Costco shares ease premarket after fourth quarter results

Following the transaction, the director now owns 6,974 shares of the company's stock, valued at $1,099,032.66. Tctc Limited Liability Company invested 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). It has underperformed by 16.70% the S&P500. Mercer Capital Advisers Inc. grew its stake in shares of Costco Wholesale Corporation by 3.5% during the 2nd quarter. The stock declined 5.79% or $9.67 reaching $157.4 on the news. About 22,410 shares traded or 2.38% up from the average. Summit Secs Gp Limited Com has invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). It has outperformed by 8.44% the S&P500. Willingdon Wealth Mgmt holds 0.95% in Costco Wholesale Corporation (NASDAQ:COST) or 14,932 shares.

In a report issued 10/06/2017 Morgan Stanley raised the target price of Costco (NASDAQ:COST) to $165.00 indicating a possible downside of -0.01%.

08/31/2017 - Costco Wholesale Corporation had its "hold" rating reiterated by analysts at Deutsche Bank. Therefore 100% are positive. Equities analysts expect that Costco Wholesale Corporation will post $5.78 EPS for the current year. The rating was maintained by Canaccord Genuity on Monday, October 24 with "Buy". Costco Wholesale Corporation has a 12 month low of $142.11 and a 12 month high of $183.18. The firm has "Buy" rating given on Friday, July 14 by RBC Capital Markets. The stock presently has a consensus rating of "Buy" and a consensus price target of $177.93. BMO Capital Markets analyst Kelly Bania said the new offerings were a huge positive for Costco given the perception that it has been slow with its pace of digital transformation. The firm has "Buy" rating by Goldman Sachs given on Wednesday, June 1. On Tuesday, May 3 the stock rating was initiated by RBC Capital Markets with "Outperform".

Costco Wholesale Corporation (NASDAQ:COST) has been given a $185.00 target price by equities researchers at Oppenheimer Holdings, a report released on Friday. Piper Jaffray has "Overweight" rating and $174.0 target.

Costco Wholesale Corporation (NASDAQ:COST) gross margin percentage stands at 13.3% while its operating margin for the past trailing twelve month is 3.1 percent and its overall profit margin (ttm) is 2.1 Percent. Stifel Nicolaus has "Buy" rating and $20 target.

Since June 5, 2017, it had 0 buys, and 3 insider sales for $2.36 million activity. Guggenheim reiterated a "neutral" rating on shares of Costco Wholesale Corporation in a research report on Thursday. About 227,288 shares traded.

Madison Investment Holdings Inc, which manages about $5.41B US Long portfolio, decreased its stake in Nrg Energy Inc (NYSE:NRG) by 44,500 shares to 1.61 million shares, valued at $27.70 million in 2017Q2, according to the filing.

Investors are wary that Costco's business model, which mainly generates revenue through a niche membership club, faces increased competition from online giant Inc AMZN.O , which has begun to shake up the grocery space with its acquisition of Whole Foods. Its up 0.40, from 0.88 in 2017Q1. Becker Cap Management invested in 33,344 shares. 123 funds opened positions while 438 raised stakes. The overall volume in the last trading session was 4.32 million shares. Nomura Asset Mgmt Co owns 45,440 shares or 0.02% of their United States portfolio. Jacobson And Schmitt Advsrs Ltd Llc stated it has 4.85% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Kistler holds 2,593 shares or 0.19% of its portfolio. 83,285 are owned by Eastern Bancorp. Alphaone Limited Liability reported 0.97% stake. Dekabank Deutsche Girozentrale reported 308,998 shares. Chevy Chase Hldg owns 442,958 shares. Costco Wholesale Corporation also was the target of unusually large options trading on Thursday. Almanack Investment Partners LLC. bought a new position in shares of Costco Wholesale Corporation during the 2nd quarter worth $101,000. Daiwa Sb holds 0.15% or 3,330 shares. Hillsdale Mngmt holds 15 shares. Credit Agricole S A holds 261,861 shares. Apg Asset Mngmt Nv accumulated 0.34% or 1.18 million shares. During the same period in the previous year, the firm earned $1.77 earnings per share. After having $0.17 EPS previously, Marten Transport, Ltd's analysts see -5.88% EPS growth.

