63 Shares in Costco Wholesale Co. (NASDAQ:COST) Acquired by Dixon Mitchell Investment Counsel Inc.

Dixon Mitchell Investment Counsel Inc. acquired a new stake in Costco Wholesale Co. (NASDAQ:COST) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 63 shares of the retailer’s stock, valued at approximately $58,000.

Other large investors have also recently added to or reduced their stakes in the company. RPg Family Wealth Advisory LLC bought a new position in shares of Costco Wholesale during the third quarter worth approximately $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Costco Wholesale during the third quarter worth approximately $58,000. Christopher J. Hasenberg Inc increased its stake in Costco Wholesale by 329.4% during the 3rd 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. VitalStone Financial LLC bought a new position in Costco Wholesale during the 3rd quarter worth $71,000. Finally, Iron Horse Wealth Management LLC lifted its position in shares of Costco Wholesale by 20.8% during the 3rd quarter. Iron Horse Wealth Management LLC now owns 87 shares of the retailer’s stock valued at $77,000 after acquiring an additional 15 shares during the period. Institutional investors own 68.48% of the company’s stock.

Costco Wholesale Price Performance

COST stock opened at $919.75 on Friday. The company has a market capitalization of $408.28 billion, a P/E ratio of 54.01, a PEG ratio of 5.60 and a beta of 0.84. The company has a fifty day moving average price of $949.72 and a 200-day moving average price of $900.36. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. Costco Wholesale Co. has a 52-week low of $675.96 and a 52-week high of $1,008.25.

Wall Street Analyst Weigh In

COST has been the topic of a number of recent analyst reports. Oppenheimer restated an “outperform” rating and issued a $1,075.00 price target (up previously from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. BMO Capital Markets raised their target price on shares of Costco Wholesale from $1,075.00 to $1,175.00 and gave the company an “outperform” rating in a report on Friday, December 13th. DA Davidson upped their price target on shares of Costco Wholesale from $880.00 to $900.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Telsey Advisory Group reissued an “outperform” rating and issued a $1,100.00 price objective on shares of Costco Wholesale in a research note on Thursday, January 9th. Finally, Barclays upped their target price on Costco Wholesale from $850.00 to $940.00 and gave the stock an “equal weight” rating in a research note on Friday, December 13th. Nine equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,013.59.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, EVP Richard A. Galanti sold 1,416 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $894.68, for a total value of $1,266,866.88. Following the sale, the executive vice president now owns 27,400 shares in the company, valued at approximately $24,514,232. The trade was a 4.91 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.18% of the stock is currently owned by company insiders.

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.