719 Shares in Costco Wholesale Co. (NASDAQ:COST) Purchased by Triad Wealth Partners LLC

Triad Wealth Partners LLC purchased a new stake in Costco Wholesale Co. (NASDAQ:COST) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 719 shares of the retailer’s stock, valued at approximately $659,000.

Several other institutional investors also recently modified their holdings of COST. RPg Family Wealth Advisory LLC acquired a new position in shares of Costco Wholesale during the third quarter worth approximately $29,000. Synergy Investment Management LLC purchased a new stake in shares of Costco Wholesale during the 4th quarter valued at $31,000. Endeavor Private Wealth Inc. bought a new stake in Costco Wholesale in the fourth quarter worth about $33,000. Collier Financial purchased a new stake in Costco Wholesale in the fourth quarter worth $35,000. Finally, Barrett & Company Inc. raised its stake in Costco Wholesale by 59.3% in the 4th quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock valued at $39,000 after acquiring an additional 16 shares during the period. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Stock Down 1.0 %

COST stock opened at $1,036.87 on Wednesday. The firm has a market cap of $460.27 billion, a price-to-earnings ratio of 60.88, a PEG ratio of 6.15 and a beta of 0.84. The firm has a fifty day moving average price of $986.01 and a two-hundred day moving average price of $941.00. 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 Co. has a 1-year low of $697.27 and a 1-year high of $1,078.24.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were given a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 0.45%. The ex-dividend date of this dividend was Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.25%.

Analysts Set New Price Targets

COST has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Truist Financial boosted their price target on shares of Costco Wholesale from $909.00 to $935.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Robert W. Baird lifted their target price 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. Barclays increased their price target on shares of Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Finally, Loop Capital boosted their target price on shares of Costco Wholesale from $1,005.00 to $1,095.00 and gave the company a “buy” rating in a report on Friday, December 13th. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.