Fiera Capital Corp has increased its stake in Costco Wholesale Corporation by 10.3%, now owning 87,423 shares valued at $80.9 million. This comes as Costco beats quarterly earnings estimates with an EPS of $4.34 and revenue of $67.31 billion, while institutional investors collectively hold 68.48% of the stock. Analysts have given Costco a “Moderate Buy” rating with a consensus target price of $1,008.07, despite recent insider share sales and mixed news regarding partnerships and operational challenges.
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Fiera Capital Corp Raises Position in Costco Wholesale Corporation $COST
Fiera Capital Corp has increased its stake in Costco Wholesale Corporation by 10.3%, now owning 87,423 shares valued at $80.9 million. This comes as Costco beats quarterly earnings estimates with an EPS of $4.34 and revenue of $67.31 billion, while institutional investors collectively hold 68.48% of the stock. Analysts have given Costco a “Moderate Buy” rating with a consensus target price of $1,008.07, despite recent insider share sales and mixed news regarding partnerships and operational challenges.