Cullinan Associates Position in Costco Wholesale (COST) Trimmed by $345,100; Phocas Financial Stake in Ring Energy (REI) Upped by $529,745 as Market Value Declined

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Cullinan Associates Inc decreased its stake in Costco Wholesale Corp (COST) by 59.23% based on its latest 2018Q4 regulatory filing with the SEC. Cullinan Associates Inc sold 1,700 shares as the company’s stock declined 5.18% while stock markets rallied. The institutional investor held 1,170 shares of the department and specialty retail stores company at the end of 2018Q4, valued at $238,000, down from 2,870 at the end of the previous reported quarter. Cullinan Associates Inc who had been investing in Costco Wholesale Corp for a number of months, seems to be less bullish one the $102.97 billion market cap company. The stock decreased 0.99% or $2.35 during the last trading session, reaching $234.03. About 656,375 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 15.54% since March 14, 2018 and is uptrending. It has outperformed by 11.17% the S&P500. Some Historical COST News: 19/04/2018 – National Business Group on Health Recognizes Costco Wholesale Corporation with 2018 Helen Darling Award for Excellence in Healt; 09/05/2018 – Costco Wholesale Corporation Reports April Sales Results; 03/05/2018 – Blue Apron Sells Meal Kits at Costco; 20/04/2018 – DJ Costco Wholesale Corporation, Inst Holders, 1Q 2018 (COST); 24/04/2018 – Costco Wholesale Corp Announces an Increase in Its Qtrly Cash Div; 06/04/2018 – China trade dispute could slam U.S. retailers; 19/03/2018 – Whole Foods calls supplier summit amid Amazon angst; 06/04/2018 – Dutch Fund Sells Apple, Microsoft, Costco, AT&T — Barrons.com; 29/05/2018 – CITIGROUP CONSUMER CHIEF BIRD SAYS WILL PROMOTE NEW DIGITAL BANK ACCOUNTS NATIONALLY TO HOLDERS OF DOUBLE CASH CREDIT CARD, AND CO-BRAND AMERICAN AIRLINES, COSTCO CREDIT CARDS; 16/05/2018 – As Skin-Baring Season Dawns, SeroVital’s hGH Booster Becomes Easier to Find Through National Costco Distribution

Phocas Financial Corp increased its stake in Ring Energy Inc. (REI) by 8.23% based on its latest 2018Q4 regulatory filing with the SEC. Phocas Financial Corp bought 105,949 shares as the company’s stock declined 12.38% while stock markets rallied. The institutional investor held 1.39M shares of the energy company at the end of 2018Q4, valued at $7.08M, up from 1.29M at the end of the previous reported quarter. Phocas Financial Corp who had been investing in Ring Energy Inc. for a number of months, seems to be bullish on the $379.83 million market cap company. The stock increased 0.17% or $0.01 during the last trading session, reaching $6.01. About 77,209 shares traded. Ring Energy, Inc. (NYSEMKT:REI) has declined 54.25% since March 14, 2018 and is downtrending. It has underperformed by 58.62% the S&P500. Some Historical REI News: 17/04/2018 – Ring Energy On Track to Drill 60 New Horizontal Wells This Year; 09/05/2018 – Peter B Cannell & Company Buys New 3.2% Position in Ring Energy; 08/05/2018 – Thrivent Financial For Lutherans Buys 1.2% of Ring Energy; 25/05/2018 – Ring Energy Closes Below 200-Day Moving Average: Technicals; 08/05/2018 – Ring Energy 1Q EPS 10c; 15/03/2018 Ring Energy 4Q Loss/Shr 8c; 23/05/2018 – Ring Energy Closes Below 50-Day Moving Average: Technicals; 15/03/2018 – Ring Energy 4Q Adj EPS 9c; 22/04/2018 – DJ Ring Energy Inc, Inst Holders, 1Q 2018 (REI); 17/04/2018 – Ring Energy Releases 1Q 2018 Ops Update

Cullinan Associates Inc, which manages about $1.27 billion and $1.21 billion US Long portfolio, upped its stake in Cboe Holdings Inc (NASDAQ:CBOE) by 15,225 shares to 19,925 shares, valued at $1.95 million in 2018Q4, according to the filing. It also increased its holding in Biogen Idec (NASDAQ:BIIB) by 5,820 shares in the quarter, for a total of 17,647 shares, and has risen its stake in General Mills (NYSE:GIS).

