Los Angeles Capital Management & Equity Research Has Lifted Its International Flav&F (IFF) Stake by $872,164; Costco Whsl New (COST) Shareholder Birch Hill Investment Advisors Has Lowered Stake as Share Price Rose

January 14, 2018 - By Migdalia James

Los Angeles Capital Management & Equity Research Inc increased its stake in International Flav&F (IFF) by 15.02% based on its latest 2017Q3 regulatory filing with the SEC. Los Angeles Capital Management & Equity Research Inc bought 6,142 shares as the company’s stock rose 10.17% with the market. The institutional investor held 47,046 shares of the basic industries company at the end of 2017Q3, valued at $6.72 million, up from 40,904 at the end of the previous reported quarter. Los Angeles Capital Management & Equity Research Inc who had been investing in International Flav&F for a number of months, seems to be bullish on the $12.14 billion market cap company. The stock increased 0.11% or $0.17 during the last trading session, reaching $153.7. About 366,703 shares traded or 39.88% up from the average. International Flavors & Fragrances Inc. (NYSE:IFF) has risen 5.32% since January 14, 2017 and is uptrending. It has underperformed by 11.38% the S&P500.

Birch Hill Investment Advisors Llc decreased its stake in Costco Whsl Corp New (COST) by 1.09% based on its latest 2017Q3 regulatory filing with the SEC. Birch Hill Investment Advisors Llc sold 1,946 shares as the company’s stock rose 1.54% with the market. The institutional investor held 176,892 shares of the department and specialty retail stores company at the end of 2017Q3, valued at $29.06 million, down from 178,838 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in Costco Whsl Corp New for a number of months, seems to be less bullish one the $84.24 billion market cap company. The stock increased 1.30% or $2.46 during the last trading session, reaching $191.84. About 3.50M shares traded or 19.38% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since January 14, 2017 and is uptrending. It has outperformed by 8.44% the S&P500.

Since August 1, 2017, it had 0 insider purchases, and 14 sales for $15.23 million activity. $3.86M worth of stock was sold by LIBENSON RICHARD M on Monday, December 18. MOULTON PAUL G sold $1.31M worth of stock or 6,985 shares. PORTERA JOSEPH P also sold $1.93 million worth of Costco Wholesale Corporation (NASDAQ:COST) shares. On Wednesday, October 4 the insider ZOOK DENNIS R sold $809,578. Hines Daniel M. sold $943,080 worth of stock or 5,000 shares. On Monday, January 8 the insider Vachris Roland Michael sold $977,510.

Analysts await Costco Wholesale Corporation (NASDAQ:COST) to report earnings on March, 1. They expect $1.42 earnings per share, up 21.37% or $0.25 from last year’s $1.17 per share. COST’s profit will be $623.53M for 33.77 P/E if the $1.42 EPS becomes a reality. After $1.36 actual earnings per share reported by Costco Wholesale Corporation for the previous quarter, Wall Street now forecasts 4.41% EPS growth.

Investors sentiment decreased to 1.19 in Q3 2017. Its down 0.09, from 1.28 in 2017Q2. It is negative, 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. Moreover, Kentucky Retirement has 0.33% invested in Costco Wholesale Corporation (NASDAQ:COST). Trust Com Of Toledo Na Oh, Ohio-based fund reported 2,887 shares. Suntrust Banks invested in 0.2% or 226,529 shares. Smithfield Trust has invested 0.02% in Costco Wholesale Corporation (NASDAQ:COST). Mai Mgmt reported 28,677 shares or 0.29% of all its holdings. Seabridge Inv Llc holds 0.2% or 5,197 shares in its portfolio. Williams Jones Assoc Ltd Liability invested in 1.94% or 481,337 shares. First Interstate National Bank has invested 1.31% in Costco Wholesale Corporation (NASDAQ:COST). Keybank Natl Association Oh, Ohio-based fund reported 408,986 shares. Huntington National Bank & Trust has invested 0.46% in Costco Wholesale Corporation (NASDAQ:COST). Choate Investment Advisors invested 0.02% in Costco Wholesale Corporation (NASDAQ:COST). Renaissance Invest Group Inc Llc holds 1.38% or 19,970 shares in its portfolio. Trust Of Oklahoma owns 12,187 shares or 1% of their US portfolio. 6,314 were accumulated by Smith Salley Associates. Heritage Mgmt Corp has invested 0.14% in Costco Wholesale Corporation (NASDAQ:COST).

