GW Henssler & Associates Ltd. Sells 100 Shares of Costco Wholesale Co. (NASDAQ:COST)

GW Henssler & Associates Ltd. lessened its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,496 shares of the retailer’s stock after selling 100 shares during the period. GW Henssler & Associates Ltd.’s holdings in Costco Wholesale were worth $1,326,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC acquired a new stake in shares of Costco Wholesale in the third quarter valued at about $29,000. Endeavor Private Wealth Inc. acquired a new stake in Costco Wholesale during the 4th quarter valued at approximately $33,000. FSC Wealth Advisors LLC bought a new position in Costco Wholesale during the 4th quarter worth approximately $41,000. Retirement Wealth Solutions LLC acquired a new position in shares of Costco Wholesale in the 4th quarter worth approximately $55,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Costco Wholesale in the 3rd quarter valued at $58,000. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Stock Performance

Shares of Costco Wholesale stock opened at $1,005.83 on Tuesday. The firm has a market capitalization of $446.49 billion, a P/E ratio of 59.06, a price-to-earnings-growth ratio of 5.84 and a beta of 0.84. The company has a current ratio of 0.98, a quick ratio of 0.43 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $954.51 and its 200 day simple moving average is $908.28. Costco Wholesale Co. has a 12 month low of $697.27 and a 12 month high of $1,009.61.

Costco Wholesale Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be issued a dividend of $1.16 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $4.64 dividend on an annualized basis and a yield of 0.46%. Costco Wholesale’s dividend payout ratio (DPR) is presently 27.25%.

Analyst Ratings Changes

COST has been the topic of a number of research analyst reports. Jefferies Financial Group upped their price target on shares of Costco Wholesale from $1,050.00 to $1,145.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Barclays raised their target price on Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Morgan Stanley boosted their price target on Costco Wholesale from $950.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Sanford C. Bernstein assumed coverage on shares of Costco Wholesale in a research note on Tuesday, October 22nd. They issued an “outperform” rating and a $1,016.00 price objective for the company. Finally, Robert W. Baird increased their target price 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. Nine equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,013.59.

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.