$0.75 EPS Expected for PrivateBancorp (PVTB); Costco Wholesale (COST) Shorts Up By 14.77%

June 29, 2017 - By Winifred Garcia

Analysts expect PrivateBancorp Inc (NASDAQ:PVTB) to report $0.75 EPS on July, 20.They anticipate $0.08 EPS change or 11.94% from last quarter’s $0.67 EPS. PVTB’s profit would be $59.78 million giving it 20.32 P/E if the $0.75 EPS is correct. After having $0.70 EPS previously, PrivateBancorp Inc’s analysts see 7.14% EPS growth. It closed at $60.97 lastly. It is down 46.55% since June 29, 2016 and is uptrending. It has outperformed by 29.85% the S&P500.

Costco Wholesale Corporation (NASDAQ:COST) had an increase of 14.77% in short interest. COST’s SI was 8.18M shares in June as released by FINRA. Its up 14.77% from 7.13M shares previously. With 2.76M avg volume, 3 days are for Costco Wholesale Corporation (NASDAQ:COST)’s short sellers to cover COST’s short positions. The SI to Costco Wholesale Corporation’s float is 1.9%. The stock increased 0.57% or $0.91 during the last trading session, reaching $160.17. About 2 shares traded. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since June 29, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.

Among 27 analysts covering Costco Wholesale (NASDAQ:COST), 20 have Buy rating, 0 Sell and 7 Hold. Therefore 74% are positive. Costco Wholesale had 60 analyst reports since August 24, 2015 according to SRatingsIntel. Stifel Nicolaus reinitiated the shares of COST in report on Friday, January 20 with “Buy” rating. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Deutsche Bank on Tuesday, May 31. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Market Perform” rating by Wells Fargo on Tuesday, October 18. The firm has “Outperform” rating given on Monday, June 26 by Raymond James. The firm has “Hold” rating given on Friday, October 23 by Williams Capital Group. The firm earned “Buy” rating on Monday, December 19 by Citigroup. The rating was maintained by Telsey Advisory Group with “Outperform” on Thursday, January 5. Stifel Nicolaus maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, May 26 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Friday, May 26 report. Piper Jaffray maintained the shares of COST in report on Wednesday, September 2 with “Buy” rating.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.16, from 0.94 in 2016Q3. It improved, as 59 investors sold Costco Wholesale Corporation shares while 405 reduced holdings. 116 funds opened positions while 395 raised stakes. 313.68 million shares or 1.52% more from 308.97 million shares in 2016Q3 were reported. Qci Asset Mgmt reported 35 shares. Chilton Capital Mngmt Ltd Co accumulated 78,471 shares. Synovus Financial owns 12,234 shares for 0.04% of their portfolio. Jpmorgan Chase Com has 4.33M shares. Tci Wealth Advisors Incorporated stated it has 6,199 shares or 0.52% of all its holdings. Benjamin F Edwards & Co owns 16,427 shares or 0.43% of their US portfolio. Moreover, Bp Pcl has 0.31% invested in Costco Wholesale Corporation (NASDAQ:COST). Ifc Fl reported 0.04% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Henderson Public Ltd Liability Corp stated it has 152,886 shares or 0.18% of all its holdings. Old Natl National Bank In has 123,855 shares for 1.14% of their portfolio. Jfs Wealth Advsr Limited, Pennsylvania-based fund reported 1,830 shares. Moreover, Td Asset has 0.11% invested in Costco Wholesale Corporation (NASDAQ:COST) for 407,716 shares. Endurance Wealth Mgmt owns 0.05% invested in Costco Wholesale Corporation (NASDAQ:COST) for 1,700 shares. Geneva Advsrs has 0.13% invested in Costco Wholesale Corporation (NASDAQ:COST). Garrison Bradford And Associate Inc accumulated 37,500 shares or 5.53% of the stock.

Since January 6, 2017, it had 0 buys, and 8 sales for $23.31 million activity. SINEGAL JAMES D sold 100,000 shares worth $16.64M. $906,598 worth of Costco Wholesale Corporation (NASDAQ:COST) shares were sold by Hines Daniel M.. On Wednesday, June 7 Murphy James P. sold $906,504 worth of Costco Wholesale Corporation (NASDAQ:COST) or 5,000 shares. 3,000 shares were sold by McKay John D, worth $544,810. Shares for $667,799 were sold by Rose Timothy L.. 3,180 Costco Wholesale Corporation (NASDAQ:COST) shares with value of $514,302 were sold by Vachris Roland Michael. 14,189 shares valued at $2.30 million were sold by MOULTON PAUL G on Friday, January 6.

