Credit Suisse Group Reiterates Buy Rating for Costco Wholesale Corporation (COST)

A rating of 4 or 5 would represent a Sell recommendation.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.16, from 0.94 in 2016Q3. 43 funds opened positions while 75 raised stakes. Prudential Financial holds 0.02% in Pinnacle West Capital Corporation (NYSE:PNW) or 157,312 shares. Bollard Group Limited Company holds 13,635 shares or 0.14% of its portfolio. Amica Mutual invested 0.04% in Pinnacle West Capital Corporation (NYSE:PNW). United Kingdom-based Henderson Gru Plc has invested 0.18% in Costco Wholesale Corporation (NASDAQ:COST). World owns 2.75 million shares or 0.05% of their USA portfolio. It improved, as 31 investors sold MYGN shares while 66 reduced holdings. Stifel Financial Corp holds 35,898 shares or 0.01% of its portfolio. Van Eck Assocs holds 16,325 shares. 98,862 were accumulated by Ashfield Cap Partners Ltd Co. Jones Lllp holds 0% or 1,566 shares.

On average, analysts expect that Costco Wholesale Corporation will report full-year sales of $41.40 billion for the current year, with estimates ranging from $126.24 billion to $129.24 billion. Therefore 45% are positive. On Tuesday, August 16 the stock rating was maintained by Citigroup with "Neutral". The firm has "Outperform" rating given on Monday, November 9 by Telsey Advisory Group. The firm has "Equal-Weight" rating by Barclays Capital given on Thursday, March 31. 17,643 were reported by Bb&T.

Several blemishing value in the stock market possibly will oblige dedication of a person and lot of hard work. (NYSE:ITT) rating on Friday, December 2. Sterne Agee CRT has "Buy" rating and $154 target. Aegis Capital has "Buy" rating and $47 target. The retailer reported $1.40 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.09. PNW's profit will be $122.24M for 19.35 P/E if the $1.10 EPS becomes a reality.

Following previous thoughts, shifting focus on performance of the Costco Wholesale Corporation (NASDAQ:COST) that has shown a discernible change in trend levels over the path of recent market activity.

Investors sentiment increased to 1.1 in 2016 Q4. Its down 0.19, from 1.06 in 2016Q3.

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Hedge funds have recently made changes to their positions in the company. 8,371 shares valued at $150,708 were sold by KELLEHER BARRY on Monday, May 1. 504,348 were accumulated by Axa. Maryland Capital invested in 2,355 shares.

Costco Wholesale Corporation (NASDAQ:COST) has a market cap of $67.77 billion and over the last 12 months, COST has declined by -4.18%. 50,607 are owned by Baldwin Brothers Incorporated Ma. Rwc Asset Mgmt Limited Liability Partnership invested in 28,904 shares or 0.3% of the stock. Valley National Advisers invested in 0.01% or 82 shares. Davidson Garrard holds 0.2% in Costco Wholesale Corporation (NASDAQ:COST) or 4,982 shares. Miles Capital has invested 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Numeric Investors Llc invested 0.01% in Veracyte Inc (NASDAQ:VCYT). Whittier Trust Com Of Nevada holds 15,140 shares or 0.26% of its portfolio. Hollencrest Securities Limited owns 0.14% invested in Costco Wholesale Corporation (NASDAQ:COST) for 5,715 shares. 144,569 are owned by Personal Cap Advsr. Moreover, Redmond Asset Management Llc has 0.2% invested in the company for 59,165 shares. 26,639 were reported by Wealthtrust Fairport Limited Liability Co.

Costco Wholesale Corporation (NASDAQ:COST) last posted its quarterly earnings data on Thursday, May 25th. Therefore 50% are positive. Zacks Investment Research's sales averages are a mean average based on a survey of research analysts that follow Costco Wholesale Corporation. BTIG Research maintained the stock with "Buy" rating in Friday, August 14 report. Williams Capital Group maintained it with "Hold" rating and $165.0 target in Friday, October 23 report. Credit Suisse Group raised Costco Wholesale Corporation to a "buy" rating and set a $175.00 price objective on the stock in a research note on Thursday, April 6th. The rating was initiated by RBC Capital Markets with "Outperform" on Tuesday, May 3. As per Wednesday, August 10, the company rating was maintained by UBS. Great West Life Assurance Can stated it has 0.19% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). On Tuesday, June 20 the stock rating was upgraded by Northcoast to "Buy". The firm has "Buy" rating by Argus Research given on Thursday, December 10.

Simply put, readings in the range of 80% to 100% indicate that the security is oversold while readings in the 0% to 20% range suggest it is overbought. Murphy James P. also sold $906,504 worth of Costco Wholesale Corporation (NASDAQ:COST) on Wednesday, June 7. Rose Timothy L. had sold 4,000 shares worth $667,799. 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. Also, insider John D. Mckay sold 3,000 shares of the firm's stock in a transaction that occurred on Monday, June 5th. Leavell Investment Management Inc. increased its stake in Costco Wholesale Corporation by 2.2% in the first quarter. 1,679 are owned by Vaughan David Il. Amerisourcebergen Corp (NYSE:ABC) was raised too.

Stock has got OUTPERFORM rating from 10 analyst (s) whereas last month 11 analyst (s) have given outperform rating.

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