B&D White Capital Company LLC Sells 800 Shares of Costco Wholesale Co. (NASDAQ:COST)

B&D White Capital Company LLC reduced its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 73.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294 shares of the retailer’s stock after selling 800 shares during the period. B&D White Capital Company LLC’s holdings in Costco Wholesale were worth $269,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in COST. AMF Tjanstepension AB bought a new position in shares of Costco Wholesale in the 3rd quarter worth $42,896,000. Swedbank AB grew its position in Costco Wholesale by 1.5% in the third quarter. Swedbank AB now owns 443,747 shares of the retailer’s stock worth $393,391,000 after acquiring an additional 6,495 shares in the last quarter. Heritage Oak Wealth Advisors LLC bought a new position in Costco Wholesale in the third quarter valued at $650,000. Tarbox Family Office Inc. raised its position in Costco Wholesale by 20.0% during the third quarter. Tarbox Family Office Inc. now owns 894 shares of the retailer’s stock valued at $793,000 after purchasing an additional 149 shares in the last quarter. Finally, Joel Isaacson & Co. LLC lifted its stake in Costco Wholesale by 2.8% during the third quarter. Joel Isaacson & Co. LLC now owns 3,755 shares of the retailer’s stock worth $3,329,000 after purchasing an additional 102 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Jefferies Financial Group increased their price objective on Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Barclays increased their price target on shares of Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. TD Cowen boosted their price objective on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Roth Mkm increased their target price on shares of Costco Wholesale from $755.00 to $907.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Finally, Wells Fargo & Company boosted their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Ten research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,021.93.

Costco Wholesale Trading Up 0.0 %

Shares of COST opened at $1,035.03 on Monday. Costco Wholesale Co. has a 1-year low of $697.27 and a 1-year high of $1,078.23. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. The firm’s 50-day moving average price is $975.61 and its 200-day moving average price is $932.24. The firm has a market capitalization of $459.45 billion, a price-to-earnings ratio of 60.78, a PEG ratio of 6.15 and a beta of 0.84.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.45%. Costco Wholesale’s dividend payout ratio (DPR) is 27.25%.

Costco Wholesale Company Profile

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.