San Luis Wealth Advisors LLC Has $1.38 Million Stock Holdings in Costco Wholesale Co. (NASDAQ:COST)

San Luis Wealth Advisors LLC decreased its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,509 shares of the retailer’s stock after selling 16 shares during the period. San Luis Wealth Advisors LLC’s holdings in Costco Wholesale were worth $1,382,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC acquired a new position in shares of Costco Wholesale in the third quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Costco Wholesale in the 3rd quarter valued at $58,000. Christopher J. Hasenberg Inc grew its holdings in Costco Wholesale by 329.4% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock valued at $65,000 after buying an additional 56 shares in the last quarter. VitalStone Financial LLC bought a new position in Costco Wholesale during the 3rd quarter worth $71,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of Costco Wholesale by 20.8% during the third quarter. Iron Horse Wealth Management LLC now owns 87 shares of the retailer’s stock worth $77,000 after buying an additional 15 shares in the last quarter. 68.48% of the stock is owned by institutional investors.

Costco Wholesale Trading Up 0.7 %

NASDAQ COST opened at $923.50 on Thursday. Costco Wholesale Co. has a twelve month low of $675.96 and a twelve month high of $1,008.25. The business’s fifty day moving average is $949.23 and its 200 day moving average is $900.20. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.25. The company has a market cap of $409.94 billion, a price-to-earnings ratio of 54.23, a price-to-earnings-growth ratio of 6.02 and a beta of 0.84.

Insider Activity

In related news, EVP Richard A. Galanti sold 1,416 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were 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 trade represents a 4.91 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

COST has been the topic of several research reports. UBS Group upped their price target on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird raised their target price on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Evercore ISI boosted their price target on Costco Wholesale from $1,019.00 to $1,020.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Sanford C. Bernstein initiated coverage on Costco Wholesale in a research note on Tuesday, October 22nd. They set an “outperform” rating and a $1,016.00 price objective on the stock. Finally, Wells Fargo & Company lifted their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Nine research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company’s stock. Based on data from MarketBeat, Costco Wholesale currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,013.59.

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.