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Parsons Capital Management Has Cut Costco Whsl New (COST) Position By $1.26 Million; 1 Analysts Are Bullish Piedmont Office Realty Trust, Inc. (PDM) Last Week

Parsons Capital Management Inc decreased Costco Whsl Corp New (COST) stake by 68.95% reported in 2017Q2 SEC filing. Parsons Capital Management Inc sold 7,880 shares as Costco Whsl Corp New (COST)’s stock rose 1.54%. The Parsons Capital Management Inc holds 3,549 shares with $568,000 value, down from 11,429 last quarter. Costco Whsl Corp New now has $82.29B valuation. The stock decreased 0.30% or $0.56 during the last trading session, reaching $188.3. About 3.37 million shares traded or 6.26% up from the average. Costco Wholesale Corporation (NASDAQ:COST) has risen 25.14% since December 13, 2016 and is uptrending. It has outperformed by 8.44% the S&P500.

Among 4 analysts covering Piedmont Office Realty Trust (NYSE:PDM), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Piedmont Office Realty Trust had 12 analyst reports since September 3, 2015 according to SRatingsIntel. The stock of Piedmont Office Realty Trust, Inc. (NYSE:PDM) has “Hold” rating given on Friday, July 14 by Stifel Nicolaus. As per Thursday, January 7, the company rating was downgraded by Robert W. Baird. Stifel Nicolaus maintained the stock with “Sell” rating in Tuesday, May 10 report. As per Monday, December 14, the company rating was downgraded by Stifel Nicolaus. Stifel Nicolaus upgraded Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Monday, January 23. Stifel Nicolaus has “Hold” rating and $20.50 target. The stock has “Neutral” rating by DA Davidson on Tuesday, May 3. The firm earned “Outperform” rating on Monday, August 28 by Robert W. Baird. As per Thursday, November 2, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus maintained it with “Hold” rating and $21.0 target in Monday, September 18 report. The stock has “Neutral” rating by SunTrust on Thursday, September 3. See Piedmont Office Realty Trust, Inc. (NYSE:PDM) latest ratings:

02/11/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $20.0 Maintain
18/09/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $21.0 Maintain
28/08/2017 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Upgrade
14/07/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $21.0000 Maintain

Piedmont Office Realty Trust, Inc. is a real estate investment trust. The company has market cap of $2.90 billion. The firm invests in real estate markets of the United States. It owns, manages, develops and operates high-quality, Class A office properties located in select sub markets of eight major Eastern U.S. office markets. It has a 52.1 P/E ratio. The firm was formerly known as Wells REIT, Inc.

The stock increased 0.35% or $0.07 during the last trading session, reaching $20.06. About 795,006 shares traded or 1.80% up from the average. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has risen 9.82% since December 13, 2016 and is uptrending. It has underperformed by 6.88% the S&P500.

Investors sentiment increased to 1.52 in Q2 2017. Its up 0.38, from 1.14 in 2017Q1. It increased, as 13 investors sold Piedmont Office Realty Trust, Inc. shares while 66 reduced holdings. 27 funds opened positions while 63 raised stakes. 120.14 million shares or 1.23% less from 121.63 million shares in 2017Q1 were reported. Macquarie Gru holds 0% or 107,400 shares. Geode Cap Management Ltd owns 1.41M shares. 277,802 were reported by Commonwealth Equity. Teachers Insur Annuity Association Of America accumulated 144,783 shares. 325 were reported by Cornerstone Advsr. Northern holds 2.29 million shares or 0.01% of its portfolio. Amp Invsts holds 0% or 22,682 shares in its portfolio. 27,890 were reported by State Of Alaska Department Of Revenue. 82,200 were accumulated by Jacobs Levy Equity. Creative Planning holds 0% or 205 shares in its portfolio. American International Group Inc has invested 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Bnp Paribas Arbitrage Sa has 0% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 48,362 shares. Raymond James Advsr holds 0% or 19,216 shares in its portfolio. Ameriprise Fin stated it has 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Planning Corp holds 14,574 shares or 0.02% of its portfolio.

Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.09, from 1.28 in 2017Q1. It is negative, 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. Gofen Glossberg Limited Liability Com Il holds 89,684 shares or 0.55% of its portfolio. Arrowgrass Cap Prns (Us) Lp accumulated 101,027 shares or 0.12% of the stock. Moreover, Wasatch Advsrs has 0.07% invested in Costco Wholesale Corporation (NASDAQ:COST) for 32,075 shares. Ww Asset Management stated it has 0.25% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). North Star Investment Mgmt stated it has 0.09% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Family Firm Inc stated it has 1,386 shares. Cadinha & Lc reported 3.48% stake. Charter Tru Company owns 10,038 shares. Blume Management Inc has invested 0.97% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). 5,070 are held by Lombard Odier Asset Mngmt (Europe). 308,998 were reported by Dekabank Deutsche Girozentrale. Profit Inv Mgmt Ltd Liability reported 1.04% stake. Wetherby Asset, a California-based fund reported 11,646 shares. Omers Administration, Ontario – Canada-based fund reported 12,411 shares. Exchange Capital invested in 0.6% or 11,085 shares.

Parsons Capital Management Inc increased Schwab Strategic Tr (SCHM) stake by 8,420 shares to 17,009 valued at $819,000 in 2017Q2. It also upped Azurrx Biopharma Inc stake by 101,525 shares and now owns 185,343 shares. Amgen Inc (NASDAQ:AMGN) was raised too.

Among 31 analysts covering Costco Wholesale (NASDAQ:COST), 20 have Buy rating, 0 Sell and 11 Hold. Therefore 65% are positive. Costco Wholesale had 107 analyst reports since August 24, 2015 according to SRatingsIntel. Stifel Nicolaus maintained Costco Wholesale Corporation (NASDAQ:COST) on Friday, June 23 with “Buy” rating. The firm has “Hold” rating given on Wednesday, September 30 by Deutsche Bank. On Friday, October 6 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. The firm has “Hold” rating given on Wednesday, June 28 by Deutsche Bank. On Tuesday, November 3 the stock rating was downgraded by Northcoast to “Neutral”. The stock of Costco Wholesale Corporation (NASDAQ:COST) earned “Buy” rating by Sterne Agee CRT on Friday, October 2. The firm earned “Buy” rating on Friday, October 6 by Citigroup. On Wednesday, June 1 the stock rating was upgraded by Goldman Sachs to “Buy”. The firm has “Buy” rating given on Friday, May 26 by Stifel Nicolaus. Telsey Advisory Group maintained the shares of COST in report on Thursday, October 1 with “Outperform” rating.

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