Van Hulzen Asset Management Has Trimmed Its Costco (COST) Position by $510,756; Palestra Capital Management Has Cut Microsoft (MSFT) Position by $739,500

May 20, 2018 - By Ellis Scott

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Andrew Immerman decreased its stake in Microsoft Corp (MSFT) by 0.77% based on its latest 2017Q4 regulatory filing with the SEC. Palestra Capital Management Llc sold 8,700 shares as the company’s stock rose 4.63% while stock markets declined. The hedge fund run by Andrew Immerman held 1.13 million shares of the prepackaged software company at the end of 2017Q4, valued at $96.34 million, down from 1.14 million at the end of the previous reported quarter. Palestra Capital Management Llc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $740.35B market cap company. The stock increased 0.19% or $0.18 during the last trading session, reaching $96.36. About 13.92M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 37.43% since May 20, 2017 and is uptrending. It has outperformed by 25.88% the S&P500.

Van Hulzen Asset Management Llc decreased its stake in Costco (COST) by 6.05% based on its latest 2017Q4 regulatory filing with the SEC. Van Hulzen Asset Management Llc sold 2,746 shares as the company’s stock declined 1.86% with the market. The institutional investor held 42,650 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $7.94 million, down from 45,396 at the end of the previous reported quarter. Van Hulzen Asset Management Llc who had been investing in Costco for a number of months, seems to be less bullish one the $87.31B market cap company. The stock decreased 0.32% or $0.64 during the last trading session, reaching $198.96. About 1.25M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 20, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Among 37 analysts covering Microsoft Corporation (NASDAQ:MSFT), 31 have Buy rating, 1 Sell and 5 Hold. Therefore 84% are positive. Microsoft Corporation had 185 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of MSFT in report on Friday, July 21 with “Buy” rating. The rating was upgraded by Goldman Sachs on Friday, December 18 to “Neutral”. The stock of Microsoft Corporation (NASDAQ:MSFT) earned “Neutral” rating by Citigroup on Monday, April 30. The firm has “Buy” rating by Piper Jaffray given on Monday, November 27. The stock of Microsoft Corporation (NASDAQ:MSFT) has “Buy” rating given on Friday, July 21 by Barclays Capital. The rating was maintained by Nomura on Tuesday, April 19 with “Buy”. Vetr upgraded the stock to “Strong-Buy” rating in Wednesday, September 2 report. The firm earned “Outperform” rating on Thursday, March 17 by Oppenheimer. The rating was maintained by Cowen & Co on Friday, July 21 with “Buy”. Wunderlich maintained the shares of MSFT in report on Wednesday, July 20 with “Hold” rating.

Palestra Capital Management Llc, which manages about $755.46M and $1.78B US Long portfolio, upped its stake in T Mobile Us Inc (NYSE:TMUS) by 803,300 shares to 1.77 million shares, valued at $112.55M in 2017Q4, according to the filing. It also increased its holding in Dowdupont Inc by 640,000 shares in the quarter, for a total of 2.07M shares, and has risen its stake in Yandex N V (NASDAQ:YNDX).

Investors sentiment decreased to 0.77 in 2017 Q4. Its down 0.06, from 0.83 in 2017Q3. It worsened, as 39 investors sold MSFT shares while 1012 reduced holdings. 134 funds opened positions while 676 raised stakes. 5.46 billion shares or 0.90% less from 5.51 billion shares in 2017Q3 were reported. New York-based Duquesne Family Office Limited Liability Com has invested 13.92% in Microsoft Corporation (NASDAQ:MSFT). Huntington National Bank & Trust owns 1.20M shares or 1.63% of their US portfolio. South Street Advsr, a New York-based fund reported 11,700 shares. 1.06 million are owned by Columbus Circle. Salem Mngmt holds 5.15% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 118,419 shares. Diversified Trust accumulated 15,920 shares or 0.08% of the stock. Js Capital Mngmt Ltd Llc holds 124,000 shares. Regions Financial accumulated 1.34M shares. Tiger Eye Capital Limited Liability has 0.14% invested in Microsoft Corporation (NASDAQ:MSFT) for 9,800 shares. Independence Trust stated it has 3.56% in Microsoft Corporation (NASDAQ:MSFT). Strs Ohio reported 7.00 million shares. Investors Asset Mngmt Of Georgia Ga Adv owns 18,875 shares. Palestra Cap Mngmt Limited has 1.13M shares. S R Schill Assocs holds 0.54% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 10,192 shares. Mcrae Mgmt Inc stated it has 159,178 shares.

More notable recent Microsoft Corporation (NASDAQ:MSFT) news were published by: Investorplace.com which released: “3 Stocks to Watch on Thursday: Booking Holdings Inc (BKNG), Microsoft Corporation (MSFT) and Qualcomm, Inc …” on May 10, 2018, also Nasdaq.com with their article: “Microsoft Corporation Replacing Surface Pro 4s in “Flickergate” Resolution” published on May 14, 2018, Seekingalpha.com published: “Microsoft Building Trust Along With IoT And AI” on May 10, 2018. More interesting news about Microsoft Corporation (NASDAQ:MSFT) were released by: Seekingalpha.com and their article: “Microsoft: Headed To Higher Highs” published on May 01, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft: Enterprise Strength Buoys An Especially Strong Quarter” with publication date: April 30, 2018.

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on July, 19. They expect $1.08 EPS, up 10.20% or $0.10 from last year’s $0.98 per share. MSFT’s profit will be $8.30B for 22.31 P/E if the $1.08 EPS becomes a reality. After $0.95 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 13.68% EPS growth.

Since February 16, 2018, it had 0 buys, and 3 selling transactions for $930,912 activity.

Among 33 analysts covering Costco Wholesale (NASDAQ:COST), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Costco Wholesale had 128 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by UBS on Friday, October 6. Deutsche Bank upgraded the shares of COST in report on Thursday, December 3 to “Buy” rating. The firm has “Outperform” rating given on Friday, May 27 by RBC Capital Markets. The stock has “Hold” rating by Jefferies on Tuesday, August 22. Stifel Nicolaus maintained the shares of COST in report on Wednesday, August 2 with “Buy” rating. The firm has “Hold” rating given on Monday, August 28 by BMO Capital Markets. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by RBC Capital Markets on Friday, November 10. Northcoast upgraded the shares of COST in report on Tuesday, June 20 to “Buy” rating. Deutsche Bank downgraded the shares of COST in report on Monday, June 19 to “Hold” rating. As per Monday, October 26, the company rating was upgraded by UBS.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on May, 31 after the close. They expect $1.67 earnings per share, up 19.29% or $0.27 from last year’s $1.4 per share. COST’s profit will be $732.83M for 29.78 P/E if the $1.67 EPS becomes a reality. After $1.42 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 17.61% EPS growth.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.21, from 1.19 in 2017Q3. It is negative, 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. Middleton And Inc Ma holds 1.81% or 57,838 shares in its portfolio. State Of Wisconsin Inv Board owns 0.25% invested in Costco Wholesale Corporation (NASDAQ:COST) for 481,815 shares. Moreover, Semper Augustus Invs Gru Limited Liability Company has 2.82% invested in Costco Wholesale Corporation (NASDAQ:COST). Carnegie Cap Asset Lc owns 8,277 shares. Nj State Employees Deferred Compensation Plan has invested 0.39% in Costco Wholesale Corporation (NASDAQ:COST). Welch & Forbes Ltd Liability holds 0.58% or 116,127 shares in its portfolio. Mai Management reported 31,011 shares or 0.33% of all its holdings. 7,502 are owned by Mariner Wealth Limited Liability. Willingdon Wealth holds 0.99% or 16,142 shares. Hills National Bank & Trust And Tru holds 0.25% in Costco Wholesale Corporation (NASDAQ:COST) or 4,659 shares. Cambridge Trust Company has invested 0.03% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Citizens And Northern has 6,046 shares. Nelson Roberts Inv Advisors Ltd Limited Liability Company stated it has 3.31% in Costco Wholesale Corporation (NASDAQ:COST). Telos Cap Management has invested 0.79% in Costco Wholesale Corporation (NASDAQ:COST). Employees Retirement Of Texas, a Texas-based fund reported 24,000 shares.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Nasdaq.com which released: “Walmart Inc Chases Its Great White Whale to India” on May 10, 2018, also Globenewswire.com with their article: “Costco Auto Program Announces Nationwide Special Offer with Volvo” published on May 04, 2018, Investorplace.com published: “Is Prime Really Beating Costco Wholesale Corporation?” on April 24, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “What Costco’s 14% Dividend Boost Means” published on May 01, 2018 as well as 247Wallst.com‘s news article titled: “Volvo Offers Employee New Car Pricing to Costco Members” with publication date: May 04, 2018.

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