BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lessened its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 13.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,271,235 shares of the company’s stock after selling 200,743 shares during the period. BJ’s Wholesale Club comprises 1.7% of TimesSquare Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. TimesSquare Capital Management LLC owned about 0.96% of BJ’s Wholesale Club worth $113,585,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reston Wealth Management LLC acquired a new position in BJ’s Wholesale Club during the 3rd quarter worth approximately $41,000. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter valued at $55,000. UMB Bank n.a. boosted its holdings in shares of BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after buying an additional 253 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of BJ’s Wholesale Club by 198.6% in the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock valued at $76,000 after buying an additional 574 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of BJ’s Wholesale Club by 61.7% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,205 shares of the company’s stock valued at $99,000 after buying an additional 460 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.7 %

Shares of BJ’s Wholesale Club stock opened at $105.23 on Wednesday. The company has a market cap of $13.90 billion, a P/E ratio of 25.30, a PEG ratio of 4.69 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ’s Wholesale Club Holdings, Inc. has a one year low of $68.36 and a one year high of $108.00. The firm has a fifty day moving average of $97.19 and a two-hundred day moving average of $89.98.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on BJ. Jefferies Financial Group upped their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Morgan Stanley upped their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a report on Friday, November 22nd. Roth Mkm upped their target price on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Wells Fargo & Company upped their price target on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Finally, Citigroup upped their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.88.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.