Clarius Group LLC Sells 362 Shares of Costco Wholesale Co. (NASDAQ:COST)

Clarius Group LLC trimmed its position in Costco Wholesale Co. (NASDAQ:COST - Free Report) by 4.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,377 shares of the retailer's stock after selling 362 shares during the quarter. Clarius Group LLC's holdings in Costco Wholesale were worth $6,759,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fermata Advisors LLC grew its position in shares of Costco Wholesale by 0.6% during the 3rd quarter. Fermata Advisors LLC now owns 1,968 shares of the retailer's stock worth $1,745,000 after buying an additional 11 shares during the period. Sculati Wealth Management LLC grew its holdings in Costco Wholesale by 0.3% during the 3rd quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer's stock worth $3,235,000 after acquiring an additional 11 shares during the period. Sivia Capital Partners LLC grew its holdings in Costco Wholesale by 0.3% during the 4th quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer's stock worth $3,398,000 after acquiring an additional 11 shares during the period. Gill Capital Partners LLC raised its position in shares of Costco Wholesale by 0.9% during the 4th quarter. Gill Capital Partners LLC now owns 1,270 shares of the retailer's stock valued at $1,164,000 after acquiring an additional 11 shares during the last quarter. Finally, Perkins Coie Trust Co lifted its stake in shares of Costco Wholesale by 0.3% in the 3rd quarter. Perkins Coie Trust Co now owns 4,675 shares of the retailer's stock valued at $4,144,000 after purchasing an additional 12 shares during the period. 68.48% of the stock is owned by institutional investors.

Costco Wholesale Stock Up 2.5 %

COST traded up $23.44 on Monday, hitting $943.19. 2,367,034 shares of the company were exchanged, compared to its average volume of 1,832,091. The stock's fifty day moving average is $949.82 and its 200-day moving average is $901.74. Costco Wholesale Co. has a 12 month low of $675.96 and a 12 month high of $1,008.25. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The company has a market cap of $418.68 billion, a PE ratio of 55.38, a PEG ratio of 5.60 and a beta of 0.84.

Wall Street Analyst Weigh In

COST has been the subject of a number of recent analyst reports. Oppenheimer reiterated an "outperform" rating and issued a $1,075.00 price objective (up previously from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. UBS Group upped their price target on Costco Wholesale from $840.00 to $1,040.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Evercore ISI lifted their price objective on shares of Costco Wholesale from $1,019.00 to $1,020.00 and gave the stock an "overweight" rating in a research note on Thursday, December 12th. Tigress Financial reaffirmed a "buy" rating and issued a $1,065.00 target price on shares of Costco Wholesale in a research note on Thursday, October 17th. Finally, TD Cowen lifted their price target on shares of Costco Wholesale from $975.00 to $1,090.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to MarketBeat.com, Costco Wholesale currently has a consensus rating of "Moderate Buy" and an average target price of $1,013.59.

Insider Transactions at Costco Wholesale

In other news, EVP Richard A. Galanti sold 1,416 shares of Costco Wholesale stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $894.68, for a total value of $1,266,866.88. Following the completion of the transaction, the executive vice president now owns 27,400 shares of the company's stock, valued at $24,514,232. This trade represents a 4.91 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.18% of the company's stock.

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.