Wealth Enhancement Advisory Providers LLC lifted its place in shares of Costco Wholesale Co. (NASDAQ:COST – Free Report) by 6.7% throughout the third quarter, HoldingsChannel reviews. The fund owned 122,992 shares of the retailer’s inventory after buying a further 7,684 shares throughout the interval. Wealth Enhancement Advisory Providers LLC’s holdings in Costco Wholesale have been value $109,034,000 on the finish of the latest reporting interval.
Plenty of different institutional traders have additionally not too long ago modified their holdings of the enterprise. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in Costco Wholesale by 62.8% throughout the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,417 shares of the retailer’s inventory valued at $2,143,000 after buying a further 932 shares within the final quarter. J.W. Cole Advisors Inc. lifted its stake in Costco Wholesale by 52.1% within the 2nd quarter. J.W. Cole Advisors Inc. now owns 7,645 shares of the retailer’s inventory valued at $6,499,000 after shopping for a further 2,620 shares within the final quarter. Patton Fund Administration Inc. bought a brand new place in Costco Wholesale within the third quarter valued at about $6,424,000. WestHill Monetary Advisors Inc. boosted its holdings in Costco Wholesale by 328.4% within the third quarter. WestHill Monetary Advisors Inc. now owns 1,435 shares of the retailer’s inventory value $1,272,000 after shopping for a further 1,100 shares over the last quarter. Lastly, Foremost Road Monetary Options LLC elevated its stake in Costco Wholesale by 22.8% throughout the 2nd quarter. Foremost Road Monetary Options LLC now owns 3,533 shares of the retailer’s inventory value $3,003,000 after shopping for a further 656 shares within the final quarter. 68.48% of the inventory is presently owned by institutional traders and hedge funds.
Analysts Set New Value Targets
COST has been the subject of a number of analysis reviews. DA Davidson restated a “impartial” ranking and issued a $880.00 goal worth on shares of Costco Wholesale in a analysis report on Thursday, October tenth. BMO Capital Markets reaffirmed an “outperform” ranking and set a $980.00 goal worth (up beforehand from $950.00) on shares of Costco Wholesale in a analysis be aware on Friday, September twenty seventh. Deutsche Financial institution Aktiengesellschaft upped their goal worth on shares of Costco Wholesale from $925.00 to $927.00 and gave the inventory a “purchase” ranking in a report on Thursday, August eighth. Melius Analysis began protection on shares of Costco Wholesale in a analysis be aware on Monday, September twenty third. They issued a “maintain” ranking and a $950.00 worth goal on the inventory. Lastly, Morgan Stanley upped their worth goal on shares of Costco Wholesale from $855.00 to $950.00 and gave the corporate an “chubby” ranking in a analysis be aware on Monday, September ninth. Ten analysis analysts have rated the inventory with a maintain ranking and nineteen have assigned a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, the corporate has a mean ranking of “Average Purchase” and a mean goal worth of $894.57.
View Our Newest Inventory Report on COST
Insider Exercise
In associated information, EVP Richard A. Galanti offered 500 shares of the corporate’s inventory in a transaction that occurred on Thursday, August fifteenth. The inventory was offered at a mean worth of $874.05, for a complete worth of $437,025.00. Following the completion of the transaction, the chief vice chairman now instantly owns 22,900 shares of the corporate’s inventory, valued at $20,015,745. This represents a 0.00 % lower of their possession of the inventory. The sale was disclosed in a doc filed with the SEC, which is on the market via this hyperlink. In different information, EVP Richard A. Galanti offered 1,416 shares of Costco Wholesale inventory in a transaction dated Thursday, October twenty fourth. The inventory was offered at a mean worth of $894.68, for a complete transaction of $1,266,866.88. Following the sale, the chief vice chairman now owns 27,400 shares within the firm, valued at roughly $24,514,232. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a doc filed with the Securities & Change Fee, which is accessible via this hyperlink. Additionally, EVP Richard A. Galanti offered 500 shares of Costco Wholesale inventory in a transaction that occurred on Thursday, August fifteenth. The inventory was offered at a mean worth of $874.05, for a complete worth of $437,025.00. Following the transaction, the chief vice chairman now instantly owns 22,900 shares within the firm, valued at roughly $20,015,745. This commerce represents a 0.00 % lower of their place. The disclosure for this sale could be discovered right here. Within the final 90 days, insiders have offered 12,636 shares of firm inventory value $11,238,510. 0.18% of the inventory is presently owned by insiders.
Costco Wholesale Buying and selling Down 0.2 %
Shares of NASDAQ COST opened at $891.22 on Monday. The inventory has a fifty day easy shifting common of $891.76 and a 200-day easy shifting common of $840.23. Costco Wholesale Co. has a twelve month low of $540.23 and a twelve month excessive of $923.83. The corporate has a present ratio of 0.97, a fast ratio of 0.44 and a debt-to-equity ratio of 0.25. The inventory has a market capitalization of $395.11 billion, a PE ratio of 55.22, a PEG ratio of 5.50 and a beta of 0.80.
Costco Wholesale (NASDAQ:COST – Get Free Report) final posted its quarterly earnings outcomes on Thursday, September twenty sixth. The retailer reported $5.15 EPS for the quarter, topping the consensus estimate of $5.05 by $0.10. Costco Wholesale had a web margin of two.90% and a return on fairness of 31.05%. The enterprise had income of $79.70 billion throughout the quarter, in comparison with the consensus estimate of $79.91 billion. Throughout the identical quarter within the earlier yr, the agency posted $4.86 earnings per share. The corporate’s quarterly income was up 1.0% in comparison with the identical quarter final yr. On common, equities analysts forecast that Costco Wholesale Co. will put up 17.75 earnings per share for the present yr.
Costco Wholesale Dividend Announcement
The agency additionally not too long ago declared a quarterly dividend, which can be paid on Friday, November fifteenth. Shareholders of document on Friday, November 1st can be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized foundation and a yield of 0.52%. The ex-dividend date is Friday, November 1st. Costco Wholesale’s dividend payout ratio is presently 28.75%.
About Costco Wholesale
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 provides branded and private-label merchandise in a variety 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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