227 Shares in Costco Wholesale Co. (NASDAQ:COST) Purchased by Corepath Wealth Partners LLC

Corepath Wealth Partners LLC purchased a new position in Costco Wholesale Co. (NASDAQ:COST) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 227 shares of the retailer’s stock, valued at approximately $209,000. Costco Wholesale makes up about 0.2% of Corepath Wealth Partners LLC’s holdings, making the stock its 29th largest position.

A number of other institutional investors also recently bought and sold shares of COST. RPg Family Wealth Advisory LLC bought a new position in Costco Wholesale in the third quarter worth about $29,000. Retirement Wealth Solutions LLC bought a new position in Costco Wholesale in the fourth quarter worth about $55,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in Costco Wholesale in the third quarter worth about $58,000. Dixon Mitchell Investment Counsel Inc. bought a new position in Costco Wholesale in the fourth quarter worth about $58,000. Finally, Christopher J. Hasenberg Inc raised its stake in Costco Wholesale by 329.4% in the third quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock worth $65,000 after buying an additional 56 shares in the last quarter. 68.48% of the stock is owned by institutional investors.

Costco Wholesale Trading Down 0.3 %

Shares of COST stock opened at $944.70 on Thursday. 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 $675.96 and a 12-month high of $1,008.25. The stock has a market capitalization of $419.35 billion, a P/E ratio of 55.47, a P/E/G ratio of 5.63 and a beta of 0.84. The firm’s 50 day moving average is $950.34 and its 200 day moving average is $902.74.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on COST. DA Davidson upped their price objective on shares of Costco Wholesale from $880.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Stifel Nicolaus upped their price objective on shares of Costco Wholesale from $935.00 to $1,000.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Evercore ISI upped their price objective on shares of Costco Wholesale from $1,019.00 to $1,020.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Barclays upped their price objective on shares of Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Finally, Morgan Stanley upped their price objective on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a report 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. According to data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average price target of $1,013.59.

About Costco Wholesale

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.