Costco Wholesale Co. (NASDAQ:COST) Holdings Boosted by Nikulski Financial Inc.

Nikulski Financial Inc. increased its holdings in Costco Wholesale Co. (NASDAQ:COST) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,991 shares of the retailer’s stock after buying an additional 99 shares during the quarter. Costco Wholesale accounts for about 3.2% of Nikulski Financial Inc.’s investment portfolio, making the stock its 4th largest position. Nikulski Financial Inc.’s holdings in Costco Wholesale were worth $10,987,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in COST. Charles Schwab Investment Management Inc. boosted its holdings in Costco Wholesale by 1.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,808,255 shares of the retailer’s stock worth $2,489,574,000 after buying an additional 32,074 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Costco Wholesale by 62.8% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,417 shares of the retailer’s stock worth $2,143,000 after acquiring an additional 932 shares during the period. Hudson Value Partners LLC grew its position in shares of Costco Wholesale by 7.6% during the third quarter. Hudson Value Partners LLC now owns 8,046 shares of the retailer’s stock worth $7,133,000 after purchasing an additional 568 shares in the last quarter. Nwam LLC bought a new stake in Costco Wholesale during the 3rd quarter valued at approximately $20,056,000. Finally, CHURCHILL MANAGEMENT Corp bought a new position in Costco Wholesale in the 4th quarter worth approximately $8,430,000. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Down 0.3 %

COST stock opened at $939.68 on Monday. The company has a fifty day moving average price of $951.57 and a 200 day moving average price of $903.84. Costco Wholesale Co. has a 12 month low of $675.96 and a 12 month high of $1,008.25. The company has a market cap of $417.12 billion, a price-to-earnings ratio of 55.18, a price-to-earnings-growth ratio of 5.63 and a beta of 0.84. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be given a $1.16 dividend. The ex-dividend date is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a yield of 0.49%. Costco Wholesale’s dividend payout ratio (DPR) is 27.25%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Loop Capital increased their price objective on shares of Costco Wholesale from $1,005.00 to $1,095.00 and gave the company a “buy” rating in a report on Friday, December 13th. Raymond James increased their price objective on shares of Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. DA Davidson increased their price objective on shares of Costco Wholesale from $880.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Morgan Stanley increased their price objective on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Finally, Wells Fargo & Company increased 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 report on Friday, December 13th. Nine research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price 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.