Costco Wholesale Co. (NASDAQ:COST) Shares Acquired by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. grew its position in Costco Wholesale Co. (NASDAQ:COST) by 1.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,982 shares of the retailer’s stock after acquiring an additional 52 shares during the period. Roman Butler Fullerton & Co.’s holdings in Costco Wholesale were worth $2,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Sculati Wealth Management LLC increased 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 valued at $3,235,000 after purchasing an additional 11 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Costco Wholesale by 0.3% in the 4th quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer’s stock worth $3,398,000 after buying an additional 11 shares during the last quarter. Gill Capital Partners LLC boosted its holdings in shares of Costco Wholesale by 0.9% during the 4th quarter. Gill Capital Partners LLC now owns 1,270 shares of the retailer’s stock worth $1,164,000 after purchasing an additional 11 shares during the last quarter. Scott Capital Advisors LLC boosted 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 worth $1,247,000 after purchasing an additional 11 shares during the last quarter. Finally, Lantz Financial LLC boosted its holdings in shares of Costco Wholesale by 1.7% during the 4th quarter. Lantz Financial LLC now owns 645 shares of the retailer’s stock worth $591,000 after purchasing an additional 11 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Trading Down 0.5 %

NASDAQ COST opened at $1,071.85 on Friday. The business’s fifty day moving average is $967.91 and its 200-day moving average is $920.57. Costco Wholesale Co. has a one year low of $697.27 and a one year high of $1,078.23. The stock has a market capitalization of $475.79 billion, a price-to-earnings ratio of 62.94, a PEG ratio of 6.26 and a beta of 0.84. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43.

Costco Wholesale Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $1.16 dividend. The ex-dividend date is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a yield of 0.43%. Costco Wholesale’s payout ratio is 27.25%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on COST. Jefferies Financial Group boosted their target price on Costco Wholesale from $1,050.00 to $1,145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. UBS Group lifted their price target on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Wells Fargo & Company lifted 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 report on Friday, December 13th. BMO Capital Markets lifted their price target on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $1,075.00 price target (up previously from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. Nine investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,021.93.

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.