Compton Wealth Advisory Group LLC Purchases 37 Shares of Costco Wholesale Co. (NASDAQ:COST)

Compton Wealth Advisory Group LLC grew its position in Costco Wholesale Co. (NASDAQ:COST) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,191 shares of the retailer’s stock after acquiring an additional 37 shares during the period. Costco Wholesale comprises about 1.0% of Compton Wealth Advisory Group LLC’s portfolio, making the stock its 21st largest holding. Compton Wealth Advisory Group LLC’s holdings in Costco Wholesale were worth $3,840,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC grew its stake in Costco Wholesale by 6.1% in the 4th quarter. Capital Investment Advisors LLC now owns 14,224 shares of the retailer’s stock valued at $13,033,000 after buying an additional 818 shares during the last quarter. Brookstone Capital Management grew its position in shares of Costco Wholesale by 3.2% in the fourth quarter. Brookstone Capital Management now owns 17,448 shares of the retailer’s stock valued at $15,987,000 after purchasing an additional 533 shares during the last quarter. City State Bank increased its stake in shares of Costco Wholesale by 0.7% during the fourth quarter. City State Bank now owns 2,253 shares of the retailer’s stock worth $2,064,000 after purchasing an additional 15 shares during the period. Trust Co. of Toledo NA OH lifted its holdings in Costco Wholesale by 3.7% during the 4th quarter. Trust Co. of Toledo NA OH now owns 8,582 shares of the retailer’s stock worth $7,863,000 after purchasing an additional 310 shares during the last quarter. Finally, Fiduciary Alliance LLC boosted its stake in Costco Wholesale by 9.5% in the 4th quarter. Fiduciary Alliance LLC now owns 8,202 shares of the retailer’s stock valued at $7,515,000 after purchasing an additional 710 shares during the period. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Costco Wholesale news, EVP Richard A. Galanti sold 1,416 shares of the company’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $894.68, for a total value of $1,266,866.88. Following the completion of the transaction, 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 Securities & Exchange Commission, which is available through the SEC website. Also, EVP Pierre Riel sold 2,000 shares of Costco Wholesale stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $896.71, for a total value of $1,793,420.00. Following the sale, the executive vice president now owns 10,210 shares in the company, valued at $9,155,409.10. The trade was a 16.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

COST has been the subject of a number of recent research reports. Melius Research began coverage on shares of Costco Wholesale in a research report on Monday, September 23rd. They issued a “hold” rating and a $950.00 target price for the company. 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 Thursday. Raymond James raised their price objective on Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. TD Cowen boosted their target price on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $1,075.00 price target (up from $980.00) on shares of Costco Wholesale in a research note on Tuesday, December 10th. Nine 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, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,013.59.

Costco Wholesale Stock Down 1.1 %

Costco Wholesale stock traded down $10.35 during mid-day trading on Monday, reaching $926.59. The stock had a trading volume of 593,252 shares, compared to its average volume of 1,763,207. The firm has a market capitalization of $411.31 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 6.02 and a beta of 0.84. The stock’s 50-day simple moving average is $947.92 and its 200-day simple moving average is $899.20. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.97. Costco Wholesale Co. has a fifty-two week low of $675.96 and a fifty-two week high of $1,008.25.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a $1.16 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $4.64 annualized dividend and a yield of 0.50%. Costco Wholesale’s payout ratio is 27.25%.

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.