Inspire Investing LLC Has $3.12 Million Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Inspire Investing LLC lifted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 34,944 shares of the company’s stock after buying an additional 8,736 shares during the quarter. Inspire Investing LLC’s holdings in BJ’s Wholesale Club were worth $3,122,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Davis Capital Management acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $25,000. UMB Bank n.a. lifted its stake in shares of BJ’s Wholesale Club by 375.6% during the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after buying an additional 293 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $41,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $55,000. Finally, Blue Trust Inc. lifted its stake in shares of BJ’s Wholesale Club by 198.6% during the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after buying an additional 574 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 2.3 %

Shares of BJ’s Wholesale Club stock opened at $95.25 on Thursday. The firm has a market capitalization of $12.58 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 4.59 and a beta of 0.32. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The firm’s 50 day moving average is $93.79 and its 200 day moving average is $88.19. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $64.06 and a 1 year high of $100.74.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. The company had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The firm’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 EPS. Equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $85.47, for a total transaction of $940,170.00. Following the sale, the chief executive officer now directly owns 423,792 shares in the company, valued at $36,221,502.24. This trade represents a 2.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

BJ has been the topic of a number of recent research reports. Roth Mkm raised their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Citigroup raised their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Wells Fargo & Company raised their price target on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. UBS Group raised their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Finally, Morgan Stanley raised their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

About BJ’s Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.