Holistic Planning LLC Purchases 30 Shares of Costco Wholesale Co. (NASDAQ:COST)

Holistic Planning LLC boosted its position in Costco Wholesale Co. (NASDAQ:COST) by 13.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 259 shares of the retailer’s stock after purchasing an additional 30 shares during the quarter. Holistic Planning LLC’s holdings in Costco Wholesale were worth $237,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in COST. AMF Tjanstepension AB acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $42,896,000. Czech National Bank increased its stake in Costco Wholesale by 6.9% during the 3rd quarter. Czech National Bank now owns 90,312 shares of the retailer’s stock worth $80,063,000 after acquiring an additional 5,799 shares during the period. Everpar Advisors LLC raised its holdings in Costco Wholesale by 3.3% in the 3rd quarter. Everpar Advisors LLC now owns 539 shares of the retailer’s stock valued at $478,000 after acquiring an additional 17 shares in the last quarter. Security National Bank lifted its position in shares of Costco Wholesale by 4.4% during the 3rd quarter. Security National Bank now owns 824 shares of the retailer’s stock valued at $730,000 after acquiring an additional 35 shares during the period. Finally, Bath Savings Trust Co grew its holdings in shares of Costco Wholesale by 0.4% during the 3rd quarter. Bath Savings Trust Co now owns 21,821 shares of the retailer’s stock worth $19,345,000 after purchasing an additional 81 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

COST has been the subject of a number of analyst reports. BMO Capital Markets boosted their price target on Costco Wholesale from $1,075.00 to $1,175.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Barclays upped their price target on shares of Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Wells Fargo & Company lifted their price objective on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Jefferies Financial Group upped their target price on Costco Wholesale from $1,050.00 to $1,145.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Loop Capital lifted their price target on Costco Wholesale from $1,005.00 to $1,095.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Nine analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,013.59.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $1,021.86 on Wednesday. The stock has a market capitalization of $453.60 billion, a price-to-earnings ratio of 60.00, a PEG ratio of 5.84 and a beta of 0.84. Costco Wholesale Co. has a 52-week low of $697.27 and a 52-week high of $1,024.35. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The stock’s 50 day moving average price is $955.41 and its two-hundred day moving average price is $909.45.

Costco Wholesale Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Friday, February 7th will be issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Friday, February 7th. Costco Wholesale’s payout ratio is 27.25%.

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.