Kathmere Capital Management LLC Has $4.01 Million Holdings in Costco Wholesale Co. (NASDAQ:COST)

Kathmere Capital Management LLC lifted its stake in Costco Wholesale Co. (NASDAQ:COST) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,377 shares of the retailer’s stock after acquiring an additional 301 shares during the period. Kathmere Capital Management LLC’s holdings in Costco Wholesale were worth $4,010,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fermata Advisors LLC increased its holdings 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 purchasing an additional 11 shares during the period. Sculati Wealth Management LLC grew its position in Costco Wholesale by 0.3% during the third quarter. Sculati Wealth Management LLC now owns 3,649 shares of the retailer’s stock worth $3,235,000 after buying an additional 11 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Costco Wholesale by 0.3% during the fourth quarter. Sivia Capital Partners LLC now owns 3,708 shares of the retailer’s stock valued at $3,398,000 after acquiring an additional 11 shares during the period. Perkins Coie Trust Co raised its holdings in 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 acquiring an additional 12 shares in the last quarter. Finally, Horizon Wealth Management LLC lifted its position in shares of Costco Wholesale by 4.7% in the 3rd quarter. Horizon Wealth Management LLC now owns 268 shares of the retailer’s stock worth $237,000 after acquiring an additional 12 shares during the period. Institutional investors own 68.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on COST shares. StockNews.com lowered Costco Wholesale from a “buy” rating to a “hold” rating in a research note on Friday, September 27th. Oppenheimer restated an “outperform” rating and issued a $1,075.00 price objective (up previously from $980.00) on shares of Costco Wholesale in a research note on Tuesday, December 10th. Raymond James lifted their target price on shares of Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research report on Thursday, December 12th. Citigroup increased their price target on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Finally, Tigress Financial reaffirmed a “buy” rating and set a $1,065.00 price objective on shares of Costco Wholesale in a report on Thursday, October 17th. Nine investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,013.59.

Costco Wholesale Stock Performance

Costco Wholesale stock opened at $923.50 on Thursday. The company has a market cap of $409.94 billion, a PE ratio of 54.23, a PEG ratio of 6.02 and a beta of 0.84. The company has a current ratio of 0.97, a quick ratio of 0.44 and a debt-to-equity ratio of 0.25. Costco Wholesale Co. has a 1 year low of $675.96 and a 1 year high of $1,008.25. The company’s 50-day moving average is $949.23 and its two-hundred day moving average is $900.20.

Insider Buying and Selling

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