Y Intercept Hong Kong Ltd Purchases 2,092 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Y Intercept Hong Kong Ltd raised its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,371 shares of the company’s stock after buying an additional 2,092 shares during the period. Y Intercept Hong Kong Ltd’s holdings in BJ’s Wholesale Club were worth $748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in BJ. Neo Ivy Capital Management purchased a new stake in BJ’s Wholesale Club during the third quarter valued at approximately $828,000. Sanctuary Advisors LLC increased its stake in BJ’s Wholesale Club by 129.0% during the 3rd 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 in the last quarter. Victory Capital Management Inc. increased its stake in BJ’s Wholesale Club by 3.5% during the 3rd 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 in the last quarter. Oak Harvest Investment Services acquired a new stake in shares of BJ’s Wholesale Club in the fourth quarter worth $670,000. Finally, Navellier & Associates Inc. acquired a new stake in shares of BJ’s Wholesale Club in the fourth quarter worth $223,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on BJ. Morgan Stanley raised their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Roth Mkm increased their price objective 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. UBS Group raised their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Jefferies Financial Group raised their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, Citigroup raised their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $94.88.

BJ’s Wholesale Club Stock Up 1.4 %

BJ opened at $101.25 on Friday. The firm has a 50 day moving average price of $98.14 and a 200 day moving average price of $90.91. The company has a market cap of $13.37 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $70.65 and a 1 year high of $108.00. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

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.