Little House Capital LLC Has $3.81 Million Stake in Costco Wholesale Corporation (NASDAQ:COST)

Little House Capital LLC grew its position in Costco Wholesale Corporation (NASDAQ:COST - Free Report) by 17.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,030 shares of the retailer's stock after buying an additional 602 shares during the quarter. Little House Capital LLC's holdings in Costco Wholesale were worth $3,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investment Management Corp VA ADV bought a new position in Costco Wholesale in the fourth quarter valued at about $25,000. Synergy Investment Management LLC acquired a new stake in shares of Costco Wholesale in the 4th quarter valued at approximately $31,000. NewSquare Capital LLC boosted its stake in shares of Costco Wholesale by 250.0% in the 4th quarter. NewSquare Capital LLC now owns 35 shares of the retailer's stock valued at $32,000 after purchasing an additional 25 shares in the last quarter. Clear Investment Research LLC grew its holdings in shares of Costco Wholesale by 22.2% during the 4th quarter. Clear Investment Research LLC now owns 55 shares of the retailer's stock valued at $51,000 after purchasing an additional 10 shares during the last quarter. Finally, Aspect Partners LLC increased its position in Costco Wholesale by 24.4% during the 1st quarter. Aspect Partners LLC now owns 56 shares of the retailer's stock worth $53,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 68.48% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on COST shares. Stifel Nicolaus set a $1,035.00 target price on shares of Costco Wholesale in a research report on Thursday, May 29th. Telsey Advisory Group restated an "outperform" rating and set a $1,100.00 price objective on shares of Costco Wholesale in a research report on Tuesday, June 3rd. Cowen reaffirmed a "buy" rating on shares of Costco Wholesale in a report on Friday, March 7th. Barclays lifted their price target on Costco Wholesale from $940.00 to $980.00 and gave the company an "equal weight" rating in a research note on Monday, March 10th. Finally, 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 for the company. Nine research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. According to MarketBeat, Costco Wholesale currently has an average rating of "Moderate Buy" and an average price target of $1,034.79.

Costco Wholesale Trading Up 0.2%

NASDAQ COST opened at $985.14 on Friday. The stock has a market capitalization of $436.89 billion, a P/E ratio of 55.88, a P/E/G ratio of 5.82 and a beta of 1.00. The business has a 50 day simple moving average of $1,003.90 and a 200 day simple moving average of $981.10. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.02 and a quick ratio of 0.52. Costco Wholesale Corporation has a one year low of $793.00 and a one year high of $1,078.24.

Costco Wholesale (NASDAQ:COST - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The retailer reported $4.28 EPS for the quarter, topping the consensus estimate of $4.24 by $0.04. Costco Wholesale had a net margin of 2.92% and a return on equity of 30.48%. The company had revenue of $63.21 billion during the quarter, compared to the consensus estimate of $62.93 billion. During the same quarter last year, the firm posted $3.78 EPS. The company's quarterly revenue was up 8.0% on a year-over-year basis. Research analysts expect that Costco Wholesale Corporation will post 18.03 earnings per share for the current year.

Costco Wholesale Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 2nd were paid a $1.30 dividend. This is an increase from Costco Wholesale's previous quarterly dividend of $1.16. This represents a $5.20 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, May 2nd. Costco Wholesale's payout ratio is 29.50%.

Insider Activity

In other news, EVP Pierre Riel sold 2,000 shares of the business's stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $1,014.15, for a total transaction of $2,028,300.00. Following the completion of the sale, the executive vice president now owns 8,210 shares in the company, valued at $8,326,171.50. The trade was a 19.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Susan L. Decker sold 547 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $980.00, for a total value of $536,060.00. Following the transaction, the director now directly owns 11,531 shares in the company, valued at $11,300,380. The trade was a 4.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,547 shares of company stock worth $9,496,950. Company insiders own 0.18% of the company's stock.

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.

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