Sterling Capital Management Has Lowered Disney Walt Co Com (DIS) Stake as Stock Price Declined; Costco Whsl New (COST) Shareholder Northern Trust Has Trimmed Its Position

August 12, 2018 - By Matthew Richard

The Walt Disney Company (NYSE:DIS) Logo

Northern Trust Corp decreased its stake in Costco Whsl Corp New (COST) by 2.26% based on its latest 2018Q1 regulatory filing with the SEC. Northern Trust Corp sold 142,928 shares as the company’s stock rose 2.88% while stock markets declined. The institutional investor held 6.19M shares of the department and specialty retail stores company at the end of 2018Q1, valued at $1.17 billion, down from 6.33M at the end of the previous reported quarter. Northern Trust Corp who had been investing in Costco Whsl Corp New for a number of months, seems to be less bullish one the $96.62B market cap company. The stock increased 0.95% or $2.07 during the last trading session, reaching $220.31. About 2.34 million shares traded or 19.15% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 13.52% since August 12, 2017 and is uptrending. It has outperformed by 0.95% the S&P500.

Sterling Capital Management Llc decreased its stake in Disney Walt Co Com (DIS) by 8.57% based on its latest 2018Q1 regulatory filing with the SEC. Sterling Capital Management Llc sold 5,993 shares as the company’s stock declined 6.93% with the market. The institutional investor held 63,904 shares of the television services company at the end of 2018Q1, valued at $6.42M, down from 69,897 at the end of the previous reported quarter. Sterling Capital Management Llc who had been investing in Disney Walt Co Com for a number of months, seems to be less bullish one the $167.53B market cap company. The stock decreased 1.30% or $1.48 during the last trading session, reaching $112.68. About 5.74M shares traded. The Walt Disney Company (NYSE:DIS) has declined 4.73% since August 12, 2017 and is downtrending. It has underperformed by 17.30% the S&P500. Some Historical DIS News: 15/03/2018 – Sky agrees to share information relevant to Fox-Disney deal; 28/04/2018 – DISNEY: AVENGERS FINISHED WITH DOMESTIC OPENING DAY OF $106M; 08/05/2018 – Disney gains after earnings beat; 25/04/2018 – COMCAST CMCSA.O CEO SAYS OFFER IS NOW BINDING AND WELL ON ITS WAY TO REGULATORY APPROVAL; 16/05/2018 – Disney Considers Letting Pixar Co-Founder John Lasseter Return; 25/04/2018 – WALT DISNEY CO DIS.N : BMO RAISES TO MARKET PERFORM FROM UNDERPERFORM; 29/05/2018 – Robert Iger, chairman and chief executive of The Walt Disney Company, on the cancellation of ‘Roseanne’ on the company’s ABC network: “There was only one thing to do here, and that was the right thing; 08/03/2018 – New York Post: Disney shareholders reject CEO Iger’s pay plan; 08/03/2018 – Disney: Terms of Iger’s Extension in Best Interests of Company, Holders; 14/03/2018 – Disney announces strategic reorganization, effective immediately

Since February 26, 2018, it had 0 insider buys, and 3 selling transactions for $15.32 million activity. Another trade for 1,797 shares valued at $194,780 was sold by LEWIS AYLWIN B. 140,638 shares valued at $15.05 million were sold by BRAVERMAN ALAN N on Wednesday, July 11.

Among 40 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. The Walt Disney Company had 162 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Morgan Stanley given on Wednesday, June 21. The company was maintained on Monday, August 3 by RBC Capital Markets. The stock of The Walt Disney Company (NYSE:DIS) has “Equal-Weight” rating given on Friday, October 13 by Barclays Capital. The firm has “Buy” rating given on Thursday, August 6 by S&P Research. Macquarie Research upgraded The Walt Disney Company (NYSE:DIS) on Tuesday, January 2 to “Outperform” rating. The rating was maintained by Jefferies on Thursday, June 1 with “Hold”. The company was downgraded on Wednesday, August 5 by Jefferies. Morgan Stanley maintained The Walt Disney Company (NYSE:DIS) on Thursday, July 14 with “Equalweight” rating. Piper Jaffray maintained The Walt Disney Company (NYSE:DIS) rating on Friday, December 15. Piper Jaffray has “Buy” rating and $125.0 target. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Vetr on Thursday, August 6.

Investors sentiment increased to 1.04 in Q1 2018. Its up 0.14, from 0.9 in 2017Q4. It is positive, as 81 investors sold DIS shares while 615 reduced holdings. 121 funds opened positions while 606 raised stakes. 906.82 million shares or 1.20% more from 896.07 million shares in 2017Q4 were reported. Moreover, Community Bank Of Raymore has 0.13% invested in The Walt Disney Company (NYSE:DIS). Modera Wealth Management Ltd Liability owns 2,422 shares or 0.05% of their US portfolio. Balasa Dinverno & Foltz Ltd Com reported 0.4% of its portfolio in The Walt Disney Company (NYSE:DIS). Arizona State Retirement System holds 0.41% of its portfolio in The Walt Disney Company (NYSE:DIS) for 402,625 shares. Usa Fincl Portformulas invested in 0.17% or 7,197 shares. Palisades Hudson Asset Mngmt LP holds 3,298 shares. New Mexico Educational Retirement Board reported 0.55% stake. Heritage Investors Mgmt invested in 1.53% or 244,421 shares. Moreover, Capstone Fincl has 0.09% invested in The Walt Disney Company (NYSE:DIS) for 2,857 shares. Evercore Wealth Management Lc has invested 0.3% of its portfolio in The Walt Disney Company (NYSE:DIS). Birmingham Al holds 0.98% or 23,646 shares. Massmutual Trust Fsb Adv holds 0% in The Walt Disney Company (NYSE:DIS) or 17,502 shares. Birinyi Assoc Inc reported 6,393 shares. Nelson Roberts Investment Advisors Limited Com holds 0.6% of its portfolio in The Walt Disney Company (NYSE:DIS) for 22,956 shares. Polaris Greystone Group Inc Ltd Liability accumulated 0.04% or 4,737 shares.

Sterling Capital Management Llc, which manages about $45.64B and $10.62B US Long portfolio, upped its stake in Chemical Finl Corp Com (NASDAQ:CHFC) by 19,349 shares to 500,886 shares, valued at $27.39 million in 2018Q1, according to the filing. It also increased its holding in First Industrial Realty Tr (NYSE:FR) by 97,800 shares in the quarter, for a total of 792,800 shares, and has risen its stake in Caci International Inc (NYSE:CACI).

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: 247Wallst.com which released: “Disney, Snap, Roku and More Earnings Coming This Week” on August 05, 2018, also Seekingalpha.com with their article: “The Time To Buy Disney Is Now” published on August 07, 2018, Seekingalpha.com published: “Disney looks to rebuy ‘Star Wars’ TV rights from Turner” on August 02, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Fool.com and their article: “3 Things Disney Needs to Get Right Next Week” published on August 04, 2018 as well as Benzinga.com‘s news article titled: “Bank Of America’s 6 Takeaways From Disney’s Q3” with publication date: August 08, 2018.

Among 33 analysts covering Costco Wholesale (NASDAQ:COST), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. Costco Wholesale had 137 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Telsey Advisory Group with “Outperform” on Thursday, October 1. As per Thursday, December 3, the company rating was upgraded by Deutsche Bank. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, October 6. On Friday, December 15 the stock rating was maintained by Guggenheim with “Hold”. The rating was maintained by Citigroup on Friday, May 27 with “Neutral”. Cowen & Co maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Thursday, August 24. Cowen & Co has “Buy” rating and $180.0 target. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Buy” rating given on Friday, May 26 by Stifel Nicolaus. Stifel Nicolaus maintained the shares of COST in report on Wednesday, August 2 with “Buy” rating. Raymond James maintained the shares of COST in report on Tuesday, July 17 with “Outperform” rating. BMO Capital Markets maintained it with “Outperform” rating and $170 target in Friday, February 5 report.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on October, 4. They expect $2.29 earnings per share, up 10.10% or $0.21 from last year’s $2.08 per share. COST’s profit will be $1.00B for 24.05 P/E if the $2.29 EPS becomes a reality. After $1.70 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 34.71% EPS growth.

Investors sentiment decreased to 0.92 in 2018 Q1. Its down 0.06, from 0.98 in 2017Q4. It dived, as 62 investors sold COST shares while 440 reduced holdings. 92 funds opened positions while 371 raised stakes. 305.24 million shares or 0.97% less from 308.22 million shares in 2017Q4 were reported. Community National Bank Na reported 495 shares stake. Nippon Life Americas holds 0.49% or 31,530 shares in its portfolio. Hendley And holds 1,940 shares. Graybill Bartz Assocs Limited stated it has 12,467 shares. Menta Cap Limited Liability Company has 0.06% invested in Costco Wholesale Corporation (NASDAQ:COST). Smith Asset Management Ltd Partnership, a Texas-based fund reported 238,459 shares. State Of Tennessee Treasury Department reported 395,440 shares. 750 were accumulated by Thompson Siegel And Walmsley Limited Liability Corp. Nordea Investment Mgmt holds 0.01% or 22,925 shares. Blue Chip Prtnrs Inc holds 0.1% in Costco Wholesale Corporation (NASDAQ:COST) or 1,859 shares. Forward Ltd Llc stated it has 3,675 shares or 0.1% of all its holdings. Park Avenue Secs Limited Liability invested 0.11% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Stratos Wealth Prtnrs Limited owns 10,158 shares for 0.08% of their portfolio. Northstar Invest Advsr Limited holds 0.04% or 1,093 shares. Capital Fund Mgmt Sa has 32,779 shares for 0.04% of their portfolio.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “The No. 1 Reason To Buy Costco Stock” on July 25, 2018, also Seekingalpha.com with their article: “Consumer Edge updates on Costco” published on August 09, 2018, Seekingalpha.com published: “Costco Could Be ‘All Weather,’ But I Need A Better Entry Point” on August 08, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Seekingalpha.com and their article: “Costco Or Walmart For Dividends?” published on July 18, 2018 as well as Fool.com‘s news article titled: “Is Blue Apron a Value Play or a Falling Knife?” with publication date: August 11, 2018.

Since March 1, 2018, it had 0 buys, and 14 insider sales for $19.80 million activity. $512,970 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Rose Timothy L. on Wednesday, June 13. 3,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $586,350 were sold by MEISENBACH JOHN W. Another trade for 12,393 shares valued at $2.41M was sold by Miller Russell D. On Friday, June 15 the insider GALANTI RICHARD A sold $498,315. On Monday, June 18 MOULTON PAUL G sold $1.16M worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,585 shares. $1.43 million worth of Costco Wholesale Corporation (NASDAQ:COST) shares were sold by Hines Daniel M..

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart

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