Barometer Capital Management Has Cut Costco Wholesale (COST) Stake by $450,450 as Market Value Declined; Dynamo Internacional Gestao De Recursos Ltda Maintains Holding in Cosan LTD (CZZ)

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Barometer Capital Management Inc decreased its stake in Costco Wholesale Corp (COST) by 1.78% based on its latest 2018Q3 regulatory filing with the SEC. Barometer Capital Management Inc sold 1,925 shares as the company’s stock declined 8.44% with the market. The hedge fund held 106,375 shares of the department and specialty retail stores company at the end of 2018Q3, valued at $24.99 million, down from 108,300 at the end of the previous reported quarter. Barometer Capital Management Inc who had been investing in Costco Wholesale Corp for a number of months, seems to be less bullish one the $92.73 billion market cap company. The stock decreased 0.06% or $0.13 during the last trading session, reaching $210.51. About 1.86M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 19.58% since January 12, 2018 and is uptrending. It has outperformed by 19.58% the S&P500. Some Historical COST News: 07/03/2018 – COSTCO WHOLESALE CORP – NET SALES FOR QUARTER INCREASED 10.8 PERCENT, TO $32.28 BLN FROM $29.13 BLN LAST YEAR; 15/05/2018 – Bridgewater Adds Biogen, Exits Costco, Buys More Newfield: 13F; 17/04/2018 – Former Costco Wholesale Executives Bring Transparency To Fast Food; 29/05/2018 – Citigroup won’t use high deposit rates to win digital accounts -exec; 12/04/2018 – Costco Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – Fitch Affirms Costco’s IDR at ‘A+’; Outlook Stable; 07/03/2018 – COSTCO WHOLESALE CORP COST.O – SECOND QUARTER TRAFFIC OR SHOPPING FREQUENCY WAS UP 3.7% WORLDWIDE AND 3.4% IN THE U.S. – CONF CALL; 29/05/2018 – Costco’s Taiwan Comment Leads to Economy-Sized Headache in China; 17/05/2018 – Hak’s Launches First All-Organic Meal Kit Exclusively in LA Costco Stores; 11/04/2018 – COSTCO WHOLESALE – TOTAL COMPANY COMPARABLE SALES EXCLUDING IMPACT FROM CHANGES IN GASOLINE PRICE,FOREIGN EXCHANGE UP 5.8% FOR 5 WEEKS ENDED APRIL 8

Dynamo Internacional Gestao De Recursos Ltda increased its stake in Cosan Ltd (CZZ) by 29.07% based on its latest 2018Q3 regulatory filing with the SEC. Dynamo Internacional Gestao De Recursos Ltda bought 820,415 shares as the company’s stock rose 31.35% while stock markets declined. The institutional investor held 3.64 million shares of the specialty foods company at the end of 2018Q3, valued at $24.37 million, up from 2.82M at the end of the previous reported quarter. Dynamo Internacional Gestao De Recursos Ltda who had been investing in Cosan Ltd for a number of months, seems to be bullish on the $2.33 billion market cap company. The stock increased 1.81% or $0.18 during the last trading session, reaching $10.11. About 2.36 million shares traded or 50.83% up from the average. Cosan Limited (NYSE:CZZ) has declined 9.31% since January 12, 2018 and is downtrending. It has underperformed by 9.31% the S&P500. Some Historical CZZ News: 10/05/2018 – COSAN 1Q ADJ EBITDA R$1.31B, EST. R$1.23B; 15/05/2018 – Dynamo Cuts Praxair, Buys More Cosan Ltd: 13F; 20/03/2018 – BRAZIL’S COSAN INDUSTRIA E COMERCIO SIGNS 20-YEAR AGREEMENT WITH EXXONMOBIL FOR PRODUCTION AND DISTRIBUTION OF MOBIL LUBRICANT PRODUCTS IN BRAZIL, BOLIVIA, PARAGUAY, AND URUGUAY -FILING; 17/04/2018 – COSAN CSAN3.SA : HSBC RAISES TARGET PRICE TO BRL 54 FROM BRL 48; 10/04/2018 – Moody’s Affirmed Cosan S.A. Ratings and Changed Outlook to Stable From Negative; 10/05/2018 – Brazil’s Cosan notches 68 pct rise in first-quarter profit; 20/03/2018 COSAN SIGNS NEW CONTRACT TO DISTRIBUTE EXXONMOBIL LUBRICANTS; 20/03/2018 – Brazil’s Cosan signs 20-year lubricant contract with Exxon in South America; 11/05/2018 – COSAN SAYS CURRENT SUGAR PRICE IS BELOW GUIDANCE EST; 05/04/2018 – COSAN: GUILHERME LELIS BERNARDO MACHADO TO BE COMGAS CFO, IR

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on March, 6. They expect $1.65 earnings per share, up 16.20% or $0.23 from last year’s $1.42 per share. COST’s profit will be $726.81 million for 31.90 P/E if the $1.65 EPS becomes a reality. After $1.61 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 2.48% EPS growth.

Barometer Capital Management Inc, which manages about $2.58B and $1.29 billion US Long portfolio, upped its stake in Centene Corp (NYSE:CNC) by 47,220 shares to 110,520 shares, valued at $16.00 million in 2018Q3, according to the filing. It also increased its holding in Cheniere Energy Inc (NYSEMKT:LNG) by 51,340 shares in the quarter, for a total of 75,900 shares, and has risen its stake in Global X Fintech Etf.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Nasdaq.com which released: “Costco (COST) Lags Q1 Earnings Estimates – Nasdaq” on December 13, 2018, also Nasdaq.com with their article: “Novartis migraine drug not cost effective – U.K. price watchdog – Nasdaq” published on January 10, 2019, Nasdaq.com published: “VALE to Benefit From Increasing Demand Amid Cost Concerns – Nasdaq” on January 10, 2019. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “United Technologies Gains on Restructuring Moves, Costs High – Nasdaq” published on December 31, 2018 as well as Nasdaq.com‘s news article titled: “Shutdown Could Cost U.S. Economy $13 Billion a Month – Nasdaq” with publication date: January 10, 2019.

Among 33 analysts covering Costco Wholesale (NASDAQ:COST), 21 have Buy rating, 0 Sell and 12 Hold. Therefore 64% are positive. Costco Wholesale had 149 analyst reports since August 24, 2015 according to SRatingsIntel. The company was initiated on Friday, February 10 by Susquehanna. The firm has “Buy” rating given on Friday, December 15 by RBC Capital Markets. The company was maintained on Friday, January 5 by Tigress Financial. The rating was upgraded by Raymond James to “Outperform” on Monday, June 26. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, July 10. The stock has “Hold” rating by Guggenheim on Friday, December 15. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Hold” rating given on Friday, October 6 by BMO Capital Markets. On Wednesday, May 16 the stock rating was initiated by Loop Capital Markets with “Buy”. On Monday, December 3 the stock rating was downgraded by Citigroup to “Neutral”. The firm has “Market Perform” rating given on Friday, September 14 by Wells Fargo.

Investors sentiment is 1.11 in Q3 2018. Its the same as in 2018Q2. It is the same, as 34 investors sold COST shares while 432 reduced holdings. only 136 funds opened positions while 383 raised stakes. 298.17 million shares or 2.49% less from 305.79 million shares in 2018Q2 were reported. Swedbank owns 1.09% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1.04 million shares. Sfe Inv Counsel stated it has 2.12% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Cullen Frost Bankers Inc has invested 1.18% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Colonial Advisors reported 1.37% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Manitoba – Canada-based Great West Life Assurance Communication Can has invested 0.17% in Costco Wholesale Corporation (NASDAQ:COST). Intrust Bank & Trust Na reported 4,192 shares stake. Dorsey And Whitney Tru Lc holds 6,893 shares. Thrivent Financial For Lutherans holds 0.01% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 19,816 shares. Pennsylvania-based Janney Montgomery Scott Ltd Llc has invested 0.14% in Costco Wholesale Corporation (NASDAQ:COST). Moreover, Nuveen Asset Mngmt Ltd Co has 0.01% invested in Costco Wholesale Corporation (NASDAQ:COST) for 11,480 shares. National Bank & Trust Of Nova Scotia, Ontario – Canada-based fund reported 121,021 shares. Buckingham Asset Mngmt Lc stated it has 3,293 shares or 0.12% of all its holdings. Mckinley Carter Wealth Svcs invested 1.12% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Mount Lucas Mgmt Ltd Partnership holds 0.38% or 11,035 shares in its portfolio. Telemus holds 3,499 shares.

Since July 23, 2018, it had 0 insider buys, and 10 sales for $18.32 million activity. $3.29M worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Murphy James P. on Monday, July 23. LIBENSON RICHARD M sold $458,976 worth of stock. GALANTI RICHARD A sold $945,940 worth of stock. On Wednesday, January 2 the insider DECKER SUSAN L sold $151,495. The insider LAZARUS FRANZ E sold $5.22M. 6,600 shares were sold by Vachris Roland Michael, worth $1.49 million on Monday, October 15.

Among 4 analysts covering Cosan Limited (NYSE:CZZ), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Cosan Limited had 5 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was downgraded by J.P. Morgan on Tuesday, February 20 to “Hold”. JP Morgan maintained it with “Neutral” rating and $12.5 target in Tuesday, February 20 report. Bank of America downgraded Cosan Limited (NYSE:CZZ) rating on Monday, September 28. Bank of America has “Neutral” rating and $3.60 target. The firm has “Sell” rating by Zacks given on Tuesday, August 25. The rating was downgraded by Standpoint Research to “Hold” on Friday, October 7.

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart