National Planning Corp increased its position in Costco Wholesale Corporation (NASDAQ:COST) by 6.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,145 shares of the retailer’s stock after purchasing an additional 903 shares during the quarter. National Planning Corp’s holdings in Costco Wholesale Corporation were worth $2,405,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Delta Asset Management LLC TN lifted its holdings in shares of Costco Wholesale Corporation by 11.6% during the 2nd quarter. Delta Asset Management LLC TN now owns 627 shares of the retailer’s stock valued at $100,000 after purchasing an additional 65 shares during the last quarter. Northwest Investment Counselors LLC purchased a new stake in shares of Costco Wholesale Corporation during the 2nd quarter valued at $107,000. Mercer Capital Advisers Inc. lifted its holdings in shares of Costco Wholesale Corporation by 3.5% during the 2nd quarter. Mercer Capital Advisers Inc. now owns 687 shares of the retailer’s stock valued at $110,000 after purchasing an additional 23 shares during the last quarter. Mosaic Family Wealth LLC lifted its holdings in shares of Costco Wholesale Corporation by 16.7% during the 1st quarter. Mosaic Family Wealth LLC now owns 700 shares of the retailer’s stock valued at $117,000 after purchasing an additional 100 shares during the last quarter. Finally, CKW Financial Group lifted its holdings in shares of Costco Wholesale Corporation by 33.1% during the 1st quarter. CKW Financial Group now owns 804 shares of the retailer’s stock valued at $135,000 after purchasing an additional 200 shares during the last quarter. Institutional investors own 72.35% of the company’s stock.

Costco Wholesale Corporation (NASDAQ COST) opened at 157.09 on Friday. The company has a 50-day moving average of $159.96 and a 200-day moving average of $164.83. The stock has a market capitalization of $68.68 billion, a price-to-earnings ratio of 25.84 and a beta of 0.94. Costco Wholesale Corporation has a 52 week low of $142.11 and a 52 week high of $183.18. Costco Wholesale Corporation also saw unusually large options trading activity on Thursday. Stock investors acquired 21,435 call options on the stock. This represents an increase of 266% compared to the average volume of 5,855 call options.

Costco Wholesale Corporation (NASDAQ:COST) last issued its earnings results on Thursday, October 5th. The retailer reported $2.08 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.06. Costco Wholesale Corporation had a net margin of 2.06% and a return on equity of 20.45%. The company had revenue of $42.30 billion for the quarter, compared to analyst estimates of $41.55 billion. During the same period in the prior year, the business posted $1.77 earnings per share. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. Analysts anticipate that Costco Wholesale Corporation will post $6.43 earnings per share for the current year.

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COST has been the subject of several analyst reports. Robert W. Baird reiterated a “buy” rating and set a $200.00 price objective on shares of Costco Wholesale Corporation in a report on Wednesday, June 28th. Stifel Nicolaus reiterated a “buy” rating and set a $173.00 price objective (down previously from $191.00) on shares of Costco Wholesale Corporation in a report on Friday, June 23rd. BidaskClub lowered Costco Wholesale Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Northcoast Research upgraded Costco Wholesale Corporation from a “neutral” rating to a “buy” rating and set a $190.00 price objective for the company in a report on Tuesday, June 20th. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of Costco Wholesale Corporation in a report on Monday, June 19th. Twelve analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $178.39.

In other Costco Wholesale Corporation news, Director John W. Meisenbach sold 1,000 shares of the company’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $157.59, for a total transaction of $157,590.00. Following the transaction, the director now directly owns 6,974 shares in the company, valued at $1,099,032.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 3,000 shares of company stock worth $481,760 over the last 90 days. 0.74% of the stock is currently owned by company insiders.

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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