Costco Wholesale Co. (NASDAQ:COST) Shares Sold by Apeiron RIA LLC

Apeiron RIA LLC decreased its holdings in Costco Wholesale Co. (NASDAQ:COST) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 673 shares of the retailer’s stock after selling 27 shares during the period. Apeiron RIA LLC’s holdings in Costco Wholesale were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. RPg Family Wealth Advisory LLC acquired a new position in Costco Wholesale during the 3rd quarter worth approximately $29,000. Endeavor Private Wealth Inc. acquired a new position in shares of Costco Wholesale during the fourth quarter worth $33,000. Retirement Wealth Solutions LLC purchased a new position in Costco Wholesale in the fourth quarter valued at $55,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Costco Wholesale in the third quarter valued at $58,000. Finally, Dixon Mitchell Investment Counsel Inc. purchased a new stake in Costco Wholesale during the 4th quarter worth about $58,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Stifel Nicolaus increased their price objective on Costco Wholesale from $935.00 to $1,000.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Telsey Advisory Group reissued an “outperform” rating and set a $1,100.00 price objective on shares of Costco Wholesale in a report on Thursday, January 9th. The Goldman Sachs Group upped their target price on shares of Costco Wholesale from $876.00 to $995.00 and gave the company a “buy” rating in a report on Friday, September 27th. TD Cowen lifted their price target on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, UBS Group upped their price objective on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Nine equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,013.59.

Costco Wholesale Trading Down 0.3 %

NASDAQ COST opened at $939.68 on Friday. Costco Wholesale Co. has a 52-week low of $675.96 and a 52-week high of $1,008.25. The firm has a 50-day moving average price of $950.92 and a 200 day moving average price of $903.31. The stock has a market capitalization of $417.12 billion, a P/E ratio of 55.18, a P/E/G ratio of 5.63 and a beta of 0.84. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23.

Costco Wholesale Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $1.16 dividend. The ex-dividend date is Friday, February 7th. This represents a $4.64 annualized dividend and a dividend yield of 0.49%. 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.