Lowers Position in Costco Wholesale Co. (COST)
- Author: Zachary Reyes May 27, 2017,
May 27, 2017, 18:25
UBS maintained the stock with "Buy" rating in Thursday, December 17 report. Jefferies maintained Severfield PLC (LON:SFR) rating on Tuesday, January 26. The rating was downgraded by Northcoast on Tuesday, November 3 to "Neutral". The company was maintained on Wednesday, April 12 by IBC. The current share price indicate that stock is -34.28% away from its one year high and is moving 4.57% ahead of its 52-week low.
Shares of Costco Wholesale Co. The stock rose 0.15% or $0.02 reaching $14.81 per share.
About 3.57 million shares traded or 59.38% up from the average. It has outperformed by 8.44% the S&P500. Stock investors acquired 2,427 call options on the company. About 876,793 shares traded. Severfield PLC (LON:SFR) has 0.00% since May 24, 2016 and is.
Severfield plc is a structural steelwork firm in the United Kingdom, which is engaged in construction contract business. The stock has a market capitalization of $75.34 billion, a P/E ratio of 31.66 and a beta of 0.89. The Firm serves the construction and infrastructure markets. Following the completion of the transaction, the vice president now directly owns 44,049 shares of the company's stock, valued at $7,353,980.55.
Since December 9, 2016, it had 0 insider purchases, and 13 sales for $38.45 million activity. $1.86 million worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by MOULTON PAUL G on Friday, December 9. Also, Director James D. Sinegal sold 100,000 shares of the stock in a transaction on Friday, March 24th. Finally, Stifel Nicolaus boosted their target price on Costco Wholesale from $185.00 to $191.00 and gave the company a "buy" rating in a research report on Friday. Analytic Investors LLC now owns 1,057,812 shares of the retailer's stock valued at $161,327,000 after buying an additional 565,438 shares in the last quarter.
Operating income for the quarter was $968 million, compared with $858 million in the previous year period.
Tiedemann Wealth Management Llc, which manages about $5.35 billion and $1.00 billion US Long portfolio, upped its stake in Tallgrass Energy Partners Lp (NYSE:TEP) by 144,241 shares to 181,885 shares, valued at $8.63 million in 2016Q4, according to the filing. Copart Inc (NASDAQ:CPRT) was raised too. Cap Intll Investors holds 0.07% in Costco Wholesale Corporation (NASDAQ:COST) or 317,201 shares. Therefore 76% are positive. Costco Wholesale has $198 highest and $144.0 lowest target. The stock of Costco Wholesale Corporation (NASDAQ:COST) has "Buy" rating given on Wednesday, December 9 by Deutsche Bank. The firm has "Outperform" rating given on Friday, April 7 by BMO Capital Markets. Cowen & Co initiated Alliance Data Systems Corporation (NYSE:ADS) on Wednesday, September 30 with "Outperform" rating. The stock of Celgene Corporation (NASDAQ:CELG) has "Buy" rating given on Thursday, August 4 by BTIG Research. The firm has "Outperform" rating by Telsey Advisory Group given on Thursday, January 5. Wedbush maintained the shares of KMX in report on Thursday, August 18 with "Neutral" rating. (NASDAQ:COST) in a research note released on Saturday. The company presently has an average rating of "Buy" and a consensus target price of $180.38. The rating was upgraded by Vetr on Monday, August 24 to "Buy". Tctc Hldgs Ltd holds 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 3,040 shares. A 1 rating would point to a Strong Buy, and a score of 5 would signify a Strong Sell rating.
An additional boost in membership fees could come this quarter; a price increase is slated to go into effect June 1. Its up 0.47, from 1.82 in 2016Q3. WA raised its position in Costco Wholesale by 0.9% in the fourth quarter. 313.68 million shares or 1.52% more from 308.97 million shares in 2016Q3 were reported. This is a positive change from Costco Wholesale's previous special dividend of $0.45. Following the transaction, the director now directly owns 792,594 shares of the company's stock, valued at $130,397,564.88. 65,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $10.66M were sold by SINEGAL JAMES D. Missouri-based Bancorp has invested 0.47% in Costco Wholesale Corporation (NASDAQ:COST). Greatmark Inv holds 0.1% or 1,485 shares in its portfolio. Hanson Mcclain Incorporated invested in 0.04% or 2,746 shares. It improved, as 7 investors sold Orchid Island Capital Inc shares while 10 reduced holdings. Bristol John W And New York reported 590,831 shares. The legal version of this report can be accessed at https://www.thestockobserver.com/2017/05/27/pecaut-co-lowers-position-in-costco-wholesale-co-cost.html. Nelson Roberts Advsr Ltd holds 1% in Celgene Corporation (NASDAQ:CELG) or 24,705 shares. It worsened, as 67 investors sold ORCL shares while 585 reduced holdings.