Capital Advisors Ltd. LLC Buys 14 Shares of Costco Wholesale Co. (NASDAQ:COST)

Capital Advisors Ltd. LLC grew its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,343 shares of the retailer’s stock after buying an additional 14 shares during the period. Capital Advisors Ltd. LLC’s holdings in Costco Wholesale were worth $1,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Midwest Capital Advisors LLC bought a new stake in Costco Wholesale in the fourth quarter worth $210,000. Ascent Wealth Partners LLC increased its position in Costco Wholesale by 201.8% in the fourth quarter. Ascent Wealth Partners LLC now owns 1,687 shares of the retailer’s stock worth $1,546,000 after purchasing an additional 1,128 shares during the last quarter. MONECO Advisors LLC increased its position in Costco Wholesale by 2.2% in the fourth quarter. MONECO Advisors LLC now owns 2,871 shares of the retailer’s stock worth $2,631,000 after purchasing an additional 63 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co increased its position in Costco Wholesale by 1.4% in the fourth quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 7,395 shares of the retailer’s stock worth $6,776,000 after purchasing an additional 100 shares during the last quarter. Finally, Lansing Street Advisors increased its position in Costco Wholesale by 23.9% in the fourth quarter. Lansing Street Advisors now owns 420 shares of the retailer’s stock worth $385,000 after purchasing an additional 81 shares during the last quarter. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Up 0.0 %

Costco Wholesale stock opened at $1,035.03 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,078.23. The stock’s 50 day simple moving average is $975.61 and its two-hundred day simple moving average is $932.24. The firm has a market cap of $459.45 billion, a PE ratio of 60.78, a P/E/G ratio of 6.15 and a beta of 0.84.

Costco Wholesale Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were given a dividend of $1.16 per share. 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 27.25%.

Wall Street Analysts Forecast Growth

COST has been the topic of a number of analyst reports. Roth Mkm boosted their price objective on shares of Costco Wholesale from $755.00 to $907.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Jefferies Financial Group boosted their price objective on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. UBS Group boosted their price objective on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Oppenheimer reissued an “outperform” rating and set a $1,075.00 target price (up from $980.00) on shares of Costco Wholesale in a research note on Tuesday, December 10th. Finally, Telsey Advisory Group reissued an “outperform” rating on shares of Costco Wholesale in a research note on Friday, February 14th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,021.93.

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.