Douglass Winthrop Advisors Lifted Costco Whsl New (COST) Position by $4.66 Million; Globeflex Capital LP Has Lowered Holding in Owens Corning New (OC) as Stock Value Rose

February 20, 2018 - By Adrian Erickson

Douglass Winthrop Advisors Llc increased its stake in Costco Whsl Corp New (COST) by 14.38% based on its latest 2017Q3 regulatory filing with the SEC. Douglass Winthrop Advisors Llc bought 28,431 shares as the company’s stock rose 1.54% with the market. The institutional investor held 226,139 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $37.15M, up from 197,708 at the end of the previous reported quarter. Douglass Winthrop Advisors Llc who had been investing in Costco Whsl Corp New for a number of months, seems to be bullish on the $82.59B market cap company. The stock decreased 1.81% or $3.465 during the last trading session, reaching $188.095. About 1.31M shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since February 20, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Globeflex Capital LP decreased its stake in Owens Corning New (OC) by 53.62% based on its latest 2017Q3 regulatory filing with the SEC. Globeflex Capital LP sold 17,096 shares as the company’s stock rose 7.09% with the market. The institutional investor held 14,787 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.14 million, down from 31,883 at the end of the previous reported quarter. Globeflex Capital LP who had been investing in Owens Corning New for a number of months, seems to be less bullish one the $9.67B market cap company. The stock decreased 0.55% or $0.48 during the last trading session, reaching $86.96. About 681,469 shares traded. Owens Corning (NYSE:OC) has risen 23.07% since February 20, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.




Among 25 analysts covering Owens Corning (NYSE:OC), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. Owens Corning had 75 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 13 by Jefferies. The stock of Owens Corning (NYSE:OC) has “Neutral” rating given on Tuesday, June 20 by Macquarie Research. Barclays Capital maintained the shares of OC in report on Wednesday, June 28 with “Hold” rating. The company was maintained on Tuesday, November 14 by RBC Capital Markets. On Thursday, January 11 the stock rating was upgraded by Seaport Global to “Buy”. The stock of Owens Corning (NYSE:OC) has “Mkt Perform” rating given on Friday, April 28 by FBR Capital. The stock of Owens Corning (NYSE:OC) earned “Equal-Weight” rating by Barclays Capital on Thursday, October 26. Suntrust Robinson downgraded Owens Corning (NYSE:OC) on Thursday, October 22 to “Neutral” rating. The rating was reinitiated by Bank of America on Friday, September 23 with “Neutral”. The stock of Owens Corning (NYSE:OC) earned “Buy” rating by RBC Capital Markets on Monday, June 19.

Globeflex Capital L P, which manages about $3.98B and $351.17 million US Long portfolio, upped its stake in Ultra Clean Hldgs Inc (NASDAQ:UCTT) by 43,400 shares to 48,231 shares, valued at $1.48M in 2017Q3, according to the filing. It also increased its holding in Endo International Ord (NASDAQ:ENDP) by 79,637 shares in the quarter, for a total of 114,967 shares, and has risen its stake in Masco Corp (NYSE:MAS).

Investors sentiment increased to 1.26 in 2017 Q3. Its up 0.32, from 0.94 in 2017Q2. It is positive, as 29 investors sold OC shares while 115 reduced holdings. 61 funds opened positions while 120 raised stakes. 101.20 million shares or 1.31% less from 102.55 million shares in 2017Q2 were reported. 51,540 are held by Gargoyle Investment Advisor Llc. Schroder Inv Group holds 0.16% of its portfolio in Owens Corning (NYSE:OC) for 1.18M shares. Guggenheim Limited Liability Company has invested 0.01% of its portfolio in Owens Corning (NYSE:OC). Brinker Capital stated it has 0.04% of its portfolio in Owens Corning (NYSE:OC). Massachusetts Financial Svcs Ma holds 3.78 million shares. Glenmede Na accumulated 71,943 shares or 0.02% of the stock. Fifth Third National Bank & Trust holds 181,231 shares or 0.1% of its portfolio. First Eagle Invest Lc holds 0.03% or 176,000 shares. Allsquare Wealth Lc reported 0.03% in Owens Corning (NYSE:OC). Dekabank Deutsche Girozentrale reported 6,344 shares. Paloma Partners Management holds 0.03% of its portfolio in Owens Corning (NYSE:OC) for 25,789 shares. Loomis Sayles And Company LP reported 12,528 shares or 0% of all its holdings. Penn Mgmt reported 20,655 shares. California-based Aperio Gp Ltd Liability Corp has invested 0.05% in Owens Corning (NYSE:OC). Alyeska Invest Grp LP holds 24,308 shares.

