Costco (COST) Shareholder Van Hulzen Asset Management LLC Decreased Stake by $4.97 Million

June 27, 2018 - By Jimmy Cauthen

Costco Wholesale Corporation (NASDAQ:COST) Corporate LogoBig Money Sentiment decreased to 0.92 in Q1 2018. It has change of 0.06, from 2017Q4’s 0.98. The ratio is negative due to COST positioning: 62 sold and 440 reduced. 92 funds took positions and 371 increased positions. Investors holded 308.22 million in 2017Q4 but now own 305.24 million shares or 0.97% less. Regal Invest Advisors Limited Liability Corp holds 0.3% or 7,284 shs. Ameriprise holds 0.23% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 2.68 million shs. Patten And Patten Tn owns 54,686 shs or 1.05% of their US capital. Comerica stated it has 5,256 shs. State Of Tennessee Treasury Department has invested 0.38% in Costco Wholesale Corporation (NASDAQ:COST). Ardevora Asset Llp owns 15,600 shs. Moreover, Columbia Prtnrs L L C Invest Mngmt has 1.35% invested in Costco Wholesale Corporation (NASDAQ:COST) for 56,281 shs. Badgley Phelps And Bell Inc holds 81,615 shs or 1.02% of its capital. Eads And Heald Inv Counsel, Georgia-based fund reported 12,392 shs. Garde accumulated 11,233 shs. Plante Moran Financial Advisors Ltd Llc invested 0.19% of its capital in Costco Wholesale Corporation (NASDAQ:COST). Westwood Hldg reported 3,977 shs stake. Shelton Cap Mgmt invested in 43,189 shs or 0.53% of the stock. Steinberg Asset has invested 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Martin And Tn stated it has 0.56% in Costco Wholesale Corporation (NASDAQ:COST).

COST had 17 sales and 0 insider buys since January 5, 2018. This’s net activity of $20.64 million. Rose Timothy L. sold $3.15M worth of stock. MOULTON PAUL G also sold $2.21M worth of Costco Wholesale Corporation (NASDAQ:COST) shs. Shares for $943,080 were sold by Hines Daniel M. on Monday, January 8. Vachris Roland Michael also sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, January 8. On Friday, January 5 Murphy James P. sold $937,421 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shs. Miller Russell D sold $2.41 million worth of stock.

The stake In Costco (COST) was reduced owned by Van Hulzen Asset Management Llc. According to 2018Q1 Securities and Exchange filling the reduction is 62.04%. 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 institutional investor held 16,188 shares of the department and specialty retail stores company, 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 Citigroup (NYSE:C).

Costco Wholesale Corporation (NASDAQ:COST)’s earnings release is awaited by WallStreet on October, 4, Faxor reports. Analysts predict $2.28 EPS. That’s $0.20 up or 9.62 % from 2017’s earnings of $2.08. If the current EPS of $2.28 is accurate, COST’s profit could hit $999.88M. After $1.70 EPS was revealed last quarter, analysts now see EPS growth of 34.12 % for Costco Wholesale Corporation.

For more Costco Wholesale Corporation (NASDAQ:COST) news announced briefly go to: Nasdaq.com, Seekingalpha.com, Fool.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Costco Wholesale Corporation Went on Sale. Go Long in Bulk!” announced on June 01, 2018, “Lovesac prices IPO at $16/share, above range” on June 26, 2018, “4 Things Costco Management Wants Investors to Know” with a publish date: June 24, 2018, “Costco Wholesale Corporation Reports May Sales Results” and the last “Costco lifts wages” with publication date: June 01, 2018.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

In total 15 analysts cover Costco (NASDAQ:COST). “Buy” rating has 15, “Sell” are 0, while 0 are “Hold”. 100% are bullish. With $230.0 highest and $200.0 lowest PT Costco has $216.15 average PT or 2.01% above the current ($211.9) price. 19 are the (NASDAQ:COST)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Thursday, May 3 the rating was maintained by UBS with “Buy”. On Wednesday, May 30 Argus Research maintained the shares of COST in report with “Buy” rating. On Thursday, January 4 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Stifel Nicolaus. On Wednesday, May 16 Loop Capital Markets initiated Costco Wholesale Corporation (NASDAQ:COST) with “Buy” rating. On Thursday, April 12 Robert W. Baird maintained the shares of COST in report with “Buy” rating. On Thursday, March 8 the stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Robert W. Baird. On Friday, June 1 JP Morgan maintained the shares of COST in report with “Overweight” rating. The stock rating was maintained by RBC Capital Markets with “Buy” on Thursday, March 8. The company rating was maintained by BMO Capital Markets on Wednesday, January 24. On Friday, June 15 the firm earned “Buy” rating by Cowen & Co.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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