Stock Yards Bank & Trust Co Has Trimmed Its Costco Wholesale (COST) Stake; Allegiant Travel Co (ALGT) Sentiment Is 0.8

February 19, 2018 - By Clifton Ray

Stock Yards Bank & Trust Co decreased Costco Wholesale Corp (COST) stake by 19.17% reported in 2017Q3 SEC filing. Stock Yards Bank & Trust Co sold 2,237 shares as Costco Wholesale Corp (COST)’s stock rose 1.54%. The Stock Yards Bank & Trust Co holds 9,433 shares with $1.55 million value, down from 11,670 last quarter. Costco Wholesale Corp now has $84.12B valuation. 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.

Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company has market cap of $2.66 billion. The firm offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. It has a 14 P/E ratio. As of February 1, 2017, it operated a fleet of 47 MD-80 aircraft, 34 Airbus A320 series aircraft, and 4 Boeing 757-200 aircraft provided services on 377 routes to 119 cities.

Rk Asset Management Llc holds 4.96% of its portfolio in Allegiant Travel Company for 43,215 shares. U S Global Investors Inc owns 34,630 shares or 1.68% of their US portfolio. Moreover, Capital Investment Services Of America Inc. has 1.52% invested in the company for 68,484 shares. The Utah-based Wasatch Advisors Inc has invested 1.23% in the stock. Midas Management Corp, a New York-based fund reported 15,482 shares.

The stock decreased 0.30% or $0.5 during the last trading session, reaching $167. About 80,724 shares traded. Allegiant Travel Company (ALGT) has risen 1.38% since February 19, 2017 and is uptrending. It has underperformed by 15.32% the S&P500.

Ratings analysis reveals 50% of Allegiant Travel’s analysts are positive. Out of 6 Wall Street analysts rating Allegiant Travel, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $152.0 while the high is $173.0. The stock’s average target of $163 is -2.40% below today’s ($167) share price. ALGT was included in 6 notes of analysts from September 23, 2016. Imperial Capital initiated it with “Outperform” rating and $164.0 target in Friday, October 7 report. The company was maintained on Wednesday, November 30 by Cowen & Co. The stock of Allegiant Travel Company (NASDAQ:ALGT) earned “Buy” rating by Citigroup on Friday, November 18. The firm has “Mkt Perform” rating by Raymond James given on Thursday, October 27. The stock of Allegiant Travel Company (NASDAQ:ALGT) has “Buy” rating given on Friday, September 23 by Buckingham Research. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, January 11.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $31.27 million activity.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.09, from 1.28 in 2017Q2. It worsened, 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. Birmingham Al owns 2,750 shares or 0.18% of their US portfolio. Pictet Bank & Trust Trust Limited has 0.55% invested in Costco Wholesale Corporation (NASDAQ:COST) for 11,220 shares. Bragg Inc holds 22,033 shares. New York-based Virtu Fincl has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Ghp Inv Advsr holds 0.4% in Costco Wholesale Corporation (NASDAQ:COST) or 15,911 shares. Adams Diversified Equity Fund Inc has 0.4% invested in Costco Wholesale Corporation (NASDAQ:COST) for 45,200 shares. The Washington-based Perkins Coie Tru Co has invested 0.3% in Costco Wholesale Corporation (NASDAQ:COST). 1.93 million are held by Price T Rowe Associates Incorporated Md. Palladium Partners has invested 0.08% in Costco Wholesale Corporation (NASDAQ:COST). Fiduciary Tru owns 8,851 shares for 0.04% of their portfolio. Texan Cap Mgmt stated it has 2.47% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 3,689 are owned by Rdl Financial. Cornerstone Inc accumulated 22,000 shares or 0.42% of the stock. Comm State Bank holds 186,445 shares or 0.42% of its portfolio. Gsa Capital Partners Limited Liability Partnership holds 0.01% or 1,315 shares.

Stock Yards Bank & Trust Co increased Visa Inc (NYSE:V) stake by 9,142 shares to 192,993 valued at $20.31M in 2017Q3. It also upped Blackrock Inc (NYSE:BLK) stake by 1,487 shares and now owns 40,835 shares. Abbott Laboratories (NYSE:ABT) was raised too.

Since September 1, 2017, it had 0 buys, and 16 sales for $22.37 million activity. The insider MOULTON PAUL G sold 6,985 shares worth $1.31 million. 10,000 shares were sold by PORTERA JOSEPH P, worth $1.93 million. 5,000 shares valued at $802,892 were sold by GALANTI RICHARD A on Friday, October 20. $164,920 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by MEISENBACH JOHN W. ZOOK DENNIS R also sold $810,788 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Vachris Roland Michael also sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, January 8. Shares for $943,080 were sold by Hines Daniel M..

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on March, 1. They expect $1.42 EPS, 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 EPS reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 4.41% EPS growth.

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