Holistic Financial Partners Makes New Investment in Costco Wholesale Co. (NASDAQ:COST)

Holistic Financial Partners bought a new position in Costco Wholesale Co. (NASDAQ:COST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 227 shares of the retailer’s stock, valued at approximately $208,000.

A number of other large investors have also recently bought and sold shares of the business. Cromwell Holdings LLC lifted its holdings in Costco Wholesale by 0.9% in the fourth quarter. Cromwell Holdings LLC now owns 1,144 shares of the retailer’s stock worth $1,048,000 after acquiring an additional 10 shares during the last quarter. 44 Wealth Management LLC increased its stake in shares of Costco Wholesale by 0.3% in the fourth quarter. 44 Wealth Management LLC now owns 3,488 shares of the retailer’s stock valued at $3,196,000 after purchasing an additional 10 shares during the period. Sculati Wealth Management LLC increased its stake in shares of Costco Wholesale by 0.3% in the third 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 during the period. Sivia Capital Partners LLC increased its stake in shares of Costco Wholesale by 0.3% in the fourth 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 during the period. Finally, Gill Capital Partners LLC increased its stake in shares of Costco Wholesale by 0.9% in the fourth 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 during the period. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Up 0.0 %

Shares of NASDAQ:COST opened at $1,035.03 on Monday. The company has a 50 day moving average price of $975.61 and a 200 day moving average price of $932.24. Costco Wholesale Co. has a 1-year low of $697.27 and a 1-year high of $1,078.23. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The stock has a market capitalization of $459.45 billion, a price-to-earnings ratio of 60.78, a PEG ratio of 6.15 and a beta of 0.84.

Costco Wholesale Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date was Friday, February 7th. Costco Wholesale’s dividend payout ratio is 27.25%.

Analysts Set New Price Targets

COST has been the topic of several analyst reports. Jefferies Financial Group raised their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Robert W. Baird raised their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Citigroup raised their price target on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Truist Financial raised their price target on shares of Costco Wholesale from $909.00 to $935.00 and gave the company a “hold” rating in a research note on Friday, December 13th. Finally, Stifel Nicolaus raised their price target on shares of Costco Wholesale from $1,000.00 to $1,075.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Company 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.