Holistic Planning LLC Has $237,000 Holdings in Costco Wholesale Co. (NASDAQ:COST)

Holistic Planning LLC lifted its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 13.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 259 shares of the retailer’s stock after purchasing an additional 30 shares during the quarter. Holistic Planning LLC’s holdings in Costco Wholesale were worth $237,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Financial Life Planners bought a new position in Costco Wholesale in the 4th quarter valued at about $2,259,000. Prudent Investors Network Inc. lifted its holdings in shares of Costco Wholesale by 105.8% in the fourth quarter. Prudent Investors Network Inc. now owns 1,795 shares of the retailer’s stock valued at $1,645,000 after purchasing an additional 923 shares in the last quarter. Rice Partnership LLC boosted its position in shares of Costco Wholesale by 5.0% during the fourth quarter. Rice Partnership LLC now owns 13,223 shares of the retailer’s stock valued at $12,116,000 after buying an additional 633 shares during the last quarter. Lazari Capital Management Inc. grew its holdings in Costco Wholesale by 5.9% during the fourth quarter. Lazari Capital Management Inc. now owns 845 shares of the retailer’s stock worth $774,000 after buying an additional 47 shares in the last quarter. Finally, Resonant Capital Advisors LLC raised its position in Costco Wholesale by 0.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 5,509 shares of the retailer’s stock valued at $5,048,000 after buying an additional 23 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

COST has been the subject of several recent analyst reports. BMO Capital Markets upped their target price on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. Oppenheimer reaffirmed an “outperform” rating and issued a $1,075.00 price objective (up from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. TD Cowen lifted their target price on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Sanford C. Bernstein started coverage on Costco Wholesale in a research report on Tuesday, October 22nd. They set an “outperform” rating and a $1,016.00 price target for the company. Finally, Morgan Stanley lifted their price target on Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,013.59.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $1,021.86 on Wednesday. Costco Wholesale Co. has a 1-year low of $697.27 and a 1-year high of $1,024.35. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $453.60 billion, a PE ratio of 60.00, a price-to-earnings-growth ratio of 5.84 and a beta of 0.84. The firm’s 50 day simple moving average is $955.41 and its 200 day simple moving average is $909.45.

Costco Wholesale Announces Dividend

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

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.