Boston Advisors Has Boosted Its Costco Whsl New Com (COST) Holding; Wellcare Health Plans (WCG) Sentiment Is 1.13

May 21, 2018 - By Ellis Scott

Costco Wholesale Corporation (NASDAQ:COST) Logo

Wellcare Health Plans Inc (WCG) investors sentiment decreased to 1.13 in Q4 2017. It’s down -0.02, from 1.15 in 2017Q3. The ratio dived, as 149 active investment managers opened new or increased positions, while 132 sold and decreased equity positions in Wellcare Health Plans Inc. The active investment managers in our database now hold: 42.30 million shares, down from 43.53 million shares in 2017Q3. Also, the number of active investment managers holding Wellcare Health Plans Inc in top ten positions decreased from 4 to 2 for a decrease of 2. Sold All: 16 Reduced: 116 Increased: 89 New Position: 60.

Boston Advisors Llc increased Costco Whsl Corp New Com (COST) stake by 6.9% reported in 2017Q4 SEC filing. Boston Advisors Llc acquired 13,376 shares as Costco Whsl Corp New Com (COST)’s stock declined 1.86%. The Boston Advisors Llc holds 207,301 shares with $38.58M value, up from 193,925 last quarter. Costco Whsl Corp New Com now has $87.31B valuation. The stock decreased 0.32% or $0.64 during the last trading session, reaching $198.96. About 1.25M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since May 21, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Investorplace.com which released: “A Cost-Saving Breakout Strategy for Costco Wholesale Corporation” on May 18, 2018, also Finance.Yahoo.com with their article: “Trade of the Day: Costco Wholesale Corporation Leads the Breakout” published on May 17, 2018, 247Wallst.com published: “Volvo Offers Employee New Car Pricing to Costco Members” on May 04, 2018. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Globenewswire.com and their article: “Costco Wholesale Corporation Reports April Sales Results” published on May 10, 2018 as well as Investorplace.com‘s news article titled: “Is Prime Really Beating Costco Wholesale Corporation?” with publication date: April 24, 2018.

Since December 18, 2017, it had 0 insider purchases, and 15 sales for $22.24 million activity. Another trade for 12,000 shares valued at $2.21M was made by Rose Timothy L. on Thursday, March 22. MOULTON PAUL G also sold $2.21 million worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, March 12. On Monday, January 8 Hines Daniel M. sold $943,080 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares. MEISENBACH JOHN W also sold $573,930 worth of Costco Wholesale Corporation (NASDAQ:COST) on Thursday, March 1. Miller Russell D sold $2.41 million worth of stock or 12,393 shares. LIBENSON RICHARD M sold 20,000 shares worth $3.86 million. The insider GALANTI RICHARD A sold 5,000 shares worth $958,087.

Investors sentiment decreased to 0.98 in Q4 2017. 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. Brown Advisory Secs Ltd Llc stated it has 0.41% in Costco Wholesale Corporation (NASDAQ:COST). Salem Incorporated owns 0.95% invested in Costco Wholesale Corporation (NASDAQ:COST) for 10,045 shares. Alpha Windward Limited Liability Corp holds 0.13% or 1,176 shares. Wasatch Advsr invested 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Winfield Associate has 125 shares. Virtu Lc invested 0.08% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Cape Cod Five Cents National Bank & Trust reported 21,309 shares stake. Btim reported 516,412 shares. 39,088 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt. American Century Cos invested 0.34% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Moreover, Cypress Asset Mngmt Tx has 0.51% invested in Costco Wholesale Corporation (NASDAQ:COST). 9,847 are held by Btr Mgmt. 16,349 were accumulated by Benjamin F Edwards And Incorporated. Advisor Prns Lc has invested 0.39% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Quebec – Canada-based Pub Sector Pension Investment Board has invested 0.03% in Costco Wholesale Corporation (NASDAQ:COST).

Boston Advisors Llc decreased Restaurant Brands Intl Inc Com stake by 168,642 shares to 18,708 valued at $1.15M in 2017Q4. It also reduced General Mtrs Co Com (NYSE:GM) stake by 58,009 shares and now owns 456,472 shares. Aetna Inc New Com (NYSE:AET) was reduced too.

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 has “Buy” rating by Susquehanna on Thursday, April 12. The company was maintained on Monday, December 5 by Deutsche Bank. Oppenheimer maintained Costco Wholesale Corporation (NASDAQ:COST) on Thursday, August 31 with “Buy” rating. On Friday, February 5 the stock rating was maintained by BMO Capital Markets with “Outperform”. The firm has “Outperform” rating given on Friday, February 12 by Oppenheimer. The firm has “Buy” rating given on Friday, July 21 by Cowen & Co. Jefferies maintained it with “Hold” rating and $16800 target in Monday, July 17 report. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Outperform” rating by Telsey Advisory Group on Thursday, January 5. The rating was maintained by Wells Fargo on Thursday, August 3 with “Hold”. Raymond James upgraded Costco Wholesale Corporation (NASDAQ:COST) on Monday, June 26 to “Outperform” rating.

Analysts await WellCare Health Plans, Inc. (NYSE:WCG) to report earnings on August, 3. They expect $3.00 earnings per share, up 19.05% or $0.48 from last year’s $2.52 per share. WCG’s profit will be $134.27 million for 18.16 P/E if the $3.00 EPS becomes a reality. After $2.47 actual earnings per share reported by WellCare Health Plans, Inc. for the previous quarter, Wall Street now forecasts 21.46% EPS growth.

Ratings analysis reveals 33% of WellCare’s analysts are positive. Out of 6 Wall Street analysts rating WellCare, 2 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $147.0 while the high is $168.0. The stock’s average target of $157.50 is -27.72% below today’s ($217.89) share price. WCG was included in 6 notes of analysts from November 10, 2016. Goldman Sachs downgraded the shares of WCG in report on Tuesday, December 13 to “Neutral” rating. As per Friday, November 11, the company rating was upgraded by Credit Suisse. On Wednesday, January 4 the stock rating was initiated by Piper Jaffray with “Overweight”. The rating was initiated by Deutsche Bank with “Buy” on Wednesday, April 5. The company was downgraded on Thursday, November 10 by JP Morgan. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, January 4.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs. The company has market cap of $9.75 billion. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs. It has a 26.22 P/E ratio. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state programs, such as children's health insurance programs for qualifying families who are not eligible for Medicaid, as well as managed long-term care programs for people with chronic illnesses or who have disabilities and need health and long-term care services.

The stock decreased 0.14% or $0.31 during the last trading session, reaching $217.89. About 243,626 shares traded. WellCare Health Plans, Inc. (WCG) has risen 36.99% since May 21, 2017 and is uptrending. It has outperformed by 25.44% the S&P500.

More notable recent WellCare Health Plans, Inc. (NYSE:WCG) news were published by: Seekingalpha.com which released: “WellCare Health Plans (WCG) Q1 2018 Results – Earnings Call Transcript” on May 01, 2018, also Prnewswire.com with their article: “WellCare Announces Appearance At Investor Conference” published on May 08, 2018, Streetinsider.com published: “Aetna (AET) Trump Proposal Unlikely To Impact Managed Care – Cantor Fitzgerald” on May 14, 2018. More interesting news about WellCare Health Plans, Inc. (NYSE:WCG) were released by: Bizjournals.com and their article: “How Tampa Bay’s startup community compares to the rest of the world” published on May 07, 2018 as well as Bizjournals.com‘s news article titled: “Why Kiran Patel is backing a Tampa company developing cancer treatments” with publication date: May 02, 2018.

WellCare Health Plans, Inc. (NYSE:WCG) Institutional Positions Chart

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