Trust Co. of Vermont Has $46.84 Million Holdings in Costco Wholesale Co. (NASDAQ:COST)

Trust Co. of Vermont lowered its holdings in Costco Wholesale Co. (NASDAQ:COST) by 0.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,124 shares of the retailer’s stock after selling 385 shares during the quarter. Costco Wholesale accounts for about 2.3% of Trust Co. of Vermont’s investment portfolio, making the stock its 7th largest position. Trust Co. of Vermont’s holdings in Costco Wholesale were worth $46,843,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. RPg Family Wealth Advisory LLC bought a new stake in shares of Costco Wholesale in the third quarter valued at about $29,000. Retirement Wealth Solutions LLC acquired a new position in Costco Wholesale in the 4th quarter valued at approximately $55,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Costco Wholesale in the 3rd quarter worth approximately $58,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in shares of Costco Wholesale during the 4th quarter worth approximately $58,000. Finally, Christopher J. Hasenberg Inc grew its holdings in shares of 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 purchasing an additional 56 shares in the last quarter. 68.48% of the stock is currently owned by institutional investors and hedge funds.

Costco Wholesale Stock Up 2.5 %

NASDAQ:COST opened at $943.19 on Friday. The company has a market cap of $418.68 billion, a price-to-earnings ratio of 55.38, a P/E/G ratio of 5.60 and a beta of 0.84. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.43 and a current ratio of 0.98. The stock’s fifty day moving average price is $949.82 and its two-hundred day moving average price is $901.17. Costco Wholesale Co. has a 52-week low of $675.96 and a 52-week high of $1,008.25.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Oppenheimer reaffirmed an “outperform” rating and issued a $1,075.00 target price (up from $980.00) on shares of Costco Wholesale in a research report on Tuesday, December 10th. Wells Fargo & Company lifted their target price on shares of Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Robert W. Baird upped their target price on shares of Costco Wholesale from $975.00 to $1,075.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. DA Davidson lifted their price objective on Costco Wholesale from $880.00 to $900.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Finally, Evercore ISI increased their target price on Costco Wholesale from $1,019.00 to $1,020.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Nine research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,013.59.

Insider Activity

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