Calamos Wealth Management LLC Increased Its Stake in Costco Wholesale Corp (COST)

April 20, 2018 - By Jane Lemasters

Costco Wholesale Corporation (NASDAQ:COST) Corporate LogoBig Money Sentiment decreased to 0.98 in 2017 Q4. It has change of 0.21, from 2017Q3’s 1.19. The ratio turned negative due to COST positioning: 64 sold and 442 reduced. 134 funds took positions and 364 increased positions. Investors holded 304.48 million in 2017Q3 but now own 308.22 million shares or 1.23% more. Marco Investment Ltd Llc stated it has 1.93% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Barr E S & holds 0.06% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 3,096 shs. Quantitative Investment Management Limited Co has 0.81% invested in Costco Wholesale Corporation (NASDAQ:COST). Beck Mack Oliver Ltd Com holds 0.08% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 12,660 shs. First Republic Investment Mgmt invested 0.34% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Asset Corp owns 2.28% invested in Costco Wholesale Corporation (NASDAQ:COST) for 75,060 shs. Howard Hughes Medical Institute has invested 0.48% in Costco Wholesale Corporation (NASDAQ:COST). Kentucky Retirement Systems reported 0.36% stake. Moreover, Korea Inv has 0.2% invested in Costco Wholesale Corporation (NASDAQ:COST). Banced Corp owns 0.8% invested in Costco Wholesale Corporation (NASDAQ:COST) for 2,589 shs. Rocky Mountain Advisers Limited Liability Company has invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Zacks Inv has 0.09% invested in Costco Wholesale Corporation (NASDAQ:COST) for 22,058 shs. Ballentine Partners Lc owns 0.06% invested in Costco Wholesale Corporation (NASDAQ:COST) for 6,131 shs. Winslow Evans And Crocker Incorporated invested in 19,142 shs. Whittier Co Of Nevada Inc holds 0.25% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 15,547 shs.

COST had 15 insider sales and 0 insider buys since October 20, 2017. This’s net activity of $21.98 million. The insider MEISENBACH JOHN W sold $580,230. GALANTI RICHARD A had sold 5,000 shs worth $958,087 on Friday, December 22. On Friday, March 9 Rose Timothy L. sold $3.15 million worth of Costco Wholesale Corporation (NASDAQ:COST) or 17,000 shs. 5,000 Costco Wholesale Corporation (NASDAQ:COST) shs with value of $810,788 were sold by ZOOK DENNIS R. On Monday, December 18 LIBENSON RICHARD M sold $3.86M worth of Costco Wholesale Corporation (NASDAQ:COST) or 20,000 shs. PORTERA JOSEPH P had sold 10,000 shs worth $1.93M on Tuesday, October 24.

In 2017Q4 Securities and Exchange filling is reported Calamos Wealth Management Llc’s holdings in Costco Wholesale Corp (COST) which was increased by 615.13%. By buying 27,232 shares Calamos Wealth Management Llc made the stock sank with 1.86%. The department and specialty retail stores company reported $5.89 million value for the 2017Q4. Now the institutional investor is holding 31,659 shares, compared to the 4,427 from the previous quarter. $85.60 billion is the market cap of Costco Wholesale Corp. Ticker’s shares touched $195.07 during the last trading session after 0.73% change.Costco Wholesale Corporation has volume of 1.64M shares. Since April 20, 2017 COST has risen 14.69% and is uptrending. COST outperformed by 3.14% the S&P500.

For a total of 9,691 shares it reduced its holding in Ishares Edge Msci Min Vol Eafe (EFAV) by 47,613 shares in the quarter, and has cut its stake in Union Pacific Corp (NYSE:UNP).

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Total analysts of 16 have positions in Costco (NASDAQ:COST) as follows: 13 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 81%. The firm has $230.0 highest while $175.0 is the lowest [Target]. The average target $204.25 is 4.71% above the last ($195.07) price. Since November 3, 2017 according to StockzIntelligence Inc Costco has 27 analyst reports. In Wednesday, January 24 report BMO Capital Markets maintained it with “Buy” rating and $223.0 target. On Friday, January 12 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given by Gordon Haskett. On Wednesday, November 15 the company was maintained by Robert W. Baird. On Thursday, April 12 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given by Susquehanna. On Wednesday, November 22 the rating was maintained by Guggenheim with “Hold”. On Friday, November 3 Oppenheimer maintained Costco Wholesale Corporation (NASDAQ:COST) rating. Oppenheimer has “Buy” rating and $180.0 target. In Friday, November 10 report RBC Capital Markets maintained the stock with “Buy” rating. In Thursday, March 8 report RBC Capital Markets maintained the stock with “Buy” rating. The stock rating was upgraded by BMO Capital Markets to “Outperform” on Monday, December 18. On Monday, January 8 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given by Oppenheimer.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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