Ullmann Wealth Partners Group LLC Purchases 67 Shares of Costco Wholesale Co. (NASDAQ:COST)

Ullmann Wealth Partners Group LLC boosted its position in Costco Wholesale Co. (NASDAQ:COST) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,010 shares of the retailer’s stock after acquiring an additional 67 shares during the period. Ullmann Wealth Partners Group LLC’s holdings in Costco Wholesale were worth $1,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new position in Costco Wholesale during the 3rd quarter valued at about $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Costco Wholesale during the third quarter worth approximately $58,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at approximately $58,000. Christopher J. Hasenberg Inc boosted its stake in Costco Wholesale by 329.4% in the third quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock valued at $65,000 after acquiring an additional 56 shares during the last quarter. Finally, VitalStone Financial LLC acquired a new stake in Costco Wholesale during the 3rd quarter worth $71,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Stock Up 2.5 %

Costco Wholesale stock opened at $943.19 on Friday. The company has a fifty day simple moving average of $949.84 and a 200 day simple moving average of $900.50. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a 1-year low of $675.96 and a 1-year high of $1,008.25. The company has a market cap of $418.68 billion, a P/E ratio of 55.38, a price-to-earnings-growth ratio of 5.60 and a beta of 0.84.

Insider Activity

In other news, EVP Richard A. Galanti sold 1,416 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $894.68, for a total transaction of $1,266,866.88. Following the sale, the executive vice president now owns 27,400 shares in the company, valued at $24,514,232. This represents a 4.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.18% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Melius Research started coverage on Costco Wholesale in a research note on Monday, September 23rd. They issued a “hold” rating and a $950.00 price target on the stock. Barclays increased their target price on Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Evercore ISI boosted their target price on Costco Wholesale from $1,019.00 to $1,020.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Jefferies Financial Group increased their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, Truist Financial boosted their price objective on shares of Costco Wholesale from $909.00 to $935.00 and gave the company a “hold” rating in a report on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Based on data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average price target of $1,013.59.

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.