Costco Wholesale Co. (NASDAQ:COST) Director Richard M. Libenson sold 20,000 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $193.03, for a total transaction of $3,860,600.00. Following the transaction, the director now owns 3,919 shares of the company’s stock, valued at $756,484.57. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Costco Wholesale Co. (NASDAQ COST) opened at $186.92 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.98 and a quick ratio of 0.43. The firm has a market cap of $84,459.66, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 3.24 and a beta of 0.98. Costco Wholesale Co. has a one year low of $150.00 and a one year high of $195.35.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings results on Thursday, December 14th. The retailer reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.01. The business had revenue of $31.81 billion during the quarter, compared to the consensus estimate of $31.01 billion. Costco Wholesale had a net margin of 2.09% and a return on equity of 23.39%. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.24 earnings per share. equities analysts anticipate that Costco Wholesale Co. will post 6.52 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, November 17th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend was Thursday, November 16th. Costco Wholesale’s dividend payout ratio is presently 31.80%.

COST has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Costco Wholesale from a “c” rating to a “b” rating in a research report on Monday, October 9th. Robert W. Baird reiterated a “buy” rating and issued a $200.00 target price on shares of Costco Wholesale in a research report on Friday, August 25th. Oppenheimer reiterated a “buy” rating on shares of Costco Wholesale in a research report on Thursday, August 24th. Zacks Investment Research upgraded shares of Costco Wholesale from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research report on Tuesday, September 12th. Finally, UBS reiterated a “buy” rating and issued a $190.00 target price on shares of Costco Wholesale in a research report on Thursday, August 31st. Eleven equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Costco Wholesale presently has an average rating of “Buy” and a consensus target price of $187.32.

Institutional investors have recently bought and sold shares of the business. Parametric Portfolio Associates LLC raised its stake in shares of Costco Wholesale by 4.2% during the third quarter. Parametric Portfolio Associates LLC now owns 1,326,644 shares of the retailer’s stock valued at $217,954,000 after acquiring an additional 53,284 shares during the last quarter. AXA raised its stake in shares of Costco Wholesale by 1.9% during the third quarter. AXA now owns 704,782 shares of the retailer’s stock valued at $115,788,000 after acquiring an additional 13,404 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Costco Wholesale during the third quarter valued at about $3,624,000. Public Employees Retirement System of Ohio raised its stake in shares of Costco Wholesale by 0.4% during the third quarter. Public Employees Retirement System of Ohio now owns 302,465 shares of the retailer’s stock valued at $49,692,000 after acquiring an additional 1,112 shares during the last quarter. Finally, Orleans Capital Management Corp LA bought a new position in shares of Costco Wholesale during the third quarter valued at about $329,000. 71.22% of the stock is owned by institutional investors and hedge funds.

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About Costco Wholesale

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.

Insider Buying and Selling by Quarter for Costco Wholesale (NASDAQ:COST)

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