Yarger Wealth Strategies LLC Buys 20 Shares of Costco Wholesale Co. (NASDAQ:COST)

Yarger Wealth Strategies LLC boosted its stake in shares of Costco Wholesale Co. (NASDAQ:COST) by 3.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 692 shares of the retailer’s stock after acquiring an additional 20 shares during the quarter. Yarger Wealth Strategies LLC’s holdings in Costco Wholesale were worth $634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new position in Costco Wholesale during the 3rd quarter valued at approximately $29,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Costco Wholesale during the fourth quarter valued at approximately $58,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Costco Wholesale during the third quarter valued at approximately $58,000. Christopher J. Hasenberg Inc lifted its stake in Costco Wholesale by 329.4% in the third quarter. Christopher J. Hasenberg Inc now owns 73 shares of the retailer’s stock worth $65,000 after acquiring an additional 56 shares during the period. Finally, VitalStone Financial LLC bought a new stake in Costco Wholesale in the third quarter valued at $71,000. 68.48% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

COST has been the topic of a number of research reports. Telsey Advisory Group reaffirmed an “outperform” rating and set a $1,100.00 target price on shares of Costco Wholesale in a research note on Thursday, January 9th. Oppenheimer reiterated an “outperform” rating and set a $1,075.00 target price (up previously from $980.00) on shares of Costco Wholesale in a report on Tuesday, December 10th. Wells Fargo & Company increased their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. UBS Group lifted their price target on Costco Wholesale from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Stifel Nicolaus increased their price objective on Costco Wholesale from $935.00 to $1,000.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Nine research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,013.59.

Insiders Place Their Bets

In other news, EVP Richard A. Galanti sold 1,416 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president now owns 27,400 shares in the company, valued at $24,514,232. This represents a 4.91 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.18% of the company’s stock.

Costco Wholesale Stock Performance

Shares of COST opened at $943.19 on Friday. The firm has a market capitalization of $418.68 billion, a P/E ratio of 55.38, a PEG ratio of 5.60 and a beta of 0.84. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. Costco Wholesale Co. has a one year low of $675.96 and a one year high of $1,008.25. The business has a fifty day moving average of $949.84 and a 200 day moving average of $900.50.

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.