Costco Wholesale Co. (NASDAQ:COST) Stock Holdings Cut by Rothschild Investment LLC

Rothschild Investment LLC decreased its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,820 shares of the retailer’s stock after selling 436 shares during the period. Costco Wholesale makes up about 1.5% of Rothschild Investment LLC’s investment portfolio, making the stock its 10th largest position. Rothschild Investment LLC’s holdings in Costco Wholesale were worth $23,658,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Holistic Financial Partners bought a new position in shares of Costco Wholesale in the fourth quarter worth about $208,000. IFP Advisors Inc grew its holdings in Costco Wholesale by 23.1% during the 4th quarter. IFP Advisors Inc now owns 20,355 shares of the retailer’s stock worth $18,653,000 after acquiring an additional 3,822 shares in the last quarter. Roffman Miller Associates Inc. PA grew its holdings in Costco Wholesale by 11.4% during the 4th quarter. Roffman Miller Associates Inc. PA now owns 17,811 shares of the retailer’s stock worth $16,319,000 after acquiring an additional 1,821 shares in the last quarter. Genesis Wealth Advisors LLC bought a new position in Costco Wholesale during the 4th quarter worth about $220,000. Finally, Capital Advisors Ltd. LLC grew its holdings in Costco Wholesale by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 1,343 shares of the retailer’s stock worth $1,231,000 after acquiring an additional 14 shares in the last quarter. Institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Barclays increased their price target on shares of Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Evercore ISI reissued a “hold” rating on shares of Costco Wholesale in a research report on Friday, February 14th. UBS Group increased their price target on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Citigroup increased 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 report on Wednesday, December 18th. Finally, Robert W. Baird increased 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 report on Thursday, December 5th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Price Performance

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

Costco Wholesale Announces Dividend

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

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.