Costco (COST) Covered By Yet Another Research Firm

May 17, 2018 - By Jimmy Baldridge

Costco Wholesale Corporation (NASDAQ:COST) Logo

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It dropped, as 64 investors sold Costco Wholesale Corporation shares while 442 reduced holdings. 134 funds opened positions while 364 raised stakes. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported.

Bradley Foster Sargent Ct invested in 201,579 shares. Moreover, Sunbelt has 0.32% invested in Costco Wholesale Corporation (NASDAQ:COST). Commerce Comml Bank invested 0.44% in Costco Wholesale Corporation (NASDAQ:COST). Agf Invests reported 0.86% stake. First Washington reported 280 shares or 0.02% of all its holdings. Employees Retirement Systems Of Texas stated it has 0.06% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Riverhead Management accumulated 12,585 shares. Gateway Advisers Lc stated it has 27,858 shares or 0.04% of all its holdings. Cibc Bancorporation Usa invested in 0.03% or 1,130 shares. Nuveen Asset Management Ltd Liability Company has invested 0.02% in Costco Wholesale Corporation (NASDAQ:COST). The Illinois-based Glenview Bancshares Tru Dept has invested 0.15% in Costco Wholesale Corporation (NASDAQ:COST). Los Angeles Management & Equity Inc stated it has 0.19% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Element Cap Mngmt Limited Liability Corporation has invested 1.16% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 20,997 were reported by Univest Of Pennsylvania. Amica Pension Fund Board Of Trustees holds 0.25% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 11,528 shares.

Since December 18, 2017, it had 0 insider buys, and 15 selling transactions for $22.24 million activity. Murphy James P. also sold $937,421 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. On Monday, January 8 MOULTON PAUL G sold $1.31M worth of Costco Wholesale Corporation (NASDAQ:COST) or 6,985 shares. GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 22. 20,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $3.86M were sold by LIBENSON RICHARD M. MEISENBACH JOHN W also sold $560,730 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Another trade for 12,393 shares valued at $2.41 million was made by Miller Russell D on Thursday, April 19.

Why Has Loop Capital Given Costco (COST) a $224.0 Price Target

In a research note published on 17 May, Loop Capital analyst has today has begun coverage for Costco (COST) shares with a Buy rating. The target is set to $224.0.

The stock increased 0.49% or $0.97 during the last trading session, reaching $199.68. About 1.89M shares traded. Costco Wholesale Corporation (COST) has risen 14.69% since May 17, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on May, 31 after the close. They expect $1.67 EPS, up 19.29 % or $0.27 from last year’s $1.4 per share. COST’s profit will be $732.83M for 29.89 P/E if the $1.67 EPS becomes a reality. After $1.42 actual EPS reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 17.61 % EPS growth.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $87.62 billion. It offers branded and private-label products in a range of merchandise categories. It has a 29.76 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.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Finance.Yahoo.com which released: “Trade of the Day: Costco Wholesale Corporation Leads the Breakout” on May 17, 2018, also Nasdaq.com with their article: “What Costco’s 14% Dividend Boost Means” published on May 01, 2018, Seekingalpha.com published: “Costco Wholesale: Adapting To The Changing Landscape” on April 18, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Globenewswire.com and their article: “Costco Auto Program Announces Nationwide Special Offer with Volvo” published on May 04, 2018 as well as 247Wallst.com‘s news article titled: “Volvo Offers Employee New Car Pricing to Costco Members” with publication date: May 04, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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