Costco Wholesale Co. (NASDAQ:COST) Shares Sold by Moser Wealth Advisors LLC

Moser Wealth Advisors LLC lessened its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,205 shares of the retailer’s stock after selling 55 shares during the period. Costco Wholesale comprises 2.0% of Moser Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Moser Wealth Advisors LLC’s holdings in Costco Wholesale were worth $3,853,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in COST. Sculati Wealth Management LLC increased its position in shares of Costco Wholesale by 0.3% in the third quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock worth $3,235,000 after purchasing an additional 11 shares during the period. Sivia Capital Partners LLC lifted 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 last quarter. Gill Capital Partners LLC boosted its stake in shares of Costco Wholesale by 0.9% in the 4th quarter. Gill Capital Partners LLC now owns 1,270 shares of the retailer’s stock valued at $1,164,000 after purchasing an additional 11 shares in the last quarter. Scott Capital Advisors LLC grew its holdings in shares of Costco Wholesale by 0.8% during the 4th quarter. Scott Capital Advisors LLC now owns 1,348 shares of the retailer’s stock valued at $1,247,000 after purchasing an additional 11 shares during the last quarter. Finally, Lantz Financial LLC lifted its stake in Costco Wholesale by 1.7% in the 4th quarter. Lantz Financial LLC now owns 645 shares of the retailer’s stock valued at $591,000 after purchasing an additional 11 shares during the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of NASDAQ:COST opened at $1,043.81 on Monday. 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 company has a 50-day moving average price of $961.27 and a 200-day moving average price of $914.43. The company has a market cap of $463.35 billion, a price-to-earnings ratio of 61.29, a price-to-earnings-growth ratio of 6.26 and a beta of 0.84. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,063.00.

Costco Wholesale Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 0.44%. The ex-dividend date is Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.25%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Tigress Financial restated a “buy” rating and set a $1,065.00 price objective on shares of Costco Wholesale in a research report on Thursday, October 17th. Citigroup lifted their target price on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Wells Fargo & Company raised their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Robert W. Baird boosted their price objective on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Finally, DA Davidson raised their target price on Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a research report on Thursday. Nine investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.93.

Costco Wholesale 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.