Daymark Wealth Partners LLC Grows Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Daymark Wealth Partners LLC increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,544 shares of the company’s stock after purchasing an additional 182 shares during the period. Daymark Wealth Partners LLC’s holdings in BJ’s Wholesale Club were worth $317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BJ. Hsbc Holdings PLC raised its stake in shares of BJ’s Wholesale Club by 14.6% during the 2nd quarter. Hsbc Holdings PLC now owns 12,022 shares of the company’s stock valued at $1,056,000 after buying an additional 1,528 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in BJ’s Wholesale Club during the second quarter worth about $88,000. Bank of Montreal Can raised its position in BJ’s Wholesale Club by 2.2% during the second quarter. Bank of Montreal Can now owns 15,407 shares of the company’s stock valued at $1,385,000 after acquiring an additional 325 shares in the last quarter. AXA S.A. acquired a new position in BJ’s Wholesale Club in the second quarter valued at approximately $2,112,000. Finally, AQR Capital Management LLC purchased a new stake in BJ’s Wholesale Club in the 2nd quarter worth approximately $1,254,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares of the company’s stock, valued at $36,221,502.24. This represents a 2.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Stock Up 0.0 %

Shares of NYSE:BJ opened at $97.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $64.06 and a 52-week high of $100.74. The stock has a market cap of $12.82 billion, a P/E ratio of 23.34, a PEG ratio of 4.48 and a beta of 0.32. The business has a fifty day moving average of $94.18 and a two-hundred day moving average of $88.31. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BJ. TD Cowen boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Morgan Stanley upped their price objective 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. Jefferies Financial Group raised their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Citigroup upped their price target on BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a report on Wednesday, December 18th. Finally, Wells Fargo & Company lifted their price target on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. 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, the stock has an average rating of “Moderate Buy” and an average price target 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.