Oracle (ORCL) Holder Black Creek Investment Management Boosted Position by $42.20 Million as Shares Declined; Adams Express Company Position in Costco Wholesale (COST) Increased by $6.08 Million as Stock Value Declined

April 17, 2018 - By Henry Gaston

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Adams Express Company increased its stake in Costco Wholesale Corporation (COST) by 72.35% based on its latest 2017Q4 regulatory filing with the SEC. Adams Express Company bought 32,700 shares as the company’s stock declined 1.86% with the market. The institutional investor held 77,900 shares of the department and specialty retail stores company at the end of 2017Q4, valued at $14.50 million, up from 45,200 at the end of the previous reported quarter. Adams Express Company who had been investing in Costco Wholesale Corporation for a number of months, seems to be bullish on the $85.99 billion market cap company. The stock increased 0.71% or $1.38 during the last trading session, reaching $195.96. About 595,523 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 14.69% since April 17, 2017 and is uptrending. It has outperformed by 3.14% the S&P500.

Black Creek Investment Management Inc increased its stake in Oracle Corp (ORCL) by 18.59% based on its latest 2017Q4 regulatory filing with the SEC. Black Creek Investment Management Inc bought 897,827 shares as the company’s stock declined 4.18% with the market. The institutional investor held 5.73M shares of the prepackaged software company at the end of 2017Q4, valued at $270.82M, up from 4.83M at the end of the previous reported quarter. Black Creek Investment Management Inc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $190.28B market cap company. The stock increased 1.22% or $0.5612 during the last trading session, reaching $46.6112. About 1.99M shares traded. Oracle Corporation (NYSE:ORCL) has risen 1.20% since April 17, 2017 and is uptrending. It has underperformed by 10.35% the S&P500.

Among 42 analysts covering Oracle (NYSE:ORCL), 27 have Buy rating, 0 Sell and 15 Hold. Therefore 64% are positive. Oracle had 115 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was upgraded by SunTrust to “Buy” on Wednesday, September 16. The stock of Oracle Corporation (NYSE:ORCL) has “Neutral” rating given on Tuesday, March 20 by Bank of America. The stock of Oracle Corporation (NYSE:ORCL) earned “Buy” rating by UBS on Thursday, December 17. UBS maintained Oracle Corporation (NYSE:ORCL) on Friday, September 15 with “Buy” rating. The stock has “Buy” rating by UBS on Wednesday, March 16. The rating was upgraded by JP Morgan on Wednesday, June 29 to “Neutral”. Stifel Nicolaus maintained the shares of ORCL in report on Sunday, September 10 with “Buy” rating. On Thursday, June 22 the stock rating was maintained by Rosenblatt with “Buy”. The rating was maintained by Oppenheimer with “Hold” on Thursday, June 22. BMO Capital Markets initiated the shares of ORCL in report on Friday, January 8 with “Market Perform” rating.

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.02, from 1.13 in 2017Q3. It increased, as 80 investors sold ORCL shares while 488 reduced holdings. 126 funds opened positions while 526 raised stakes. 2.29 billion shares or 1.37% less from 2.32 billion shares in 2017Q3 were reported. 51,483 are held by First Mercantile Trust. Optimum Investment Advsrs stated it has 0.47% of its portfolio in Oracle Corporation (NYSE:ORCL). Mirae Asset Glob Investments Co holds 0.1% or 161,698 shares in its portfolio. Sg Americas Ltd Liability Co holds 0.21% or 480,019 shares in its portfolio. Harvey Mgmt Inc invested 3.35% of its portfolio in Oracle Corporation (NYSE:ORCL). Marble Harbor Counsel Ltd Co holds 0.04% in Oracle Corporation (NYSE:ORCL) or 4,280 shares. Mitchell Capital Management owns 7,242 shares. Delta Asset Ltd Llc Tn owns 6,741 shares. Asset Mngmt One Com Limited holds 0.52% or 4.94 million shares in its portfolio. Tctc Hldgs Ltd holds 6,332 shares or 0.02% of its portfolio. Ami Inv Management accumulated 57,736 shares or 1.64% of the stock. Bollard Ltd reported 23,148 shares. Alyeska Invest Grp Inc Lp holds 63,465 shares or 0.03% of its portfolio. Benjamin F Edwards & Inc has 59,385 shares. Northern Capital Mngmt Lc, a Wisconsin-based fund reported 25,075 shares.

Black Creek Investment Management Inc, which manages about $2.97 billion and $2.66B US Long portfolio, decreased its stake in L Brands Inc (LTD) by 355,400 shares to 678,600 shares, valued at $40.87 million in 2017Q4, according to the filing. It also reduced its holding in Varex Imaging Corp by 188,000 shares in the quarter, leaving it with 1.13 million shares, and cut its stake in Akamai Technologies Inc (NASDAQ:AKAM).

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.21, from 1.19 in 2017Q3. It dropped, 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. Carnegie Cap Asset Management Ltd holds 8,277 shares. Bridges Inv Mngmt has invested 0.2% in Costco Wholesale Corporation (NASDAQ:COST). Capstone Fincl Advisors has invested 0.28% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Winslow Evans And Crocker Incorporated holds 19,142 shares. The California-based Fdx Advsr has invested 0.06% in Costco Wholesale Corporation (NASDAQ:COST). Boothbay Fund Limited Co holds 1,199 shares or 0.03% of its portfolio. Bahl And Gaynor invested in 0.01% or 3,714 shares. 2,871 were reported by Huntington Steele Limited. Chelsea Counsel invested 4.96% in Costco Wholesale Corporation (NASDAQ:COST). Boyd Watterson Asset Management Ltd Liability Co Oh reported 0.18% in Costco Wholesale Corporation (NASDAQ:COST). Westwood Group Inc invested in 3,977 shares or 0.01% of the stock. Synovus Financial holds 23,267 shares or 0.08% of its portfolio. Modera Wealth Mgmt Limited Liability holds 0.07% or 1,650 shares in its portfolio. Raymond James Tru Na holds 0.16% or 12,619 shares. Agf Investments holds 0.86% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 477,052 shares.

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 23 have Buy rating, 0 Sell and 9 Hold. Therefore 72% are positive. Costco Wholesale had 126 analyst reports since August 24, 2015 according to SRatingsIntel. Jefferies maintained the shares of COST in report on Friday, May 26 with “Hold” rating. The firm has “Buy” rating by RBC Capital Markets given on Thursday, September 14. The firm earned “Buy” rating on Friday, November 3 by Oppenheimer. The rating was initiated by RBC Capital Markets with “Outperform” on Tuesday, May 3. The firm has “Outperform” rating by Telsey Advisory Group given on Thursday, January 5. Citigroup initiated the shares of COST in report on Monday, November 9 with “Neutral” rating. The firm earned “Buy” rating on Thursday, January 4 by Stifel Nicolaus. The firm earned “Outperform” rating on Monday, June 26 by Raymond James. Deutsche Bank downgraded Costco Wholesale Corporation (NASDAQ:COST) on Monday, June 19 to “Hold” rating. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Friday, October 6.

Since October 20, 2017, it had 0 buys, and 17 sales for $24.18 million activity. $3.15M worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by Rose Timothy L.. LIBENSON RICHARD M also sold $3.86M worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, December 18. Vachris Roland Michael also sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, January 8. PORTERA JOSEPH P had sold 10,000 shares worth $1.93 million on Tuesday, October 24. Another trade for 3,000 shares valued at $560,730 was made by MEISENBACH JOHN W on Monday, April 2. $810,788 worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by ZOOK DENNIS R.

Oracle Corporation (NYSE:ORCL) Institutional Positions Chart

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