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Costco Wholesale Corporation $COST Shares Bought by Mariner LLC
Mariner LLC increased its stake in Costco Wholesale Corporation by 1.5% in the third quarter, now owning 399,894 shares valued at $370.14 million. Other institutions also adjusted their holdings, and analysts currently rate Costco as a “Moderate Buy” with an average target price of $1,039.13. Recent positive news for Costco includes the strength of its Kirkland private label, a pilot of faster checkout technology, and a move to lower fertility drug costs in New Jersey through its pharmacy program.