Birch Hill Investment Advisors Llc, which manages about $1.24B and $1.15B US Long portfolio, upped its stake in Wabtec Corp (NYSE:WAB) by 21,605 shares to 262,690 shares, valued at $19.90 million in 2017Q3, according to the filing. It also increased its holding in Potash Corp Sask Inc (NYSE:POT) by 362,973 shares in the quarter, for a total of 635,853 shares, and has risen its stake in General Electric Co (NYSE:GE).

Among 32 analysts covering Costco Wholesale (NASDAQ:COST), 22 have Buy rating, 0 Sell and 10 Hold. Therefore 69% are positive. Costco Wholesale had 118 analyst reports since August 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Cowen & Co on Friday, December 15. Stifel Nicolaus maintained it with “Buy” rating and $173.0 target in Monday, September 18 report. As per Friday, July 21, the company rating was maintained by Cowen & Co. On Friday, June 16 the stock rating was downgraded by Goldman Sachs to “Hold”. On Monday, October 5 the stock rating was maintained by JP Morgan with “Overweight”. As per Wednesday, November 22, the company rating was maintained by Guggenheim. Jefferies maintained Costco Wholesale Corporation (NASDAQ:COST) rating on Tuesday, August 22. Jefferies has “Hold” rating and $168.0 target. The firm has “Hold” rating by BMO Capital Markets given on Monday, August 28. The company was initiated on Monday, November 9 by Citigroup. The firm has “Buy” rating given on Wednesday, December 9 by Deutsche Bank.

Investors sentiment increased to 1.08 in Q3 2017. Its up 0.29, from 0.79 in 2017Q2. It increased, as 21 investors sold IFF shares while 144 reduced holdings. 53 funds opened positions while 126 raised stakes. 53.47 million shares or 1.08% less from 54.06 million shares in 2017Q2 were reported. 185,468 are held by Rhumbline Advisers. Amalgamated Retail Bank reported 0.04% stake. Moreover, Marshwinds Advisory Company has 0.75% invested in International Flavors & Fragrances Inc. (NYSE:IFF) for 11,275 shares. 4,930 were reported by Zevenbergen Cap Invests Limited. Baker Avenue Asset Management Limited Partnership holds 5,596 shares. The California-based Perigon Wealth Mgmt Limited Liability has invested 0.11% in International Flavors & Fragrances Inc. (NYSE:IFF). Comerica Bank & Trust owns 0.02% invested in International Flavors & Fragrances Inc. (NYSE:IFF) for 20,820 shares. Texas Permanent School Fund holds 0.04% or 21,885 shares in its portfolio. Northwestern Mutual Wealth Mgmt stated it has 492 shares or 0% of all its holdings. World Asset Mngmt Inc holds 0.04% or 7,643 shares in its portfolio. Orrstown Finance Svcs, Pennsylvania-based fund reported 4,015 shares. Kcm Investment Advsr Ltd Company owns 6,250 shares. Geode Capital Mngmt Ltd Liability owns 859,669 shares. Gamco Incorporated Et Al owns 0.75% invested in International Flavors & Fragrances Inc. (NYSE:IFF) for 844,291 shares. Bb&T Securities Ltd Company holds 8,365 shares or 0.02% of its portfolio.

Among 16 analysts covering Internationa Flavors & Fragrances (NYSE:IFF), 7 have Buy rating, 1 Sell and 8 Hold. Therefore 44% are positive. Internationa Flavors & Fragrances had 31 analyst reports since August 11, 2015 according to SRatingsIntel. On Monday, January 9 the stock rating was downgraded by Barclays Capital to “Underweight”. The rating was upgraded by Edward Jones to “Buy” on Thursday, October 1. The rating was maintained by Stifel Nicolaus with “Hold” on Monday, September 18. The firm earned “Hold” rating on Tuesday, November 8 by Stifel Nicolaus. The firm has “Neutral” rating given on Friday, January 6 by BNP Paribas. UBS upgraded International Flavors & Fragrances Inc. (NYSE:IFF) rating on Thursday, February 23. UBS has “Buy” rating and $138 target. As per Monday, March 14, the company rating was maintained by KeyBanc Capital Markets. The rating was initiated by Berenberg on Wednesday, July 20 with “Buy”. As per Tuesday, August 11, the company rating was maintained by UBS. Argus Research maintained International Flavors & Fragrances Inc. (NYSE:IFF) on Tuesday, August 16 with “Buy” rating.

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