Blair William & Co. IL Boosts Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Blair William & Co. IL increased its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 32.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 413,495 shares of the company’s stock after buying an additional 101,625 shares during the quarter. Blair William & Co. IL’s holdings in BJ’s Wholesale Club were worth $36,946,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BJ. Neo Ivy Capital Management purchased a new stake in shares of BJ’s Wholesale Club in the third quarter valued at approximately $828,000. Sanctuary Advisors LLC increased its holdings in BJ’s Wholesale Club by 129.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock worth $3,215,000 after acquiring an additional 21,957 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in BJ’s Wholesale Club during the fourth quarter worth $307,000. Wealthfront Advisers LLC lifted its holdings in BJ’s Wholesale Club by 1,462.2% during the fourth quarter. Wealthfront Advisers LLC now owns 54,208 shares of the company’s stock valued at $4,843,000 after purchasing an additional 50,738 shares in the last quarter. Finally, Intech Investment Management LLC grew its position in shares of BJ’s Wholesale Club by 278.6% in the fourth quarter. Intech Investment Management LLC now owns 53,968 shares of the company’s stock valued at $4,822,000 after purchasing an additional 39,713 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Citigroup raised their price target on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, March 7th. Morgan Stanley raised their target price on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a research report on Friday, March 7th. Robert W. Baird boosted their price target on BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Loop Capital raised their price objective on BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a report on Friday, March 7th. Finally, TD Cowen upped their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and a consensus price target of $108.71.

Insider Activity

In related news, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the sale, the executive vice president now owns 31,308 shares in the company, valued at approximately $3,456,716.28. The trade was a 38.98 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total value of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. The trade was a 32.67 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Trading Up 2.0 %

Shares of BJ’s Wholesale Club stock opened at $112.65 on Friday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $71.81 and a fifty-two week high of $118.40. The stock has a 50 day moving average of $104.60 and a 200 day moving average of $94.46. The firm has a market capitalization of $14.83 billion, a price-to-earnings ratio of 27.08, a PEG ratio of 4.50 and a beta of 0.28. 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 (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

BJ’s Wholesale Club 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.