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Dutch firm APG Asset Management nearly doubles its Costco shares, boosting its stake to 376,815 shares.
Dutch investment firm APG Asset Management significantly increased its holdings in Costco Wholesale by 112.2% in the last quarter, now owning 376,815 shares.
Despite slightly missing earnings expectations, Costco reported strong performance with a net margin of 2.93% and a return on equity of 32.31%.
The company's stock, which has a market cap of $402.92 billion, has seen interest from analysts, with a consensus "Moderate Buy" rating and a target price of $1,029.00.
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La firma holandesa APG Asset Management casi duplica sus acciones de Costco, aumentando su participación a 376.815 acciones.