Alpha Windward LLC lessened its position in shares of Costco Wholesale Co. (NASDAQ:COST) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,254 shares of the retailer’s stock after selling 39 shares during the quarter. Alpha Windward LLC’s holdings in Costco Wholesale were worth $380,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC increased its stake in Costco Wholesale by 2.2% during the 2nd quarter. Global Retirement Partners LLC now owns 7,113 shares of the retailer’s stock valued at $2,157,000 after purchasing an additional 155 shares in the last quarter. Wilsey Asset Management Inc. increased its stake in Costco Wholesale by 0.4% during the 2nd quarter. Wilsey Asset Management Inc. now owns 17,110 shares of the retailer’s stock valued at $5,160,000 after purchasing an additional 70 shares in the last quarter. Vigilant Capital Management LLC increased its stake in Costco Wholesale by 14.2% during the 2nd quarter. Vigilant Capital Management LLC now owns 715 shares of the retailer’s stock valued at $217,000 after purchasing an additional 89 shares in the last quarter. Investors Financial Group LLC increased its stake in Costco Wholesale by 11.6% during the 2nd quarter. Investors Financial Group LLC now owns 1,210 shares of the retailer’s stock valued at $367,000 after purchasing an additional 126 shares in the last quarter. Finally, FLC Capital Advisors increased its stake in Costco Wholesale by 29.6% during the 2nd quarter. FLC Capital Advisors now owns 1,117 shares of the retailer’s stock valued at $348,000 after purchasing an additional 255 shares in the last quarter. Hedge funds and other institutional investors own 68.79% of the company’s stock.

In related news, CFO Richard A. Galanti sold 2,730 shares of the firm’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $325.07, for a total transaction of $887,441.10. Following the completion of the sale, the chief financial officer now directly owns 25,415 shares in the company, valued at $8,261,654.05. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Susan L. Decker sold 1,000 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $314.83, for a total transaction of $314,830.00. Following the sale, the director now owns 32,582 shares of the company’s stock, valued at $10,257,791.06. The disclosure for this sale can be found here. Insiders sold 29,380 shares of company stock valued at $9,095,879 over the last quarter. Company insiders own 0.22% of the company’s stock.

COST has been the topic of a number of recent analyst reports. Oppenheimer upped their price target on shares of Costco Wholesale from $335.00 to $355.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Costco Wholesale in a report on Thursday, June 4th. Atlantic Securities started coverage on shares of Costco Wholesale in a report on Monday. They issued an “overweight” rating and a $375.00 price objective on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $335.00 price objective on shares of Costco Wholesale in a report on Thursday, April 9th. Finally, Deutsche Bank upped their price objective on shares of Costco Wholesale from $297.00 to $298.00 and gave the company a “hold” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and nineteen have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $326.70.

Shares of NASDAQ COST opened at $322.92 on Tuesday. The firm has a 50-day simple moving average of $306.09 and a 200-day simple moving average of $303.95. The stock has a market capitalization of $144.04 billion, a price-to-earnings ratio of 38.63, a price-to-earnings-growth ratio of 4.59 and a beta of 0.68. The company has a quick ratio of 0.63, a current ratio of 1.11 and a debt-to-equity ratio of 0.59. Costco Wholesale Co. has a 52 week low of $262.71 and a 52 week high of $329.11.

Costco Wholesale (NASDAQ:COST) last issued its earnings results on Thursday, May 28th. The retailer reported $1.89 EPS for the quarter, missing the Zacks’ consensus estimate of $1.92 by ($0.03). The business had revenue of $36.45 billion during the quarter, compared to analyst estimates of $36.66 billion. Costco Wholesale had a net margin of 2.31% and a return on equity of 22.60%. Costco Wholesale’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company earned $1.89 earnings per share. As a group, equities research analysts expect that Costco Wholesale Co. will post 8.46 EPS for the current year.

About Costco Wholesale

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.

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

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