Thomasville National Bank Has $762,000 Stock Holdings in Costco Wholesale Co. (NASDAQ:COST)

Thomasville National Bank boosted its holdings in Costco Wholesale Co. (NASDAQ:COST) by 2.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 832 shares of the retailer’s stock after purchasing an additional 16 shares during the quarter. Thomasville National Bank’s holdings in Costco Wholesale were worth $762,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Geode Capital Management LLC lifted its position in shares of Costco Wholesale by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 9,487,057 shares of the retailer’s stock worth $8,380,648,000 after buying an additional 162,191 shares in the last quarter. FMR LLC grew its stake in Costco Wholesale by 3.6% in the 3rd quarter. FMR LLC now owns 9,308,615 shares of the retailer’s stock valued at $8,252,274,000 after buying an additional 324,973 shares in the last quarter. International Assets Investment Management LLC grew its stake in Costco Wholesale by 113,947.9% in the 3rd quarter. International Assets Investment Management LLC now owns 7,370,916 shares of the retailer’s stock valued at $6,534,464,000 after buying an additional 7,364,453 shares in the last quarter. Legal & General Group Plc grew its stake in Costco Wholesale by 2.5% in the 2nd quarter. Legal & General Group Plc now owns 3,650,562 shares of the retailer’s stock valued at $3,102,941,000 after buying an additional 88,550 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in Costco Wholesale by 3.8% in the 3rd quarter. Jennison Associates LLC now owns 3,399,127 shares of the retailer’s stock valued at $3,013,394,000 after buying an additional 125,444 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Costco Wholesale stock traded down $10.79 during mid-day trading on Monday, reaching $926.15. 605,389 shares of the company traded hands, compared to its average volume of 1,763,207. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.97 and a quick ratio of 0.44. Costco Wholesale Co. has a fifty-two week low of $675.96 and a fifty-two week high of $1,008.25. The company has a market capitalization of $411.12 billion, a price-to-earnings ratio of 54.38, a price-to-earnings-growth ratio of 6.02 and a beta of 0.84. The firm’s fifty day moving average is $947.92 and its two-hundred day moving average is $899.20.

Costco Wholesale Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were given a dividend of $1.16 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $4.64 annualized dividend and a yield of 0.50%. Costco Wholesale’s dividend payout ratio is presently 27.25%.

Wall Street Analysts Forecast Growth

COST has been the subject of a number of recent analyst reports. BMO Capital Markets boosted their price target on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. Roth Mkm upped their target price on shares of Costco Wholesale from $755.00 to $907.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. The Goldman Sachs Group upped their target price on shares of Costco Wholesale from $876.00 to $995.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Sanford C. Bernstein assumed coverage on shares of Costco Wholesale in a research note on Tuesday, October 22nd. They issued an “outperform” rating and a $1,016.00 price target for the company. Finally, Robert W. Baird boosted their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Nine analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Based on data from MarketBeat, Costco Wholesale has a consensus rating of “Moderate Buy” and an average target price of $1,013.59.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Pierre Riel sold 2,000 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $896.71, for a total transaction of $1,793,420.00. Following the transaction, the executive vice president now directly owns 10,210 shares of the company’s stock, valued at $9,155,409.10. This trade represents a 16.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Richard A. Galanti sold 1,416 shares of the stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $894.68, for a total transaction of $1,266,866.88. Following the transaction, the executive vice president now directly owns 27,400 shares in the company, valued at approximately $24,514,232. The trade was a 4.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is owned by company insiders.

Costco Wholesale Profile

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.