As Costco (COST) Shares Rose, Shareholder Van Hulzen Asset Management LLC Decreased by $4.97 Million Its Stake

June 27, 2018 - By Brenda Gibbons

Costco Wholesale Corporation (NASDAQ:COST) Corporate LogoDuring Q1 2018 the big money sentiment decreased to 0.92. That’s change of 0.06, from 2017Q4’s 0.98. 62 investors sold all, 440 reduced holdings as COST ratio worsened. 371 increased positions while 92 funds acquired positions. Funds hold 305.24 million shares thus 0.97% less from 2017Q4’s 308.22 million shares. New York-based Estabrook Capital Mgmt has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Bollard Gp Ltd Limited Liability Company, a Massachusetts-based fund reported 15,594 shs. Barrett Asset Mgmt Ltd Liability Company has invested 0.45% in Costco Wholesale Corporation (NASDAQ:COST). Lourd Limited Liability invested in 4.97% or 196,261 shs. Boston Common Asset Mngmt Limited Co holds 0.74% in Costco Wholesale Corporation (NASDAQ:COST) or 33,427 shs. Cwh Cap Mgmt has 3,241 shs for 0.29% of their capital. Murphy Pohlad Asset Mgmt Limited Liability invested in 0.25% or 1,930 shs. National Pension Service holds 0.34% in Costco Wholesale Corporation (NASDAQ:COST) or 363,966 shs. Crawford Inv Counsel Incorporated has invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Millennium Management Lc reported 102,806 shs. Pennsylvania Tru holds 0.25% or 28,599 shs in its capital. Jolley Asset Mngmt Lc, North Carolina-based fund reported 40 shs. Davis R M stated it has 0.84% in Costco Wholesale Corporation (NASDAQ:COST). Gemmer Asset Mngmt Ltd Liability Corporation has invested 0.7% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Northstar Asset Management Limited Liability Co reported 0.11% stake.

COST had 17 insider sales and 0 buys since January 5, 2018. This’s net activity of $20.64 million. Another trade for 2,500 shs valued at $512,970 was sold by Rose Timothy L.. On Friday, June 15 GALANTI RICHARD A had sold 2,406 shs worth $498,315. On Monday, June 18 Shares for $1.16 million were sold by MOULTON PAUL G. 12,393 Costco Wholesale Corporation (NASDAQ:COST) shs with value of $2.41 million were sold by Miller Russell D. On Wednesday, June 13 7,000 shs were sold by Hines Daniel M., worth $1.43M. On Friday, January 5 the insider Murphy James P. sold $937,421.

Van Hulzen Asset Management Llc’s holdings in Costco (COST) is decreased by 62.04% based on its latest 2018Q1 regulatory filing with the SEC. By selling 26,462 shares Van Hulzen Asset Management Llc made the stock popped up with 2.88%. At the end of 2018Q1, the institutional investor held 16,188 shares of the department and specialty retail stores company, valued at $3.05 million, down from 42,650 at the end of the previous reported quarter. Van Hulzen Asset Management Llc has risen its stake in Medtronic and also increased its holding in Citigroup (NYSE:C) by 56,444 shares in the quarter, for a total of 60,230 shares.

Investors expect Costco Wholesale Corporation (NASDAQ:COST)’s quarterly earnings on October, 4., as reported by RTT. Analysts predict $2.28 earnings per share. That’s $0.20 up or 9.62 % from 2017’s earnings of $2.08. If the current earnings per share of $2.28 is accurate, COST’s profit could reach $999.88 million. Last quarter $1.70 earnings per share was reported. Analysts predicts 34.12 % EPS growth this quarter.

For more Costco Wholesale Corporation (NASDAQ:COST) news published recently go to: Seekingalpha.com, Nasdaq.com, Investorplace.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Costco lifts wages” published on June 01, 2018, “Should You Invest in Emerging Market ETFs Right Now?” on June 22, 2018, “Costco Is Still Among the Best Retail Stocks to Buy” with a publish date: June 04, 2018, “Lovesac prices IPO at $16/share, above range” and the last “Costco Wholesale Corporation Went on Sale. Go Long in Bulk!” with publication date: June 01, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

A total of 15 analysts rate Costco (NASDAQ:COST) as follows: 15 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. The firm has $230.0 highest and $200.0 lowest target. The avg target $216.15 is 2.01% above the last ($211.9) price. (NASDAQ:COST) has 19 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Monday, April 16 the firm earned “Outperform” rating by Wells Fargo. On Tuesday, January 23 the firm has “Buy” rating by Susquehanna given. On Thursday, March 8 Robert W. Baird maintained Costco Wholesale Corporation (NASDAQ:COST) rating. Robert W. Baird has “Buy” rating and $215.0 target. On Wednesday, May 30 the stock has “Buy” rating by Argus Research. On Friday, June 15 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Cowen & Co. On Thursday, April 12 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given by Robert W. Baird. The company rating was maintained by RBC Capital Markets on Thursday, March 8. In Friday, January 5 report Tigress Financial maintained the stock with “Buy” rating. On Thursday, January 4 the firm has “Buy” rating given by Stifel Nicolaus. On Monday, January 8 the rating was maintained by Oppenheimer with “Buy”.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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