Investors sentiment decreased to 1.04 in Q4 2018. Its down 0.07, from 1.11 in 2018Q3. It fall, as 70 investors sold COST shares while 431 reduced holdings. 121 funds opened positions while 400 raised stakes. 336.90 million shares or 12.99% more from 298.17 million shares in 2018Q3 were reported. North Point Portfolio Managers Oh holds 67,796 shares. State Of Alaska Department Of Revenue stated it has 0.28% in Costco Wholesale Corporation (NASDAQ:COST). Orleans Cap Management La holds 2.79% or 14,665 shares in its portfolio. Maple Mgmt has invested 2.66% in Costco Wholesale Corporation (NASDAQ:COST). Shell Asset Management accumulated 55,753 shares. Meiji Yasuda Life Com, a Japan-based fund reported 8,194 shares. Smith Chas P Associate Pa Cpas holds 0.05% or 1,764 shares in its portfolio. Lombard Odier Asset Management (Europe) Ltd reported 4,445 shares or 0.08% of all its holdings. Mastrapasqua Asset Management Inc owns 32,915 shares for 1.49% of their portfolio. Spinnaker has 0.04% invested in Costco Wholesale Corporation (NASDAQ:COST). South Texas Money Limited owns 34,255 shares for 0.33% of their portfolio. Somerset Tru has 1.54% invested in Costco Wholesale Corporation (NASDAQ:COST). Nomura Holding accumulated 8,854 shares. Tower Research Cap Limited Co (Trc) invested in 0.2% or 13,610 shares. S&Co Inc invested in 0.12% or 4,715 shares.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Nasdaq.com which released: “What to Expect from Costco (COST) Earnings as E-Commerce Expands – Nasdaq” on March 01, 2019, also Nasdaq.com with their article: “American Public Education’s (APEI) Q4 Earnings Top Estimates – Nasdaq” published on March 13, 2019, Nasdaq.com published: “Higher Costs Hurt Hilltop Holdings’ Profits: Time to Sell? – Nasdaq” on March 05, 2019. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Nasdaq.com and their article: “Want to Be Self-Employed? These 2 “Hidden Taxes” Will Cost You Thousands – Nasdaq” published on March 10, 2019 as well as Nasdaq.com‘s news article titled: “Stock Market Today: National Beverage Loses Its Fizz – Nasdaq” with publication date: March 08, 2019.

Since October 1, 2018, it had 0 insider buys, and 8 selling transactions for $14.33 million activity. MEISENBACH JOHN W also sold $707,430 worth of Costco Wholesale Corporation (NASDAQ:COST) shares. Shares for $151,495 were sold by DECKER SUSAN L. The insider LAZARUS FRANZ E sold 23,000 shares worth $5.22M. Vachris Roland Michael sold $1.49 million worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, October 15. $5.03 million worth of Costco Wholesale Corporation (NASDAQ:COST) was sold by JELINEK W CRAIG on Monday, October 29. GALANTI RICHARD A sold $945,940 worth of stock.

Phocas Financial Corp, which manages about $1.01 billion and $896.48M US Long portfolio, decreased its stake in Cbiz Inc (NYSE:CBZ) by 19,119 shares to 805,509 shares, valued at $15.87 million in 2018Q4, according to the filing. It also reduced its holding in Cno Financial Inc by 204,258 shares in the quarter, leaving it with 256,081 shares, and cut its stake in Vornado Realty Trust (NYSE:VNO).

Costco Wholesale Corporation (NASDAQ:COST) Institutional Positions Chart