Neville Rodie & Shaw Has Cut Costco Wholesale (COST) Position By $642,072; Datawatch Has 2.14 Sentiment

April 16, 2018 - By Martha Paddon

Costco Wholesale Corporation (NASDAQ:COST) Logo

Datawatch Corp (DWCH) investors sentiment increased to 2.14 in Q4 2017. It’s up 1.24, from 0.9 in 2017Q3. The ratio is positive, as 30 hedge funds opened new or increased equity positions, while 14 decreased and sold positions in Datawatch Corp. The hedge funds in our database reported: 4.60 million shares, down from 4.82 million shares in 2017Q3. Also, the number of hedge funds holding Datawatch Corp in top ten equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 6 Reduced: 8 Increased: 14 New Position: 16.

Neville Rodie & Shaw Inc decreased Costco Wholesale Corp (COST) stake by 12.19% reported in 2017Q4 SEC filing. Neville Rodie & Shaw Inc sold 3,452 shares as Costco Wholesale Corp (COST)’s stock declined 1.86%. The Neville Rodie & Shaw Inc holds 24,873 shares with $4.63 million value, down from 28,325 last quarter. Costco Wholesale Corp now has $82.90 billion valuation. The stock increased 0.05% or $0.09 during the last trading session, reaching $188.91. About 1.51M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since April 16, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on May, 24. They expect $1.66 EPS, up 18.57% or $0.26 from last year’s $1.4 per share. COST’s profit will be $728.44M for 28.45 P/E if the $1.66 EPS becomes a reality. After $1.42 actual EPS reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 16.90% EPS growth.

Neville Rodie & Shaw Inc increased Quanta Services Inc (NYSE:PWR) stake by 23,050 shares to 290,384 valued at $11.36 million in 2017Q4. It also upped Salesforce.Com Inc (NYSE:CRM) stake by 4,050 shares and now owns 28,049 shares. Alphabet Class A was raised too.

Since October 20, 2017, it had 0 insider buys, and 17 selling transactions for $24.18 million activity. LIBENSON RICHARD M sold $3.86M worth of stock. MEISENBACH JOHN W had sold 3,000 shares worth $573,930 on Thursday, March 1. The insider Hines Daniel M. sold 5,000 shares worth $943,080. 12,000 shares were sold by Rose Timothy L., worth $2.21 million on Thursday, March 22. GALANTI RICHARD A sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 22. 11,674 shares were sold by MOULTON PAUL G, worth $2.21M. Another trade for 5,200 shares valued at $977,510 was made by Vachris Roland Michael on Monday, January 8.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale has $230.0 highest and $144.0 lowest target. $190.52’s average target is 0.85% above currents $188.91 stock price. Costco Wholesale had 125 analyst reports since August 24, 2015 according to SRatingsIntel. Cowen & Co maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 15 with “Buy” rating. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Piper Jaffray on Wednesday, September 2. Deutsche Bank maintained the shares of COST in report on Tuesday, May 31 with “Buy” rating. The firm has “Outperform” rating given on Friday, February 5 by BMO Capital Markets. Vetr upgraded Costco Wholesale Corporation (NASDAQ:COST) rating on Monday, August 24. Vetr has “Buy” rating and $158.94 target. The firm has “Buy” rating given on Thursday, December 10 by Argus Research. The rating was downgraded by Morgan Stanley on Friday, October 6 to “Equal-Weight”. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, January 24. As per Thursday, October 1, the company rating was maintained by Telsey Advisory Group. Citigroup maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, October 6. Citigroup has “Buy” rating and $190 target.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It dropped, as 64 investors sold COST shares while 442 reduced holdings. 134 funds opened positions while 364 raised stakes. 308.22 million shares or 1.23% more from 304.48 million shares in 2017Q3 were reported. 1,267 are held by Heritage Wealth Advsr. Fincl Engines Advsrs holds 6 shares or 0% of its portfolio. Eulav Asset Management has invested 0.65% in Costco Wholesale Corporation (NASDAQ:COST). Addison Capital accumulated 1,336 shares. Hollencrest accumulated 7,515 shares or 0.18% of the stock. Keating Invest Counselors, Florida-based fund reported 5,031 shares. Stone Ridge Asset Mgmt Limited Liability Company invested in 0.35% or 28,210 shares. Comerica Bancorp reported 145,212 shares or 0.19% of all its holdings. Barclays Public Limited reported 579,387 shares. Invest Of Virginia holds 0.36% or 8,082 shares. Victory accumulated 144,683 shares. Cypress Cap invested in 5,289 shares. Visionary Asset Management Inc holds 1,170 shares. Mount Vernon Assocs Incorporated Md owns 13,545 shares. Granite Investment Ptnrs invested in 0.35% or 30,135 shares.

Datawatch Corporation designs, develops, markets, and distributes business computer software products to self-service data preparation and visual data discovery markets in the United States and internationally. The company has market cap of $110.55 million. The Company’s software solutions allow organizations to access, analyze, and visualize their information. It currently has negative earnings. The companyÂ’s products include Datawatch Monarch, a self-service data preparation tool to explore, manipulate, and merge new data sources; Datawatch Panopticon that enables real-time preparation of streaming data for data analysis; and Datawatch Report Mining Server, a Web report analytics solution that integrates with existing enterprise content management system for unlocking the corporate data.

G2 Investment Partners Management Llc holds 2.1% of its portfolio in Datawatch Corporation for 574,061 shares. S Squared Technology Llc owns 75,000 shares or 0.65% of their US portfolio. Moreover, Cooper Creek Partners Management Llc has 0.63% invested in the company for 103,200 shares. The Massachusetts-based Essex Investment Management Co Llc has invested 0.25% in the stock. Oberweis Asset Management Inc, a Illinois-based fund reported 99,300 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $360,753 activity.

The stock decreased 0.56% or $0.05 during the last trading session, reaching $8.95. About 33,035 shares traded. Datawatch Corporation (DWCH) has risen 1.79% since April 16, 2017 and is uptrending. It has underperformed by 9.76% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart