Costco Wholesale Corporation (COST) Shares Bought by Kistler Tiffany Companies LLC

Kistler Tiffany Companies LLC grew its position in Costco Wholesale Corporation (NASDAQ:COST) by 33.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,593 shares of the retailer’s stock after acquiring an additional 644 shares during the period. Kistler Tiffany Companies LLC’s holdings in Costco Wholesale Corporation were worth $415,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Brightworth raised its stake in shares of Costco Wholesale Corporation by 0.3% in the second quarter. Brightworth now owns 1,334 shares of the retailer’s stock valued at $213,000 after acquiring an additional 4 shares during the last quarter. Pioneer Trust Bank N A OR raised its stake in shares of Costco Wholesale Corporation by 0.4% in the second quarter. Pioneer Trust Bank N A OR now owns 1,659 shares of the retailer’s stock valued at $266,000 after acquiring an additional 7 shares during the last quarter. Marshall & Sullivan Inc. WA raised its stake in shares of Costco Wholesale Corporation by 0.6% in the first quarter. Marshall & Sullivan Inc. WA now owns 1,590 shares of the retailer’s stock valued at $272,000 after acquiring an additional 10 shares during the last quarter. CHICAGO TRUST Co NA raised its stake in shares of Costco Wholesale Corporation by 0.5% in the second quarter. CHICAGO TRUST Co NA now owns 2,515 shares of the retailer’s stock valued at $402,000 after acquiring an additional 12 shares during the last quarter. Finally, Bank of The West raised its stake in shares of Costco Wholesale Corporation by 0.4% in the second quarter. Bank of The West now owns 3,401 shares of the retailer’s stock valued at $544,000 after acquiring an additional 15 shares during the last quarter. Institutional investors own 72.35% of the company’s stock.

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Shares of Costco Wholesale Corporation (NASDAQ COST) opened at 162.85 on Thursday. The company has a market capitalization of $71.42 billion, a PE ratio of 28.27 and a beta of 0.93. Costco Wholesale Corporation has a 52-week low of $142.11 and a 52-week high of $183.18. The company has a 50-day moving average of $157.91 and a 200 day moving average of $165.08.

The business also recently declared a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Friday, August 18th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.23%. This is a boost from Costco Wholesale Corporation’s previous quarterly dividend of $0.45. The ex-dividend date was Wednesday, August 16th. Costco Wholesale Corporation’s dividend payout ratio (DPR) is presently 34.66%.

Several research analysts recently weighed in on the stock. Vetr upgraded shares of Costco Wholesale Corporation from a “buy” rating to a “strong-buy” rating and set a $182.22 price objective for the company in a research report on Monday, August 21st. Oppenheimer Holdings, Inc. restated a “buy” rating on shares of Costco Wholesale Corporation in a research report on Thursday, August 24th. Robert W. Baird restated an “outperform” rating and issued a $200.00 price objective on shares of Costco Wholesale Corporation in a research report on Tuesday, May 30th. Barclays PLC restated an “overweight” rating and issued a $190.00 price objective (up previously from $185.00) on shares of Costco Wholesale Corporation in a research report on Sunday, May 28th. Finally, BidaskClub cut shares of Costco Wholesale Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Ten equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $179.37.

In other Costco Wholesale Corporation news, Director John W. Meisenbach sold 1,000 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $159.25, for a total value of $159,250.00. Following the completion of the sale, the director now directly owns 4,974 shares in the company, valued at $792,109.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold 3,000 shares of company stock valued at $477,120 over the last 90 days. Corporate insiders own 0.74% of the company’s stock.

Costco Wholesale Corporation 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.

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

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