BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Wealth Alliance

Wealth Alliance cut its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,716 shares of the company’s stock after selling 346 shares during the quarter. Wealth Alliance’s holdings in BJ’s Wholesale Club were worth $421,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Lifestyle Asset Management Inc. grew its stake in shares of 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 worth $1,191,000 after purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC grew its stake in shares of BJ’s Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after purchasing an additional 111 shares during the period. CIBC Asset Management Inc grew its stake in shares of BJ’s Wholesale Club by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after purchasing an additional 123 shares during the period. Venturi Wealth Management LLC grew its stake in shares of BJ’s Wholesale Club by 4.6% during the 4th 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 period. Finally, Integrated Wealth Concepts LLC boosted its position in shares of 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 buying an additional 133 shares in the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wells Fargo & Company boosted their price objective on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. TD Cowen boosted their price objective on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Roth Mkm boosted 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 research report on Monday, November 25th. Citigroup boosted 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. Finally, UBS Group boosted their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.88.

BJ’s Wholesale Club Trading Down 2.1 %

Shares of BJ stock opened at $101.44 on Friday. The firm has a market cap of $13.40 billion, a P/E ratio of 24.38, a PEG ratio of 4.68 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $68.53 and a 1-year high of $108.00. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The firm’s 50-day simple moving average is $97.49 and its 200-day simple moving average is $90.30.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.29. The business had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company’s revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.98 EPS. As a group, equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

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.