Costco Wholesale Co. (NASDAQ:COST) Shares Bought by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. lifted its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,672 shares of the retailer’s stock after acquiring an additional 130 shares during the period. Costco Wholesale comprises approximately 0.8% of Integral Investment Advisors Inc.’s holdings, making the stock its 24th largest holding. Integral Investment Advisors Inc.’s holdings in Costco Wholesale were worth $2,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in COST. RPg Family Wealth Advisory LLC bought a new position in Costco Wholesale during the 3rd quarter worth $29,000. Endeavor Private Wealth Inc. bought a new position in Costco Wholesale during the 4th quarter worth $33,000. Collier Financial bought a new position in shares of Costco Wholesale in the fourth quarter worth $35,000. Barrett & Company Inc. grew 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 worth $39,000 after purchasing an additional 16 shares in the last quarter. Finally, FSC Wealth Advisors LLC bought a new position in shares of Costco Wholesale in the fourth quarter worth $41,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

COST has been the subject of several recent analyst reports. UBS Group increased their price target on Costco Wholesale from $840.00 to $1,040.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Raymond James increased their price target on Costco Wholesale from $990.00 to $1,030.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Telsey Advisory Group reissued an “outperform” rating on shares of Costco Wholesale in a research note on Friday, February 14th. Wells Fargo & Company upped their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a report on Friday, December 13th. Finally, Oppenheimer restated an “outperform” rating and issued a $1,075.00 price objective (up previously from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. Ten investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.93.

Costco Wholesale Price Performance

Costco Wholesale stock opened at $1,035.03 on Friday. The business has a 50 day simple moving average of $975.61 and a 200 day simple moving average of $931.39. Costco Wholesale Co. has a one year low of $697.27 and a one year high of $1,078.23. The company has a market capitalization of $459.45 billion, a PE ratio of 60.78, a price-to-earnings-growth ratio of 6.15 and a beta of 0.84. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were paid a $1.16 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $4.64 annualized dividend and a dividend yield of 0.45%. Costco Wholesale’s dividend payout ratio (DPR) is currently 27.25%.

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.