Green Dot Cl A (GDOT) Valuation Rose While Jacobs Levy Equity Management Has Increased Holding by $1.35 Million; Tam Capital Management Has Trimmed Its Costco Whsl New (COST) Position by $1.16 Million as Stock Price Rose

February 19, 2018 - By Marguerite Chambers

Justin John Ferayorni decreased its stake in Costco Whsl Corp New (COST) by 25.83% based on its latest 2017Q3 regulatory filing with the SEC. Tam Capital Management Inc sold 7,085 shares as the company’s stock rose 1.54% with the market. The hedge fund run by Justin John Ferayorni held 20,348 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $3.34M, down from 27,433 at the end of the previous reported quarter. Tam Capital Management Inc who had been investing in Costco Whsl Corp New for a number of months, seems to be less bullish one the $84.12 billion market cap company. The stock increased 0.04% or $0.08 during the last trading session, reaching $191.56. About 1.97M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since February 19, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Jacobs Levy Equity Management Inc increased its stake in Green Dot Corp Cl A (GDOT) by 13.44% based on its latest 2017Q3 regulatory filing with the SEC. Jacobs Levy Equity Management Inc bought 27,573 shares as the company’s stock rose 33.10% with the market. The institutional investor held 232,783 shares of the consumer services company at the end of 2017Q3, valued at $11.54M, up from 205,210 at the end of the previous reported quarter. Jacobs Levy Equity Management Inc who had been investing in Green Dot Corp Cl A for a number of months, seems to be bullish on the $2.99B market cap company. The stock increased 0.43% or $0.26 during the last trading session, reaching $60.44. About 319,931 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since February 19, 2017 and is uptrending. It has outperformed by 36.87% the S&P500.

Tam Capital Management Inc, which manages about $87.40 million and $68.28 million US Long portfolio, upped its stake in Altaba Inc by 83,635 shares to 499,594 shares, valued at $33.09M in 2017Q3, according to the filing.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on March, 1. They expect $1.42 earnings per share, up 21.37% or $0.25 from last year’s $1.17 per share. COST’s profit will be $623.53M for 33.73 P/E if the $1.42 EPS becomes a reality. After $1.36 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 4.41% EPS growth.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.09, from 1.28 in 2017Q2. It dropped, 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. Markel Corp stated it has 39,000 shares or 0.13% of all its holdings. 268,190 are owned by First Republic Investment Management Inc. Private Wealth Ltd stated it has 1.38% in Costco Wholesale Corporation (NASDAQ:COST). Agf Invs Inc holds 0.85% in Costco Wholesale Corporation (NASDAQ:COST) or 472,308 shares. Capital World Invsts invested 0.32% in Costco Wholesale Corporation (NASDAQ:COST). Johnson Counsel holds 12,225 shares or 0.05% of its portfolio. 11,760 are held by West Coast Financial. Belgium-based Kbc Grp Inc Nv has invested 0.09% in Costco Wholesale Corporation (NASDAQ:COST). Rdl Financial accumulated 3,689 shares. Mcmillion Capital Management reported 1.85% stake. Schwab Charles Inv Mgmt Inc accumulated 1.63M shares or 0.23% of the stock. Suntrust Banks invested 0.2% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 6,048 were accumulated by Ballentine Ptnrs Limited Liability. Trexquant Inv Lp holds 2,478 shares. Whittier Trust has invested 0.28% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST).

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale had 121 analyst reports since August 24, 2015 according to SRatingsIntel. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Robert W. Baird on Thursday, December 14. The rating was maintained by Stifel Nicolaus on Monday, September 18 with “Buy”. Robert W. Baird maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, August 25. Robert W. Baird has “Buy” rating and $200.0 target. The firm has “Buy” rating given on Thursday, January 4 by Stifel Nicolaus. The firm has “Outperform” rating by BMO Capital Markets given on Friday, April 7. The firm has “Buy” rating by UBS given on Thursday, August 31. The firm has “Buy” rating by Citigroup given on Monday, December 19. On Thursday, October 1 the stock rating was maintained by Telsey Advisory Group with “Outperform”. Guggenheim maintained the stock with “Hold” rating in Wednesday, November 22 report. Gordon Haskett upgraded the stock to “Buy” rating in Friday, January 12 report.

