Costco Wholesale Corporation (COST) : Sensible Financial Planning Management. added new position in Costco Wholesale Corporation during the most recent quarter end. The investment management firm now holds 62 shares of Costco Wholesale Corporation which is valued at $8,959 , the company said in a statement filed on May 13, 2016 with the SEC.Costco Wholesale Corporation makes up approximately 0.01% of Sensible Financial Planning Management.’s portfolio.
Other Hedge Funds, Including , Ronald Blue Co boosted its stake in COST in the latest quarter, The investment management firm added 29 additional shares and now holds a total of 1,517 shares of Costco Wholesale Corporation which is valued at $219,207. Costco Wholesale Corporation makes up approx 0.01% of Ronald Blue Co’s portfolio.Great Lakes Advisors boosted its stake in COST in the latest quarter, The investment management firm added 8,020 additional shares and now holds a total of 21,443 shares of Costco Wholesale Corporation which is valued at $3.1 Million. Costco Wholesale Corporation makes up approx 0.09% of Great Lakes Advisors’s portfolio. Guardian Investment Management sold out all of its stake in COST during the most recent quarter. The investment firm sold 7,089 shares of COST which is valued $1 Million.Municipal Employees’ Retirement System Of Michigan boosted its stake in COST in the latest quarter, The investment management firm added 240 additional shares and now holds a total of 13,510 shares of Costco Wholesale Corporation which is valued at $2 Million. Costco Wholesale Corporation makes up approx 0.13% of Municipal Employees’ Retirement System Of Michigan’s portfolio.
Costco Wholesale Corporation opened for trading at $142.62 and hit $145.68 on the upside on Wednesday, eventually ending the session at $144.54, with a gain of 1.38% or 1.97 points. The heightened volatility saw the trading volume jump to 41,66,693 shares. Company has a market cap of $63,458 M.
On the company’s financial health, Costco Wholesale Corporation reported $1.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Dec 8, 2015. Analyst had a consensus of $1.17. The company had revenue of $27200.00 million for the quarter, compared to analysts expectations of $27729.79 million. The company’s revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.12 EPS.
Many Wall Street Analysts have commented on Costco Wholesale Corporation. RBC Capital Mkts Initiated Costco Wholesale Corporation on May 3, 2016 to “Outperform”, Price Target of the shares are set at $169.Costco Wholesale Corporation was Resumed by Barclays to “Equal Weight” on Mar 31, 2016. Shares were Reiterated by Telsey Advisory Group on Mar 4, 2016 to “Outperform” and Lowered the Price Target to $ 170 from a previous price target of $175 .
Costco Wholesale Corporation (Costco) is engaged in the operation of membership warehouses in the United States (U.S.) and Puerto Rico Canada United Kingdom (U.K.) Mexico Japan Australia Spain and through majority-owned subsidiaries in Taiwan and Korea. The Company operated 663 membership warehouses and an average warehouse is approximately 144000 square feet. The Companys warehouses generally operate on a seven-day 69-hour week. The Companys product categories include Food Sundries Hardlines Fresh Food Softlines Ancillary and Other. The Companys online business provides products which include services such as photo processing pharmacy travel business delivery and membership services.