SlateStone Wealth LLC cut its stake in Starbucks Co. ( NASDAQ:SBUX – Get Rating ) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,840 shares of the coffee company's stock after selling 205 shares during the period. SlateStone Wealth LLC's holdings in Starbucks were worth $679,000 at the end of the most recent reporting period. Other hedge funds also recently added to or reduced their stakes in the company.

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