Westwood Holdings Group Inc. lowered its stake in Costco Wholesale Co. (NASDAQ:COST – Free Report) by 18.9% within the second quarter, in accordance with its most up-to-date Kind 13F submitting with the Securities and Trade Fee. The fund owned 12,764 shares of the retailer’s inventory after promoting 2,966 shares throughout the quarter. Westwood Holdings Group Inc.’s holdings in Costco Wholesale had been price $10,849,000 as of its most up-to-date SEC submitting.
Quite a few different hedge funds additionally just lately made adjustments to their positions within the inventory. Robust Tower Advisory Companies grew its stake in shares of Costco Wholesale by 7.9% throughout the first quarter. Robust Tower Advisory Companies now owns 1,867 shares of the retailer’s inventory price $1,346,000 after shopping for a further 137 shares over the last quarter. J.W. Cole Advisors Inc. grew its place in Costco Wholesale by 52.1% throughout the 2nd quarter. J.W. Cole Advisors Inc. now owns 7,645 shares of the retailer’s inventory price $6,499,000 after buying a further 2,620 shares over the last quarter. Predominant Avenue Monetary Options LLC elevated its holdings in Costco Wholesale by 22.8% within the 2nd quarter. Predominant Avenue Monetary Options LLC now owns 3,533 shares of the retailer’s inventory price $3,003,000 after buying a further 656 shares within the final quarter. Parcion Personal Wealth LLC raised its place in Costco Wholesale by 30.8% within the second quarter. Parcion Personal Wealth LLC now owns 5,596 shares of the retailer’s inventory valued at $4,757,000 after buying a further 1,319 shares over the last quarter. Lastly, Aspiriant LLC boosted its stake in shares of Costco Wholesale by 6.1% throughout the first quarter. Aspiriant LLC now owns 2,327 shares of the retailer’s inventory valued at $1,705,000 after buying a further 134 shares within the final quarter. 68.48% of the inventory is at the moment owned by institutional buyers and hedge funds.
Insider Shopping for and Promoting
In different Costco Wholesale information, Director Susan L. Decker bought 620 shares of Costco Wholesale inventory in a transaction dated Thursday, August fifteenth. The inventory was bought at a mean worth of $876.50, for a complete transaction of $543,430.00. Following the completion of the transaction, the director now owns 11,775 shares within the firm, valued at roughly $10,320,787.50. The transaction was disclosed in a doc filed with the Securities & Trade Fee, which is offered via the SEC web site. In associated information, insider Daniel M. Hines bought 1,500 shares of the agency’s inventory in a transaction dated Friday, July twelfth. The shares had been bought at a mean worth of $844.20, for a complete transaction of $1,266,300.00. Following the transaction, the insider now straight owns 12,492 shares of the corporate’s inventory, valued at $10,545,746.40. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which will be accessed via the SEC web site. Additionally, Director Susan L. Decker bought 620 shares of the corporate’s inventory in a transaction dated Thursday, August fifteenth. The inventory was bought at a mean worth of $876.50, for a complete transaction of $543,430.00. Following the completion of the sale, the director now straight owns 11,775 shares of the corporate’s inventory, valued at $10,320,787.50. The disclosure for this sale will be discovered right here. Insiders have bought 4,974 shares of firm inventory price $4,252,856 within the final quarter. Insiders personal 0.18% of the corporate’s inventory.
Analyst Upgrades and Downgrades
A number of analysis companies have just lately issued stories on COST. Financial institution of America upped their worth goal on Costco Wholesale from $874.00 to $962.00 and gave the corporate a “purchase” score in a analysis word on Thursday, July eleventh. Morgan Stanley upped their worth goal on shares of Costco Wholesale from $855.00 to $950.00 and gave the corporate an “obese” score in a analysis report on Monday, September ninth. Robert W. Baird lifted their worth goal on Costco Wholesale from $850.00 to $975.00 and gave the inventory an “outperform” score in a analysis word on Thursday, July eleventh. Stifel Nicolaus elevated their goal worth on shares of Costco Wholesale from $910.00 to $915.00 and gave the corporate a “purchase” score in a analysis report on Friday, September sixth. Lastly, StockNews.com raised shares of Costco Wholesale from a “maintain” score to a “purchase” score in a analysis word on Friday, September sixth. Eight analysts have rated the inventory with a maintain score and twenty have given a purchase score to the corporate’s inventory. In accordance with MarketBeat, the inventory at the moment has a mean score of “Reasonable Purchase” and a consensus worth goal of $844.52.
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Costco Wholesale Value Efficiency
Shares of COST opened at $906.98 on Friday. The inventory has a market cap of $402.10 billion, a P/E ratio of 56.19, a P/E/G ratio of 5.51 and a beta of 0.80. The enterprise’s fifty day shifting common is $864.85 and its 200 day shifting common is $811.25. The corporate has a fast ratio of 0.45, a present ratio of 0.94 and a debt-to-equity ratio of 0.27. Costco Wholesale Co. has a 12-month low of $540.23 and a 12-month excessive of $923.83.
Costco Wholesale Dividend Announcement
The agency additionally just lately introduced a quarterly dividend, which was paid on Friday, August ninth. Stockholders of document on Friday, July twenty sixth got a dividend of $1.16 per share. This represents a $4.64 annualized dividend and a dividend yield of 0.51%. The ex-dividend date was Friday, July twenty sixth. Costco Wholesale’s payout ratio is presently 28.75%.
Costco Wholesale Profile
(Free Report)
Costco Wholesale Company, along with its subsidiaries, engages within the operation of membership warehouses in the USA, Puerto Rico, Canada, Mexico, Japan, the UK, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The corporate gives branded and private-label merchandise in a spread of merchandise classes.
See Additionally
Need to see what different hedge funds are holding COST? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for Costco Wholesale Co. (NASDAQ:COST – Free Report).
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