Costco Wholesale Co. (NASDAQ:COST) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC decreased its stake in shares of Costco Wholesale Co. (NASDAQ:COST - Free Report) by 39.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,160 shares of the retailer's stock after selling 4,020 shares during the period. Costco Wholesale makes up about 4.2% of Householder Group Estate & Retirement Specialist LLC's investment portfolio, making the stock its 4th largest holding. Householder Group Estate & Retirement Specialist LLC's holdings in Costco Wholesale were worth $5,644,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in COST. International Assets Investment Management LLC lifted its position in Costco Wholesale by 113,947.9% during the 3rd quarter. International Assets Investment Management LLC now owns 7,370,916 shares of the retailer's stock worth $6,534,464,000 after buying an additional 7,364,453 shares in the last quarter. Assenagon Asset Management S.A. raised its holdings in Costco Wholesale by 55.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,068,772 shares of the retailer's stock worth $979,284,000 after acquiring an additional 382,367 shares in the last quarter. Pathway Financial Advisers LLC boosted its position in Costco Wholesale by 75,894.4% during the third quarter. Pathway Financial Advisers LLC now owns 338,935 shares of the retailer's stock valued at $300,473,000 after purchasing an additional 338,489 shares during the last quarter. FMR LLC grew its stake in Costco Wholesale by 3.6% in the third quarter. FMR LLC now owns 9,308,615 shares of the retailer's stock valued at $8,252,274,000 after purchasing an additional 324,973 shares in the last quarter. Finally, 1832 Asset Management L.P. increased its position in shares of Costco Wholesale by 56.8% during the 2nd quarter. 1832 Asset Management L.P. now owns 566,864 shares of the retailer's stock worth $481,829,000 after purchasing an additional 205,237 shares during the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Trading Up 2.5 %

Costco Wholesale stock traded up $23.44 during mid-day trading on Friday, hitting $943.19. 2,367,034 shares of the stock were exchanged, compared to its average volume of 1,832,091. The stock has a market capitalization of $418.68 billion, a price-to-earnings ratio of 55.38, a PEG ratio of 5.60 and a beta of 0.84. Costco Wholesale Co. has a 12 month low of $675.96 and a 12 month high of $1,008.25. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The firm's fifty day simple moving average is $949.82 and its two-hundred day simple moving average is $901.47.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Richard A. Galanti sold 1,416 shares of the business's stock in a transaction that occurred on 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 directly owns 27,400 shares of the company's stock, valued at approximately $24,514,232. The trade was a 4.91 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on COST shares. Evercore ISI boosted their price target on Costco Wholesale from $1,019.00 to $1,020.00 and gave the stock an "overweight" rating in a research report on Thursday, December 12th. Tigress Financial restated a "buy" rating and issued a $1,065.00 price target on shares of Costco Wholesale in a research note on Thursday, October 17th. Telsey Advisory Group reiterated an "outperform" rating and issued a $1,100.00 price target on shares of Costco Wholesale in a research report on Thursday, January 9th. TD Cowen increased their price target on Costco Wholesale from $975.00 to $1,090.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Finally, Melius Research initiated coverage on Costco Wholesale in a report on Monday, September 23rd. They issued a "hold" rating and a $950.00 price objective for the company. 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 presently has an average rating of "Moderate Buy" and an average target price of $1,013.59.

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.