Costco Wholesale Co. (NASDAQ:COST) Shares Sold by Curtis Advisory Group LLC

Curtis Advisory Group LLC lowered its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,859 shares of the retailer’s stock after selling 25 shares during the quarter. Curtis Advisory Group LLC’s holdings in Costco Wholesale were worth $1,703,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. RPg Family Wealth Advisory LLC purchased a new stake in Costco Wholesale in the third quarter valued at approximately $29,000. Endeavor Private Wealth Inc. purchased a new stake in Costco Wholesale in the fourth quarter valued at approximately $33,000. Collier Financial purchased a new stake in Costco Wholesale in the fourth quarter valued at approximately $35,000. Barrett & Company Inc. boosted its position in Costco Wholesale by 59.3% in the fourth quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock valued at $39,000 after buying an additional 16 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new stake in Costco Wholesale in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Wall Street Analysts Forecast Growth

COST has been the topic of a number of recent research reports. Raymond James upped their target price on Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Telsey Advisory Group restated an “outperform” rating on shares of Costco Wholesale in a research report on Friday, February 14th. Barclays upped their price objective on Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Robert W. Baird upped their price objective on Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Loop Capital upped their price objective on Costco Wholesale from $1,005.00 to $1,095.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat, Costco Wholesale presently has a consensus rating of “Moderate Buy” and an average price target of $1,021.93.

Costco Wholesale Stock Up 0.0 %

Shares of 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 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 stock has a fifty day simple moving average of $975.61 and a two-hundred day simple moving average of $931.39. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Costco Wholesale Announces Dividend

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