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Major investorsboost stakes in retail giants like Costco and Walmart, with PriceSmart seeing 80.46% institutional ownership.
Several major investors have increased their stakes in retail giants Costco and Walmart, with entities like Atlas Brown Inc. and Highline Wealth Partners LLC adding to their holdings.
PriceSmart, another membership warehouse company, saw significant institutional investment growth, with investors now owning 80.46% of its stock.
Despite missing earnings estimates, PriceSmart reported a 7.8% revenue increase to $1.26 billion.
Costco and Walmart also reported positive financial results, with Walmart's Q4 EPS exceeding expectations and Costco declaring a $1.16 quarterly dividend.
Analysts remain optimistic about these companies, with Costco receiving a "Moderate Buy" consensus rating.
Los principales inversores apuestan por gigantes minoristas como Costco y Walmart, con PriceSmart viendo un 80,46% de propiedad institucional.