Radnor Capital Management LLC Sells 910 Shares of Costco Wholesale Co. (NASDAQ:COST)

Radnor Capital Management LLC decreased its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 38.7% in the 4th quarter, Holdings Channel reports. The firm owned 1,442 shares of the retailer’s stock after selling 910 shares during the period. Radnor Capital Management LLC’s holdings in Costco Wholesale were worth $1,321,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of COST. Fermata Advisors LLC grew its position in Costco Wholesale by 0.6% in the 3rd quarter. Fermata Advisors LLC now owns 1,968 shares of the retailer’s stock worth $1,745,000 after purchasing an additional 11 shares during the period. Sculati Wealth Management LLC boosted its stake in shares of Costco Wholesale by 0.3% in the 3rd quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock worth $3,235,000 after buying an additional 11 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Costco Wholesale by 0.3% in the fourth quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer’s stock worth $3,398,000 after acquiring an additional 11 shares during the period. Perkins Coie Trust Co increased its position in Costco Wholesale by 0.3% during the third quarter. Perkins Coie Trust Co now owns 4,675 shares of the retailer’s stock valued at $4,144,000 after acquiring an additional 12 shares during the last quarter. Finally, Firethorn Wealth Partners LLC lifted its holdings in Costco Wholesale by 3.5% in the third quarter. Firethorn Wealth Partners LLC now owns 358 shares of the retailer’s stock valued at $318,000 after acquiring an additional 12 shares during the period. 68.48% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

COST has been the subject of a number of recent research reports. Evercore ISI boosted their price target on Costco Wholesale from $1,019.00 to $1,020.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Melius Research initiated coverage on shares of Costco Wholesale in a research report on Monday, September 23rd. They set a “hold” rating and a $950.00 target price for the company. Truist Financial upped their target price on shares of Costco Wholesale from $909.00 to $935.00 and gave the company a “hold” rating in a report on Friday, December 13th. DA Davidson lifted their price target on shares of Costco Wholesale from $880.00 to $900.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Finally, Morgan Stanley upped their price objective on Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,013.59.

Costco Wholesale Stock Up 0.7 %

COST opened at $923.50 on Thursday. The company has a market capitalization of $409.94 billion, a PE ratio of 54.23, a price-to-earnings-growth ratio of 6.02 and a beta of 0.84. The firm has a 50-day simple moving average of $949.23 and a two-hundred day simple moving average of $900.20. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. Costco Wholesale Co. has a 52 week low of $675.96 and a 52 week high of $1,008.25.

Insider Buying and Selling

In other Costco Wholesale news, EVP Richard A. Galanti sold 1,416 shares of Costco Wholesale stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $894.68, for a total value of $1,266,866.88. Following the sale, the executive vice president now owns 27,400 shares of the company’s stock, valued at $24,514,232. The trade was a 4.91 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.18% of the stock is owned by company insiders.

About Costco Wholesale

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.