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Capital International Inc. CA Boosts Holdings in Costco Wholesale Corporation $COST
Capital International Inc. CA has increased its stake in Costco Wholesale Corporation by 16.9% during the third quarter, now owning 59,886 shares valued at $55.43 million. Institutional investors and hedge funds combined own 68.48% of the company. Costco recently exceeded earnings expectations with $4.58 EPS and $69.6 billion in revenue, and analysts maintain a generally positive outlook with an average price target of $1,037.20.