Gouws Capital LLC Has $11.89 Million Stake in Costco Wholesale Co. (NASDAQ:COST)

Gouws Capital LLC trimmed its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,972 shares of the retailer’s stock after selling 190 shares during the period. Costco Wholesale makes up approximately 8.1% of Gouws Capital LLC’s holdings, making the stock its 3rd largest holding. Gouws Capital LLC’s holdings in Costco Wholesale were worth $11,886,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of Costco Wholesale during the 3rd quarter valued at about $29,000. Synergy Investment Management LLC bought a new position in Costco Wholesale during the fourth quarter worth about $31,000. NewSquare Capital LLC boosted its holdings in Costco Wholesale by 250.0% during the fourth quarter. NewSquare Capital LLC now owns 35 shares of the retailer’s stock valued at $32,000 after purchasing an additional 25 shares in the last quarter. Endeavor Private Wealth Inc. bought a new stake in shares of Costco Wholesale in the 4th quarter valued at approximately $33,000. Finally, Collier Financial acquired a new position in shares of Costco Wholesale in the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Price Performance

COST opened at $1,036.87 on Wednesday. The company has a fifty day moving average price of $986.01 and a two-hundred day moving average price of $941.00. 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 firm has a market capitalization of $460.27 billion, a PE ratio of 60.88, a P/E/G ratio of 6.15 and a beta of 0.84. Costco Wholesale Co. has a 52 week low of $697.27 and a 52 week high of $1,078.24.

Costco Wholesale Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $1.16 dividend. The ex-dividend date 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 presently 27.25%.

Wall Street Analyst Weigh In

Several analysts recently commented on COST shares. UBS Group boosted their price target on Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. TD Cowen upped their target price on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a report on Friday, December 13th. Robert W. Baird increased their target price on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Evercore ISI restated a “hold” rating on shares of Costco Wholesale in a research report on Friday, February 14th. Finally, Stifel Nicolaus upped their price objective on shares of Costco Wholesale from $1,000.00 to $1,075.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,021.93.

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.