Since September 1, 2017, it had 0 insider buys, and 16 sales for $22.37 million activity. ZOOK DENNIS R sold $809,578 worth of stock or 5,000 shares. Another trade for 20,000 shares valued at $3.86M was made by LIBENSON RICHARD M on Monday, December 18. 5,000 shares were sold by Rose Timothy L., worth $966,000. 8,696 shares valued at $1.40 million were sold by MOULTON PAUL G on Friday, October 20. $5.76 million worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by SINEGAL JAMES D. $1.93 million worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by PORTERA JOSEPH P on Tuesday, October 24.

Among 18 analysts covering Green Dot (NYSE:GDOT), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Green Dot had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Green Dot Corporation (NYSE:GDOT) has “Buy” rating given on Tuesday, January 10 by Loop Capital. The rating was initiated by Guggenheim with “Buy” on Thursday, January 5. On Tuesday, January 17 the stock rating was upgraded by Citigroup to “Buy”. The firm earned “” rating on Friday, November 6 by Deutsche Bank. As per Friday, January 12, the company rating was maintained by Cowen & Co. On Wednesday, October 11 the stock rating was maintained by Cowen & Co with “Hold”. The company was upgraded on Tuesday, August 25 by Portales Partners. The rating was maintained by Cowen & Co on Tuesday, August 8 with “Hold”. The firm has “Hold” rating by Deutsche Bank given on Wednesday, November 8. The rating was maintained by Deutsche Bank with “Hold” on Thursday, February 25.

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.47, from 0.91 in 2017Q2. It improved, as 16 investors sold GDOT shares while 58 reduced holdings. 36 funds opened positions while 66 raised stakes. 39.20 million shares or 6.77% more from 36.72 million shares in 2017Q2 were reported. Tower Cap (Trc) holds 0.03% or 7,951 shares. 258,219 were accumulated by Thompson Siegel And Walmsley Limited Co. Stevens Cap Mngmt Limited Partnership reported 6,981 shares. Citigroup reported 26,771 shares or 0% of all its holdings. Texas Permanent School Fund reported 0.02% of its portfolio in Green Dot Corporation (NYSE:GDOT). Elk Creek Prtn Lc stated it has 270,318 shares. Rhumbline Advisers accumulated 89,392 shares. Acadian Asset Limited Liability Company has 45,293 shares for 0.01% of their portfolio. Ls Invest Advsrs Limited Co holds 0% in Green Dot Corporation (NYSE:GDOT) or 1,536 shares. Redwood Invests Lc holds 0.71% or 124,917 shares in its portfolio. Profund Advsrs Limited Liability Company accumulated 6,844 shares. Bancorp Of Mellon reported 0.02% stake. Ubs Asset Management Americas accumulated 25,533 shares. Cornerstone Cap Limited Liability Company has invested 0.04% in Green Dot Corporation (NYSE:GDOT). Friess Ltd Liability Company reported 91,411 shares.

Jacobs Levy Equity Management Inc, which manages about $10.42B and $5.14 billion US Long portfolio, decreased its stake in Union Bankshares Corp (NASDAQ:UBSH) by 12,510 shares to 58,141 shares, valued at $2.05M in 2017Q3, according to the filing. It also reduced its holding in Kroger Co (NYSE:KR) by 655,790 shares in the quarter, leaving it with 85,220 shares, and cut its stake in Centene Corp Del (NYSE:CNC).

Since August 22, 2017, it had 0 insider purchases, and 24 sales for $15.98 million activity. On Monday, December 11 the insider Shifke Mark L sold $399,053. $375,312 worth of stock was sold by Streit Steven W on Tuesday, August 22. $759,223 worth of Green Dot Corporation (NYSE:GDOT) shares were sold by Archer Kuan. Unruh Jess sold $780,018 worth of Green Dot Corporation (NYSE:GDOT) on Tuesday, January 2.

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