Texas Yale Capital Corp. maintained its position in shares of Costco Wholesale Corporation (NASDAQ:COST) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 7,128 shares of the retailer’s stock at the close of the second quarter. Texas Yale Capital Corp.’s holdings in Costco Wholesale Corporation were worth $1,140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. State Street Corp lifted its holdings in Costco Wholesale Corporation by 1.3% during the first quarter. State Street Corp now owns 18,131,561 shares of the retailer’s stock valued at $3,040,476,000 after purchasing an additional 239,479 shares during the last quarter. FMR LLC lifted its holdings in Costco Wholesale Corporation by 1.5% during the first quarter. FMR LLC now owns 12,099,104 shares of the retailer’s stock valued at $2,028,898,000 after purchasing an additional 177,200 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Costco Wholesale Corporation by 1.3% during the first quarter. Bank of New York Mellon Corp now owns 6,254,387 shares of the retailer’s stock valued at $1,048,798,000 after purchasing an additional 79,201 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Costco Wholesale Corporation by 62.0% during the first quarter. Ameriprise Financial Inc. now owns 4,583,281 shares of the retailer’s stock valued at $768,568,000 after purchasing an additional 1,753,741 shares during the last quarter. Finally, Janus Capital Management LLC lifted its holdings in Costco Wholesale Corporation by 8.6% during the first quarter. Janus Capital Management LLC now owns 4,582,908 shares of the retailer’s stock valued at $768,494,000 after purchasing an additional 361,581 shares during the last quarter. Institutional investors own 72.49% of the company’s stock.

COST has been the topic of several recent research reports. TheStreet raised shares of Costco Wholesale Corporation from a “c” rating to a “b” rating in a report on Monday, October 9th. Stifel Nicolaus reissued a “buy” rating and issued a $173.00 price target (down from $191.00) on shares of Costco Wholesale Corporation in a report on Friday, June 23rd. BidaskClub downgraded shares of Costco Wholesale Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Northcoast Research raised shares of Costco Wholesale Corporation from a “neutral” rating to a “buy” rating and set a $190.00 price target on the stock in a report on Tuesday, June 20th. Finally, Robert W. Baird reissued a “buy” rating and issued a $200.00 price target on shares of Costco Wholesale Corporation in a report on Wednesday, June 28th. Eleven investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Costco Wholesale Corporation has an average rating of “Buy” and an average target price of $178.50.

In other news, Director John W. Meisenbach sold 1,000 shares of the 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 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 through this link. Insiders have sold a total of 3,000 shares of company stock worth $481,760 in the last three months. Corporate insiders own 0.74% of the company’s stock.

Costco Wholesale Corporation (NASDAQ:COST) opened at 159.85 on Monday. The firm’s 50-day moving average price is $160.27 and its 200 day moving average price is $164.46. The stock has a market cap of $69.89 billion, a price-to-earnings ratio of 26.29 and a beta of 0.94. Costco Wholesale Corporation has a 12 month low of $142.11 and a 12 month high of $183.18.

Costco Wholesale Corporation (NASDAQ:COST) last posted its quarterly earnings results on Thursday, October 5th. The retailer reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.06. Costco Wholesale Corporation had a return on equity of 22.33% and a net margin of 2.08%. The business had revenue of $42.30 billion for the quarter, compared to the consensus estimate of $41.55 billion. During the same quarter in the prior year, the company earned $1.77 EPS. The business’s revenue was up 15.7% compared to the same quarter last year. On average, analysts anticipate that Costco Wholesale Corporation will post $6.42 earnings per share for the current year.

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Costco Wholesale Corporation 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.

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

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