Costco Wholesale Corporation (COST) Holdings Maintained by Seizert Capital Partners LLC

Seizert Capital Partners LLC maintained its stake in Costco Wholesale Corporation (NASDAQ:COST) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,880 shares of the retailer’s stock at the close of the second quarter. Seizert Capital Partners LLC’s holdings in Costco Wholesale Corporation were worth $301,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Brightworth grew its stake in shares of Costco Wholesale Corporation by 0.3% during the second quarter. Brightworth now owns 1,334 shares of the retailer’s stock valued at $213,000 after buying an additional 4 shares during the last quarter. Pioneer Trust Bank N A OR grew its stake in shares of Costco Wholesale Corporation by 0.4% during the second quarter. Pioneer Trust Bank N A OR now owns 1,659 shares of the retailer’s stock valued at $266,000 after buying an additional 7 shares during the last quarter. Marshall & Sullivan Inc. WA grew its stake in shares of Costco Wholesale Corporation by 0.6% during the first quarter. Marshall & Sullivan Inc. WA now owns 1,590 shares of the retailer’s stock valued at $272,000 after buying an additional 10 shares during the last quarter. CHICAGO TRUST Co NA grew its stake in shares of Costco Wholesale Corporation by 0.5% during the second quarter. CHICAGO TRUST Co NA now owns 2,515 shares of the retailer’s stock valued at $402,000 after buying an additional 12 shares during the last quarter. Finally, Gilder Gagnon Howe & Co. LLC grew its stake in shares of Costco Wholesale Corporation by 1.3% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 985 shares of the retailer’s stock valued at $158,000 after buying an additional 13 shares during the last quarter. 72.61% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director John W. Meisenbach sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $164.92, for a total value of $164,920.00. Following the completion of the transaction, the director now directly owns 6,974 shares in the company, valued at approximately $1,150,152.08. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Dennis R. Zook sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $161.92, for a total transaction of $809,600.00. Following the completion of the transaction, the vice president now owns 626 shares of the company’s stock, valued at $101,361.92. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,350 shares of company stock valued at $2,477,680. 0.74% of the stock is owned by company insiders.

A number of research analysts have recently issued reports on COST shares. Deutsche Bank AG reaffirmed a “hold” rating and set a $172.00 price objective on shares of Costco Wholesale Corporation in a research note on Tuesday, September 5th. Citigroup Inc raised their price objective on Costco Wholesale Corporation from $155.00 to $187.00 and gave the company a “hold” rating in a research note on Friday, October 6th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $185.00 price objective on shares of Costco Wholesale Corporation in a research note on Thursday, August 31st. Morgan Stanley cut Costco Wholesale Corporation from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $190.00 to $165.00 in a research note on Friday, October 6th. Finally, Stifel Nicolaus reissued a “buy” rating on shares of Costco Wholesale Corporation in a research note on Friday, July 7th. Eleven research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Costco Wholesale Corporation has a consensus rating of “Buy” and a consensus target price of $178.50.

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Costco Wholesale Corporation (NASDAQ COST) opened at $166.44 on Friday. Costco Wholesale Corporation has a 1-year low of $142.11 and a 1-year high of $183.18. The firm has a market cap of $72.73 billion, a P/E ratio of 28.34, a P/E/G ratio of 2.63 and a beta of 0.93. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.99 and a quick ratio of 0.43.

Costco Wholesale Corporation (NASDAQ:COST) last announced its quarterly earnings data on Thursday, October 5th. The retailer reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.02 by $0.06. Costco Wholesale Corporation had a net margin of 2.08% and a return on equity of 22.21%. The company had revenue of $42.30 billion during the quarter, compared to analyst estimates of $41.55 billion. During the same period in the previous year, the business earned $1.77 EPS. The firm’s revenue for the quarter was up 15.7% on a year-over-year basis. analysts anticipate that Costco Wholesale Corporation will post 6.44 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Friday, November 17th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.20%. Costco Wholesale Corporation’s payout ratio is currently 32.89%.

Costco Wholesale Corporation Company Profile

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.

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

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