Mutual of America Capital Management LLC Reduces Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Mutual of America Capital Management LLC decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,037 shares of the company’s stock after selling 1,687 shares during the period. Mutual of America Capital Management LLC owned approximately 0.05% of BJ’s Wholesale Club worth $6,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Neo Ivy Capital Management acquired a new stake in BJ’s Wholesale Club during the 3rd quarter valued at approximately $828,000. Sanctuary Advisors LLC lifted its position in BJ’s Wholesale Club by 129.0% during the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after purchasing an additional 21,957 shares during the period. Victory Capital Management Inc. boosted its holdings in BJ’s Wholesale Club by 3.5% in the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock valued at $531,118,000 after purchasing an additional 217,385 shares during the last quarter. Oak Harvest Investment Services acquired a new stake in BJ’s Wholesale Club during the 4th quarter worth about $670,000. Finally, Navellier & Associates Inc. purchased a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at about $223,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

BJ has been the topic of a number of recent research reports. Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. upped their price objective on BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Morgan Stanley increased 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 report on Friday, November 22nd. Finally, TD Cowen raised their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average price target of $96.24.

BJ’s Wholesale Club Price Performance

NYSE:BJ opened at $99.07 on Tuesday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $70.65 and a 12 month high of $108.00. The firm has a market cap of $13.09 billion, a P/E ratio of 23.81, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. The stock has a 50 day moving average of $98.26 and a two-hundred day moving average of $91.12.

About BJ’s Wholesale Club

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.