As Costco (COST) Shares Rose, Van Hulzen Asset Management LLC Decreased Stake

June 27, 2018 - By Carey Conley

Costco Wholesale Corporation (NASDAQ:COST) Corporate LogoBig Money Sentiment decreased to 0.92 in Q1 2018. It has change of 0.06, from 2017Q4’s 0.98. The ratio dived due to COST positioning: 62 sold and 440 reduced. 92 funds acquired holdings and 371 increased holdings. Investors holded 308.22 million in 2017Q4 but now own 305.24 million shares or 0.97% less. Smart Portfolios Ltd Liability Com holds 600 shs or 0.07% of its capital. Jane Street Lc reported 86,178 shs. The New York-based Ibm Retirement Fund has invested 0.37% in Costco Wholesale Corporation (NASDAQ:COST). The Maryland-based Sol has invested 0.36% in Costco Wholesale Corporation (NASDAQ:COST). Somerset Tru, Pennsylvania-based fund reported 14,170 shs. Boys Arnold And Incorporated owns 14,081 shs. Alyeska Inv Gp Lp reported 429,080 shs. San Francisco Sentry Inv Grp (Ca) owns 7,397 shs or 0.4% of their US capital. Headinvest Llc invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). Park National Corp Oh reported 0.03% stake. Arrowmark Colorado reported 0.01% stake. Moreover, Smith Salley And Assocs has 0.19% invested in Costco Wholesale Corporation (NASDAQ:COST) for 5,498 shs. Wealthfront owns 24,649 shs. Meridian Management stated it has 0.85% in Costco Wholesale Corporation (NASDAQ:COST). Sabal Tru invested in 0.03% or 1,669 shs.

COST had 17 insider sales and 0 insider purchases since January 5, 2018. This’s net activity of $20.64 million. Rose Timothy L. sold $3.15M worth of stock or 17,000 shs. On Thursday, March 1 $573,930 worth of stock was sold by MEISENBACH JOHN W. Another trade for 2,406 shs valued at $498,315 was made by GALANTI RICHARD A on Friday, June 15. Hines Daniel M. sold $1.43 million worth of stock. Miller Russell D had sold 12,393 shs worth $2.41 million. Murphy James P. also sold $937,421 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, January 5.

The stake In Costco (COST) was decreased owned by Van Hulzen Asset Management Llc. According to 2018Q1 Securities and Exchange form the decrease is 62.04%. The company’s stock rose 2.88% while stock markets declined as Van Hulzen Asset Management Llc sold 26,462 shares. The department and specialty retail stores company announced $3.05 million value for the 2018Q1. Now the institutional investor is holding 16,188 shares, compared to the 42,650 from the previous quarter. For a total of 48,466 shares it increased its holding in Medtronic by 45,364 shares in the quarter, and has risen its stake in Kimberly Clark (NYSE:KMB).

Costco Wholesale Corporation (NASDAQ:COST)’s quarterly earnings will be announced on October, 4., as reported by RTT. This year’s earnings per share analyst estimate is expected to be $2.28. That is 9.62 % up compareed to $2.08 earnings per share for last year. If $2.28 is reported, COST’s profit will hit $999.88 million for 23.23 P/E. Last quarter $1.70 earnings per share was reported. Analysts sees 34.12 % EPS growth this quarter.

For more Costco Wholesale Corporation (NASDAQ:COST) news released briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Investorplace.com or Nasdaq.com. The titles are as follows: “Costco: Small Margins But Large Growth” released on June 15, 2018, “Lovesac prices IPO at $16/share, above range” on June 26, 2018, “BJ’s Wholesale preps for IPO” with a publish date: June 18, 2018, “Costco Is Still Among the Best Retail Stocks to Buy” and the last “Should You Invest in Emerging Market ETFs Right Now?” with publication date: June 22, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

A total of 15 analysts rate Costco (NASDAQ:COST) as follows: 15 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $230.0 highest and $200.0 lowest target. The avg target $216.15 is 2.01% above the last ($211.9) price. (NASDAQ:COST) has 19 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Monday, April 16 the firm has “Outperform” rating given by Wells Fargo. On Thursday, May 3 the firm has “Buy” rating by UBS given. On Thursday, March 8 the firm has “Buy” rating given by RBC Capital Markets. In Wednesday, January 24 report BMO Capital Markets maintained it with “Buy” rating and $223.0 target. On Wednesday, May 30 the company was maintained by Argus Research. On Friday, June 1 the stock has “Buy” rating by Citigroup. On Friday, January 12 the rating was upgraded by Gordon Haskett to “Buy”. On Wednesday, May 16 the stock has “Buy” rating by Loop Capital Markets. In Friday, January 5 report Tigress Financial maintained the stock with “Buy” rating. On Thursday, March 8 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given by Robert W. Baird.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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