Addison Capital Company Has Increased Its Baker Hughes (BHI) Holding by $362,826; Shares Declined; Alkeon Capital Management Position in Costco Whsl New (COST) Has Trimmed by $15.58 Million

November 15, 2017 - By Hazel Jackson

Panayotis Takis Sparaggis decreased its stake in Costco Whsl Corp New (COST) by 19.31% based on its latest 2017Q2 regulatory filing with the SEC. Alkeon Capital Management Llc sold 97,990 shares as the company’s stock rose 1.54% with the market. The hedge fund run by Panayotis Takis Sparaggis held 409,372 shares of the department and specialty retail stores company at the end of 2017Q2, valued at $65.47 million, down from 507,362 at the end of the previous reported quarter. Alkeon Capital Management Llc who had been investing in Costco Whsl Corp New for a number of months, seems to be less bullish one the $74.92B market cap company. The stock declined 1.71% or $2.94 reaching $168.5 per share. About 19,229 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since November 15, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.

Addison Capital Company increased its stake in Baker Hughes Inc (BHI) by 22.2% based on its latest 2017Q2 regulatory filing with the SEC. Addison Capital Company bought 6,719 shares as the company’s stock declined 4.18% while stock markets rallied. The institutional investor held 36,991 shares of the metal fabrications company at the end of 2017Q2, valued at $2.02M, up from 30,272 at the end of the previous reported quarter. Addison Capital Company who had been investing in Baker Hughes Inc for a number of months, seems to be bullish on the $40.10 billion market cap company. It closed at $37.5 lastly. It is down 28.69% since November 15, 2016 and is uptrending. It has outperformed by 11.99% the S&P500.

Investors sentiment decreased to 0.78 in Q2 2017. Its down 0.13, from 0.91 in 2017Q1. It is negative, as 92 investors sold BHI shares while 188 reduced holdings. 58 funds opened positions while 159 raised stakes. 337.71 million shares or 11.77% less from 382.74 million shares in 2017Q1 were reported. Proshare Limited Com accumulated 0.06% or 114,526 shares. Godshalk Welsh Cap Management holds 0.21% of its portfolio in Baker Hughes A GE Co (NYSE:BHI) for 3,825 shares. Afam stated it has 0.58% in Baker Hughes A GE Co (NYSE:BHI). Wolverine Asset Mgmt, Illinois-based fund reported 11,327 shares. Retirement Of Alabama reported 0.14% stake. Moreover, Fulton Bancshares Na has 0.02% invested in Baker Hughes A GE Co (NYSE:BHI). Kanawha Capital Mngmt Lc holds 11,085 shares or 0.09% of its portfolio. 1.33 million were reported by Savings Bank Of America Corp De. Principal Group reported 647,121 shares stake. Northwestern Mutual Wealth Communication holds 906 shares or 0% of its portfolio. Phocas Financial reported 147 shares or 0% of all its holdings. Old Mutual Customised Solutions (Proprietary) Limited has 16,747 shares. Virginia Retirement Et Al stated it has 0.01% in Baker Hughes A GE Co (NYSE:BHI). Thornburg Investment Mgmt invested in 1.48 million shares or 0.61% of the stock. Gateway Inv Advisers Ltd Llc holds 262,285 shares.

More notable recent Baker Hughes A GE Co (NYSE:BHI) news were published by: Seekingalpha.com which released: “Has Baker Hughes, A GE Company Peaked?” on October 29, 2017, also Seekingalpha.com with their article: “Baker Hughes authorizes $3B share buyback” published on November 06, 2017, Chron.com published: “New Baker Hughes posts $104M loss under GE” on October 20, 2017. More interesting news about Baker Hughes A GE Co (NYSE:BHI) were released by: Cnbc.com and their article: “Continuous disruption is ‘new normal’ for oil and gas industry, Baker Hughes …” published on November 14, 2017 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Baker Hughes, A GE Company, NGL Energy Partners LP and …” with publication date: November 01, 2017.

