Costco Wholesale Corp (NASDAQ:COST) Big Money Sentiment Is 0.92

June 27, 2018 - By Alice Reed

Costco Wholesale Corporation (NASDAQ:COST) Corporate Logo

Costco Wholesale Corp’s Sentiment

“Big money sentiment for Costco Wholesale Corp (NASDAQ:COST) in Q1 2018 decreased to 0.92, according to SEC filings. So its down -0.06, from 2017Q4’s 0.98. 463 hedge funds increased and opened new positions, while 502 sold and decreased their stakes in Costco Wholesale Corp so the sentiment dropped. Funds own 305.24 million shares, down from 308.22 million shares in 2017Q4. Funds holding Costco Wholesale Corp in top 10 changed to 38 from 37 for an increase of 1. In total 62 funds closed positions, 440 reduced and 371 increased. Also 92 funds bought new Costco Wholesale Corp stakes.

Biggest Costco Wholesale Corp Shareholders

Tyvor Capital Llc owns 250,359 shares in Costco Wholesale Corp as of Q1 2018. Costco Wholesale Corp’s shareholder Greenbrier Partners Capital Management Llc owns 225,000 shares as of Q1 2018. Capital Investment Counsel Inc reported 83,079 shares. The New York-based fund Norman Fields Gottscho Capital Management Llc have invested about 6.19% of the fund’s stock portfolio in Costco Wholesale Corp. The New York-based fund Garrison Bradford & Associates Inc holds 35,620 shares or 5.71% of their equity exposure.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses.The company has $92.13 billion market cap. It offers branded and private-label products in a range of merchandise categories.30.76 is the P/E ratio. The firm provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio; meat, bakery, deli, and produces; and apparel and small appliances.

Ticker’s shares touched $210.09 during the last trading session after 0.78% change.Currently Costco Wholesale Corporation is uptrending after 13.52% change in last June 27, 2017. COST has also 1.84M shares volume. COST outperformed by 0.95% the S&P 500.

Investors wait Costco Wholesale Corporation (NASDAQ:COST)’s quarterly earnings on October, 4., according to Zacks. The EPS diference is $0.20 or 9.62 % up from last years number. Previous year: $2.08; Analysts forcast: $2.28. If reported the P/E will be 23.04 with $999.87 million profit. 34.12 % EPS growth is what Wall Street’s sees after $1.70 reported EPS last quarter.

Quantres Asset Management Ltd invested 0.3% in Costco Wholesale Corporation (NASDAQ:COST). Marathon Asset Llp owns 268,994 shs. Horan Mngmt holds 0.17% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 4,093 shs. Clearbridge Investments Ltd accumulated 2.46 million shs. Mount Vernon Assocs Inc Md has invested 3.94% in Costco Wholesale Corporation (NASDAQ:COST). State Street has invested 0.28% in Costco Wholesale Corporation (NASDAQ:COST). First City Cap Mngmt has 0.15% invested in Costco Wholesale Corporation (NASDAQ:COST). Florida-based Texas Yale Cap Corp has invested 0.12% in Costco Wholesale Corporation (NASDAQ:COST). Montgomery Invest invested 0.1% in Costco Wholesale Corporation (NASDAQ:COST). Thrivent For Lutherans has invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). Savings Bank Of America Corp De accumulated 6.95M shs. Nadler Fincl Gru Inc Inc accumulated 0.06% or 1,085 shs. Nuwave Invest Llc has invested 0.26% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Aviance Cap Prtnrs Limited Company owns 1,978 shs or 0.11% of their US capital. Gfs Advsrs Ltd holds 0.07% or 1,774 shs in its capital.

Costco Wholesale Corporation had 17 selling transactions and 0 insider purchases since January 5, 2018. This’s net activity of $20.64 million. Shares for $1.31 million were sold by MOULTON PAUL G. On Monday, January 8 Shares for $943,080 were sold by Hines Daniel M.. On Monday, January 8 Shares for $977,510 were sold by Vachris Roland Michael. On Thursday, March 22 a trade for 12,000 shs valued at $2.21M was made by Rose Timothy L.. 5,000 shs were sold by Murphy James P., worth $937,421. $2.41M worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Miller Russell D.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

In total 15 analysts cover Costco (NASDAQ:COST). “Buy” rating has 15, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $230.0 highest and $200.0 lowest price target Costco has $216.15 average price target or 2.88% above the current ($210.09) price. 19 are the (NASDAQ:COST)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Thursday, June 7 Robert W. Baird maintained Costco Wholesale Corporation (NASDAQ:COST) rating. Robert W. Baird has “Buy” rating and $23000 target. On Wednesday, May 16 Loop Capital Markets initiated Costco Wholesale Corporation (NASDAQ:COST) with “Buy” rating. On Friday, January 5 Tigress Financial maintained Costco Wholesale Corporation (NASDAQ:COST) with “Buy” rating. On Friday, June 15 Cowen & Co maintained Costco Wholesale Corporation (NASDAQ:COST) rating. Cowen & Co has “Buy” rating and $22800 target. On Friday, June 1 JP Morgan maintained the shares of COST in report with “Overweight” rating. On Friday, January 12 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Gordon Haskett. The company rating was maintained by Oppenheimer on Monday, January 8. On Wednesday, January 24 the firm has “Buy” rating given by BMO Capital Markets. The stock rating was upgraded by Wells Fargo to “Outperform” on Monday, April 16. In Wednesday, May 30 report Argus Research maintained the stock with “Buy” rating.

For more Costco Wholesale Corporation (NASDAQ:COST) news announced briefly go to: Fool.com, Seekingalpha.com, Seekingalpha.com, Fool.com or Seekingalpha.com. The titles are as follows: “Costco’s Growth Is Accelerating” announced on June 14, 2018, “Costco lifts wages” on June 01, 2018, “Costco: Cheaper Than You Think” with a publish date: June 15, 2018, “4 Things Costco Management Wants Investors to Know” and the last “Costco Investors Can’t Ignore The Valuation” with publication date: May 31, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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