Accurate Investment Solutions Inc. increased its stake in Costco Wholesale Co. (NASDAQ:COST) by 200.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,848 shares of the retailer’s stock after buying an additional 12,581 shares during the period. Costco Wholesale accounts for about 3.5% of Accurate Investment Solutions Inc.’s holdings, making the stock its 10th largest holding. Accurate Investment Solutions Inc.’s holdings in Costco Wholesale were worth $3,839,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Stock Yards Bank & Trust Co. grew its position in shares of Costco Wholesale by 3.2% during the third quarter. Stock Yards Bank & Trust Co. now owns 53,460 shares of the retailer’s stock valued at $12,556,000 after purchasing an additional 1,648 shares in the last quarter. Orleans Capital Management Corp LA raised its stake in shares of Costco Wholesale by 5.5% during the second quarter. Orleans Capital Management Corp LA now owns 14,785 shares of the retailer’s stock valued at $3,090,000 after acquiring an additional 765 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Costco Wholesale by 13.2% during the second quarter. Advisors Asset Management Inc. now owns 70,250 shares of the retailer’s stock valued at $14,681,000 after acquiring an additional 8,173 shares in the last quarter. Coe Capital Management LLC raised its stake in Costco Wholesale by 4.2% in the third quarter. Coe Capital Management LLC now owns 10,930 shares of the retailer’s stock worth $2,567,000 after buying an additional 440 shares in the last quarter. Finally, MAI Capital Management raised its stake in Costco Wholesale by 3.2% in the second quarter. MAI Capital Management now owns 33,295 shares of the retailer’s stock worth $6,958,000 after buying an additional 1,048 shares in the last quarter. Institutional investors own 70.60% of the company’s stock.

COST has been the subject of a number of analyst reports. Wells Fargo & Co downgraded shares of Costco Wholesale from an “outperform” rating to a “market perform” rating and set a $235.00 price objective for the company. in a research report on Friday, September 14th. BidaskClub cut shares of Costco Wholesale from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 15th. Barclays cut shares of Costco Wholesale from an “overweight” rating to an “equal weight” rating and set a $240.00 price objective for the company. in a research report on Monday, September 17th. Zacks Investment Research lowered shares of Costco Wholesale from a “buy” rating to a “hold” rating in a report on Monday, September 17th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Costco Wholesale from $227.00 to $255.00 and gave the company an “overweight” rating in a report on Monday, September 17th. Seven equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $239.46.

In other Costco Wholesale news, Director Susan L. Decker sold 739 shares of Costco Wholesale stock in a transaction on Wednesday, January 2nd. The stock was sold at an average price of $205.00, for a total transaction of $151,495.00. Following the completion of the transaction, the director now directly owns 52,249 shares of the company’s stock, valued at $10,711,045. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Franz E. Lazarus sold 23,000 shares of Costco Wholesale stock in a transaction dated Thursday, October 25th. The shares were sold at an average price of $226.76, for a total value of $5,215,480.00. Following the completion of the transaction, the vice president now directly owns 6,830 shares of the company’s stock, valued at $1,548,770.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 60,662 shares of company stock worth $13,624,025. 0.21% of the stock is currently owned by corporate insiders.

Shares of NASDAQ COST traded down $0.14 during mid-day trading on Friday, reaching $210.50. The company had a trading volume of 148,459 shares, compared to its average volume of 2,884,531. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.48. The firm has a market capitalization of $92.46 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 2.75 and a beta of 0.99. Costco Wholesale Co. has a 12-month low of $175.79 and a 12-month high of $245.16.

Costco Wholesale (NASDAQ:COST) last released its quarterly earnings data on Thursday, December 13th. The retailer reported $1.61 EPS for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.01). Costco Wholesale had a return on equity of 24.54% and a net margin of 2.25%. The firm had revenue of $34.31 billion during the quarter, compared to analyst estimates of $34.66 billion. During the same quarter in the prior year, the company posted $1.45 EPS. The company’s quarterly revenue was up 10.3% on a year-over-year basis. On average, analysts predict that Costco Wholesale Co. will post 7.64 EPS for the current year.

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Costco Wholesale Profile

Costco Wholesale Corporation, together with its subsidiaries, operates membership warehouses. It offers branded and private-label products in a range of merchandise categories. The company provides dry and packaged foods, and groceries; snack foods, candies, alcoholic and nonalcoholic beverages, and cleaning supplies; appliances, electronics, health and beauty aids, hardware, and garden and patio products; meat, bakery, deli, and produces; and apparel and small appliances.

Further Reading: Analyst Ratings

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

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