One Wealth Advisors LLC Sells 12 Shares of Costco Wholesale Co. (NASDAQ:COST)

One Wealth Advisors LLC trimmed its position in Costco Wholesale Co. (NASDAQ:COST) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281 shares of the retailer’s stock after selling 12 shares during the quarter. One Wealth Advisors LLC’s holdings in Costco Wholesale were worth $257,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in COST. Prudent Investors Network Inc. raised its position in shares of Costco Wholesale by 105.8% in the fourth quarter. Prudent Investors Network Inc. now owns 1,795 shares of the retailer’s stock valued at $1,645,000 after buying an additional 923 shares in the last quarter. Rice Partnership LLC lifted its position in Costco Wholesale by 5.0% during the fourth quarter. Rice Partnership LLC now owns 13,223 shares of the retailer’s stock worth $12,116,000 after purchasing an additional 633 shares during the period. Lazari Capital Management Inc. grew its stake in Costco Wholesale by 5.9% during the fourth quarter. Lazari Capital Management Inc. now owns 845 shares of the retailer’s stock worth $774,000 after buying an additional 47 shares in the last quarter. Resonant Capital Advisors LLC raised its position in shares of Costco Wholesale by 0.4% in the 4th quarter. Resonant Capital Advisors LLC now owns 5,509 shares of the retailer’s stock valued at $5,048,000 after buying an additional 23 shares in the last quarter. Finally, Brentview Investment Management LLC bought a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $4,522,000. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Trading Up 1.6 %

Shares of COST opened at $1,021.86 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The firm has a market cap of $453.60 billion, a P/E ratio of 60.00, a price-to-earnings-growth ratio of 5.84 and a beta of 0.84. Costco Wholesale Co. has a fifty-two week low of $697.27 and a fifty-two week high of $1,024.35. The business has a 50-day moving average of $955.41 and a 200 day moving average of $909.45.

Costco Wholesale Dividend Announcement

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. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a yield of 0.45%. Costco Wholesale’s dividend payout ratio is 27.25%.

Analyst Ratings Changes

A number of research analysts recently issued reports on COST shares. BMO Capital Markets lifted their price objective on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the company an “outperform” rating in a research note on Friday, December 13th. Morgan Stanley upped their price objective on Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Barclays lifted their target price on Costco Wholesale from $850.00 to $940.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Loop Capital raised their price target on shares of Costco Wholesale from $1,005.00 to $1,095.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Finally, Tigress Financial reissued a “buy” rating and issued a $1,065.00 price objective on shares of Costco Wholesale in a research note on Thursday, October 17th. Nine equities 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, the company currently 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.