Economy

Costco Wholesale Corp (NASDAQ:COST) Institutional Investor Positioning

Costco Wholesale Corp (NASDAQ:COST) Institutional Investor Positioning

It turned negative, as 64 investors sold Costco Wholesale Corporation shares while 442 reduced holdings. Costco Whsl Corp New now has $80.73B valuation. Clearbridge Investments LLC now owns 2,388,496 shares of the retailer's stock worth $444,547,000 after acquiring an additional 1,711,003 shares during the last quarter. MOULTON PAUL G sold $2.21 million worth of stock or 11,674 shs.

Neville Rodie & Shaw Inc decreased its stake in Costco Wholesale Corp (COST) by 12.19% based on its latest 2017Q4 regulatory filing with the SEC. The stock outperformed the S&P 500 by 3.14%. It also reduced its holding in Old Dominion Fght Lines Inc (NASDAQ:ODFL) by 16,120 shares in the quarter, leaving it with 73,966 shares, and cut its stake in Abbvie Common Stock (NYSE:ABBV).

Bp Plc, which manages about $2.82B US Long portfolio, decreased its stake in Netflix Inc (NASDAQ:NFLX) by 5,000 shares to 46,000 shares, valued at $8.83 million in 2017Q4, according to the filing. Applied Matls Inc now has $54.99 billion valuation. The stock decreased 2.76% or $0.37 during the last trading session, reaching $13.06. The shares were sold at an average price of $186.91, for a total transaction of $560,730.00. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since April 7, 2017 and is uptrending. It has outperformed by 12.44% the S&P500.

Moors & Cabot Inc increased Ipg Photonics Corp (NASDAQ:IPGP) stake by 2,730 shares to 10,160 valued at $2.18 million in 2017Q4. Hilltop Holdings Inc (NYSE:HTH) was raised too.

Big Money Sentiment decreased to 0.98 in Q4 2017. It's down -0.21, from 1.19 in 2017Q3.

More news: Vigil planned tonight at home arena of Humboldt Broncos

TRADEMARK VIOLATION WARNING: "Alexandria Capital LLC Raises Position in Costco Wholesale Co". Funds hold 308.22 million shares thus 1.23% more from 2017Q3's 304.48 million shares. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Hold" rating by Jefferies on Friday, December 15. Northeast Inv Mgmt invested 1.63% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Granite Partners Limited Liability reported 30,135 shares stake. Amp Cap Investors Ltd invested 0.23% in General Electric Company (NYSE:GE). Shamrock Asset Management LLC lifted its stake in Costco Wholesale by 171.3% during the third quarter. Raymond James Financial Service Advsrs accumulated 154,927 shares. Chemung Canal Com holds 1,818 shares or 0.07% of its portfolio. Moreover, Nelson Roberts Invest Advisors Lc has 3.31% invested in Costco Wholesale Corporation (NASDAQ:COST) for 57,115 shares. Azimuth Cap reported 47,177 shares. Caprock Grp holds 0.1% or 32,804 shares. Vigilant Capital Mngmt Limited Liability Co has invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). 381.83 million shares or 0.86% less from 385.12 million shares in 2017Q3 were reported.

Since January 1, 0001, it had 0 insider buys, and 16 sales for $23.62 million activity. Another trade for 5,000 shares valued at $958,087 was sold by GALANTI RICHARD A. MEISENBACH JOHN W sold $573,930 worth of stock. Another trade for 40,359 shares valued at $9.91M was made by GAITHER JAMES C on Thursday, February 15. Westside Investment Management Inc. grew its position in Costco Wholesale by 0.3% during the 2nd quarter. 10,000 shs were sold by PORTERA JOSEPH P, worth $1.93M on Tuesday, October 24. ZOOK DENNIS R also sold $809,578 worth of Costco Wholesale Corporation (NASDAQ:COST) on Wednesday, October 4. Also, the number of investment professionals holding Costco Wholesale Corp in their top 10 equity positions increased from 26 to 37 for an increase of 11. Therefore 69% are positive. Costco had 24 analyst reports since November 3, 2017 according to SRatingsIntel. The rating was downgraded by JP Morgan on Wednesday, November 1 to "Neutral". 17,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $3.15 million were sold by Rose Timothy L. 5,000 shares valued at $943,080 were sold by Hines Daniel M. on Monday, January 8. Stifel Nicolaus has "Buy" rating and $185.0 target. The stock rating was maintained by RBC Capital Markets with "Buy" on Thursday, March 8. RBC Capital Markets maintained the shares of COST in report on Friday, December 15 with "Buy" rating. Arizona State Retirement System who had been investing in Costco Wholesale Corp for a number of months, seems to be less bullish one the $80.73B market cap company. On Wednesday, January 24 the firm has "Buy" rating given by BMO Capital Markets. As per Friday, October 13, the company rating was maintained by Citigroup. UBS upped their price target on shares of Costco Wholesale to $210.00 and gave the company a "buy" rating in a research report on Friday, December 15th.

In other news, VP Roland Michael Vachris sold 5,200 shares of the company's stock in a transaction that occurred on Monday, January 8th. The company was upgraded on Monday, December 18 by BMO Capital Markets. Hikari Tsushin Incorporated reported 0.07% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). They expect $1.66 earnings per share, up 18.57% or $0.26 from last year's $1.4 per share. The company has a market capitalization of $81,730.28, a PE ratio of 31.61, a P/E/G ratio of 2.63 and a beta of 0.96. After $-0.08 actual EPS reported by TripAdvisor, Inc. for the previous quarter, Wall Street now forecasts -162.50% EPS growth.

Analysts await TripAdvisor, Inc. (NASDAQ:AMAT) to report earnings on May, 17. Exane Derivatives accumulated 1 shares or 0% of the stock. COST's profit will be $728.44 million for 27.70 P/E if the $1.66 EPS becomes a reality. Jacobus Wealth Management Inc. bought a new stake in Costco Wholesale in the 3rd quarter valued at $103,000. (NYSE:PBF) has "Hold" rating given on Thursday, February 15 by RBC Capital Markets. Therefore 55% are positive. The stock rating was maintained by Robert W. Baird with "Buy" on Thursday, December 14. The stock of PBF Energy Inc. (NYSE:WM) has "Outperform" rating given on Friday, October 27 by Oppenheimer. The company was maintained on Friday, October 6 by Citigroup.


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