Costco Wholesale Corporation $COST Shares Bought by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. boosted its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 3.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,184 shares of the retailer’s stock after purchasing an additional 44 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in Costco Wholesale were worth $1,106,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in COST. Bulwark Capital Corp purchased a new position in Costco Wholesale in the second quarter valued at $25,000. Anderson Financial Strategies LLC increased its holdings in Costco Wholesale by 900.0% in the first quarter. Anderson Financial Strategies LLC now owns 40 shares of the retailer’s stock valued at $38,000 after buying an additional 36 shares in the last quarter. Financial Connections Group Inc. increased its holdings in Costco Wholesale by 975.0% in the second quarter. Financial Connections Group Inc. now owns 43 shares of the retailer’s stock valued at $42,000 after buying an additional 39 shares in the last quarter. eCIO Inc. purchased a new position in Costco Wholesale in the first quarter valued at $48,000. Finally, Aspect Partners LLC increased its holdings in Costco Wholesale by 24.4% in the first quarter. Aspect Partners LLC now owns 56 shares of the retailer’s stock valued at $53,000 after buying an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Up 0.6%

Shares of NASDAQ COST opened at $935.56 on Tuesday. Costco Wholesale Corporation has a 12-month low of $867.34 and a 12-month high of $1,078.23. The stock has a market cap of $414.62 billion, a PE ratio of 51.38, a P/E/G ratio of 5.64 and a beta of 0.98. The company has a current ratio of 1.03, a quick ratio of 0.55 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $951.65 and a 200 day moving average of $972.04.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Thursday, September 25th. The retailer reported $5.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.81 by $0.06. Costco Wholesale had a net margin of 2.94% and a return on equity of 30.09%. The company had revenue of $86.16 billion during the quarter, compared to analysts’ expectations of $86.01 billion. During the same quarter in the prior year, the company earned $5.15 EPS. Costco Wholesale’s revenue was up 8.1% compared to the same quarter last year. As a group, sell-side analysts predict that Costco Wholesale Corporation will post 18.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on COST. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Costco Wholesale in a report on Wednesday, October 8th. Wolfe Research started coverage on shares of Costco Wholesale in a research note on Thursday, September 18th. They set a “peer perform” rating for the company. Roth Capital set a $907.00 target price on shares of Costco Wholesale and gave the stock a “neutral” rating in a research note on Friday, September 26th. Telsey Advisory Group reissued an “outperform” rating and set a $1,100.00 target price on shares of Costco Wholesale in a research note on Wednesday, September 24th. Finally, Truist Financial cut their target price on shares of Costco Wholesale from $1,042.00 to $1,033.00 and set a “hold” rating for the company in a research note on Friday, September 26th. Nineteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,066.23.

Insider Activity

In other Costco Wholesale news, EVP Teresa A. Jones sold 600 shares of the business’s stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $992.05, for a total value of $595,230.00. Following the transaction, the executive vice president directly owned 2,362 shares in the company, valued at $2,343,222.10. The trade was a 20.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Russell D. Miller sold 3,381 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $915.00, for a total transaction of $3,093,615.00. Following the completion of the transaction, the executive vice president owned 9,740 shares in the company, valued at $8,912,100. The trade was a 25.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by corporate insiders.

About Costco Wholesale

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.