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Investment firms boost stakes in Starbucks as the company beats earnings and announces dividend.
Several investment firms have recently increased their stakes in Starbucks, including Crux Wealth Advisors, which invested an additional $667,000, and Sterling Capital Management LLC, which increased its holdings by 1.7%.
Starbucks reported a slight beat on earnings per share with $0.69, and the stock has a market cap of $97.04 billion.
The company also announced a quarterly dividend of $0.61.
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Las empresas de inversión impulsan las acciones en Starbucks a medida que la compañía supera las ganancias y anuncia dividendos.