How Analysts Feel About Costco Wholesale Corporation (NASDAQ:COST)?

April 26, 2018 - By Migdalia James

Costco Wholesale Corporation (NASDAQ:COST) LogoInvestors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It worsened, 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.
Hillsdale Investment Mgmt stated it has 5 shares. Goodman Fincl Corp invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST). Citizens & Northern owns 0.8% invested in Costco Wholesale Corporation (NASDAQ:COST) for 6,046 shares. State Of Tennessee Treasury Department invested in 255,933 shares or 0.21% of the stock. Park Avenue Secs Ltd Llc holds 2,330 shares or 0.11% of its portfolio. Blair William & Com Il has invested 0.38% in Costco Wholesale Corporation (NASDAQ:COST). Nuwave Investment Mgmt Limited Co holds 3,272 shares or 0.72% of its portfolio. Fulton Savings Bank Na invested in 13,566 shares. Ameriprise Finance, Minnesota-based fund reported 3.48M shares. Strs Ohio has 0.4% invested in Costco Wholesale Corporation (NASDAQ:COST). Martingale Asset L P has invested 0.01% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Howard Hughes Institute reported 0.48% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). The California-based Telos Capital Mngmt Inc has invested 0.79% in Costco Wholesale Corporation (NASDAQ:COST). Argent Co reported 5,999 shares stake. Forte Cap Limited Adv reported 2,004 shares.

Since December 18, 2017, it had 0 insider purchases, and 14 sales for $21.65 million activity. $3.86 million worth of stock was sold by LIBENSON RICHARD M on Monday, December 18. $573,930 worth of Costco Wholesale Corporation (NASDAQ:COST) shares were sold by MEISENBACH JOHN W. Another trade for 5,000 shares valued at $958,087 was made by GALANTI RICHARD A on Friday, December 22. Miller Russell D also sold $2.41 million worth of Costco Wholesale Corporation (NASDAQ:COST) on Thursday, April 19. The insider Murphy James P. sold $937,421. Another trade for 5,000 shares valued at $943,080 was made by Hines Daniel M. on Monday, January 8.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

Among 16 analysts covering Costco (NASDAQ:COST), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Costco had 27 analyst reports since November 3, 2017 according to SRatingsIntel. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Gordon Haskett on Friday, January 12. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Susquehanna on Thursday, April 12. As per Friday, December 15, the company rating was maintained by Guggenheim. The company was maintained on Thursday, November 30 by Stifel Nicolaus. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Robert W. Baird on Thursday, December 14. The company was maintained on Friday, November 10 by RBC Capital Markets. As per Wednesday, November 15, the company rating was maintained by Robert W. Baird. The rating was maintained by Raymond James with “Buy” on Tuesday, December 5. The rating was maintained by Jefferies with “Hold” on Friday, December 15. As per Wednesday, January 24, the company rating was maintained by BMO Capital Markets. Below is a list of Costco Wholesale Corporation (NASDAQ:COST) latest ratings and price target changes.

16/04/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Outperform Upgrade
12/04/2018 Broker: Susquehanna Rating: Buy New Target: $230.0000 Maintain
12/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $215.0000 Maintain
08/03/2018 Broker: RBC Capital Markets Rating: Buy New Target: $205.0 Maintain
08/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $215.0 Maintain
24/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $223.0 Maintain
23/01/2018 Broker: Susquehanna Rating: Buy New Target: $230.0 Maintain
12/01/2018 Broker: Gordon Haskett Old Rating: Accumulate New Rating: Buy Old Target: $191 Upgrade
08/01/2018 Broker: Oppenheimer Rating: Buy New Target: $210.0 Maintain
05/01/2018 Broker: Tigress Financial Rating: Buy Maintain

The stock increased 0.98% or $1.91 during the last trading session, reaching $195.88. About 592,892 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since April 26, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. The company has market cap of $85.96 billion. It offers branded and private-label products in a range of merchandise categories. It has a 29.2 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.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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