Costco Wholesale Co. (NASDAQ:COST) Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lowered its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,127 shares of the retailer’s stock after selling 79 shares during the quarter. Costco Wholesale comprises 1.2% of 180 Wealth Advisors LLC’s portfolio, making the stock its 11th largest position. 180 Wealth Advisors LLC’s holdings in Costco Wholesale were worth $7,447,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. RPg Family Wealth Advisory LLC acquired a new stake in Costco Wholesale during the third quarter worth about $29,000. Fairway Wealth LLC raised its position in shares of Costco Wholesale by 230.0% during the 2nd quarter. Fairway Wealth LLC now owns 66 shares of the retailer’s stock worth $56,000 after purchasing an additional 46 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Costco Wholesale in the 3rd quarter worth approximately $58,000. Christopher J. Hasenberg Inc boosted its position in Costco Wholesale by 329.4% during the 3rd quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock valued at $65,000 after purchasing an additional 56 shares during the period. Finally, VitalStone Financial LLC bought a new position in Costco Wholesale during the 3rd quarter worth $71,000. Institutional investors and hedge funds own 68.48% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on COST. Robert W. Baird boosted their price target on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Roth Mkm boosted their target price on shares of Costco Wholesale from $755.00 to $907.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. TD Cowen raised their price target on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the company a “buy” rating in a research note on Friday, December 13th. Melius Research began coverage on Costco Wholesale in a report on Monday, September 23rd. They set a “hold” rating and a $950.00 price target on the stock. Finally, Oppenheimer reissued an “outperform” rating and issued a $1,075.00 price objective (up from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. Nine equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale Price Performance

Shares of NASDAQ:COST opened at $917.23 on Wednesday. The company has a market capitalization of $407.16 billion, a PE ratio of 53.86, a price-to-earnings-growth ratio of 6.02 and a beta of 0.84. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.44 and a current ratio of 0.97. The stock has a fifty day moving average of $949.23 and a 200-day moving average of $900.20. Costco Wholesale Co. has a one year low of $675.96 and a one year high of $1,008.25.

Insider Transactions at Costco Wholesale

In related news, EVP Richard A. Galanti sold 1,416 shares of Costco Wholesale stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $894.68, for a total value of $1,266,866.88. Following the transaction, the executive vice president now owns 27,400 shares of the company’s stock, valued at approximately $24,514,232. This trade represents a 4.91 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.18% of the stock is owned by insiders.

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.