Since August 25, 2017, it had 0 insider buys, and 6 selling transactions for $14.53 million activity. Shares for $1.07 million were sold by McMurray Michael C.. $424,500 worth of Owens Corning (NYSE:OC) was sold by Genis Arnaud on Monday, August 28. Shares for $198,567 were sold by Francis Julian on Friday, September 1. Another trade for 130,700 shares valued at $9.80M was sold by THAMAN MICHAEL H. $2.94M worth of stock was sold by SMITH DANIEL T on Monday, August 28.

Douglass Winthrop Advisors Llc, which manages about $1.72B US Long portfolio, decreased its stake in 21St Cent Fox Class A (NASDAQ:FOXA) by 21,147 shares to 11,488 shares, valued at $303,000 in 2017Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 3,357 shares in the quarter, leaving it with 449,000 shares, and cut its stake in Amgen Inc (NASDAQ:AMGN).

Investors sentiment decreased to 1.19 in 2017 Q3. 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. Gofen & Glossberg Limited Co Il holds 0.54% or 88,257 shares in its portfolio. American Group has 0.09% invested in Costco Wholesale Corporation (NASDAQ:COST) for 155,544 shares. Americafirst Capital Mngmt holds 0.35% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST) for 1,556 shares. Wendell David Assocs has 0.04% invested in Costco Wholesale Corporation (NASDAQ:COST). 72,907 are owned by Norinchukin Bancorporation The. 74,298 were accumulated by House Limited Liability Com. Cim Invest Mangement Incorporated invested in 10,716 shares or 0.64% of the stock. Hartford Inv Mngmt holds 0.3% or 95,558 shares. Blb&B Advsr Ltd accumulated 7,417 shares or 0.19% of the stock. Pggm Investments accumulated 238,511 shares. Delta Asset Tn reported 627 shares. Cypress Capital Group holds 0.12% in Costco Wholesale Corporation (NASDAQ:COST) or 3,300 shares. Fund Sa has 247,817 shares for 0.29% of their portfolio. Harvest Cap Mngmt accumulated 2,100 shares or 0.14% of the stock. Cap Investment Counsel holds 85,882 shares.

Since September 1, 2017, it had 0 insider purchases, and 16 insider sales for $22.37 million activity. 30,000 shares were sold by SINEGAL JAMES D, worth $5.76M on Tuesday, September 19. Shares for $3.86 million were sold by LIBENSON RICHARD M on Monday, December 18. Vachris Roland Michael sold $977,510 worth of Costco Wholesale Corporation (NASDAQ:COST) on Monday, January 8. The insider GALANTI RICHARD A sold 5,000 shares worth $802,892. ZOOK DENNIS R had sold 5,000 shares worth $809,578 on Wednesday, October 4. Murphy James P. had sold 5,000 shares worth $937,421.

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. As per Thursday, December 3, the company rating was upgraded by Deutsche Bank. The rating was downgraded by Morgan Stanley on Friday, October 6 to “Equal-Weight”. UBS upgraded the shares of COST in report on Monday, October 26 to “Buy” rating. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Neutral” rating by Northcoast on Tuesday, November 3. The firm earned “Hold” rating on Friday, October 6 by Jefferies. Guggenheim maintained the stock with “Hold” rating in Wednesday, November 22 report. On Thursday, August 31 the stock rating was maintained by Oppenheimer with “Buy”. BMO Capital Markets maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Friday, October 6. BMO Capital Markets has “Hold” rating and $160.0 target. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Overweight” rating by JP Morgan on Monday, October 5. As per Monday, December 18, the company rating was upgraded by BMO Capital Markets.

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