Costco Wholesale Co. (NASDAQ:COST) Shares Acquired by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC increased its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.1% in the fourth quarter, Holdings Channel reports. The firm owned 1,343 shares of the retailer’s stock after buying an additional 14 shares during the period. Capital Advisors Ltd. LLC’s holdings in Costco Wholesale were worth $1,231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COST. RPg Family Wealth Advisory LLC purchased a new position in shares of Costco Wholesale in the 3rd quarter valued at about $29,000. Endeavor Private Wealth Inc. purchased a new position in shares of Costco Wholesale in the 4th quarter valued at about $33,000. Collier Financial purchased a new stake in Costco Wholesale during the fourth quarter worth approximately $35,000. Barrett & Company Inc. lifted its stake in Costco Wholesale by 59.3% during the fourth quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock worth $39,000 after purchasing an additional 16 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new stake in Costco Wholesale during the fourth quarter worth approximately $41,000. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Costco Wholesale Stock Up 0.0 %

COST opened at $1,035.03 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The firm has a market cap of $459.45 billion, a P/E ratio of 60.78, a PEG ratio of 6.15 and a beta of 0.84. Costco Wholesale Co. has a 52 week low of $697.27 and a 52 week high of $1,078.23. The business’s fifty day simple moving average is $975.61 and its 200 day simple moving average is $932.24.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Friday, February 7th. Costco Wholesale’s payout ratio is currently 27.25%.

Analyst Ratings Changes

Several research firms recently weighed in on COST. Roth Mkm boosted their target price on Costco Wholesale from $755.00 to $907.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. 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. Loop Capital lifted their price target on Costco Wholesale from $1,005.00 to $1,095.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Stifel Nicolaus lifted their price target on Costco Wholesale from $1,000.00 to $1,075.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Finally, TD Cowen lifted their price target on Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average price target of $1,021.93.

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.