Costco Wholesale Corporation (COST) : First National Bank Of Omaha scooped up 23,820 additional shares in Costco Wholesale Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 79,692 shares of Costco Wholesale Corporation which is valued at $13,391,444.Costco Wholesale Corporation makes up approximately 1.01% of First National Bank Of Omaha’s portfolio.
Other Hedge Funds, Including , Brookstone Capital Management boosted its stake in COST in the latest quarter, The investment management firm added 366 additional shares and now holds a total of 3,102 shares of Costco Wholesale Corporation which is valued at $521,260. Costco Wholesale Corporation makes up approx 0.07% of Brookstone Capital Management’s portfolio.Gofen Glossberg Il boosted its stake in COST in the latest quarter, The investment management firm added 1,199 additional shares and now holds a total of 91,666 shares of Costco Wholesale Corporation which is valued at $15,288,055. Costco Wholesale Corporation makes up approx 0.63% of Gofen Glossberg Il’s portfolio.
Costco Wholesale Corporation closed down -0.08 points or -0.05% at $168.04 with 13,36,877 shares getting traded on Wednesday. Post opening the session at $168.25, the shares hit an intraday low of $166.95 and an intraday high of $168.26 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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. Company shares were Upgraded by Goldman on Jun 1, 2016 to ” Buy”, Firm has raised the Price Target to $ 175 from a previous price target of $169 .Company shares were Reiterated by RBC Capital Mkts on May 27, 2016 to “Outperform”, Firm has raised the Price Target to $ 173 from a previous price target of $169 .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 (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.