Van Hulzen Asset Management LLC Decreased Stake in Costco (COST) by $4.97 Million as Shares Rose

June 27, 2018 - By Daniel Mitchell

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 rose positions while 92 funds acquired positions. Funds hold 305.24 million shares thus 0.97% less from 2017Q4’s 308.22 million shares. Connors Investor Svcs Incorporated owns 30,425 shs or 0.84% of their US capital. Fjarde Ap has invested 0.35% in Costco Wholesale Corporation (NASDAQ:COST). Alley Co Limited Company holds 17,491 shs or 1.13% of its capital. Atlas Browninc reported 3,306 shs. Mark Sheptoff Fincl Planning invested in 2,666 shs or 0.35% of the stock. Mutual Of America Capital Mngmt Limited Liability Corporation reported 56,203 shs. Security Natl Tru stated it has 5,442 shs or 0.34% of all its holdings. Boltwood Cap Mngmt reported 3,335 shs. Boothbay Fund Mngmt Limited Liability Corp holds 0.03% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 1,200 shs. Glenview Comml Bank Trust Dept reported 0.16% in Costco Wholesale Corporation (NASDAQ:COST). Cwm Limited Liability Company holds 0.04% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 5,739 shs. Finemark Bancorp & Tru owns 13,981 shs. 1,435 were reported by Greatmark Investment Prtn. Moreover, Wcm Management Ca has 0.9% invested in Costco Wholesale Corporation (NASDAQ:COST) for 509,577 shs. Lombard Odier Asset Mgmt (Europe) Limited owns 4,445 shs for 0.06% of their capital.

COST registered $20.64 million net activity with 0 insider purchases and 17 selling transactions since January 5, 2018. The insider Hines Daniel M. sold 5,000 shs worth $943,080. 3,000 shs were sold by MEISENBACH JOHN W, worth $589,470. Another trade for 2,406 shs valued at $498,315 was sold by GALANTI RICHARD A. On Wednesday, June 13 the insider Rose Timothy L. sold $512,970. Miller Russell D sold $2.41M worth of stock. $937,421 worth of Costco Wholesale Corporation (NASDAQ:COST) shs were sold by Murphy James P..

Van Hulzen Asset Management Llc’s holdings in Costco (COST) is reduced by 62.04% based on its latest 2018Q1 regulatory filing with the SEC. 26,462 shares were sold by Van Hulzen Asset Management Llc as the company’s stock rose 2.88% while stock markets declined. At the end of 2018Q1, the 16,188 shares of the department and specialty retail stores company held by the institutional investor were valued at $3.05 million, down from 42,650 at the end of the previous reported quarter. For a total of 161,741 shares it increased its holding in Merck (NYSE:MRK) by 83,229 shares in the quarter, and has risen its stake in Kimberly Clark (NYSE:KMB).

Investors expect Costco Wholesale Corporation (NASDAQ:COST)’s quarterly earnings on October, 4., as reported by RTT. Analysts have anticipation on stock’s EPS of $2.28. That’s up 9.62 % from last year’s $2.08 EPS. The profit will be $999.88 million for COST if $2.28 EPS becomes true. Last quarter $1.70 EPS was reported. Analysts predicts 34.12 % EPS growth this quarter.

For more Costco Wholesale Corporation (NASDAQ:COST) news brought out briefly go to: Globenewswire.com, Seekingalpha.com, Seekingalpha.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Costco Wholesale Corporation Reports May Sales Results” brought out on June 07, 2018, “BJ’s Wholesale preps for IPO” on June 18, 2018, “Costco lifts wages” with a publish date: June 01, 2018, “Should You Invest in Emerging Market ETFs Right Now?” and the last “Lovesac prices IPO at $16/share, above range” with publication date: June 26, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Total analysts of 15 have positions in Costco (NASDAQ:COST) as follows: 15 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. The firm has $230.0 highest while $200.0 is the lowest price target. The average target $216.15 is 2.01% above the last ($211.9) price. Since January 4, 2018 according to StockzIntelligence Inc Costco has 19 analyst reports. On Thursday, June 7 Robert W. Baird maintained Costco Wholesale Corporation (NASDAQ:COST) with “Buy” rating. On Wednesday, May 16 the company was initiated by Loop Capital Markets. On Wednesday, January 24 the stock has “Buy” rating by BMO Capital Markets. In Monday, April 16 report Wells Fargo upgraded the stock to “Outperform” rating. In Thursday, May 3 report UBS maintained it with “Buy” rating and $21500 target. On Wednesday, May 30 Argus Research maintained the shares of COST in report with “Buy” rating. The stock rating was maintained by Tigress Financial with “Buy” on Friday, January 5. On Thursday, January 4 Stifel Nicolaus maintained the shares of COST in report with “Buy” rating. On Friday, June 1 the firm has “Overweight” rating given by JP Morgan. On Thursday, March 8 the company was maintained by RBC Capital Markets.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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