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

Detalus Advisors LLC raised its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 497 shares of the retailer’s stock after purchasing an additional 14 shares during the period. Detalus Advisors LLC’s holdings in Costco Wholesale were worth $456,000 at the end of the most recent quarter.

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

Costco Wholesale Stock Performance

COST stock opened at $1,048.61 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 company has a market capitalization of $465.48 billion, a price-to-earnings ratio of 61.57, a P/E/G ratio of 6.15 and a beta of 0.84. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,078.23. The firm has a 50 day moving average of $982.51 and a two-hundred day moving average of $938.63.

Costco Wholesale Dividend Announcement

The firm also recently announced 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 0.44%. The ex-dividend date was Friday, February 7th. Costco Wholesale’s dividend payout ratio is 27.25%.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Wells Fargo & Company boosted their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Roth Mkm boosted their target price on shares of Costco Wholesale from $755.00 to $907.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Morgan Stanley boosted their target price on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Telsey Advisory Group reiterated an “outperform” rating on shares of Costco Wholesale in a report on Friday, February 14th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $1,075.00 target price (up from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,021.93.

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.