19, 2017 and is uptrending. It has underperformed by 11.15% the S&P500.

Otter Tail Corporation (NASDAQ:OTTR) had a decrease of 11.88% in short interest. OTTR’s SI was 340,600 shares in April as released by FINRA. Its down 11.88% from 386,500 shares previously. With 94,200 avg volume, 4 days are for Otter Tail Corporation (NASDAQ:OTTR)’s short sellers to cover OTTR’s short positions. The SI to Otter Tail Corporation’s float is 0.96%. The stock decreased 0.68% or $0.3 during the last trading session, reaching $43.6. About 56,203 shares traded. Otter Tail Corporation (NASDAQ:OTTR) has risen 13.73% since April 19, 2017 and is uptrending. It has outperformed by 2.18% the S&P500.

Among 3 analysts covering Otter Tail (NASDAQ:OTTR), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Otter Tail has $46.0 highest and $31 lowest target. $37.67’s average target is -13.60% below currents $43.6 stock price. Otter Tail had 5 analyst reports since August 11, 2015 according to SRatingsIntel. Williams Capital Group initiated the shares of OTTR in report on Monday, February 6 with “Hold” rating. As per Friday, August 14, the company rating was downgraded by Zacks. The stock of Otter Tail Corporation (NASDAQ:OTTR) has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. As per Monday, January 8, the company rating was downgraded by Sidoti. Zacks upgraded Otter Tail Corporation (NASDAQ:OTTR) on Tuesday, August 11 to “Hold” rating.

Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics business primarily in the United States. The company has market cap of $1.73 billion. The companyÂ’s Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota, as well as operates as a participant in the Midcontinent Independent System Operator, Inc. markets. It has a 23.98 P/E ratio. This segment serves approximately 131,546 residential, commercial, industrial, and other customers.

Investors sentiment increased to 1.35 in 2017 Q4. Its up 0.41, from 0.94 in 2017Q3. It is positive, as 12 investors sold Otter Tail Corporation shares while 37 reduced holdings. 25 funds opened positions while 41 raised stakes. 16.36 million shares or 1.71% more from 16.08 million shares in 2017Q3 were reported. Tower Research Ltd Liability Corporation (Trc) holds 2,805 shares or 0.02% of its portfolio. 7,523 are owned by Principal Fincl Grp. Parametric Portfolio Assocs Limited Liability Company owns 0% invested in Otter Tail Corporation (NASDAQ:OTTR) for 89,269 shares. Acadian Asset Mgmt Limited has 0.01% invested in Otter Tail Corporation (NASDAQ:OTTR) for 28,535 shares. Blackrock Inc holds 0.01% or 2.57 million shares in its portfolio. Contravisory Inv Management Inc has 4,610 shares for 0.07% of their portfolio. Barclays Public Limited reported 0% of its portfolio in Otter Tail Corporation (NASDAQ:OTTR). Eqis Cap holds 0.02% or 7,327 shares. Guggenheim Cap reported 22,738 shares. State Bank Of Montreal Can has 2,830 shares for 0% of their portfolio. Invesco invested in 52,883 shares or 0% of the stock. Bnp Paribas Arbitrage owns 12,618 shares. Voya Inv Management Llc has invested 0% in Otter Tail Corporation (NASDAQ:OTTR). 5,083 were accumulated by Bell Bancshares. Financial Bank Of America De reported 80,453 shares.

Analysts await Starbucks Corporation (NASDAQ:SBUX) to report earnings on April, 26 after the close. They expect $0.53 EPS, up 17.78% or $0.08 from last year’s $0.45 per share. SBUX’s profit will be $744.97M for 28.07 P/E if the $0.53 EPS becomes a reality. After $0.65 actual EPS reported by Starbucks Corporation for the previous quarter, Wall Street now forecasts -18.46% negative EPS growth.

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

Starbucks Corporation (NASDAQ:SBUX) Institutional Positions Chart