S. R. Schill & Associates Has $244,000 Stake in Costco Wholesale Co. (NASDAQ:COST)

S. R. Schill & Associates raised its holdings in Costco Wholesale Co. (NASDAQ:COST) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 266 shares of the retailer’s stock after purchasing an additional 20 shares during the quarter. Costco Wholesale makes up about 0.2% of S. R. Schill & Associates’ investment portfolio, making the stock its 21st largest position. S. R. Schill & Associates’ holdings in Costco Wholesale were worth $244,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of COST. Court Place Advisors LLC grew its stake in shares of Costco Wholesale by 1.2% during the fourth quarter. Court Place Advisors LLC now owns 1,222 shares of the retailer’s stock valued at $1,120,000 after purchasing an additional 15 shares during the last quarter. Integrity Wealth Solutions LLC lifted its holdings in Costco Wholesale by 55.4% during the 4th quarter. Integrity Wealth Solutions LLC now owns 421 shares of the retailer’s stock worth $386,000 after buying an additional 150 shares in the last quarter. Nilsine Partners LLC lifted its holdings in Costco Wholesale by 2.6% during the 4th quarter. Nilsine Partners LLC now owns 13,641 shares of the retailer’s stock worth $12,499,000 after buying an additional 347 shares in the last quarter. Lebenthal Global Advisors LLC boosted its position in Costco Wholesale by 10.4% in the 4th quarter. Lebenthal Global Advisors LLC now owns 1,335 shares of the retailer’s stock valued at $1,223,000 after buying an additional 126 shares during the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of Costco Wholesale by 12.3% in the 4th quarter. Foundations Investment Advisors LLC now owns 16,445 shares of the retailer’s stock valued at $15,068,000 after buying an additional 1,803 shares during the period. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Down 0.7 %

NASDAQ COST opened at $958.67 on Wednesday. The business has a fifty day moving average price of $952.49 and a two-hundred day moving average price of $904.81. The stock has a market capitalization of $425.55 billion, a PE ratio of 56.29, a PEG ratio of 5.63 and a beta of 0.84. Costco Wholesale Co. has a fifty-two week low of $686.26 and a fifty-two week high of $1,008.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43.

Costco Wholesale Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a $1.16 dividend. This represents a $4.64 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend is Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.25%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on COST. UBS Group upped their price target on Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Morgan Stanley upped their target price on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Oppenheimer reiterated an “outperform” rating and set a $1,075.00 price target (up previously from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. Jefferies Financial Group increased their price objective on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, BMO Capital Markets lifted their target price on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the stock an “outperform” rating in a report on Friday, December 13th. Nine research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Costco Wholesale has an average rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale 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.