Signaturefd LLC Acquires 909 Shares of Costco Wholesale Co. (COST)

Signaturefd LLC lifted its holdings in shares of Costco Wholesale Co. (NASDAQ:COST) by 62.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,355 shares of the retailer’s stock after acquiring an additional 909 shares during the quarter. Signaturefd LLC’s holdings in Costco Wholesale were worth $438,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of COST. Wealthcare Advisory Partners LLC acquired a new position in Costco Wholesale in the 3rd quarter worth $102,000. Jacobus Wealth Management Inc. acquired a new position in Costco Wholesale in the 3rd quarter worth $103,000. Assetmark Inc. lifted its holdings in Costco Wholesale by 137.0% in the 4th quarter. Assetmark Inc. now owns 564 shares of the retailer’s stock worth $105,000 after buying an additional 326 shares in the last quarter. Shamrock Asset Management LLC lifted its holdings in Costco Wholesale by 171.3% in the 3rd quarter. Shamrock Asset Management LLC now owns 662 shares of the retailer’s stock worth $109,000 after buying an additional 418 shares in the last quarter. Finally, Zions Bancorporation lifted its holdings in Costco Wholesale by 148.4% in the 3rd quarter. Zions Bancorporation now owns 688 shares of the retailer’s stock worth $113,000 after buying an additional 411 shares in the last quarter. Institutional investors and hedge funds own 72.78% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of COST stock opened at $180.84 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.44 and a current ratio of 1.00. Costco Wholesale Co. has a 1 year low of $150.00 and a 1 year high of $199.88. The firm has a market cap of $80,146.13, a PE ratio of 26.95, a P/E/G ratio of 2.76 and a beta of 0.97.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings data on Wednesday, March 7th. The retailer reported $1.42 earnings per share for the quarter, missing analysts’ consensus estimates of $1.45 by ($0.03). The business had revenue of $33 billion for the quarter, compared to the consensus estimate of $32.73 billion. Costco Wholesale had a net margin of 2.18% and a return on equity of 24.74%. Costco Wholesale’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.17 EPS. research analysts expect that Costco Wholesale Co. will post 6.68 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Friday, February 16th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Thursday, February 15th. Costco Wholesale’s payout ratio is 29.81%.

COST has been the subject of several research analyst reports. Stifel Nicolaus boosted their target price on shares of Costco Wholesale from $179.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, November 30th. Oppenheimer reissued a “buy” rating on shares of Costco Wholesale in a research report on Thursday, November 30th. Vetr downgraded shares of Costco Wholesale from a “hold” rating to a “sell” rating and set a $175.44 target price for the company. in a research report on Friday, December 1st. JPMorgan Chase & Co. reissued a “buy” rating and issued a $200.00 target price on shares of Costco Wholesale in a research report on Monday, December 4th. Finally, Moffett Nathanson initiated coverage on shares of Costco Wholesale in a research report on Monday, December 4th. They issued a “buy” rating 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's stock. Costco Wholesale currently has a consensus rating of "Buy" and a consensus price target of $190.76.

In other Costco Wholesale news, Director John W. Meisenbach sold 3,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $193.41, for a total transaction of $580,230.00. Following the completion of the transaction, the director now directly owns 8,654 shares of the company’s stock, valued at approximately $1,673,770.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Timothy L. Rose sold 12,000 shares of the business’s stock in a transaction dated Thursday, March 22nd. The shares were sold at an average price of $184.46, for a total transaction of $2,213,520.00. Following the transaction, the vice president now directly owns 22,903 shares of the company’s stock, valued at $4,224,687.38. The disclosure for this sale can be found here. Insiders have sold a total of 106,859 shares of company stock valued at $20,176,650 over the last three months. 0.74% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION WARNING: This news story was posted by Ticker Report and is the property of of Ticker Report. If you are accessing this news story on another publication, it was stolen and reposted in violation of U.S. and international copyright and trademark laws. The legal version of this news story can be accessed at https://www.tickerreport.com/banking-finance/3296407/signaturefd-llc-acquires-909-shares-of-costco-wholesale-co-cost.html.

Costco Wholesale 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.

Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Co. (NASDAQ:COST).

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

Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

SeaChange International  Expected to Earn Q1 2019 Earnings of  Per Share
SeaChange International Expected to Earn Q1 2019 Earnings of Per Share
Contrasting Brunswick  and Électricité de France
Contrasting Brunswick and Électricité de France
Head to Head Review: Sensata Technologies  vs. Its Competitors
Head to Head Review: Sensata Technologies vs. Its Competitors
Head-To-Head Comparison: Great Western Bancorp  vs. HopFed Bancorp
Head-To-Head Comparison: Great Western Bancorp vs. HopFed Bancorp
Zacks: Brokerages Anticipate Simpson Manufacturing  Will Announce Quarterly Sales of $238.34 Million
Zacks: Brokerages Anticipate Simpson Manufacturing Will Announce Quarterly Sales of $238.34 Million
Positive News Coverage Somewhat Unlikely to Impact Liberty Expedia  Stock Price
Positive News Coverage Somewhat Unlikely to Impact Liberty Expedia Stock Price


© 2006-2018 Ticker Report. Google+.