Published: Sun, January 14, 2018
Business | By Tara Barton

Estabrook Capital Management Has $14.63 Million Holdings in Costco Wholesale Co. (COST)


The hedge fund run by Jonathan Savitz held 631,386 shares of the major chemicals company at the end of 2017Q3, valued at $7.86 million, down from 8.95M at the end of the previous reported quarter. The company has a market capitalization of $84,250.00, a PE ratio of 30.50, a PEG ratio of 3.14 and a beta of 0.98. The stock decreased 1.05% or $0.16 during the last trading session, reaching $15.04. Cirrus Logic, Inc. (NASDAQ:CRUS) has risen 97.50% since January 13, 2017 and is uptrending. It has outperformed by 6.79% the S&P500.

Jacobson & Schmitt Advisors LLC lessened its stake in Costco Wholesale Co.

Eashwar Krishnan decreased its stake in Salesforce Com Inc (CRM) by 28.21% based on its latest 2017Q3 regulatory filing with the SEC. Chesley Taft & Associates Llc bought 13,435 shares as the company's stock rose 1.54% with the market. The institutional investor held 6,900 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $1.13M, up from 2,900 at the end of the previous reported quarter. The stock increased 1.30% or $2.46 during the last trading session, reaching $191.84. The shares were sold at an average price of $160.58, for a total transaction of $802,900.00.

Costco Wholesale Corporation (NASDAQ:COST) last released its earnings results on Wednesday, December 7th. It has outperformed by 8.44% the S&P500.

Investors sentiment decreased to 1.34 in Q3 2017. Its up 0.28, from 1.12 in 2017Q2. It dropped, as 40 investors sold CRM shares while 234 reduced holdings.

Inc. MA Raises Position in Occidental Petroleum Corporation (OXY)
It worsened, as 59 investors sold OXY shares while 338 reduced holdings. 89 funds opened positions while 264 raised stakes. It improved, as 11 investors sold BCC shares while 52 reduced holdings. 62 funds opened positions while 213 raised stakes.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brinker stated it has 3,799 shares. The firm has "Buy" rating by Stifel Nicolaus given on Monday, November 9. Cim Investment Mangement Inc acquired 7,504 shares as Costco Wholesale Corp (COST)'s stock rose 1.54%. (NYSE:CIT). Riverhead Limited Company accumulated 10,430 shares. The Wisconsin-based Mason Street Ltd Liability has invested 0.25% in Costco Wholesale Corporation (NASDAQ:COST). Sumitomo Mitsui Asset Management Limited owns 0.11% invested in Costco Wholesale Corporation (NASDAQ:COST) for 42,957 shares. During the same period in the previous year, the business earned $1.24 earnings per share. sell-side analysts expect that Costco Wholesale Co. will post 6.61 EPS for the current fiscal year. Laurion Management Lp has 23,358 shares. Burney reported 0.02% in Costco Wholesale Corporation (NASDAQ:COST). Qs Invsts Ltd Liability invested in 39,984 shares.

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. New York State Common Retirement Fund owns 1.36 million shares or 0.29% of their USA portfolio. Harvey Invest Ltd Liability invested 1.39% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Zacks Investment Research lowered Costco Wholesale from a "buy" rating to a "hold" rating in a report on Monday, September 18th. Therefore 69% are positive. Jacobson & Schmitt Advisors LLC's holdings in Costco Wholesale were worth $4,983,000 at the end of the most recent reporting period. Wells Fargo & Company reaffirmed a "hold" rating and set a $152.50 price target on shares of Costco Wholesale Corporation in a research note on Friday, December 9th. The firm earned "Hold" rating on Friday, June 23 by Keefe Bruyette & Woods. Barclays Capital has "Equal-Weight" rating and $158 target. BMO Capital Markets maintained the stock with "Hold" rating in Friday, October 6 report. The firm has "Buy" rating given on Thursday, May 19 by Citigroup. On Friday, January 5 the stock rating was maintained by Tigress Financial with "Buy". Susquehanna Bancshares boosted their target price on shares of Costco Wholesale from $205.00 to $215.00 and gave the company a "positive" rating in a report on Friday, December 15th. On Monday, September 18 the stock rating was maintained by Stifel Nicolaus with "Buy". The company has an average rating of "Buy" and an average target price of $188.90. RBC Capital Markets maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, May 26. (NASDAQ:COST) by 32.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. It also upped Vereit Inc stake by 235,400 shares and now owns 651,425 shares. Finally, Ledyard National Bank boosted its stake in shares of Costco Wholesale by 19.1% during the 2nd quarter. On Monday, December 18 the insider Rose Timothy L. sold $966,000. 1,000 shares were sold by MEISENBACH JOHN W, worth $164,920 on Monday, October 2. The shares were sold at an average price of $187.92, for a total value of $1,312,621.20. Shares for $1.93 million were sold by PORTERA JOSEPH P. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company's stock. Union Pacific Corporation had 93 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Tuesday, June 20 by Northcoast. As per Friday, November 10, the company rating was maintained by RBC Capital Markets. They set a "buy" rating on the stock. The company was maintained on Thursday, September 28 by Jefferies. The rating was maintained by Argus Research with "Buy" on Thursday, December 10. The stock of NetEase, Inc. Capstone Fin Advsrs Inc holds 0.3% or 4,087 shares. (NYSE:NRZ). Bluefin Trading Ltd Liability Corp stated it has 28,223 shares or 0.06% of all its holdings.

Since August 2, 2017, it had 0 buys, and 16 sales for $7.97 million activity. The insider MOULTON PAUL G sold $1.40 million. $709,092 worth of Salesforce.com, inc. (NASDAQ:CRUS) was sold by Tupman David J. On Tuesday, August 8 the insider Carlson Randolph K sold $3.05 million. Another trade for 2,000 shares valued at $114,600 was sold by SCHUELE ALAN R.

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