The HPM Partners LLC Buys New Stake in Costco Wholesale Corporation (COST)

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01 July, 2017

In other Costco Wholesale Corporation news, insider John D. Mckay sold 3,000 shares of the stock in a transaction on Monday, June 5th. Mercer Capital Advisers Inc. now owns 664 shares of the retailer's stock valued at $111,000 after buying an additional 201 shares in the last quarter. Corporate insiders own 0.74% of the company's stock. Mercer Capital Advisers Inc. raised its position in Costco Wholesale Corporation by 43.4% in the first quarter. It has outperformed by 8.44% the S&P500. The retailer reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.09. MSBI's profit would be $9.19M giving it 14.27 P/E if the $0.59 EPS is correct. The stock decreased 0.93% or $1.49 during the last trading session, reaching $158.68. About shares traded. Communications Systems, Inc. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) has risen 7.63% since June 30, 2016 and is uptrending. It has underperformed by 50.51% the S&P500.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.24, from 1.14 in 2016Q3. Deutsche Bank maintained the shares of COST in report on Wednesday, September 30 with "Hold" rating. 313.68 million shares or 1.52% more from 308.97 million shares in 2016Q3 were reported. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Outperform" rating by Raymond James on Monday, June 26. Punch Investment Mngmt Inc accumulated 411,135 shares. Following the transaction, the insider now directly owns 62,607 shares in the company, valued at approximately $11,369,431.20. Costco Wholesale Corporation has a 52-week low of $142.11 and a 52-week high of $183.18. Bnp Paribas Arbitrage holds 128 shares or 0% of its portfolio. Capital Investment Advisors LLC raised its stake in Costco Wholesale Corporation by 1.8% in the first quarter. Davenport And Limited Liability Co reported 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Mitsubishi UFJ Securities Holdings Co. Gofen And Glossberg Il reported 90,849 shares. Finally, Leavell Investment Management Inc. boosted its position in shares of Costco Wholesale Corporation by 2.2% in the first quarter. American Gru has 5,873 shares. National Bank Of America De holds 1,654 shares or 0% of its portfolio.

Capital World Investors increased Masco Corp (NYSE:MAS) stake by 3.96M shares to 7.58 million valued at $239.71M in 2016Q4. It also upped Microsoft Corporation Cmn (NASDAQ:MSFT) stake by 25,684 shares and now owns 1.25M shares. Analog Devices Inc (NASDAQ:ADI) was raised too. Northcoast upgraded Costco Wholesale Corporation (NASDAQ:COST) on Tuesday, June 20 to "Buy" rating. Therefore 74% are positive. The firm has "Outperform" rating by RBC Capital Markets given on Friday, May 27. The firm has "Outperform" rating by Telsey Advisory Group given on Thursday, October 1. The firm has "Buy" rating by Stifel Nicolaus given on Friday, January 20. Deutsche Bank upgraded the shares of COST in report on Thursday, December 3 to "Buy" rating. The company was downgraded on Friday, April 29 by Wolfe Research. Wells Fargo maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, May 5 with "Hold" rating.

Costco Wholesale Corporation (NASDAQ:COST) last released its quarterly earnings data on Thursday, May 25th. JP Morgan has "Overweight" rating and $162 target.

Since January 6, 2017, it had 0 insider buys, and 8 sales for $23.31 million activity. Rose Timothy L. sold $667,799 worth of stock. The shares were sold at an average price of $181.32, for a total value of $906,600.00.

Vetr cut shares of Costco Wholesale Corporation (NASDAQ:COST) from a buy rating to a sell rating in a report issued on Monday, June 19th. Asa Gold & Precious Metals Ltd sold 13,000 shares as the company's stock rose 4.27% with the market. The shares were sold at an average price of $181.60, for a total transaction of $544,800.00. 18,910 shares were sold by Vanke Troy J, worth $333,217 on Friday, May 5. $106,294 worth of stock was sold by SCHERER BARBARA VAUGHN on Wednesday, June 7. Another trade for 3,180 shares valued at $514,302 was sold by Vachris Roland Michael. The insider Abrahams Craig Justin sold $516,275.

Investors sentiment decreased to 0.95 in Q4 2016. Seizert Prtnrs Lc accumulated 0.01% or 1,880 shares. (NYSE:FC). State Street invested in 171,367 shares. 5 funds opened positions while 10 raised stakes.

COPYRIGHT VIOLATION WARNING: "Goldman Sachs Group, Inc". Smith Asset Mngmt Group Limited Partnership holds 60,427 shares. Deutsche Bank Ag invested 0% of its portfolio in Communications Systems, Inc. Windward Mngmt Ca holds 93,842 shares. Malaga Cove Cap Limited Company has invested 1.68% of its portfolio in NetGear, Inc. (NASDAQ:NTGR). New York State Common Retirement Fund holds 0% or 37,347 shares in its portfolio. Henderson Public Limited owns 152,886 shares or 0.18% of their USA portfolio. (NASDAQ:NTGR) or 715,800 shares. Apriem Advsr reported 0.08% stake. 22,668 are owned by Profund Advsrs Ltd Liability. Pentwater Cap LP invested 0.21% in Caesars Acquisition Company (NASDAQ:CACQ). One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-three have given a buy rating to the stock. Therefore 67% are positive. Franklin Covey Company had 4 analyst reports since November 5, 2015 according to SRatingsIntel. As per Thursday, November 5, the company rating was maintained by TH Capital. (NASDAQ:NTGR) has "Buy" rating given on Wednesday, June 8 by Wunderlich. As per Friday, May 26, the company rating was maintained by Jefferies. The firm has "Buy" rating by Rosenblatt given on Tuesday, October 27. The rating was initiated by Guggenheim with "Buy" on Wednesday, January 4.


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