Hollencrest Capital Cuts Starbucks Stake by 82% in SEC Filing
Hollencrest Capital Management cut its Starbucks stake by 82% in the second quarter, selling 16,727 shares and leaving 3,683 shares worth about $376,000. Elgethun Capital Management and Sunbelt Securities also reported share increases. Starbucks reported quarterly EPS of $0.85, topping the $0.66 consensus, and paid a quarterly dividend on Aug. 28.