Among 33 analysts covering Baker Hughes Incorporated (NYSE:BHI), 16 have Buy rating, 0 Sell and 17 Hold. Therefore 48% are positive. Baker Hughes Incorporated had 75 analyst reports since July 22, 2015 according to SRatingsIntel. Jefferies maintained Baker Hughes A GE Co (NYSE:BHI) rating on Wednesday, April 5. Jefferies has “Hold” rating and $72 target. The stock has “Buy” rating by DA Davidson on Friday, February 19. The company was upgraded on Thursday, December 3 by Seaport Global. The firm has “Sector Outperform” rating given on Thursday, October 27 by Howard Weil. The stock has “Hold” rating by SunTrust on Wednesday, January 18. The stock of Baker Hughes A GE Co (NYSE:BHI) earned “Buy” rating by Citigroup on Wednesday, August 31. As per Wednesday, January 4, the company rating was downgraded by Credit Suisse. The stock of Baker Hughes A GE Co (NYSE:BHI) has “Sector Outperform” rating given on Friday, July 29 by Howard Weil. Citigroup maintained the shares of BHI in report on Monday, October 5 with “Buy” rating. The firm earned “Buy” rating on Tuesday, August 9 by Argus Research.

Since June 5, 2017, it had 0 insider purchases, and 3 insider sales for $2.36 million activity. 5,000 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $906,598 were sold by Hines Daniel M.. McKay John D sold 3,000 shares worth $544,810.

More notable recent Costco Wholesale Corporation (NASDAQ:COST) news were published by: Seekingalpha.com which released: “Costco Has A Looming Cardboard Problem” on October 22, 2017, also Seekingalpha.com with their article: “Costco Remains An Above-Average Operation” published on November 08, 2017, Investorplace.com published: “Why Costco Wholesale Corporation Stock Will Go to $180” on November 02, 2017. More interesting news about Costco Wholesale Corporation (NASDAQ:COST) were released by: Globenewswire.com and their article: “Costco Wholesale Corporation Announces Quarterly Cash Dividend” published on October 30, 2017 as well as Seekingalpha.com‘s news article titled: “Costco Posts Great October Numbers” with publication date: November 06, 2017.

Investors sentiment increased to 1.28 in Q2 2017. Its up 0.40, from 0.88 in 2017Q1. It is positive, as 64 investors sold COST shares while 376 reduced holdings. 123 funds opened positions while 438 raised stakes. 311.53 million shares or 2.27% less from 318.75 million shares in 2017Q1 were reported. Valley Natl Advisers has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). California-based Assetmark has invested 0% in Costco Wholesale Corporation (NASDAQ:COST). Columbia Ptnrs L L C Inv Mngmt holds 1.16% or 56,971 shares. Roosevelt Inv Group has invested 0.05% in Costco Wholesale Corporation (NASDAQ:COST). Moreover, First Heartland Consultants has 0.07% invested in Costco Wholesale Corporation (NASDAQ:COST). Citigroup reported 0.1% in Costco Wholesale Corporation (NASDAQ:COST). Acadian Asset Management Ltd Liability Corp reported 0.44% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Carderock Capital reported 1.26% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). American & Mgmt owns 140 shares or 0.01% of their US portfolio. Washington-based Sonata Cap Grp Inc has invested 0.57% in Costco Wholesale Corporation (NASDAQ:COST). Montag A Associates invested in 13,190 shares or 0.24% of the stock. Gabelli Funds Lc accumulated 0.2% or 206,600 shares. Eulav Asset Management has invested 0.58% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Trillium Asset Mngmt Limited has invested 0.63% in Costco Wholesale Corporation (NASDAQ:COST). Koshinski Asset Mngmt Incorporated invested in 5,507 shares.

Alkeon Capital Management Llc, which manages about $5.66B and $12.41B US Long portfolio, upped its stake in Blackstone Group LP (NYSE:BX) by 300,000 shares to 2.18M shares, valued at $72.54M in 2017Q2, according to the filing. It also increased its holding in Sina Corp (NASDAQ:SINA) by 1.39M shares in the quarter, for a total of 2.09 million shares, and has risen its stake in Restaurant Brands Intl Inc.

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