SAC Capital Raises Stake in Peet's Coffee & Tea, Inc. (PEET) to 5.72%

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January 23, 2012 4:35 PM EST
In a 13G filing on Peet's Coffee & Tea, Inc. (NASDAQ: PEET), Steven Cohen's hedge fund SAC Capital disclosed a 5.72%, or 740,074 share, stake in the company. This is up 32,516.75% from the 2,269 shares held at the end of the latest quarter ending September 30, 2011.

For more notable holders of Peet's Coffee & Tea, Inc. stock click here. For more information on SAC Capital click here.

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13Gs, Hedge Funds

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SAC Capital, Steven A. Cohen, Hedge Funds, 13G