Tillman Hartley LLC Has $333,000 Stake in Costco Wholesale Co. (NASDAQ:COST)

Tillman Hartley LLC trimmed its stake in Costco Wholesale Co. (NASDAQ:COST) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 363 shares of the retailer’s stock after selling 34 shares during the period. Tillman Hartley LLC’s holdings in Costco Wholesale were worth $333,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of COST. Swedbank AB grew its position in Costco Wholesale by 1.5% in the 3rd quarter. Swedbank AB now owns 443,747 shares of the retailer’s stock worth $393,391,000 after purchasing an additional 6,495 shares during the last quarter. United Bank boosted its position in shares of Costco Wholesale by 7.5% during the 3rd quarter. United Bank now owns 5,962 shares of the retailer’s stock valued at $5,285,000 after acquiring an additional 416 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of Costco Wholesale by 4.7% during the 3rd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 3,762 shares of the retailer’s stock valued at $3,341,000 after acquiring an additional 168 shares in the last quarter. Dillon & Associates Inc. boosted its position in shares of Costco Wholesale by 5.1% during the 3rd quarter. Dillon & Associates Inc. now owns 7,467 shares of the retailer’s stock valued at $6,623,000 after acquiring an additional 360 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its position in shares of Costco Wholesale by 1.0% during the 3rd quarter. Empower Advisory Group LLC now owns 168,641 shares of the retailer’s stock valued at $149,504,000 after acquiring an additional 1,745 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Trading Down 0.4 %

COST opened at $927.08 on Thursday. 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 company has a market cap of $411.53 billion, a price-to-earnings ratio of 54.44, a price-to-earnings-growth ratio of 6.15 and a beta of 0.81. The firm has a 50 day simple moving average of $990.44 and a 200 day simple moving average of $944.52. Costco Wholesale Co. has a fifty-two week low of $697.27 and a fifty-two week high of $1,078.24.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, March 6th. The retailer reported $4.02 earnings per share for the quarter, missing analysts’ consensus estimates of $4.09 by ($0.07). The business had revenue of $63.72 billion for the quarter, compared to the consensus estimate of $63.02 billion. Costco Wholesale had a return on equity of 32.31% and a net margin of 2.93%. On average, sell-side analysts anticipate that Costco Wholesale Co. will post 18.03 earnings per share for the current year.

Costco Wholesale Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were paid a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 0.50%. The ex-dividend date of this dividend was Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is 27.09%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their target price 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. Raymond James lifted their target price on shares of Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Costco Wholesale in a research report on Friday, March 7th. Morgan Stanley lifted 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. Finally, UBS Group boosted their price target on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Nine analysts have rated the stock with a hold rating and twenty-one 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 price target of $1,030.43.

About Costco Wholesale

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.