1,250 Shares in Costco Wholesale Co. (NASDAQ:COST) Acquired by Brady Martz Wealth Solutions LLC

Brady Martz Wealth Solutions LLC bought a new stake in shares of Costco Wholesale Co. (NASDAQ:COST) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,250 shares of the retailer’s stock, valued at approximately $1,147,000.

A number of other institutional investors and hedge funds have also modified their holdings of COST. Cambridge Advisors Inc. raised its holdings in shares of Costco Wholesale by 7.4% during the fourth quarter. Cambridge Advisors Inc. now owns 813 shares of the retailer’s stock valued at $745,000 after purchasing an additional 56 shares during the last quarter. Liberty One Investment Management LLC grew its position in Costco Wholesale by 2.8% in the 4th quarter. Liberty One Investment Management LLC now owns 5,450 shares of the retailer’s stock worth $4,994,000 after purchasing an additional 149 shares during the period. Cadinha & Co. LLC raised its stake in Costco Wholesale by 0.4% during the 4th quarter. Cadinha & Co. LLC now owns 39,493 shares of the retailer’s stock valued at $36,186,000 after buying an additional 157 shares during the last quarter. Oak Ridge Investments LLC lifted its holdings in shares of Costco Wholesale by 6.2% during the 4th quarter. Oak Ridge Investments LLC now owns 18,987 shares of the retailer’s stock valued at $17,397,000 after buying an additional 1,114 shares during the period. Finally, HF Advisory Group LLC boosted its stake in shares of Costco Wholesale by 4.3% in the 4th quarter. HF Advisory Group LLC now owns 387 shares of the retailer’s stock worth $355,000 after buying an additional 16 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

COST has been the subject of a number of research reports. StockNews.com cut Costco Wholesale from a “buy” rating to a “hold” rating in a research report on Friday, September 27th. UBS Group increased their price objective on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. BMO Capital Markets boosted their target price 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. Citigroup increased their price target on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Finally, Melius Research started coverage on shares of Costco Wholesale in a research report on Monday, September 23rd. They set a “hold” rating and a $950.00 price objective for the company. Nine research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, Costco Wholesale currently has a consensus rating of “Moderate Buy” and an average target price of $1,013.59.

Insider Buying and Selling at Costco Wholesale

In other Costco Wholesale news, EVP Richard A. Galanti sold 1,416 shares of Costco Wholesale stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $894.68, for a total transaction of $1,266,866.88. Following the completion of the sale, the executive vice president now directly owns 27,400 shares in the company, valued at approximately $24,514,232. The trade was a 4.91 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.18% of the company’s stock.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $943.19 on Monday. The firm has a market capitalization of $418.68 billion, a P/E ratio of 55.38, a PEG ratio of 5.60 and a beta of 0.84. Costco Wholesale Co. has a 52 week low of $675.96 and a 52 week high of $1,008.25. 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 company has a 50 day moving average price of $949.82 and a 200 day moving average price of $901.47.

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.