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Alyeska Investment Group Buys New $170M Stake in Starbucks

Starbucks logoStarbucks
Sig1.60Sen+0.40Env0.00Soc0.00Gov-0.15

Alyeska Investment Group L.P. bought 1,668,315 Starbucks shares worth about $170.5 million, adding to existing holdings disclosed by UBS Asset Management and other investors. UBS Asset Management Americas increased its stake, while New Mexico Educational Retirement Board and Toth Financial Advisory also bought shares. Insiders sold 6,687 shares and investors received a $0.62 dividend per share.

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