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. The company has market cap of $69.84 billion. As of August 28, 2016, the Company operated 715 warehouses across the world. It has a 27.78 P/E ratio. The Company’s average warehouse space is approximately 144,000 square feet.

Among 12 analysts covering Privatebancorp Inc. (NASDAQ:PVTB), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Privatebancorp Inc. had 20 analyst reports since July 20, 2015 according to SRatingsIntel. Macquarie Research maintained the shares of PVTB in report on Wednesday, October 14 with “Neutral” rating. Keefe Bruyette & Woods downgraded the shares of PVTB in report on Thursday, June 30 to “Market Perform” rating. Zacks downgraded PrivateBancorp Inc (NASDAQ:PVTB) on Friday, September 4 to “Hold” rating. The rating was initiated by Piper Jaffray with “Neutral” on Friday, June 10. Zacks downgraded the shares of PVTB in report on Wednesday, August 19 to “Buy” rating. The firm earned “Outperform” rating on Thursday, February 4 by FIG Partners. As per Friday, May 26, the company rating was downgraded by Keefe Bruyette & Woods. The firm has “Outperform” rating given on Wednesday, January 13 by RBC Capital Markets. The firm earned “Buy” rating on Tuesday, August 25 by Zacks. The company was initiated on Friday, October 9 by Stephens.

Investors sentiment increased to 0.95 in 2016 Q4. Its up 0.36, from 0.59 in 2016Q3. It improved, as 30 investors sold PrivateBancorp Inc shares while 85 reduced holdings. 48 funds opened positions while 61 raised stakes. 64.08 million shares or 3.89% less from 66.67 million shares in 2016Q3 were reported. Capstone Asset Management Company reported 0.01% in PrivateBancorp Inc (NASDAQ:PVTB). Advantus Capital Mgmt Incorporated invested in 9,903 shares or 0.01% of the stock. Credit Suisse Ag stated it has 0.01% of its portfolio in PrivateBancorp Inc (NASDAQ:PVTB). P Schoenfeld Asset Mgmt L P, New York-based fund reported 50,000 shares. Wellington Mgmt Llp stated it has 0% of its portfolio in PrivateBancorp Inc (NASDAQ:PVTB). Nwq Investment Company Ltd Limited Liability Company, a California-based fund reported 1.13M shares. Ftb Advsrs Incorporated holds 0% or 62 shares in its portfolio. Thomas White Intl accumulated 230 shares or 0% of the stock. Invest Services Of America holds 0.06% or 5,650 shares. Beacon Financial Grp Inc holds 0.08% or 7,367 shares. The Ohio-based Strs Ohio has invested 0% in PrivateBancorp Inc (NASDAQ:PVTB). Profund Advsrs Limited Liability Corporation invested in 18,636 shares or 0.05% of the stock. First Interstate Bancshares holds 0.03% of its portfolio in PrivateBancorp Inc (NASDAQ:PVTB) for 2,895 shares. Verition Fund Ltd Co stated it has 0.03% in PrivateBancorp Inc (NASDAQ:PVTB). Jane Street Gru Limited Liability holds 9,895 shares.

PrivateBancorp, Inc. is a bank holding firm for The PrivateBank and Trust Company . The company has market cap of $4.86 billion. Through the Bank, the Company provides customized business and personal financial services to middle market companies, as well as business owners, executives, entrepreneurs and families in the markets and communities it serves. It has a 22.98 P/E ratio. The Firm operates through three operating divisions: Banking, Asset Management and Holding Company activities.

Since June 8, 2017, it had 0 insider purchases, and 9 insider sales for $54.33 million activity. Shares for $4.25 million were sold by Evans Jennifer. The insider Case Karen B. sold $2.99M. Killips Kevin M sold 100,337 shares worth $6.05 million. BOBINS NORMAN sold $1.78 million worth of stock or 29,383 shares. Shares for $7.92 million were sold by Lubin Bruce S.. Shares for $18.68M were sold by Richman Larry D. on Thursday, June 8. 16,316 shares were sold by Carey Paul E, worth $975,436 on Thursday, June 8.