Costco Wholesale Co. (NASDAQ:COST) is Rothschild Investment LLC’s 10th Largest Position

Rothschild Investment LLC cut its position in Costco Wholesale Co. (NASDAQ:COST) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 25,820 shares of the retailer’s stock after selling 436 shares during the period. Costco Wholesale makes up about 1.5% of Rothschild Investment LLC’s investment portfolio, making the stock its 10th largest holding. Rothschild Investment LLC’s holdings in Costco Wholesale were worth $23,658,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. RPg Family Wealth Advisory LLC purchased a new position in Costco Wholesale in the third quarter worth about $29,000. Endeavor Private Wealth Inc. purchased a new position in Costco Wholesale in the fourth quarter worth about $33,000. Collier Financial purchased a new position in Costco Wholesale in the fourth quarter worth about $35,000. Barrett & Company Inc. raised its holdings in Costco Wholesale by 59.3% in the fourth quarter. Barrett & Company Inc. now owns 43 shares of the retailer’s stock worth $39,000 after buying an additional 16 shares during the last quarter. Finally, FSC Wealth Advisors LLC purchased a new position in Costco Wholesale in the fourth quarter worth about $41,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Costco Wholesale Price Performance

Shares of NASDAQ:COST opened at $1,035.03 on Monday. Costco Wholesale Co. has a 1-year low of $697.27 and a 1-year high of $1,078.23. The firm’s 50 day simple moving average is $975.61 and its two-hundred day simple moving average is $932.24. 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 capitalization of $459.45 billion, a P/E ratio of 60.78, a P/E/G ratio of 6.15 and a beta of 0.84.

Costco Wholesale Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, February 7th were issued a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend was Friday, February 7th. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.25%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Truist Financial lifted their price target on shares of Costco Wholesale from $909.00 to $935.00 and gave the stock a “hold” rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their price target on shares of Costco Wholesale from $1,000.00 to $1,075.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Telsey Advisory Group reiterated an “outperform” rating on shares of Costco Wholesale in a research note on Friday, February 14th. DA Davidson lifted their price target on shares of Costco Wholesale from $900.00 to $1,000.00 and gave the stock a “neutral” rating in a research note on Thursday, February 6th. Finally, Robert W. Baird lifted their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. Ten investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,021.93.

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.