Among 19 analysts covering Mylan Inc. The firm earned "Outperform" rating on Monday, August 15 by Leerink Swann. Sg Americas Securities Limited Company, New York-based fund reported 4,251 shares. The company was maintained on Thursday, August 24 by Cowen & Co. The rating was maintained by Barclays Capital with "Equal-Weight" on Friday, September 23. Mizuho maintained the stock with "Buy" rating in Wednesday, May 31 report. The stock of Costco Wholesale Corporation (NASDAQ:COST) has "Buy" rating given on Friday, January 20 by Stifel Nicolaus.

Investors sentiment increased to 1.03 in 2017 Q2. Its the same as in 2017Q1. 168,486 shares or 83.25% less from 1.01 million shares in 2017Q1 were reported. Moreover, Kemper Corporation Master Retirement Trust has 0.13% invested in Pebblebrook Hotel Trust (NYSE:PEB). 139,930 were reported by Gulf Commercial Bank (Uk) Ltd. Eqis Capital Mngmt Inc owns 5,251 shares or 0.01% of their United States portfolio. Harvey Investment Ltd Liability Corporation holds 1.39% or 42,956 shares in its portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Like this


06 October 2017
Iggy Azalea Sued by American Express Over $300000 Balance
Unfortunately, this isn't the first time that Azalea's run into some money trouble. The lawsuit is seeking the full amount owed as well as legal fees.

06 October 2017
(IPGP) Issues Q2 Earnings Guidance
Therefore 58% are positive. 09/12/2016 - IPG Photonics Corporation had its "outperform" rating reiterated by analysts at CLSA. Piper Jaffray has $52 highest and $20 lowest target. $137.88's average target is -27.86% below currents $191.13 stock price.

06 October 2017
Bartomeu: "Playing behind closed doors is a protest"
That is why I must say that this was one of the most hard decisions that I have ever had to make as Barca president. It was my worst experience as a professional.

06 October 2017
The missing bones of Santa Claus may have been discovered in Turkey
Nicholas' birth. "The document also says that the bones that were taken to Bari were actually of some priest". Scholars will now access the temple beneath the church to determine if the body belongs to Saint Nicholas.

06 October 2017
Digging Through Viking Therapeutics, Inc. (NASDAQ:VKTX) Technicals
The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy Viking Therapeutics, Inc .

06 October 2017
Analysts Alert: Eldorado Gold Corp (EGO)
Its minimum price target estimates has been figured out at $2.25 while the maximum price target forecast is established at $4.46. Now the stock price is moving -43.22% off from the highest level of twelve months and 25.42% above from twelve months low.

06 October 2017
Puerto Rico law students coming to finish their studies
The money will go towards up to seven months of what's termed "high-cost support" infrastructure to provide service to customers. The FCC will tap $76.9 million from the universal service fund (USF) for hurricane relief in Puerto Rico and the U.S.

06 October 2017
Digital Realty Trust, Inc. (DLR) Analysts See $1.50 EPS
Oakbrook Investments Limited Liability Company owns 0.02% invested in Federal Realty Investment Trust (NYSE:FRT) for 2,919 shares. Spirit Of America Management Corp decreased Federal Realty Investment Trust (FRT) stake by 15.55% reported in 2017Q2 SEC filing.

06 October 2017
Plane emergency as 'Mother of Satan explosive found in luggage'
Local media reported the man had been carrying containers filled with TATP, an explosive commonly used in terror attacks. Part of the airport was shut down while a bomb squad assessed a device - believed to be a Mother Of Satan explosive .

06 October 2017
General Mills, Inc. (GIS) Given "Sell" Rating at Goldman Sachs Group, Inc
RiverPoint Capital Management LLC owned 0.06% of General Mills worth $18,518,000 at the end of the most recent reporting period. The company reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.76 by ($0.05).