Toronto Dominion Bank Continues to Hold Position in Costco Wholesale (COST); Capital Management Position in Marriott Intl New (MAR) Lowered by $1.30 Million as Market Value Rose

February 22, 2018 - By Hazel Jackson

Toronto Dominion Bank increased its stake in Costco Wholesale Corp (COST) by 41864.75% based on its latest 2017Q3 regulatory filing with the SEC. Toronto Dominion Bank bought 167,459 shares as the company’s stock rose 1.54% with the market. The institutional investor held 167,859 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $27.58 million, up from 400 at the end of the previous reported quarter. Toronto Dominion Bank who had been investing in Costco Wholesale Corp for a number of months, seems to be bullish on the $81.56B market cap company. The stock decreased 1.26% or $2.37 during the last trading session, reaching $185.75. About 1.75M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since February 22, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Capital Management Corp decreased its stake in Marriott Intl Inc New (MAR) by 12.47% based on its latest 2017Q3 regulatory filing with the SEC. Capital Management Corp sold 11,815 shares as the company’s stock rose 15.06% with the market. The institutional investor held 82,943 shares of the hotels and resorts company at the end of 2017Q3, valued at $9.15M, down from 94,758 at the end of the previous reported quarter. Capital Management Corp who had been investing in Marriott Intl Inc New for a number of months, seems to be less bullish one the $50.74 billion market cap company. The stock increased 1.08% or $1.52 during the last trading session, reaching $141.96. About 3.81M shares traded or 58.12% up from the average. Marriott International, Inc. (NASDAQ:MAR) has risen 58.26% since February 22, 2017 and is uptrending. It has outperformed by 41.56% the S&P500.

Analysts await Marriott International, Inc. (NASDAQ:MAR) to report earnings on May, 14. They expect $1.20 EPS, up 18.81% or $0.19 from last year’s $1.01 per share. MAR’s profit will be $428.93 million for 29.58 P/E if the $1.20 EPS becomes a reality. After $1.12 actual EPS reported by Marriott International, Inc. for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

Capital Management Corp, which manages about $401.58 million and $350.14 million US Long portfolio, upped its stake in Greenhill & Co Inc (NYSE:GHL) by 220,150 shares to 676,661 shares, valued at $11.23 million in 2017Q3, according to the filing. It also increased its holding in Lamar Advertising Co New (NASDAQ:LAMR) by 42,289 shares in the quarter, for a total of 103,149 shares, and has risen its stake in Delta Air Lines Inc Del (NYSE:DAL).

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.09, from 1.01 in 2017Q2. It turned negative, as 44 investors sold MAR shares while 224 reduced holdings. 66 funds opened positions while 180 raised stakes. 236.59 million shares or 1.84% less from 241.03 million shares in 2017Q2 were reported. Victory Cap Management has invested 0.01% in Marriott International, Inc. (NASDAQ:MAR). Karpas Strategies Ltd Liability Company has 0.58% invested in Marriott International, Inc. (NASDAQ:MAR). 51,088 are owned by First American Bankshares. 510,673 were reported by Adelante Cap Management Ltd. Cohen Incorporated holds 0.06% in Marriott International, Inc. (NASDAQ:MAR) or 2,064 shares. Asset Incorporated reported 1,481 shares. 667,105 are owned by Hs Limited Liability. Hartline Invest reported 1.3% in Marriott International, Inc. (NASDAQ:MAR). Valley National Advisers stated it has 22 shares. 8,452 were reported by Edgestream Prtnrs Lp. Adage Group Lc, Massachusetts-based fund reported 448,725 shares. Sentinel Asset Mngmt invested in 310,800 shares or 0.82% of the stock. Ascend Capital Ltd Co stated it has 1.07% of its portfolio in Marriott International, Inc. (NASDAQ:MAR). Moreover, Spectrum Management Grp Inc has 0% invested in Marriott International, Inc. (NASDAQ:MAR) for 11 shares. Birch Hill Advsr Ltd Co holds 0.05% or 5,587 shares in its portfolio.

Since September 1, 2017, it had 0 insider buys, and 11 insider sales for $16.61 million activity. Kyriakidis Argiris sold $323,520 worth of stock. The insider MARRIOTT J W JR sold 10,376 shares worth $1.06M. Linnartz Stephanie also sold $659,348 worth of Marriott International, Inc. (NASDAQ:MAR) shares. Harrison Deborah Marriott sold $4.56M worth of stock. The insider Ryan Edward A sold $462,245. Rodriguez David A sold $1.01 million worth of Marriott International, Inc. (NASDAQ:MAR) on Tuesday, December 19.

Among 20 analysts covering Marriott International (NASDAQ:MAR), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. Marriott International had 62 analyst reports since August 5, 2015 according to SRatingsIntel. Morgan Stanley maintained Marriott International, Inc. (NASDAQ:MAR) on Friday, December 8 with “Buy” rating. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, November 4. The stock of Marriott International, Inc. (NASDAQ:MAR) has “Market Perform” rating given on Thursday, November 16 by Bernstein. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 22 report. As per Wednesday, August 30, the company rating was upgraded by Wolfe Research. The stock of Marriott International, Inc. (NASDAQ:MAR) earned “Hold” rating by SunTrust on Tuesday, February 21. The company was downgraded on Wednesday, April 20 by Raymond James. SunTrust maintained the stock with “Hold” rating in Thursday, November 9 report. The firm earned “Hold” rating on Thursday, February 1 by Stifel Nicolaus. Canaccord Genuity upgraded Marriott International, Inc. (NASDAQ:MAR) on Friday, December 4 to “Buy” rating.

Since September 1, 2017, it had 0 buys, and 16 insider sales for $22.37 million activity. On Tuesday, September 19 the insider SINEGAL JAMES D sold $5.76 million. Rose Timothy L. sold $966,000 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, December 18. ZOOK DENNIS R had sold 5,000 shares worth $810,788. On Friday, January 5 the insider Murphy James P. sold $937,421. On Friday, September 1 MEISENBACH JOHN W sold $157,590 worth of Costco Wholesale Corporation (NASDAQ:COST) or 1,000 shares. 5,000 shares valued at $802,892 were sold by GALANTI RICHARD A on Friday, October 20.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.09, from 1.28 in 2017Q2. It is negative, as 69 investors sold COST shares while 383 reduced holdings. 103 funds opened positions while 433 raised stakes. 304.48 million shares or 2.26% less from 311.53 million shares in 2017Q2 were reported. Marshall And Sullivan Wa holds 0.24% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 1,605 shares. Dimensional Fund Ltd Partnership owns 1.25M shares or 0.09% of their US portfolio. Thompson Siegel Walmsley Limited Liability Company has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). United Kingdom-based Sarasin & Ptnrs Ltd Liability Partnership has invested 3% in Costco Wholesale Corporation (NASDAQ:COST). Glg Ltd Liability Company, New York-based fund reported 20,909 shares. Citizens & Northern accumulated 5,958 shares. Veritable LP holds 0.06% in Costco Wholesale Corporation (NASDAQ:COST) or 18,189 shares. Alpha Cubed Invs Limited Liability invested in 8,336 shares. Roundview Cap Lc invested 0.36% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Fukoku Mutual Life has 0.05% invested in Costco Wholesale Corporation (NASDAQ:COST). Kentucky Retirement System holds 26,930 shares or 0.33% of its portfolio. Mount Vernon Associate Md has 13,545 shares. Everence Cap Inc owns 8,400 shares for 0.32% of their portfolio. First Dallas stated it has 7,080 shares. Forte Llc Adv holds 2,004 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Hazel Jackson

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: