Monetta Financial Services Has Trimmed Costco Whsl New (COST) Stake By $1.86 Million; Shorts at Live Nation Entertainment (LYV) Lowered By 0.81%

May 26, 2018 - By Ina Campbell

Costco Wholesale Corporation (NASDAQ:COST) Logo

Live Nation Entertainment Inc (NYSE:LYV) had a decrease of 0.81% in short interest. LYV’s SI was 13.64M shares in May as released by FINRA. Its down 0.81% from 13.75M shares previously. With 2.05M avg volume, 7 days are for Live Nation Entertainment Inc (NYSE:LYV)’s short sellers to cover LYV’s short positions. The SI to Live Nation Entertainment Inc’s float is 10.1%. The stock decreased 0.30% or $0.13 during the last trading session, reaching $43.37. About 682,651 shares traded. Live Nation Entertainment, Inc. (NYSE:LYV) has risen 41.79% since May 26, 2017 and is uptrending. It has outperformed by 30.24% the S&P500.

Monetta Financial Services Inc decreased Costco Whsl Corp New (COST) stake by 28.57% reported in 2017Q4 SEC filing. Monetta Financial Services Inc sold 10,000 shares as Costco Whsl Corp New (COST)’s stock declined 1.86%. The Monetta Financial Services Inc holds 25,000 shares with $4.66 million value, down from 35,000 last quarter. Costco Whsl Corp New now has $87.04B valuation. The stock decreased 0.27% or $0.53 during the last trading session, reaching $198.36. About 1.18M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 26, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

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) has “Buy” rating given on Friday, October 6 by Oppenheimer. The stock has “Equal-Weight” rating by Morgan Stanley on Friday, October 6. Jefferies maintained it with “Hold” rating and $162.0 target in Friday, October 6 report. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Neutral” rating by Citigroup on Friday, May 27. The firm has “Market Perform” rating given on Monday, July 10 by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, June 20 by Northcoast. The company was maintained on Monday, June 19 by Cowen & Co. The company was maintained on Thursday, December 10 by Argus Research. The firm has “Hold” rating by Wells Fargo given on Wednesday, July 5. The stock of Costco Wholesale Corporation (NASDAQ:COST) has “Neutral” rating given on Tuesday, November 3 by Northcoast.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on May, 31 after the close. They expect $1.67 EPS, up 19.29% or $0.27 from last year’s $1.4 per share. COST’s profit will be $732.83 million for 29.69 P/E if the $1.67 EPS becomes a reality. After $1.42 actual EPS reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 17.61% EPS growth.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “Stocks To Watch: Powerhouse CEOs In The Limelight” on May 26, 2018, also Benzinga.com with their article: “Holiday Weekend Ahead After Another Course Of Retail Earnings, Geopolitics” published on May 25, 2018, Nasdaq.com published: “Is the BJ’s IPO a Threat to Costco Wholesale Corporation?” on May 23, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “Report: Exploring Fundamental Drivers Behind Hyster-Yale Materials Handling, United Financial, Cadiz, Spark Energy …” published on May 25, 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.

Investors sentiment decreased to 0.98 in 2017 Q4. 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. 330 were reported by Goodman. Timber Hill Ltd Llc reported 18,416 shares or 0.22% of all its holdings. Moreover, Rocky Mountain Advisers Ltd Com has 0.03% invested in Costco Wholesale Corporation (NASDAQ:COST). Adirondack Tru has invested 0.26% in Costco Wholesale Corporation (NASDAQ:COST). Hartford Inv Mngmt invested in 0.33% or 94,387 shares. 598 are held by Baystate Wealth Mgmt Ltd Company. 1,530 are owned by Headinvest Limited Com. Smith Chas P And Assocs Pa Cpas reported 1,939 shares. Riverpoint Capital Mgmt Limited Com owns 2,328 shares. 93,897 were reported by Piedmont Investment Lc. Ims Mgmt owns 1,385 shares. Gulf Int Bank & Trust (Uk) owns 139,403 shares for 0.33% of their portfolio. Grantham Mayo Van Otterloo Com Limited Liability holds 1.38M shares. Cim Investment Mangement Incorporated has invested 0.67% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Dt Invest Prtnrs Limited Liability holds 0.03% or 1,125 shares in its portfolio.

Since December 18, 2017, it had 0 insider purchases, and 15 insider sales for $22.24 million activity. On Monday, March 12 MOULTON PAUL G sold $2.21M worth of Costco Wholesale Corporation (NASDAQ:COST) or 11,674 shares. Murphy James P. had sold 5,000 shares worth $937,421. Shares for $589,470 were sold by MEISENBACH JOHN W on Tuesday, May 1. Miller Russell D sold $2.41M worth of stock. Rose Timothy L. sold $966,000 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, December 18. $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) shares were sold by Vachris Roland Michael. GALANTI RICHARD A also sold $958,087 worth of Costco Wholesale Corporation (NASDAQ:COST) on Friday, December 22.

More notable recent Live Nation Entertainment, Inc. (NYSE:LYV) news were published by: Globenewswire.com which released: “DEADLINE ALERT: Shareholder Class Action Against Live Nation Entertainment, Inc. – LYV” on May 26, 2018, also Bizjournals.com with their article: “Exclusive: New live music, special events venue opens on site of old Ruby Skye dance club” published on May 24, 2018, Businesswire.com published: “LYV INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of …” on May 24, 2018. More interesting news about Live Nation Entertainment, Inc. (NYSE:LYV) were released by: Prnewswire.com and their article: “STOCK ALERT: Rosen Law Announces Filing of Securities Class Action Lawsuit Against Live Nation Entertainment, Inc …” published on May 21, 2018 as well as Prnewswire.com‘s news article titled: “Platinum Selling Artist Drake Announces ‘Aubrey And The Three Amigos Tour’ Kicking Off This Summer With Special …” with publication date: May 14, 2018.

Among 14 analysts covering Live Nation (NYSE:LYV), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Live Nation had 27 analyst reports since September 18, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Tuesday, November 8 by Stephens. The rating was initiated by BTIG Research on Tuesday, March 29 with “Neutral”. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) earned “Buy” rating by Jefferies on Monday, October 16. Jefferies maintained the stock with “Buy” rating in Monday, September 11 report. The stock of Live Nation Entertainment, Inc. (NYSE:LYV) earned “Buy” rating by Citigroup on Thursday, October 8. The firm earned “Overweight” rating on Friday, October 30 by Albert Fried. The firm has “Neutral” rating given on Monday, June 19 by Northcoast. The firm has “Buy” rating given on Wednesday, January 10 by Guggenheim. The company was downgraded on Monday, November 20 by Evercore. On Wednesday, October 12 the stock rating was maintained by Citigroup with “Buy”.

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.39, from 1.54 in 2017Q3. It dived, as 41 investors sold Live Nation Entertainment, Inc. shares while 99 reduced holdings. 63 funds opened positions while 98 raised stakes. 136.81 million shares or 1.26% more from 135.10 million shares in 2017Q3 were reported. Asset Management One Company holds 0.02% or 212,220 shares in its portfolio. Alpine Woods Cap Invsts Limited Liability accumulated 0.01% or 6,777 shares. Gam Hldgs Ag has 0.03% invested in Live Nation Entertainment, Inc. (NYSE:LYV) for 26,496 shares. Riverhead Cap Mngmt Ltd Liability Corp invested in 0.02% or 13,543 shares. Aqr Capital Management Limited Company holds 0.01% or 115,695 shares. Axel Capital Management Lc holds 3.51% or 84,000 shares. Ls Invest Advsr Limited Liability reported 0.04% in Live Nation Entertainment, Inc. (NYSE:LYV). 330,513 are owned by Ubs Asset Mgmt Americas Inc. State Bank Of America Corp De accumulated 0.01% or 1.78M shares. Envestnet Asset Mgmt Inc holds 0% or 22,691 shares. Andra Ap holds 69,800 shares. Cornerstone Capital Limited Liability Corporation owns 667,992 shares for 0.2% of their portfolio. Mutual Of America Capital Mngmt Ltd Co invested in 0.07% or 111,168 shares. Blackrock reported 12.25M shares. Creative Planning stated it has 14,495 shares.

Live Nation Entertainment, Inc. (NYSE:LYV) Institutional Positions Chart

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