Northwest Capital Management Inc Sells 201 Shares of Costco Wholesale Co. (NASDAQ:COST)

Northwest Capital Management Inc cut its position in Costco Wholesale Co. (NASDAQ:COST) by 15.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,060 shares of the retailer’s stock after selling 201 shares during the period. Northwest Capital Management Inc’s holdings in Costco Wholesale were worth $971,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in COST. RPg Family Wealth Advisory LLC acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $29,000. Endeavor Private Wealth Inc. bought a new stake in Costco Wholesale in the 4th quarter valued at $33,000. Collier Financial acquired a new stake in Costco Wholesale during the 4th quarter valued at $35,000. Barrett & Company Inc. boosted its position in Costco Wholesale by 59.3% during the fourth quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock worth $39,000 after purchasing an additional 16 shares during the period. Finally, FSC Wealth Advisors LLC acquired a new position in shares of Costco Wholesale in the fourth quarter valued at $41,000. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on COST shares. Truist Financial lifted their target price on shares of Costco Wholesale from $909.00 to $935.00 and gave the stock a “hold” rating in a report on Friday, December 13th. Roth Mkm boosted their price objective on Costco Wholesale from $755.00 to $907.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Wells Fargo & Company increased their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Evercore ISI restated a “hold” rating on shares of Costco Wholesale in a research note on Friday, February 14th. Finally, Raymond James increased their price objective on Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat, Costco Wholesale has a consensus rating of “Moderate Buy” and a consensus price target of $1,021.93.

Costco Wholesale Trading Up 0.0 %

Shares of COST opened at $1,035.03 on Monday. 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 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 price-to-earnings ratio of 60.78, a PEG ratio of 6.15 and a beta of 0.84. The business’s fifty day moving average is $975.61 and its 200-day moving average is $932.24.

Costco Wholesale Dividend Announcement

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 (DPR) is currently 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.