Proficio Capital Partners LLC Invests $6.49 Million in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Proficio Capital Partners LLC purchased a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 72,642 shares of the company’s stock, valued at approximately $6,491,000. Proficio Capital Partners LLC owned approximately 0.05% of BJ’s Wholesale Club as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Lifestyle Asset Management Inc. lifted its stake in BJ’s Wholesale Club by 0.8% during the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after acquiring an additional 108 shares during the period. Gateway Investment Advisers LLC raised its holdings in shares of BJ’s Wholesale Club by 0.7% during the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock valued at $1,353,000 after purchasing an additional 111 shares during the last quarter. CIBC Asset Management Inc lifted its position in BJ’s Wholesale Club by 3.3% during the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock valued at $322,000 after purchasing an additional 123 shares during the period. Venturi Wealth Management LLC boosted its holdings in BJ’s Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after purchasing an additional 132 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in BJ’s Wholesale Club by 5.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock worth $224,000 after purchasing an additional 133 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Trading Down 2.2 %

Shares of BJ stock opened at $99.07 on Tuesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The stock has a fifty day simple moving average of $98.26 and a two-hundred day simple moving average of $91.12. The firm has a market capitalization of $13.09 billion, a PE ratio of 23.81, a PEG ratio of 4.50 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $70.65 and a 52-week high of $108.00.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on BJ shares. TD Cowen raised their price target on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Citigroup raised their target price on 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. UBS Group upped their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Roth Mkm raised their price objective on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Finally, Jefferies Financial Group boosted their target price on shares of 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. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $96.24.

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.