Holder Violich Capital Management INC Has Boosted Costco Wholesale Corp (COST) Holding

Faith Castro
July 15, 2017

Mercer Capital Advisers Inc. now owns 664 shares of the retailer's stock valued at $111,000 after buying an additional 201 shares in the last quarter. Seven analysts have provided estimates for Costco Wholesale Corporation's earnings, with the lowest sales estimate coming in at $40.54 billion and the highest estimate coming in at $42.52 billion. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) has risen 7.63% since July 14, 2016 and is uptrending.

Turning to Matador Resources Company (NYSE:MTDR), its shares were trading at $22.53 a gain of $0.49, on the trading floor. It has outperformed by 8.44% the S&P500. The short-interest ratio increased to 4.3 and the short interest percentage is 0.02% as of May 31. Also, Director John W. Meisenbach sold 1,000 shares of Costco Wholesale Corporation stock in a transaction on Monday, July 3rd.

On July 10 the company was set at "Market Perform" according to a BMO Capital report which was a cut from the previous "Outperform" rating. The SI to Costco Wholesale Corporation's float is 1.85%.

The stock has actually made sharp losses in the past year, as the company has gathered a -4.18% return in the past twelve months. It is down 56.46% since July 13, 2016 and is uptrending. It has outperformed by 25.05% the S&P500.The move comes after 7 months positive chart setup for the $377.03 million company.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.64, from 1 in 2016Q3.

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Several other institutional investors have also recently modified their holdings of COST. 116 funds opened positions while 395 raised stakes. The retailer reported $1.40 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.09. World owns 2.75 million shares or 0.05% of their United States portfolio. Moreover, Telemus Cap Lc has 0.06% invested in Costco Wholesale Corporation (NASDAQ:COST) for 2,621 shares. Trillium Asset Limited Liability invested in 0.75% or 71,052 shares. Vanguard Group Incorporated reported 10.88 million shares. Ims Capital Management has 0.25% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,480 shares. Carroll Fincl Associates stated it has 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Mai Capital Management reported 28,981 shares. Costco Wholesale Corporation had a net margin of 2.06% and a return on equity of 20.45%. Crestwood Advisors Limited has 0.03% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,725 shares. Fire Group Inc reported 1,250 shares. Barclays Public Limited Com holds 142,051 shares or 0% of its portfolio. The Massachusetts-based Frontier Capital Management Co Llc has invested 0.14% in the stock. First Republic Invest Mgmt holds 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 3,222 shares.

25 analysts on average are expecting Costco Wholesale Corporation to report earnings of $1.31 per share for the current quarter. Therefore 67% are positive.

According to Yahoo Finance, The Dividend Date for Costco Wholesale is May 26, 2017 and its Ex-Dividend Date is May 10, 2017. The firm earned "Overweight" rating on Wednesday, December 9 by Piper Jaffray. RBC Capital Markets maintained it with "Buy" rating and $19000 target in Thursday, June 29 report. The firm has "Hold" rating by Williams Capital Group given on Friday, October 23. The rating was maintained by Wells Fargo with "Hold" on Wednesday, July 5. As per Monday, November 9, the company rating was maintained by Telsey Advisory Group. The stock has relative volume of 1.53. As per Thursday, December 8, the company rating was reinitiated by Credit Suisse. The company was maintained on Friday, May 26 by Oppenheimer. Leavell Investment Management Inc. increased its stake in Costco Wholesale Corporation by 2.2% in the first quarter. Epr Pptys (NYSE:EPR) was raised too. GRIFFIN LIAM had sold 15,000 shares worth $239,337. The stock of Costco Wholesale Corporation (NASDAQ:COST) has "Hold" rating given on Wednesday, June 28 by Deutsche Bank. Shares for $16.64 million were sold by SINEGAL JAMES D. Hines Daniel M. also sold $906,598 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Following the transaction, the director now owns 5,974 shares in the company, valued at approximately $957,512.72. An RSI reading above 80 indicates that a stock is overbought while anything below 20 is oversold. The price to earnings growth is 2.67 and the price to sales ratio is 17. Murphy James P. sold $906,504 worth of stock. On average, equities analysts forecast that Costco Wholesale Corporation will post $5.77 earnings per share for the current year. Therefore 45% are positive. Cowen and Company restated an outperform rating on shares of Costco Wholesale Corporation in a research report on Thursday, March 30th.

Investors sentiment increased to 3.5 in Q4 2016.

Since April 6, 2017, it had 2 buys, and 1 insider sale for $24.91 million activity. It improved, as 31 investors sold MYGN shares while 66 reduced holdings. 13 funds opened positions while 33 raised stakes. M&T Retail Bank stated it has 181,899 shares. Mitsubishi Ufj Tru And Bk has 0.02% invested in Myriad Genetics, Inc. Teton Advisors Inc holds 18,700 shares or 0.03% of its portfolio. Sabby Mngmt Ltd Liability reported 193,999 shares. Natixis Asset holds 0.01% in Realogy Holdings Corp (NYSE:RLGY) or 3,625 shares.

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