Costco Wholesale Corporation (COST), Cummins Inc. (CMI)

Lloyd Doyle
November 15, 2017

Courier Capital LLC lifted its stake in shares of Costco Wholesale Corporation by 3.7% in the second quarter. When we look at the Volatility of the company, Week Volatility is at 1.56% whereas Month Volatility is at 1.37%. Monroe Bank And Trust Mi invested 0.01% in Costco Wholesale Corporation (NASDAQ:COST). SNS Financial Group LLC now owns 2,154 shares of the retailer's stock valued at $344,000 after buying an additional 2,357 shares in the last quarter. Cognios Capital Limited Company invested 0.17% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Buckingham Asset Management LLC now owns 2,240 shares of the retailer's stock worth $352,000 after buying an additional 19 shares during the period. TCI Wealth Advisors Inc. lifted its stake in shares of Costco Wholesale Corporation by 2.7% in the second quarter. Finally, MUFG Securities EMEA plc purchased a new position in Costco Wholesale Corporation in the second quarter valued at $9,596,000. Hedge funds and other institutional investors own 72.76% of the company's stock.

Costco Wholesale Corporation (COST) ended its previous trading session at $171.46 with the Gain of 0.06%.

The price target set for the Costco Wholesale Corporation (COST) is $178.61 and this sets up an interesting set of potential movement for the stock.

Hess Corporation (NYSE:HES) posting a -1.10% after which it closed the day' session at $46.59 and the company has experienced volume of 3,522,428 shares while on average the company has a capacity of trading 4.06M share while its relative trading volume is 0.87.

In the market the company is trading down by 0.05% percent from yesterday's close.

Costco Wholesale Corporation (NASDAQ:COST) last issued its quarterly earnings results on Thursday, October 5th. The retailer reported $2.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.02 by $0.06.

According to 18 analysts, the Average Revenue Estimate for the current Fiscal quarter is $41.48 Billion and the Low Revenue estimate is $39.03 Billion, while the High Revenue estimate is $42.52 Billion. North Star Investment Management Corporation holds 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 4,000 shares. The company's revenue for the quarter was up 15.7% on a year-over-year basis.


The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 17th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.00 annualized dividend and a yield of 1.17%. Costco Wholesale Corporation's dividend payout ratio (DPR) is now 32.89%.

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COPYRIGHT VIOLATION NOTICE: "Costco Wholesale Corporation (COST) Insider John D. Mckay Sells 8,111 Shares" was first reported by TrueBlueTribune and is the property of of TrueBlueTribune. Courier Capital LLC now owns 12,206 shares of the retailer's stock worth $1,952,000 after buying an additional 441 shares during the last quarter. Canandaigua Bank & Trust Tru Company reported 2,012 shares or 0.07% of all its holdings. Meisenbach now owns $7,406,730 of the stock according to the SEC filing. Also, VP Dennis R. Zook sold 5,000 shares of Costco Wholesale Corporation stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $160.58, for a total transaction of $802,900.00. Following the completion of the sale, the vice president now owns 626 shares of the company's stock, valued at approximately $101,361.92. Corporate insiders own 0.74% of the company's stock.

Several analysts recently commented on the stock. Robert W. Baird maintained it with "Buy" rating and $20000 target in Wednesday, June 28 report. The stock of Costco Wholesale Corporation (NASDAQ:COST) has "Buy" rating given on Friday, November 10 by RBC Capital Markets. Finally, Stifel Nicolaus restated a "buy" rating and set a $173.00 price target on shares of Costco Wholesale Corporation in a research report on Monday, October 9th. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned "Mkt Perform" rating by Bernstein on Monday, February 6. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company's stock.

On October 9 Bank of America Corporation held the stock rating at "Buy" projecting a price of $192.00.

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea.

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