Paragon Capital Management LLC Decreased Its Costco Wholesale Co (COST) Stake by $3.97 Billion

Costco Wholesale Corporation (NASDAQ:COST) Corporate LogoDuring 2018 Q3 the big money sentiment is 1.11. That’s change of 2018Q2’s as. 34 investors sold all, 432 reduced holdings as COST ratio is without change. 383 rose positions while only 136 funds took positions. Funds hold 298.17 million shares thus 2.49% less from 2018Q2’s 305.79 million shares. Old Dominion Mgmt Incorporated accumulated 25,679 shs. Nbt Comml Bank N A holds 2,401 shs. Parallax Volatility Advisers LP owns 46 shs or 0% of their US capital. Moreover, Seabridge Advsrs Lc has 0.3% invested in Costco Wholesale Corporation (NASDAQ:COST). Rmb Capital Mngmt Ltd Liability Corporation has invested 0.02% in Costco Wholesale Corporation (NASDAQ:COST). Stock Yards Savings Bank invested in 53,460 shs or 1.28% of the stock. Dupont Management Corp accumulated 0.43% or 83,076 shs. Community Fincl Svcs Limited holds 2.76% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 34,414 shs. Eastern National Bank holds 1.08% of its capital in Costco Wholesale Corporation (NASDAQ:COST) for 70,797 shs. Credit Suisse Ag stated it has 0.13% in Costco Wholesale Corporation (NASDAQ:COST). Carroll Assocs Incorporated, a North Carolina-based fund reported 2,980 shs. 113,437 were reported by Bnp Paribas Asset Sa. 1St Source Bank & Trust reported 8,083 shs. Cedar Hill Assocs Ltd holds 1,569 shs. Keating Counselors Inc has invested 0.29% of its capital in Costco Wholesale Corporation (NASDAQ:COST).

COST had 9 sales and 0 insider buys since September 4, 2018. This’s net activity of $15.03 million. LIBENSON RICHARD M sold $458,976 worth of stock. On Tuesday, October 30 $945,940 worth of stock was sold by GALANTI RICHARD A. The insider JELINEK W CRAIG sold 22,500 shs worth $5.03M. On Tuesday, September 4 MEISENBACH JOHN W sold $699,420 worth of Costco Wholesale Corporation (NASDAQ:COST) or 3,000 shs. On Monday, October 15 Vachris Roland Michael also sold $1.49M worth of Costco Wholesale Corporation (NASDAQ:COST). 23,000 shs were sold by LAZARUS FRANZ E, worth $5.22 million.

The holdings In Costco Wholesale Co (COST) was decreased held by Paragon Capital Management Llc. According to 2018Q3 SEC form the reduction is 23.7%. 16,912 shares were sold by Paragon Capital Management Llc as the company’s stock declined 8.44% with the market. At the end of 2018Q3, the institutional investor held 54,440 shares of the department and specialty retail stores company, valued at $12.79 billion, down from 71,352 at the end of the previous reported quarter. $91.51B is the market cap of Costco Wholesale Co. The stock decreased 0.62% or $1.3 during the last trading session, hitting $207.75.Costco Wholesale Corporation has volume of 2.01 million shares. Since February 11, 2018 COST has risen 19.58% and is uptrending. COST outperformed by 19.58% the S&P 500.

About $100.95 million and $250.97B US Long portfolio Paragon Capital Management Llc operates. It increased its stake in Pfizer Incorporated (NYSE:PFE) by 3,803 shares to 7,000 shares, valued at $308.00 million in 2018Q3, according to the filing. For a total of 7,450 shares it increased its holding in U S Bancorp (NYSE:USB) by 5,232 shares in the quarter, and has risen its stake in Ishares Russell 1000 Etf (IWB).

Costco Wholesale Corporation (NASDAQ:COST)’s earnings release is expected by WallStreet on March, 6, as reported by RTT. Last year’s EPS was $1.42, while now analysts expect change of 16.20 % up from current $1.65 EPS. COST’s profit could reach $726.81 million with 31.48 P/E in case $1.65 EPS is announced. After $1.61 EPS was announced last quarter, analysts now see EPS growth of 2.48 % for Costco Wholesale Corporation.

For more Costco Wholesale Corporation (NASDAQ:COST) news published recently go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “CNH Industrial Selects aPriori for Product Cost Management – Nasdaq” published on February 07, 2019, “Southwestern Provides 2019 Production, Capital and Cost Data – Nasdaq” on February 06, 2019, “Noteworthy Monday Option Activity: YELP, CME, COST – Nasdaq” with a publish date: February 04, 2019, “Facing crackdown in Canada, drugmakers offered billions in price cuts – Nasdaq” and the last “Kellogg (K) to Post Q4 Earnings: Cost Woes Likely to Linger? – Nasdaq” with publication date: February 01, 2019.

Costco Wholesale Corporation (NASDAQ:COST) Ratings Coverage

A total of 9 analysts rate Costco Wholesale (NASDAQ:COST) as follows: 5 “Buy”, 4 “Hold” and 0 “Sell”. Š¢herefore 56% are bullish. The firm has $260 highest and $220 lowest target. The avg target $242.63 is 16.79% above the last ($207.75) price. (NASDAQ:COST) has 12 ratings reports on Feb 11, 2019 according to StockzIntelligence. On Monday, September 10 the firm earned “Outperform” rating by Raymond James. On Monday, September 17 the stock has “Overweight” rating by JP Morgan. On Monday, September 17 the stock has “Equal-Weight” rating by Barclays Capital. On Friday, October 5 the stock has “Buy” rating by Citigroup. On Friday, September 14 the firm earned “Market Perform” rating by Wells Fargo. On Monday, September 10 the firm has “Outperform” rating given by BMO Capital Markets. On Tuesday, September 4 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Outperform” rating given by Robert W. Baird. On Friday, December 14 the stock of Costco Wholesale Corporation (NASDAQ:COST) has “Market Perform” rating given by Wells Fargo. On Friday, October 5 Deutsche Bank maintained the shares of COST in report with “Hold” rating. On Friday, September 7 the rating was maintained by Stifel Nicolaus with “Buy”.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Investors Chart

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