Pure Portfolios Holdings LLC Sells 15 Shares of Costco Wholesale Co. (NASDAQ:COST)

Pure Portfolios Holdings LLC decreased its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 879 shares of the retailer’s stock after selling 15 shares during the period. Pure Portfolios Holdings LLC’s holdings in Costco Wholesale were worth $806,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC acquired a new stake in Costco Wholesale in the 3rd quarter worth about $29,000. Endeavor Private Wealth Inc. acquired a new stake in shares of Costco Wholesale in the fourth quarter valued at approximately $33,000. Collier Financial bought a new stake in shares of Costco Wholesale in the fourth quarter valued at approximately $35,000. Barrett & Company Inc. boosted its stake in shares of Costco Wholesale by 59.3% in the fourth quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock valued at $39,000 after buying an additional 16 shares during the period. Finally, FSC Wealth Advisors LLC acquired a new stake in Costco Wholesale during the fourth quarter worth approximately $41,000. Institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Telsey Advisory Group reiterated an “outperform” rating and set a $1,100.00 target price on shares of Costco Wholesale in a research report on Monday, February 3rd. BMO Capital Markets upped their price objective on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Barclays raised their target price on shares of Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Robert W. Baird upped their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a report on Thursday, December 5th. Finally, Truist Financial lifted their price objective 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. Nine research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,021.93.

Costco Wholesale Stock Down 0.5 %

Shares of NASDAQ:COST opened at $1,071.85 on Monday. The firm has a market cap of $475.79 billion, a P/E ratio of 62.94, a P/E/G ratio of 6.26 and a beta of 0.84. Costco Wholesale Co. has a 12-month low of $697.27 and a 12-month high of $1,078.23. The business has a fifty day simple moving average of $969.49 and a 200 day simple moving average of $923.13. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Friday, February 7th. 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.