Published: Sun, April 22, 2018
People | By Leon Thompson

Costco Wholesale (NASDAQ:COST) Getting Positive Media Coverage, Study Shows


The stock decreased 0.92% or $0.25 during the last trading session, reaching $26.85. About 1.46 million shares traded. Leucadia National Corporation (NYSE:LUK) has declined 13.54% since April 21, 2017 and is downtrending. It has underperformed by 46.69% the S&P500.

Merriman Wealth Management Llc decreased its stake in Costco Whsl Corp New (COST) by 51.33% based on its latest 2017Q4 regulatory filing with the SEC. Payden & Rygel sold 15,700 shares as Costco Wholesale (COST)'s stock declined 1.86%. The institutional investor held 4,877 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $908,000, down from 10,021 at the end of the previous reported quarter. Madrona Financial Services Llc who had been investing in Costco Whsl Corp New for a number of months, seems to be bullish on the $84.94B market cap company.

COST traded down $1.51 during midday trading on Friday, hitting $193.56. About 3.49 million shares traded or 47.63% up from the average.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Wednesday, March 7th. COST outperformed the S&P 500 by 3.14%. The fund owned 14,776 shares of the retailer's stock after buying an additional 2,462 shares during the period. MEISENBACH JOHN W also sold $580,230 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Vetr raised shares of Costco Wholesale from a "hold" rating to a "buy" rating and set a $200.28 target price for the company in a report on Thursday, January 4th. In the last 90 days, insiders sold 62,067 shares of company stock valued at $11,690,902. 20,000 shares were sold by LIBENSON RICHARD M, worth $3.86 million on Monday, December 18. Comm Financial Bank reported 0.44% in Costco Wholesale Corporation (NASDAQ:COST). Therefore 72% are positive.

Costco Wholesale Corporation registered $24.39 million net activity with 0 insider buys and 16 sales since October 24, 2017. The company was maintained on Friday, February 12 by Oppenheimer. The rating was maintained by RBC Capital Markets on Thursday, June 29 with "Buy". As per Friday, April 7, the company rating was maintained by BMO Capital Markets. Telsey Advisory Group lifted their price objective on shares of Costco Wholesale from $186.00 to $195.00 and gave the company an "outperform" rating in a research note on Friday, December 15th. The rating was maintained by Brean Capital with "Buy" on Friday, August 28. Deutsche Bank maintained the shares of COST in report on Wednesday, September 30 with "Hold" rating. Stifel Nicolaus has "Buy" rating and $19100 target. As per Friday, October 6, the company rating was maintained by UBS. The rating was maintained by Jefferies on Monday, June 12 with "Hold". (NASDAQ:COST) has 27 ratings reports on April 20, 2018 according to StockzIntelligence.

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Investors sentiment decreased to 0.98 in Q4 2017. It's down -0.25, from 1.25 in 2017Q3. It dived, as 64 investors sold COST shares while 442 reduced holdings. Capital World Investors raised its position in Costco Wholesale by 6.0% during the second quarter. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported. 454,252 are held by Aqr Mngmt Ltd Com. They expect $0.32 EPS, down 57.33% or $0.43 from last year's $0.75 per share. Synovus Financial Corp now owns 21,611 shares of the retailer's stock worth $3,542,000 after purchasing an additional 6,211 shares during the last quarter. Argus increased their price objective on shares of Costco Wholesale to $200.00 and gave the company a "buy" rating in a report on Monday, February 12th. Barclays Public Ltd Com accumulated 4,696 shares or 0% of the stock. Clearbridge Ltd Co stated it has 0.41% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST).

Savant Cap Ltd has 0.22% invested in Costco Wholesale Corporation (NASDAQ:COST). Also, the number of active investment managers holding Benefitfocusinc in top ten holdings was flat from 0 to 0 for the same number. Oregon Employees Retirement Fund invested in 0.28% or 105,453 shares. Piermont Capital Management Inc., a Missouri-based fund reported 88,372 shares. Following the transaction, the director now directly owns 717,296 shares in the company, valued at approximately $119,322,189.60. State Treasurer State Of Michigan holds 0.02% or 91,946 shares. Fundx Investment Grp Ltd holds 0.18% or 1,942 shares in its portfolio.

Coastline Trust Co, which manages about $664.71M US Long portfolio, decreased its stake in Oneok Inc New (NYSE:OKE) by 8,644 shares to 11,650 shares, valued at $622,000 in 2017Q4, according to the filing. It also reduced Microsoft (NASDAQ:MSFT) stake by 49,854 shares and now owns 23,306 shares. Ashford Capital Management Inc owns 362,615 shares or 1.07% of their USA portfolio.

Analysts await Benefitfocus, Inc. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-one have issued a buy rating and one has given a strong buy rating to the stock. Therefore 0 are positive. Identive Group had 9 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned "Outperform" rating on Thursday, December 8 by RBC Capital Markets. Keefe Bruyette & Woods maintained Manning & Napier, Inc. (NYSE:LOW) on Tuesday, January 16 with "Buy" rating. Hilliard Lyons upgraded the stock to "Buy" rating in Monday, November 6 report. The company was maintained on Tuesday, January 2 by Robert W. Baird. The firm earned "Neutral" rating on Monday, November 9 by Citigroup. The firm has "Hold" rating given on Wednesday, July 5 by Wells Fargo. The firm has "Neutral" rating given on Friday, July 15 by Credit Suisse.

Investors sentiment increased to 1.15 in 2017 Q4. The firm has a market cap of $82,858.05, a P/E ratio of 32.46, a PEG ratio of 2.67 and a beta of 0.96. Hikari Tsushin invested in 1,400 shares. For the next fiscal year, analysts forecast that the business will report earnings of $7.65 per share, with EPS estimates ranging from $7.35 to $8.05. Shamrock Asset Management LLC increased its stake in Costco Wholesale by 171.3% in the third quarter. (NASDAQ:INVE). Essex Management Limited Co reported 418,988 shares. Korea Invest invested in 0.02% or 136,800 shares. (NYSE:LOW). Brinker Capital owns 112,584 shares or 0.41% of their USA portfolio. American Commercial Bank reported 125 shares. Renaissance Technology Ltd Co reported 330,639 shares stake. California State Teachers Retirement stated it has 0.28% in Costco Wholesale Corporation (NASDAQ:COST). Ferguson Wellman Mgmt Inc owns 14,756 shares. (NYSE:MN). Northern Corporation stated it has 30,782 shares. Captrust Fincl Advisors invested 0.41% in Lowe's Companies, Inc. Colorado-based Advisors Asset Mngmt has invested 0.19% in Costco Wholesale Corporation (NASDAQ:COST).

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