Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Institutional investors boosted Costco shares amid strong quarterly performance and rising stock prices.
Institutional investors including Northstar Advisory Group, Heartwood Wealth Advisors, and Goldstone Financial Group increased their stakes in Costco Wholesale Corporation during the second quarter, with several firms purchasing shares worth hundreds of thousands of dollars.
The company, with a $429.24 billion market cap, reported a 17.5% stock rise in the quarter, a quarterly dividend of $1.30, and a 0.5% dividend yield.
Despite insider sales totaling $5.03 million in the past three months, Costco’s stock remains strong, trading near $968 with a P/E ratio of 54.90 and a PEG ratio of 5.45.
Some analysts maintain a $1,035 target price, though Erste Group downgraded its rating to "hold."
Los inversores institucionales impulsaron las acciones de Costco en medio de un fuerte desempeño trimestral y el aumento de los precios de las acciones.