O Shaughnessy Asset Management LLC Has $795,000 Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

O Shaughnessy Asset Management LLC lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 28.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,894 shares of the company’s stock after acquiring an additional 1,973 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in BJ’s Wholesale Club were worth $795,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of BJ’s Wholesale Club during the fourth quarter valued at about $135,344,000. Raymond James Financial Inc. acquired a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $85,550,000. Franklin Resources Inc. increased its position in BJ’s Wholesale Club by 7.6% in the 3rd quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company’s stock valued at $408,926,000 after acquiring an additional 337,217 shares during the period. Clearbridge Investments LLC raised its stake in shares of BJ’s Wholesale Club by 11.8% during the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company’s stock valued at $208,218,000 after acquiring an additional 245,731 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in shares of BJ’s Wholesale Club by 66.2% during the fourth quarter. American Century Companies Inc. now owns 377,036 shares of the company’s stock worth $33,688,000 after purchasing an additional 150,205 shares during the period. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 2.0 %

Shares of BJ’s Wholesale Club stock opened at $112.20 on Wednesday. The stock has a market capitalization of $14.77 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $120.43. The stock has a 50 day moving average price of $107.71 and a two-hundred day moving average price of $96.73. 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 posted its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BJ. Barclays increased their price objective on BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. Citigroup upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $115.00 to $130.00 in a research report on Thursday, April 3rd. Loop Capital upped their target price 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. Evercore ISI lowered their price target on shares of BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating for the company in a report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. increased their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and a consensus price target of $110.82.

Insider Activity

In other BJ’s Wholesale Club news, EVP William C. Werner sold 20,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the transaction, the executive vice president now directly owns 31,308 shares in the company, valued at approximately $3,456,716.28. This trade represents a 38.98 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the completion of the sale, the chief executive officer now owns 422,033 shares of the company’s stock, valued at approximately $48,242,592.23. This represents a 39.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 326,405 shares of company stock worth $37,201,232 over the last three months. 2.00% of the stock is currently owned by insiders.

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.