Lakeview Capital Partners LLC lifted its position in Costco Wholesale Corporation (NASDAQ:COST) by 6.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,977 shares of the retailer’s stock after buying an additional 240 shares during the period. Lakeview Capital Partners LLC’s holdings in Costco Wholesale Corporation were worth $636,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of COST. Waldron LP purchased a new position in shares of Costco Wholesale Corporation in the 1st quarter worth approximately $223,000. Macguire Cheswick & Tuttle Investment Counsel LLC grew its position in shares of Costco Wholesale Corporation by 0.7% in the 1st quarter. Macguire Cheswick & Tuttle Investment Counsel LLC now owns 85,991 shares of the retailer’s stock worth $14,420,000 after buying an additional 602 shares during the last quarter. Barrett Asset Management LLC grew its position in shares of Costco Wholesale Corporation by 24.5% in the 1st quarter. Barrett Asset Management LLC now owns 29,219 shares of the retailer’s stock worth $4,900,000 after buying an additional 5,750 shares during the last quarter. Tufton Capital Management purchased a new position in shares of Costco Wholesale Corporation in the 1st quarter worth approximately $490,000. Finally, Tarbox Group Inc. grew its position in shares of Costco Wholesale Corporation by 160.3% in the 1st quarter. Tarbox Group Inc. now owns 1,299 shares of the retailer’s stock worth $218,000 after buying an additional 800 shares during the last quarter. 72.35% of the stock is currently owned by hedge funds and other institutional investors.

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In other news, Director John W. Meisenbach sold 1,000 shares of Costco Wholesale Corporation stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $164.92, for a total transaction of $164,920.00. Following the completion of the transaction, the director now owns 6,974 shares of the company’s stock, valued at approximately $1,150,152.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders sold 3,000 shares of company stock valued at $481,760. 0.74% of the stock is owned by corporate insiders.

COST has been the topic of a number of analyst reports. Vetr raised shares of Costco Wholesale Corporation from a “buy” rating to a “strong-buy” rating and set a $182.22 price objective on the stock in a research report on Monday, August 21st. Deutsche Bank AG reaffirmed a “hold” rating and issued a $172.00 price objective on shares of Costco Wholesale Corporation in a research report on Tuesday, September 5th. Robert W. Baird set a $200.00 price objective on shares of Costco Wholesale Corporation and gave the stock a “buy” rating in a research report on Thursday, July 27th. BidaskClub downgraded shares of Costco Wholesale Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, June 20th. Finally, BMO Capital Markets set a $160.00 price objective on shares of Costco Wholesale Corporation and gave the stock a “hold” rating in a research report on Tuesday, August 29th. Ten analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $179.56.

Shares of Costco Wholesale Corporation (NASDAQ COST) opened at 165.21 on Thursday. The stock has a market cap of $72.46 billion, a price-to-earnings ratio of 28.68 and a beta of 0.94. Costco Wholesale Corporation has a one year low of $142.11 and a one year high of $183.18. The company has a 50-day moving average of $159.79 and a 200 day moving average of $164.89.

About Costco Wholesale Corporation

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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