Costco Wholesale Corp (NASDAQ:COST) Stock Sentiment Dropped to 0.98

May 17, 2018 - By Jack Shaw

Costco Wholesale Corporation (NASDAQ:COST) Corporate Logo

“Big money” Positions

“Big money sentiment for Costco Wholesale Corp (NASDAQ:COST) in 2017 Q4 decreased to 0.98, SEC filings reveal. That’s down -0.21, from 2017Q3’s 1.19. 498 hedge funds increased and started new positions, while 506 reduced and sold stakes in Costco Wholesale Corp so the sentiment worsened. Funds own 308.22 million shares, up from 304.48 million shares in 2017Q3. Funds holding Costco Wholesale Corp in top 10 increased from 26 to 37 for an increase of 11. In total 64 funds closed positions, 442 reduced and 364 increased. Also 134 funds bought new Costco Wholesale Corp stakes.

Largest Costco Wholesale Corp Shareholders

As of 2017 Q4 Greenbrier Partners Capital Management Llc has 7.53% invested in Costco Wholesale Corp. Costco Wholesale Corp’s shareholder Capital Investment Counsel Inc owns 83,729 shares as of 2017 Q4. Willow Creek Wealth Management Inc. reported 51,779 shares. Norman Fields Gottscho Capital Management Llc revealed 60,143 shares position in Costco Wholesale Corp. The New York-based fund Garrison Bradford & Associates Inc looks positive on Costco Wholesale Corp, owning 35,620 shares.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses.The firm is valued at $87.20 billion. It offers branded and private-label products in a range of merchandise categories.29.62 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.

COST touched $198.71 during the last trading session after $3.23 change.Costco Wholesale Corporation has volume of 1.77 million shares. Since May 17, 2017 COST has risen 14.69% and is uptrending. COST outperformed by 3.14% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) is expected to reveal earnings on May, 31 after the close., according to RTT. earnings per share of $1.67 is 19.29 % up from 2017’s $1.4 EPS. The profit will be $732.83 million for COST if $1.67 earnings per share becomes true. After $1.42 EPS report last quarter, Wall Street now forecasts 17.61 % EPS growth of Costco Wholesale Corporation.

Reilly Herbert Faulkner Iii holds 26,349 shs. State Street Corporation, Massachusetts-based fund reported 17.99M shs. Profit Investment Mngmt Ltd Liability Company holds 7,217 shs or 1.03% of its capital. Prescott Gru Cap Mgmt Limited Liability stated it has 1,200 shs or 0.05% of all its holdings. New York-based Virtu Fincl Ltd Liability Corporation has invested 0.08% in Costco Wholesale Corporation (NASDAQ:COST). Woodmont Counsel Llc has 11,199 shs. Tower Limited Liability Company (Trc) accumulated 9,851 shs or 0.24% of the stock. Moreover, Hm Payson & has 0.01% invested in Costco Wholesale Corporation (NASDAQ:COST). Colonial Trust invested in 1.18% or 41,017 shs. 241,758 were accumulated by Korea Invest. State Common Retirement Fund, New York-based fund reported 1.37 million shs. Baystate Wealth Mngmt Ltd Llc holds 0.02% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 598 shs. Cape Cod Five Cents Savings Bank has 21,309 shs. Louisiana State Employees Retirement holds 0.22% or 26,500 shs. 300 were accumulated by Strategies.

Costco Wholesale Corporation registered $22.24 million net activity with 0 buys and 15 sales since December 18, 2017. On Thursday, April 19 Miller Russell D sold $2.41M worth of Costco Wholesale Corporation (NASDAQ:COST) or 12,393 shs. Rose Timothy L. sold $966,000 worth of stock or 5,000 shs. $943,080 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Hines Daniel M.. On Monday, December 18 20,000 shs were sold by LIBENSON RICHARD M, worth $3.86 million. On Thursday, February 1 $580,230 worth of stock was sold by MEISENBACH JOHN W. On Monday, January 8 Vachris Roland Michael also sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST).

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

A total of 17 analysts rate Costco (NASDAQ:COST) as follows: 14 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 82% are bullish. The firm has $230.0 highest and $175.0 lowest target. The avg target $205.08 is 3.21% above the last ($198.71) price. (NASDAQ:COST) has 25 ratings reports on 17 May 2018 according to StockzIntelligence. On Friday, December 15 the rating was maintained by Cowen & Co with “Buy”. In Wednesday, November 22 report Guggenheim maintained the stock with “Hold” rating. The company rating was maintained by UBS on Thursday, May 3. On Monday, April 16 the company was upgraded by Wells Fargo. On Thursday, April 12 Susquehanna maintained the shares of COST in report with “Buy” rating. On Friday, December 15 the firm earned “Hold” rating by Jefferies. The stock rating was maintained by Robert W. Baird with “Buy” on Thursday, April 12. On Wednesday, January 24 the firm earned “Buy” rating by BMO Capital Markets. On Friday, December 15 the rating was maintained by RBC Capital Markets with “Buy”. On Friday, December 15 the firm earned “Hold” rating by Guggenheim.

For more Costco Wholesale Corporation (NASDAQ:COST) news posted briefly go to: Globenewswire.com, Seekingalpha.com, Investorplace.com, Globenewswire.com or Foxbusiness.com. The titles are as follows: “Costco Auto Program Announces Nationwide Special Offer with Volvo” posted on May 04, 2018, “Costco Wholesale: Adapting To The Changing Landscape” on April 18, 2018, “Is Prime Really Beating Costco Wholesale Corporation?” with a publish date: April 24, 2018, “Costco Wholesale Corporation Reports April Sales Results” and the last “3 Reasons to Buy Kraft Heinz Stock, 1 Reason to Sell” with publication date: May 16, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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