Sunflower Bank N.A. Has $566,000 Stock Holdings in Costco Wholesale Co. (NASDAQ:COST)

Sunflower Bank N.A. boosted its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 11.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 638 shares of the retailer’s stock after acquiring an additional 64 shares during the period. Sunflower Bank N.A.’s holdings in Costco Wholesale were worth $566,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in COST. GLOBALT Investments LLC GA acquired a new position in shares of Costco Wholesale in the 4th quarter worth approximately $2,505,000. Smith Shellnut Wilson LLC ADV grew its holdings in shares of Costco Wholesale by 4.4% during the fourth quarter. Smith Shellnut Wilson LLC ADV now owns 1,191 shares of the retailer’s stock worth $786,000 after purchasing an additional 50 shares during the last quarter. American Trust increased its stake in shares of Costco Wholesale by 3.7% in the fourth quarter. American Trust now owns 9,777 shares of the retailer’s stock valued at $6,454,000 after buying an additional 350 shares in the last quarter. Garde Capital Inc. raised its holdings in shares of Costco Wholesale by 4.2% in the fourth quarter. Garde Capital Inc. now owns 4,003 shares of the retailer’s stock valued at $2,642,000 after buying an additional 163 shares during the last quarter. Finally, Raleigh Capital Management Inc. lifted its position in Costco Wholesale by 2,725.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 113 shares of the retailer’s stock worth $74,000 after buying an additional 109 shares in the last quarter. Institutional investors and hedge funds own 68.48% of the company’s stock.

Costco Wholesale Stock Down 0.5 %

Shares of Costco Wholesale stock traded down $4.60 on Friday, reaching $889.03. The company’s stock had a trading volume of 1,527,294 shares, compared to its average volume of 1,956,339. Costco Wholesale Co. has a 52 week low of $540.23 and a 52 week high of $923.83. The firm’s fifty day simple moving average is $882.80 and its two-hundred day simple moving average is $827.34. The company has a market capitalization of $394.14 billion, a price-to-earnings ratio of 55.08, a P/E/G ratio of 5.53 and a beta of 0.80. The company has a quick ratio of 0.44, a current ratio of 0.97 and a debt-to-equity ratio of 0.25.

Costco Wholesale (NASDAQ:COST) last announced its earnings results on Thursday, September 26th. The retailer reported $5.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.05 by $0.10. Costco Wholesale had a return on equity of 31.05% and a net margin of 2.90%. The business had revenue of $79.70 billion for the quarter, compared to analysts’ expectations of $79.91 billion. During the same period last year, the firm posted $4.86 earnings per share. The business’s revenue for the quarter was up 1.0% on a year-over-year basis. Equities analysts anticipate that Costco Wholesale Co. will post 17.73 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on COST. Roth Mkm upped their target price on shares of Costco Wholesale from $676.00 to $755.00 and gave the stock a “neutral” rating in a research report on Friday, September 27th. Robert W. Baird increased their price objective on Costco Wholesale from $850.00 to $975.00 and gave the company an “outperform” rating in a research report on Thursday, July 11th. Redburn Atlantic downgraded Costco Wholesale from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $860.00 to $890.00 in a research report on Tuesday, September 10th. Morgan Stanley raised their price target on Costco Wholesale from $855.00 to $950.00 and gave the company an “overweight” rating in a report on Monday, September 9th. Finally, Barclays boosted their price objective on Costco Wholesale from $830.00 to $850.00 and gave the stock an “equal weight” rating in a report on Friday, September 27th. Ten analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $886.74.

Insider Transactions at Costco Wholesale

In other news, insider Daniel M. Hines sold 1,500 shares of Costco Wholesale stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $848.53, for a total transaction of $1,272,795.00. Following the sale, the insider now owns 10,992 shares in the company, valued at $9,327,041.76. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other news, EVP Claudine Adamo sold 3,200 shares of the business’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $888.99, for a total value of $2,844,768.00. Following the sale, the executive vice president now directly owns 8,630 shares in the company, valued at $7,671,983.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Daniel M. Hines sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $848.53, for a total value of $1,272,795.00. Following the sale, the insider now directly owns 10,992 shares in the company, valued at $9,327,041.76. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,674 shares of company stock valued at $5,831,324 over the last 90 days. Company insiders own 0.18% of the company’s stock.

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.