CHICAGO TRUST Co NA increased its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST) by 0.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,515 shares of the retailer’s stock after purchasing an additional 12 shares during the period. CHICAGO TRUST Co NA’s holdings in Costco Wholesale Corporation were worth $402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in COST. Northwest Investment Counselors LLC bought a new position in shares of Costco Wholesale Corporation during the second quarter valued at approximately $107,000. Mercer Capital Advisers Inc. boosted its stake in shares of Costco Wholesale Corporation by 43.4% during the first quarter. Mercer Capital Advisers Inc. now owns 664 shares of the retailer’s stock valued at $111,000 after purchasing an additional 201 shares in the last quarter. Mosaic Family Wealth LLC boosted its stake in shares of Costco Wholesale Corporation by 16.7% during the first quarter. Mosaic Family Wealth LLC now owns 700 shares of the retailer’s stock valued at $117,000 after purchasing an additional 100 shares in the last quarter. CKW Financial Group boosted its stake in shares of Costco Wholesale Corporation by 33.1% during the first quarter. CKW Financial Group now owns 804 shares of the retailer’s stock valued at $135,000 after purchasing an additional 200 shares in the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of Costco Wholesale Corporation by 142.1% during the first quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 920 shares of the retailer’s stock valued at $154,000 after purchasing an additional 540 shares in the last quarter. Hedge funds and other institutional investors own 72.35% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This piece was posted by Daily Political and is the sole property of of Daily Political. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of international trademark and copyright laws. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/09/24/chicago-trust-co-na-acquires-12-shares-of-costco-wholesale-corporation-cost.html.

In other Costco Wholesale Corporation news, Director John W. Meisenbach sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $159.25, for a total transaction of $159,250.00. Following the completion of the transaction, the director now owns 4,974 shares in the company, valued at approximately $792,109.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 3,000 shares of company stock valued at $477,120. 0.74% of the stock is owned by insiders.

A number of research firms have recently issued reports on COST. Zacks Investment Research upgraded shares of Costco Wholesale Corporation from a “hold” rating to a “buy” rating and set a $180.00 price objective on the stock in a research note on Tuesday, September 19th. Deutsche Bank AG reiterated a “hold” rating and set a $172.00 price objective on shares of Costco Wholesale Corporation in a research note on Tuesday, September 5th. Guggenheim reiterated a “neutral” rating and set a $140.00 price objective on shares of Costco Wholesale Corporation in a research note on Thursday, August 31st. Robert W. Baird restated a “buy” rating and issued a $200.00 target price on shares of Costco Wholesale Corporation in a research note on Thursday, August 31st. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $185.00 target price on shares of Costco Wholesale Corporation in a research note on Thursday, August 31st. Ten research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $179.37.

Costco Wholesale Corporation (COST) traded down 0.12% on Friday, reaching $161.29. 1,535,895 shares of the company’s stock were exchanged. Costco Wholesale Corporation has a 1-year low of $142.11 and a 1-year high of $183.18. The company has a market capitalization of $70.74 billion, a P/E ratio of 28.00 and a beta of 0.93. The firm has a 50-day moving average price of $157.91 and a 200-day moving average price of $165.08.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 18th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.24%. This is an increase from Costco Wholesale Corporation’s previous quarterly dividend of $0.45. Costco Wholesale Corporation’s dividend payout ratio is presently 34.66%.

About Costco Wholesale Corporation

Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world.

Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST).

Institutional Ownership by Quarter for Costco Wholesale Corporation (NASDAQ:COST)

Receive News & Ratings for Costco Wholesale Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale Corporation and related companies with MarketBeat.com's FREE daily email newsletter.