Catalina Capital Group LLC Purchases 46 Shares of Costco Wholesale Co. (NASDAQ:COST)

Catalina Capital Group LLC raised its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,424 shares of the retailer’s stock after acquiring an additional 46 shares during the period. Costco Wholesale comprises approximately 0.7% of Catalina Capital Group LLC’s portfolio, making the stock its 28th biggest holding. Catalina Capital Group LLC’s holdings in Costco Wholesale were worth $2,221,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. FSM Wealth Advisors LLC lifted its stake in shares of Costco Wholesale by 1.3% in the 4th quarter. FSM Wealth Advisors LLC now owns 3,148 shares of the retailer’s stock valued at $2,895,000 after acquiring an additional 39 shares during the last quarter. HHM Wealth Advisors LLC increased its stake in Costco Wholesale by 3.5% in the 4th quarter. HHM Wealth Advisors LLC now owns 467 shares of the retailer’s stock worth $428,000 after purchasing an additional 16 shares during the period. CFM Wealth Partners LLC lifted its position in Costco Wholesale by 3.8% in the fourth quarter. CFM Wealth Partners LLC now owns 11,241 shares of the retailer’s stock valued at $10,300,000 after purchasing an additional 411 shares during the last quarter. Horst & Graben Wealth Management LLC boosted its stake in shares of Costco Wholesale by 1.3% during the fourth quarter. Horst & Graben Wealth Management LLC now owns 1,801 shares of the retailer’s stock valued at $1,650,000 after purchasing an additional 23 shares during the period. Finally, CGC Financial Services LLC grew its holdings in shares of Costco Wholesale by 16.6% in the fourth quarter. CGC Financial Services LLC now owns 387 shares of the retailer’s stock worth $355,000 after purchasing an additional 55 shares during the last quarter. 68.48% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Tigress Financial reiterated a “buy” rating and set a $1,065.00 price target on shares of Costco Wholesale in a report on Thursday, October 17th. Loop Capital increased their target price on shares of Costco Wholesale from $1,005.00 to $1,095.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Stifel Nicolaus boosted their price target on Costco Wholesale from $935.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, December 5th. BMO Capital Markets increased their price objective on Costco Wholesale from $1,075.00 to $1,175.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Finally, Roth Mkm lifted their price objective on Costco Wholesale from $755.00 to $907.00 and gave the stock a “neutral” rating in a research report 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale Trading Up 2.6 %

NASDAQ COST opened at $1,005.83 on Tuesday. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,009.61. 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 stock’s fifty day moving average price is $954.51 and its 200-day moving average price is $908.28. The stock has a market cap of $446.49 billion, a P/E ratio of 59.06, a P/E/G ratio of 5.84 and a beta of 0.84.

Costco Wholesale Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a dividend of $1.16 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a yield of 0.46%. Costco Wholesale’s dividend payout ratio is currently 27.25%.

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.