Costco Wholesale Corp (NASDAQ:COST) Big Money Sentiment Index Dropped in Q4 2017 to 0.98

May 17, 2018 - By Steve Marquez

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, according to SEC.gov filings. So its down -0.21, from 2017Q3’s 1.19. 498 institutional investors increased and started new positions, while 506 cut down and sold positions in Costco Wholesale Corp so the sentiment has dropped. Funds own 308.22 million shares, up from 304.48 million shares in 2017Q3. Funds holding Costco Wholesale Corp in top 10 changed to 37 from 26 for an increase of 11. 64 Investors Sold All; 442 Reduced Holdings; 364 increased stakes while 134 institutional investors bought stakes.

Biggest Costco Wholesale Corp Investors

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. Furthermore, Willow Creek Wealth Management Inc. reported 51,779 shares in Costco Wholesale Corp equivalent to 6.36% of its fund portfolio. Norman Fields Gottscho Capital Management Llc revealed 60,143 shares position in Costco Wholesale Corp. The New York-based fund Garrison Bradford & Associates Inc holds 35,620 shares or 5.48% of their fund portfolio.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses.The company has $87.20 billion market cap. It offers branded and private-label products in a range of merchandise categories.The P/E ratio is 29.62. 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 $198.71 during the last trading session after 1.65% change.Currently Costco Wholesale Corporation is uptrending after 14.69% change in last May 17, 2017. COST has 1.77 million shares volume. COST outperformed the S&P500 by 3.14%.

On May, 31 after the close. Investors wait Costco Wholesale Corporation (NASDAQ:COST) to publish its quarterly earnings, according to Faxor. Analysts expect change of 19.29 % or $0.27 from previous year’s $1.4 EPS compared to current’s $1.67 EPS. If COST’s EPS is $1.67 the profit will hit $732.83M for 29.75 P/E. After $1.42 EPS was published last quarter, analysts now see EPS growth of 17.61 % for Costco Wholesale Corporation.

Bessemer Group Incorporated owns 0.28% invested in Costco Wholesale Corporation (NASDAQ:COST) for 387,713 shs. Peak Asset Management Lc invested 0.12% in Costco Wholesale Corporation (NASDAQ:COST). Joel Isaacson Ltd Com invested in 1,567 shs or 0.05% of the stock. Carroll Assocs Incorporated stated it has 2,098 shs. Bnp Paribas Arbitrage Sa has invested 0.07% in Costco Wholesale Corporation (NASDAQ:COST). Liberty Mngmt holds 20,082 shs or 2.04% of its capital. Global X Management Limited Com has invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Heritage Investors holds 0.15% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 13,217 shs. Fifth Third Bancorporation, a Ohio-based fund reported 14,834 shs. Balasa Dinverno & Foltz Lc accumulated 0.06% or 2,292 shs. Monetta Service holds 2.41% or 25,000 shs. Bluestein R H has invested 2.67% in Costco Wholesale Corporation (NASDAQ:COST). 330 are owned by Goodman. Com Bank owns 180,255 shs. Principal Financial Group Inc holds 0.23% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 1.32M shs.

Costco Wholesale Corporation had 15 insider sales and 0 insider purchases since December 18, 2017. This’s net activity of $22.24 million. GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 22. MEISENBACH JOHN W had sold 3,000 shs worth $580,230 on Thursday, February 1. On Thursday, March 22 the insider Rose Timothy L. sold $2.21 million. $3.86 million worth of stock was sold by LIBENSON RICHARD M on Monday, December 18. Vachris Roland Michael sold $977,510 worth of stock. 6,985 Costco Wholesale Corporation (NASDAQ:COST) shs with value of $1.31M were sold by MOULTON PAUL G.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

In total 17 analysts cover Costco (NASDAQ:COST). “Buy” rating has 14, “Sell” are 0, while 3 are “Hold”. (NASDAQ:COST) has 82% bullish analysts. With $230.0 highest and $175.0 lowest target, Costco has $205.08 average target or 3.21% above the current ($198.71) price. 25 are the (NASDAQ:COST)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. In Tuesday, December 5 report Raymond James maintained it with “Buy” rating and $202.0 target. On Wednesday, November 22 the firm has “Hold” rating by Guggenheim given. In Wednesday, January 24 report BMO Capital Markets maintained the stock with “Buy” rating. On Friday, January 12 the firm has “Buy” rating by Gordon Haskett given. On Friday, December 15 the firm has “Buy” rating given by RBC Capital Markets. On Monday, January 8 the firm has “Buy” rating given by Oppenheimer. On Tuesday, January 23 the firm has “Buy” rating by Susquehanna given. The company rating was maintained by Stifel Nicolaus on Thursday, January 4. On Monday, December 18 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Outperform” rating given by BMO Capital Markets. On Monday, April 16 the firm has “Outperform” rating given by Wells Fargo.

For more Costco Wholesale Corporation (NASDAQ:COST) news published briefly go to: Nasdaq.com, 247Wallst.com, Investorplace.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “What Costco’s 14% Dividend Boost Means” published on May 01, 2018, “Volvo Offers Employee New Car Pricing to Costco Members” on May 04, 2018, “Is Prime Really Beating Costco Wholesale Corporation?” with a publish date: April 24, 2018, “Costco Wholesale: Adapting To The Changing Landscape” and the last “Walmart Inc Chases Its Great White Whale to India” with publication date: May 10, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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