Costco Wholesale Co. (NASDAQ:COST) Shares Acquired by Tradewinds Capital Management LLC

Tradewinds Capital Management LLC boosted its position in Costco Wholesale Co. (NASDAQ:COST) by 3.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,559 shares of the retailer’s stock after purchasing an additional 48 shares during the period. Tradewinds Capital Management LLC’s holdings in Costco Wholesale were worth $1,429,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. AMF Tjanstepension AB acquired a new stake in shares of Costco Wholesale in the third quarter valued at approximately $42,896,000. Swedbank AB grew its holdings in Costco Wholesale by 1.5% during the 3rd quarter. Swedbank AB now owns 443,747 shares of the retailer’s stock valued at $393,391,000 after buying an additional 6,495 shares during the last quarter. Global Trust Asset Management LLC increased its position in Costco Wholesale by 4.2% during the third quarter. Global Trust Asset Management LLC now owns 2,725 shares of the retailer’s stock worth $2,416,000 after buying an additional 111 shares in the last quarter. DT Investment Partners LLC raised its holdings in shares of Costco Wholesale by 4.9% in the third quarter. DT Investment Partners LLC now owns 1,638 shares of the retailer’s stock worth $1,452,000 after acquiring an additional 77 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV lifted its position in shares of Costco Wholesale by 7.5% in the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 2,183 shares of the retailer’s stock valued at $1,935,000 after acquiring an additional 153 shares in the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Oppenheimer reiterated an “outperform” rating and set a $1,075.00 price objective (up previously from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. UBS Group lifted their price target on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Robert W. Baird upped their price objective on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Telsey Advisory Group restated an “outperform” rating on shares of Costco Wholesale in a research report on Friday, February 14th. Finally, Citigroup boosted their price target on Costco Wholesale from $800.00 to $1,060.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Ten analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $1,035.03 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. The firm’s fifty day moving average price is $975.61 and its 200 day moving average price is $931.39. The company has a market capitalization of $459.45 billion, a price-to-earnings ratio of 60.78, a price-to-earnings-growth ratio of 6.15 and a beta of 0.84. Costco Wholesale Co. has a 12-month low of $697.27 and a 12-month high of $1,078.23.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Friday, February 7th. Costco Wholesale’s dividend payout ratio is currently 27.25%.

Costco Wholesale Company 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.