9,044 Shares in Costco Wholesale Co. (NASDAQ:COST) Purchased by DSG Capital Advisors LLC

DSG Capital Advisors LLC bought a new position in Costco Wholesale Co. (NASDAQ:COST - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,044 shares of the retailer's stock, valued at approximately $8,287,000. Costco Wholesale comprises about 1.5% of DSG Capital Advisors LLC's investment portfolio, making the stock its 19th largest holding.

Several other hedge funds also recently bought and sold shares of COST. Vanguard Group Inc. raised its stake in shares of Costco Wholesale by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 42,201,610 shares of the retailer's stock valued at $38,668,069,000 after acquiring an additional 455,043 shares in the last quarter. Geode Capital Management LLC grew its holdings in Costco Wholesale by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 9,739,175 shares of the retailer's stock valued at $8,901,249,000 after purchasing an additional 252,118 shares during the last quarter. FMR LLC raised its position in shares of Costco Wholesale by 1.6% in the fourth quarter. FMR LLC now owns 9,457,824 shares of the retailer's stock valued at $8,665,921,000 after purchasing an additional 149,209 shares during the period. Norges Bank acquired a new stake in shares of Costco Wholesale in the fourth quarter worth $5,182,316,000. Finally, Northern Trust Corp boosted its holdings in shares of Costco Wholesale by 12.6% during the 4th quarter. Northern Trust Corp now owns 5,257,809 shares of the retailer's stock worth $4,817,573,000 after buying an additional 587,303 shares during the period. 68.48% of the stock is owned by institutional investors and hedge funds.

Costco Wholesale Price Performance

NASDAQ:COST traded up $40.04 during mid-day trading on Friday, reaching $1,048.78. 5,400,884 shares of the company were exchanged, compared to its average volume of 2,061,175. The company has a quick ratio of 0.43, a current ratio of 0.98 and a debt-to-equity ratio of 0.23. The stock has a market cap of $465.33 billion, a PE ratio of 61.58, a PEG ratio of 6.15 and a beta of 1.00. Costco Wholesale Co. has a 12 month low of $788.20 and a 12 month high of $1,078.24. The company has a fifty day moving average of $983.85 and a 200 day moving average of $975.34.

Costco Wholesale (NASDAQ:COST - Get Free Report) last released its quarterly earnings results on Thursday, May 29th. The retailer reported $4.28 EPS for the quarter, beating the consensus estimate of $4.24 by $0.04. Costco Wholesale had a net margin of 2.93% and a return on equity of 32.31%. The business had revenue of $63.21 billion for the quarter, compared to analysts' expectations of $62.93 billion. During the same period in the prior year, the firm earned $3.78 earnings per share. Costco Wholesale's revenue was up 8.0% compared to the same quarter last year. On average, research analysts anticipate that Costco Wholesale Co. will post 18.03 EPS for the current fiscal year.

Costco Wholesale Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were issued a $1.30 dividend. This is a boost from Costco Wholesale's previous quarterly dividend of $1.16. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $5.20 annualized dividend and a yield of 0.50%. Costco Wholesale's dividend payout ratio (DPR) is currently 30.36%.

Insider Buying and Selling

In other Costco Wholesale news, CEO Roland Michael Vachris sold 3,600 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $931.00, for a total value of $3,351,600.00. Following the sale, the chief executive officer now directly owns 41,077 shares in the company, valued at approximately $38,242,687. This trade represents a 8.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP James C. Klauer sold 4,000 shares of the stock in a transaction dated Thursday, April 17th. The stock was sold at an average price of $981.07, for a total value of $3,924,280.00. Following the completion of the sale, the executive vice president now owns 43,994 shares of the company's stock, valued at $43,161,193.58. This trade represents a 8.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,600 shares of company stock valued at $9,140,195 over the last ninety days. Insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

COST has been the topic of several recent analyst reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Costco Wholesale in a report on Friday, March 7th. Mizuho began coverage on Costco Wholesale in a research note on Friday, April 11th. They issued a "neutral" rating and a $975.00 price objective on the stock. Loop Capital decreased their target price on Costco Wholesale from $1,115.00 to $1,110.00 and set a "buy" rating for the company in a research note on Thursday. Stifel Nicolaus set a $1,035.00 target price on Costco Wholesale in a report on Thursday. Finally, Evercore ISI upped their price target on Costco Wholesale from $1,070.00 to $1,075.00 and gave the stock an "outperform" rating in a report on Thursday. Ten equities research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,035.32.

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.