Wall Street Financial Group Inc. Acquires 15 Shares of Costco Wholesale Co. (NASDAQ:COST)

Wall Street Financial Group Inc. increased its holdings in Costco Wholesale Co. (NASDAQ:COST) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 292 shares of the retailer’s stock after acquiring an additional 15 shares during the period. Wall Street Financial Group Inc.’s holdings in Costco Wholesale were worth $268,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in COST. Charles Schwab Investment Management Inc. boosted its holdings in Costco Wholesale by 1.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,808,255 shares of the retailer’s stock worth $2,489,574,000 after purchasing an additional 32,074 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Costco Wholesale by 62.8% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,417 shares of the retailer’s stock valued at $2,143,000 after buying an additional 932 shares during the last quarter. Hudson Value Partners LLC lifted its position in shares of Costco Wholesale by 7.6% during the 3rd quarter. Hudson Value Partners LLC now owns 8,046 shares of the retailer’s stock worth $7,133,000 after buying an additional 568 shares in the last quarter. Nwam LLC purchased a new position in shares of Costco Wholesale in the 3rd quarter worth approximately $20,056,000. Finally, CHURCHILL MANAGEMENT Corp bought a new position in shares of Costco Wholesale in the fourth quarter valued at approximately $8,430,000. Institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

COST has been the subject of a number of recent analyst reports. TD Cowen upped their price objective on Costco Wholesale from $975.00 to $1,090.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Wells Fargo & Company boosted their price target on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Robert W. Baird lifted their price objective 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. Stifel Nicolaus boosted their target price on shares of Costco Wholesale from $935.00 to $1,000.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, Loop Capital raised their price target on shares of Costco Wholesale from $1,005.00 to $1,095.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Nine research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Costco Wholesale presently has an average rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale Trading Down 0.3 %

Costco Wholesale stock opened at $944.70 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. Costco Wholesale Co. has a fifty-two week low of $675.96 and a fifty-two week high of $1,008.25. The stock has a market cap of $419.35 billion, a P/E ratio of 55.47, a PEG ratio of 5.63 and a beta of 0.84. The firm’s fifty day moving average price is $950.34 and its 200-day moving average price is $902.74.

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.