Barlow Wealth Partners Inc. Has $30.71 Million Stock Holdings in Costco Wholesale Co. (NASDAQ:COST)

Barlow Wealth Partners Inc. lifted its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 33,255 shares of the retailer’s stock after purchasing an additional 1,139 shares during the period. Costco Wholesale comprises about 3.9% of Barlow Wealth Partners Inc.’s investment portfolio, making the stock its 5th biggest holding. Barlow Wealth Partners Inc.’s holdings in Costco Wholesale were worth $30,711,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new stake in shares of Costco Wholesale during the 2nd quarter worth approximately $4,202,000. Beck Bode LLC increased its position in Costco Wholesale by 1.7% in the second quarter. Beck Bode LLC now owns 15,957 shares of the retailer’s stock worth $13,563,000 after buying an additional 260 shares during the period. Royal Capital Wealth Management LLC lifted its stake in Costco Wholesale by 20.8% in the second quarter. Royal Capital Wealth Management LLC now owns 871 shares of the retailer’s stock valued at $740,000 after buying an additional 150 shares during the last quarter. Insigneo Advisory Services LLC boosted its holdings in shares of Costco Wholesale by 11.9% during the second quarter. Insigneo Advisory Services LLC now owns 5,385 shares of the retailer’s stock valued at $4,318,000 after acquiring an additional 572 shares during the period. Finally, Wescott Financial Advisory Group LLC bought a new position in shares of Costco Wholesale during the second quarter worth about $1,016,000. Institutional investors own 68.48% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on COST. Wells Fargo & Company lifted their price objective on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. TD Cowen lifted their price target on Costco Wholesale from $975.00 to $1,090.00 and gave the company a “buy” rating in a report on Friday, December 13th. Evercore ISI raised their target price on Costco Wholesale from $1,019.00 to $1,020.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Robert W. Baird boosted their price target on Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Finally, Stifel Nicolaus boosted their price target on Costco Wholesale from $935.00 to $1,000.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Nine analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat, Costco Wholesale has an average rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale Trading Down 0.3 %

NASDAQ:COST opened at $944.70 on Thursday. The stock has a market cap of $419.35 billion, a PE ratio of 55.47, a price-to-earnings-growth ratio of 5.63 and a beta of 0.84. Costco Wholesale Co. has a fifty-two week low of $675.96 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. The stock’s 50-day moving average is $950.34 and its two-hundred day moving average is $902.74.

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.