Southland Equity Partners LLC boosted its stake in shares of Costco Wholesale Co. (NASDAQ:COST – Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 631 shares of the retailer’s stock after acquiring an additional 25 shares during the quarter. Southland Equity Partners LLC’s holdings in Costco Wholesale were worth $578,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the stock. Fermata Advisors LLC boosted its position in shares of Costco Wholesale by 0.6% during the 3rd quarter. Fermata Advisors LLC now owns 1,968 shares of the retailer’s stock valued at $1,745,000 after purchasing an additional 11 shares in the last quarter. Sculati Wealth Management LLC boosted its position in shares of Costco Wholesale by 0.3% during the 3rd quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock valued at $3,235,000 after purchasing an additional 11 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Costco Wholesale by 0.3% during the 4th quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer’s stock valued at $3,398,000 after purchasing an additional 11 shares in the last quarter. Gill Capital Partners LLC boosted its position in shares of Costco Wholesale by 0.9% during the 4th quarter. Gill Capital Partners LLC now owns 1,270 shares of the retailer’s stock valued at $1,164,000 after purchasing an additional 11 shares in the last quarter. Finally, Scott Capital Advisors LLC boosted its position in shares of Costco Wholesale by 0.8% during the 4th quarter. Scott Capital Advisors LLC now owns 1,348 shares of the retailer’s stock valued at $1,247,000 after purchasing an additional 11 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.
Costco Wholesale Stock Performance
NASDAQ:COST opened at $939.68 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. The business has a fifty day simple moving average of $951.57 and a two-hundred day simple moving average of $903.72. Costco Wholesale Co. has a 1 year low of $675.96 and a 1 year high of $1,008.25. The company has a market capitalization of $417.12 billion, a P/E ratio of 55.18, a P/E/G ratio of 5.63 and a beta of 0.84.
Costco Wholesale Announces Dividend
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on the company. Jefferies Financial Group upped their target price on Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Robert W. Baird increased their price target on Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Raymond James increased their price target on Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. TD Cowen increased their price target on Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, Truist Financial increased their price target on Costco Wholesale from $909.00 to $935.00 and gave the stock a “hold” 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. According to MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and an average price target of $1,013.59.
Read Our Latest Analysis on Costco Wholesale
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.
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