Integral Investment Advisors Inc. Has $2.45 Million Holdings in Costco Wholesale Co. (NASDAQ:COST)

Integral Investment Advisors Inc. increased its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 5.1% in the fourth quarter, Holdings Channel reports. The firm owned 2,672 shares of the retailer’s stock after buying an additional 130 shares during the quarter. Costco Wholesale accounts for approximately 0.8% of Integral Investment Advisors Inc.’s holdings, making the stock its 24th biggest holding. Integral Investment Advisors Inc.’s holdings in Costco Wholesale were worth $2,449,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in COST. AMF Tjanstepension AB bought a new position in Costco Wholesale during the third quarter worth about $42,896,000. Swedbank AB lifted its holdings in Costco Wholesale by 1.5% during the third quarter. Swedbank AB now owns 443,747 shares of the retailer’s stock worth $393,391,000 after acquiring an additional 6,495 shares in the last quarter. Global Trust Asset Management LLC lifted its holdings in Costco Wholesale by 4.2% during the third quarter. Global Trust Asset Management LLC now owns 2,725 shares of the retailer’s stock worth $2,416,000 after acquiring an additional 111 shares in the last quarter. DT Investment Partners LLC lifted its holdings in Costco Wholesale by 4.9% during the third quarter. DT Investment Partners LLC now owns 1,638 shares of the retailer’s stock worth $1,452,000 after acquiring an additional 77 shares in the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in shares of Costco Wholesale by 7.5% in the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,183 shares of the retailer’s stock valued at $1,935,000 after purchasing an additional 153 shares in the last quarter. 68.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

COST has been the topic of a number of research reports. Robert W. Baird boosted their price target on Costco Wholesale from $975.00 to $1,075.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Citigroup boosted their price target on Costco Wholesale from $800.00 to $1,060.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. DA Davidson boosted their price target on Costco Wholesale from $900.00 to $1,000.00 and gave the company a “neutral” rating in a report on Thursday, February 6th. Barclays boosted their price target on Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Finally, Jefferies Financial Group boosted their price target on Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Ten research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Costco Wholesale presently has an average rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Stock Up 0.0 %

Shares of NASDAQ:COST opened at $1,035.03 on Friday. Costco Wholesale Co. has a 52-week low of $697.27 and a 52-week high of $1,078.23. The firm has a market cap of $459.45 billion, a P/E ratio of 60.78, a PEG ratio of 6.15 and a beta of 0.84. 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 business’s 50 day simple moving average is $975.61 and its two-hundred day simple moving average is $931.39.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued 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 dividend yield of 0.45%. Costco Wholesale’s dividend payout ratio is presently 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.