Monday, 22 October 2018
Latest news
Main » Costco Wholesale Corporation (COST) Stake Cut by First Dallas Securities Inc

Costco Wholesale Corporation (COST) Stake Cut by First Dallas Securities Inc

14 January 2018

COST is now undervalued by -5.29% relative to the average 1-year price target of $199.96 taken from a group of Wall Street Analysts. The institutional investor held 57,459 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $9.44M, up from 24,026 at the end of the previous reported quarter. As a company has 442.34M shares outstanding and its current share price is $191.57, the market cap is $83.77B. Capital World Investors now owns 17,777,162 shares of the retailer's stock worth $2,843,102,000 after purchasing an additional 1,007,720 shares during the period. FMR LLC now owns 12,099,104 shares of the retailer's stock valued at $2,028,898,000 after acquiring an additional 177,200 shares during the last quarter.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, December 14th. It has outperformed by 8.44% the S&P500.

Papp L Roy & Associates increased its stake in Costco Whsl Corp New (COST) by 6.67% based on its latest 2017Q3 regulatory filing with the SEC. Following the completion of the transaction, the vice president now directly owns 52,529 shares in the company, valued at approximately $10,148,602.80. Excalibur Management Corp who had been investing in Intel Corp for a number of months, seems to be less bullish one the $202.36B market cap company. The stock decreased 0.07% or $0.03 during the last trading session, reaching $46.04. About 1.41 million shares traded. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.57. It has underperformed by 5.48% the S&P500.

Since August 1, 2017, it had 0 insider buys, and 14 sales for $15.23 million activity.

Costco Wholesale Corporation (NASDAQ:COST) current P/S is an impressive 0.61. Bryant Diane M sold $67,048 worth of stock. Navellier Associates holds 11,877 shares. Rose Timothy L. had sold 5,000 shares worth $966,000. (NASDAQ:COST) traded up $2.46 on Friday, hitting $191.84.

Investors sentiment increased to 1.58 in Q3 2017. Its down -0.09, from 1.28 in 2017Q2. It turned negative, as 69 investors sold COST shares while 383 reduced holdings. 41 funds opened positions while 84 raised stakes. The active investment managers in our partner's database now have: 304.48 million shares, down from 311.53 million shares in 2017Q2. Alpha Windward LLC raised its position in Costco Wholesale Corporation by 0.7% in the third quarter. Hudock Cap Grp Ltd holds 323 shares. Intrust State Bank Na accumulated 0.19% or 3,559 shares.

Ipswich Investment Management Co decreased Costco Whsl Corp New (COST) stake by 66.78% reported in 2017Q3 SEC filing. Pecaut And has 11,785 shares for 1.58% of their portfolio. Opus Invest Mngmt, Massachusetts-based fund reported 7,200 shares.

TRADEMARK VIOLATION NOTICE: "Costco Wholesale Co". Wendell David Inc holds 0.04% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 1,314 shares. Steginsky Capital LLC's holdings in Costco Wholesale were worth $22,548,000 as of its most recent SEC filing. Jefferies maintained Costco Wholesale Corporation (NASDAQ:COST) on Tuesday, August 22 with "Hold" rating. M&T Natl Bank holds 211,164 shares or 0.19% of its portfolio. BlackRock Inc. lifted its stake in shares of Costco Wholesale by 2.9% in the second quarter. Moffett Nathanson assumed coverage on Costco Wholesale in a report on Monday, December 4th. Alpha Windward LLC now owns 1,332 shares of the retailer's stock valued at $203,000 after buying an additional 9 shares during the last quarter. COST's profit will be $623.53 million for 33.66 P/E if the $1.42 EPS becomes a reality. Moreover, New England Rech & Mngmt has 1.11% invested in Costco Wholesale Corporation (NASDAQ:COST) for 9,250 shares. Therefore 40% are positive. Costco Wholesale had 118 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Buy" rating by Citigroup on Monday, December 19.

Heading into the stock price potential, Costco Wholesale Corporation needs to grow just 6.14% to cross its median price target of $201. Also, Director Richard M. Libenson sold 20,000 shares of the business's stock in a transaction dated Monday, December 18th. As per Friday, January 20, the company rating was reinitiated by Stifel Nicolaus. The rating was maintained by Susquehanna with "Buy" on Thursday, January 4. Ten equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company's stock. (NYSE:MXL) by 39,665 shares in the quarter, leaving it with 767,485 shares, and cut its stake in Supernus Pharmaceuticals Inc. Analysts' mean recommendation for the stock is 2.10 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 52% are positive. Edwards Lifesciences Corp had 93 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, May 12, the company rating was downgraded by HSBC. Credit Suisse maintained the stock with "Outperform" rating in Thursday, October 26 report. The stock now has a consensus rating of "Buy" and a consensus target price of $188.90. The firm has "Buy" rating by Canaccord Genuity given on Monday, September 4. (NYSE:TV) earned "Reduce" rating by HSBC on Tuesday, February 28. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Hold" rating by Deutsche Bank on Wednesday, June 28. Oppenheimer maintained it with "Buy" rating and $18500 target in Friday, May 26 report. The firm has "Hold" rating by BMO Capital Markets given on Wednesday, July 12. The stock has "Buy" rating by Northcoast on Tuesday, June 20.

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.14, from 0.94 in 2017Q2. It also reduced its holding in Maxlinear Inc. Toth Fin Advisory has invested 0.27% in Intel Corporation (NASDAQ:INTC). Cibc Asset Mgmt reported 58,462 shares. 32,426 are owned by Yhb Invest Inc. $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Vachris Roland Michael on Monday, January 8. Cetera Advsrs Ltd Liability has 6,981 shares for 0.07% of their portfolio. Birmingham Co Inc Al reported 2.05% of its portfolio in The Coca-Cola Company (NYSE:KO).