Trilogy Capital Inc. Acquires 21 Shares of Costco Wholesale Co. (NASDAQ:COST)

Trilogy Capital Inc. lifted its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 2.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 787 shares of the retailer’s stock after purchasing an additional 21 shares during the period. Trilogy Capital Inc.’s holdings in Costco Wholesale were worth $721,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. RPg Family Wealth Advisory LLC bought a new position in Costco Wholesale in the third quarter valued at about $29,000. Endeavor Private Wealth Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at about $33,000. FSC Wealth Advisors LLC acquired a new position in Costco Wholesale in the fourth quarter valued at about $41,000. Retirement Wealth Solutions LLC acquired a new position in Costco Wholesale in the fourth quarter valued at about $55,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in Costco Wholesale in the fourth quarter valued at about $58,000. Institutional investors own 68.48% of the company’s stock.

Analyst Upgrades and Downgrades

COST has been the topic of several analyst reports. Raymond James increased their target price on Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Wells Fargo & Company increased their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Tigress Financial reissued a “buy” rating and issued a $1,065.00 target price on shares of Costco Wholesale in a research note on Thursday, October 17th. Loop Capital raised their price target on Costco Wholesale from $1,005.00 to $1,095.00 and gave the stock a “buy” rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group raised their price target on Costco Wholesale from $1,050.00 to $1,145.00 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.93.

Costco Wholesale Stock Performance

Shares of NASDAQ COST opened at $1,050.99 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,063.00. The stock has a 50 day moving average of $958.04 and a 200-day moving average of $911.67. The company has a market capitalization of $466.53 billion, a P/E ratio of 61.71, a P/E/G ratio of 5.84 and a beta of 0.84.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a dividend of $1.16 per share. The ex-dividend date is Friday, February 7th. This represents a $4.64 annualized dividend and a dividend yield of 0.44%. 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.