Game Plan Financial Advisors LLC Has $5.55 Million Holdings in Costco Wholesale Co. (NASDAQ:COST)

Game Plan Financial Advisors LLC lessened its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,060 shares of the retailer’s stock after selling 66 shares during the period. Costco Wholesale comprises 2.6% of Game Plan Financial Advisors LLC’s holdings, making the stock its 11th largest holding. Game Plan Financial Advisors LLC’s holdings in Costco Wholesale were worth $5,554,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in COST. RPg Family Wealth Advisory LLC acquired a new stake in shares of Costco Wholesale during the 3rd quarter worth approximately $29,000. Endeavor Private Wealth Inc. acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $33,000. Collier Financial acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $35,000. Barrett & Company Inc. boosted its position in shares of Costco Wholesale by 59.3% during the 4th quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock worth $39,000 after acquiring an additional 16 shares in the last quarter. Finally, FSC Wealth Advisors LLC acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Price Performance

Shares of NASDAQ COST opened at $1,071.85 on Monday. Costco Wholesale Co. has a twelve month low of $697.27 and a twelve month high of $1,078.23. The firm has a fifty day simple moving average of $969.49 and a 200 day simple moving average of $923.13. The company has a market capitalization of $475.79 billion, a PE ratio of 62.94, a P/E/G ratio of 6.26 and a beta of 0.84. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Costco Wholesale Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.25%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on COST shares. Telsey Advisory Group reiterated an “outperform” rating and set a $1,100.00 price target on shares of Costco Wholesale in a research report on Monday, February 3rd. Robert W. Baird increased their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. DA Davidson increased their price objective on shares of Costco Wholesale from $900.00 to $1,000.00 and gave the company a “neutral” rating in a research note on Thursday, February 6th. Barclays increased their price objective on shares of Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Finally, Stifel Nicolaus increased their price objective on shares of Costco Wholesale from $1,000.00 to $1,075.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Nine research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently 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.