Mizuho Securities USA LLC purchased a new stake in Costco Wholesale Co. (NASDAQ:COST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 11,600 shares of the retailer’s stock, valued at approximately $2,159,000.

Other large investors have also recently made changes to their positions in the company. Wealthcare Advisory Partners LLC acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $102,000. Jacobus Wealth Management Inc. acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $103,000. Almanack Investment Partners LLC. acquired a new stake in shares of Costco Wholesale in the second quarter valued at approximately $101,000. Shamrock Asset Management LLC increased its stake in shares of Costco Wholesale by 171.3% in the third quarter. Shamrock Asset Management LLC now owns 662 shares of the retailer’s stock valued at $109,000 after purchasing an additional 418 shares during the period. Finally, Zions Bancorporation increased its stake in shares of Costco Wholesale by 148.4% in the third quarter. Zions Bancorporation now owns 688 shares of the retailer’s stock valued at $113,000 after purchasing an additional 411 shares during the period. Institutional investors own 72.06% of the company’s stock.

Costco Wholesale Co. (COST) opened at $180.72 on Monday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.98 and a quick ratio of 0.43. The stock has a market cap of $79,355.22, a P/E ratio of 30.07, a price-to-earnings-growth ratio of 2.95 and a beta of 0.99. Costco Wholesale Co. has a 12-month low of $150.00 and a 12-month high of $199.88.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, December 14th. The retailer reported $1.36 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.01. The firm had revenue of $31.81 billion for the quarter, compared to analyst estimates of $31.01 billion. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.39%. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.24 earnings per share. equities analysts forecast that Costco Wholesale Co. will post 6.71 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Friday, February 16th will be given a $0.50 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $2.00 annualized dividend and a yield of 1.11%. Costco Wholesale’s dividend payout ratio (DPR) is 31.80%.

Several equities research analysts have commented on the stock. Vetr lowered shares of Costco Wholesale from a “buy” rating to a “hold” rating and set a $200.28 price target on the stock. in a research note on Monday, January 22nd. BMO Capital Markets set a $223.00 price target on shares of Costco Wholesale and gave the company a “buy” rating in a research note on Wednesday, January 24th. Oppenheimer restated a “buy” rating on shares of Costco Wholesale in a research note on Friday, December 15th. Susquehanna Bancshares raised their price target on shares of Costco Wholesale from $205.00 to $215.00 and gave the company a “positive” rating in a research note on Friday, December 15th. Finally, Barclays restated a “buy” rating and issued a $208.00 price target on shares of Costco Wholesale in a research note on Tuesday, December 19th. Nine analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $189.97.

In other Costco Wholesale news, Director Richard M. Libenson sold 20,000 shares of Costco Wholesale stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $193.03, for a total value of $3,860,600.00. Following the transaction, the director now owns 3,919 shares in the company, valued at $756,484.57. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John W. Meisenbach sold 3,000 shares of Costco Wholesale stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $193.41, for a total transaction of $580,230.00. Following the completion of the transaction, the director now owns 8,654 shares in the company, valued at approximately $1,673,770.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 91,185 shares of company stock worth $17,408,817. 0.58% of the stock is currently owned by company insiders.

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Costco Wholesale Profile

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.

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Institutional Ownership by Quarter for Costco Wholesale (NASDAQ:COST)

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