Lenox Wealth Advisors LLC decreased its holdings in Costco Wholesale Co. (NASDAQ:COST) by 9.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,500 shares of the retailer’s stock after selling 250 shares during the quarter. Lenox Wealth Advisors LLC’s holdings in Costco Wholesale were worth $605,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Atalanta Sosnoff Capital LLC boosted its stake in shares of Costco Wholesale by 10.4% in the first quarter. Atalanta Sosnoff Capital LLC now owns 74,167 shares of the retailer’s stock valued at $17,959,000 after purchasing an additional 6,967 shares during the period. TrimTabs Asset Management LLC boosted its stake in shares of Costco Wholesale by 5.0% in the first quarter. TrimTabs Asset Management LLC now owns 6,474 shares of the retailer’s stock valued at $1,568,000 after purchasing an additional 308 shares during the period. We Are One Seven LLC boosted its stake in shares of Costco Wholesale by 69.8% in the first quarter. We Are One Seven LLC now owns 1,883 shares of the retailer’s stock valued at $456,000 after purchasing an additional 774 shares during the period. Somerset Trust Co boosted its stake in shares of Costco Wholesale by 0.9% in the first quarter. Somerset Trust Co now owns 13,102 shares of the retailer’s stock valued at $3,172,000 after purchasing an additional 114 shares during the period. Finally, Joel Isaacson & Co. LLC raised its holdings in Costco Wholesale by 55.0% in the first quarter. Joel Isaacson & Co. LLC now owns 2,818 shares of the retailer’s stock valued at $682,000 after acquiring an additional 1,000 shares in the last quarter. 72.22% of the stock is owned by institutional investors and hedge funds.

Several analysts recently weighed in on COST shares. Bank of America set a $255.00 target price on shares of Costco Wholesale and gave the company a “buy” rating in a report on Friday, March 8th. TheStreet cut shares of Costco Wholesale from an “a” rating to a “c” rating in a report on Wednesday, January 16th. Raymond James raised their target price on shares of Costco Wholesale from $240.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, March 8th. Evercore ISI started coverage on shares of Costco Wholesale in a report on Wednesday, March 20th. They issued an “outperform” rating and a $260.00 target price on the stock. Finally, Morgan Stanley set a $220.00 target price on shares of Costco Wholesale and gave the company a “hold” rating in a report on Friday, March 8th. Seven research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $248.00.

In other news, Director Susan L. Decker sold 2,350 shares of Costco Wholesale stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $240.00, for a total value of $564,000.00. Following the transaction, the director now directly owns 46,239 shares of the company’s stock, valued at approximately $11,097,360. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Richard A. Galanti sold 4,188 shares of Costco Wholesale stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $230.47, for a total transaction of $965,208.36. Following the completion of the transaction, the vice president now directly owns 30,082 shares in the company, valued at $6,932,998.54. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,587 shares of company stock worth $2,004,576. 0.21% of the stock is owned by corporate insiders.

COST stock opened at $245.81 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.46 and a current ratio of 0.96. Costco Wholesale Co. has a twelve month low of $189.51 and a twelve month high of $247.25. The company has a market cap of $108.13 billion, a price-to-earnings ratio of 32.01, a P/E/G ratio of 3.47 and a beta of 0.95.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, March 7th. The retailer reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.34. Costco Wholesale had a net margin of 2.34% and a return on equity of 25.53%. The company had revenue of $35.40 billion for the quarter. During the same period in the previous year, the business posted $1.59 EPS. As a group, analysts predict that Costco Wholesale Co. will post 7.9 earnings per share for the current year.

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Costco Wholesale Profile

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances.

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

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