GenTrust LLC Acquires 13 Shares of Costco Wholesale Co. (NASDAQ:COST)

GenTrust LLC increased its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,166 shares of the retailer’s stock after buying an additional 13 shares during the period. GenTrust LLC’s holdings in Costco Wholesale were worth $2,901,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of COST. Cromwell Holdings LLC lifted its stake in Costco Wholesale by 0.9% in the fourth quarter. Cromwell Holdings LLC now owns 1,144 shares of the retailer’s stock valued at $1,048,000 after buying an additional 10 shares in the last quarter. 44 Wealth Management LLC lifted its stake in Costco Wholesale by 0.3% in the fourth quarter. 44 Wealth Management LLC now owns 3,488 shares of the retailer’s stock valued at $3,196,000 after buying an additional 10 shares in the last quarter. SRN Advisors LLC lifted its stake in Costco Wholesale by 0.3% in the fourth quarter. SRN Advisors LLC now owns 3,081 shares of the retailer’s stock valued at $2,823,000 after buying an additional 10 shares in the last quarter. Sculati Wealth Management LLC lifted its stake in Costco Wholesale by 0.3% in the third quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock valued at $3,235,000 after buying an additional 11 shares in the last quarter. Finally, Sivia Capital Partners LLC lifted its stake in Costco Wholesale by 0.3% in the fourth quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer’s stock valued at $3,398,000 after buying an additional 11 shares in the last quarter. 68.48% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Citigroup lifted their price target on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Robert W. Baird boosted their price objective on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. UBS Group boosted their price objective on shares of Costco Wholesale from $840.00 to $1,040.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Morgan Stanley boosted their price objective on shares of Costco Wholesale from $950.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Finally, DA Davidson boosted their price objective on shares of Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a research report on Thursday, February 6th. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Price Performance

NASDAQ:COST opened at $1,031.97 on Thursday. Costco Wholesale Co. has a one year low of $697.27 and a one year high of $1,078.23. The company has a market cap of $458.09 billion, a P/E ratio of 60.60, a P/E/G ratio of 6.15 and a beta of 0.84. The firm’s fifty day moving average price is $979.28 and its two-hundred day moving average price is $935.71. 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 business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were issued a $1.16 dividend. The ex-dividend date was Friday, February 7th. This represents a $4.64 annualized dividend and a dividend yield of 0.45%. Costco Wholesale’s dividend payout ratio is currently 27.25%.

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.