Integrated Investment Consultants LLC grew its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 5.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,706 shares of the retailer’s stock after purchasing an additional 89 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Costco Wholesale were worth $606,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vigilant Capital Management LLC boosted its stake in shares of Costco Wholesale by 3.8% during the 3rd quarter. Vigilant Capital Management LLC now owns 742 shares of the retailer’s stock worth $263,000 after acquiring an additional 27 shares in the last quarter. Integer Wealth Advisors Group LLC raised its holdings in Costco Wholesale by 2.3% during the third quarter. Integer Wealth Advisors Group LLC now owns 1,217 shares of the retailer’s stock valued at $432,000 after buying an additional 27 shares in the last quarter. Harbour Capital Advisors LLC raised its holdings in Costco Wholesale by 0.3% during the third quarter. Harbour Capital Advisors LLC now owns 8,606 shares of the retailer’s stock valued at $3,055,000 after buying an additional 28 shares in the last quarter. Good Life Advisors LLC increased its stake in shares of Costco Wholesale by 2.4% in the third quarter. Good Life Advisors LLC now owns 1,270 shares of the retailer’s stock worth $450,000 after purchasing an additional 30 shares during the period. Finally, Watson Rebecca increased its stake in shares of Costco Wholesale by 3.6% in the third quarter. Watson Rebecca now owns 862 shares of the retailer’s stock worth $306,000 after purchasing an additional 30 shares during the period. 68.20% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Costco Wholesale from $305.00 to $310.00 and gave the stock a “hold” rating in a research note on Thursday, October 8th. They noted that the move was a valuation call. Morgan Stanley lifted their price objective on Costco Wholesale from $330.00 to $360.00 and gave the company an “overweight” rating in a report on Friday, September 25th. Raymond James lifted their price objective on Costco Wholesale from $355.00 to $365.00 and gave the company an “outperform” rating in a report on Friday, September 25th. MKM Partners lifted their price objective on Costco Wholesale from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Friday, September 25th. Finally, JPMorgan Chase & Co. lifted their price objective on Costco Wholesale from $365.00 to $405.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Eleven investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $368.54.

Shares of COST traded down $5.39 during trading hours on Wednesday, reaching $367.33. The stock had a trading volume of 82,481 shares, compared to its average volume of 2,844,937. The company has a quick ratio of 0.64, a current ratio of 1.13 and a debt-to-equity ratio of 0.40. Costco Wholesale Co. has a 52 week low of $271.28 and a 52 week high of $384.87. The firm has a 50-day moving average of $357.24 and a 200 day moving average of $327.33. The company has a market cap of $164.45 billion, a P/E ratio of 40.72, a P/E/G ratio of 4.60 and a beta of 0.69.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, September 24th. The retailer reported $3.13 EPS for the quarter, beating the Zacks’ consensus estimate of $2.85 by $0.28. Costco Wholesale had a net margin of 2.40% and a return on equity of 22.71%. The business had revenue of $52.28 billion during the quarter, compared to analysts’ expectations of $52.03 billion. During the same quarter in the prior year, the company earned $2.69 EPS. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. As a group, equities analysts expect that Costco Wholesale Co. will post 9.6 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, October 29th. Costco Wholesale’s payout ratio is presently 31.64%.

In related news, VP Joseph P. Portera sold 6,000 shares of the company’s stock in a transaction on Tuesday, September 29th. The shares were sold at an average price of $348.00, for a total value of $2,088,000.00. Following the completion of the transaction, the vice president now directly owns 6,211 shares of the company’s stock, valued at approximately $2,161,428. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Susan L. Decker sold 1,250 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $335.84, for a total transaction of $419,800.00. Following the completion of the transaction, the director now directly owns 25,497 shares of the company’s stock, valued at $8,562,912.48. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,804 shares of company stock valued at $5,460,267. Company insiders own 0.22% of the company’s stock.

About Costco Wholesale

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. It offers branded and private-label products in a range of merchandise categories.

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

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