BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. decreased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 17.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,301 shares of the company’s stock after selling 6,969 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in BJ’s Wholesale Club were worth $2,975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BJ. Y Intercept Hong Kong Ltd boosted its stake in BJ’s Wholesale Club by 33.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 8,371 shares of the company’s stock valued at $748,000 after acquiring an additional 2,092 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at about $2,049,000. Navellier & Associates Inc. acquired a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at about $223,000. Paradigm Asset Management Co. LLC grew its stake in BJ’s Wholesale Club by 338.1% during the 4th quarter. Paradigm Asset Management Co. LLC now owns 9,200 shares of the company’s stock worth $822,000 after buying an additional 7,100 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. acquired a new position in BJ’s Wholesale Club during the fourth quarter worth approximately $938,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Morgan Stanley upped 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. UBS Group raised 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. Roth Mkm upped their target price 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. Finally, TD Cowen increased their target price on shares of 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. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $94.88.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $101.25 on Friday. The stock has a market capitalization of $13.37 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 4.50 and a beta of 0.32. The business’s 50 day moving average is $98.14 and its two-hundred day moving average is $90.96. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $70.65 and a 12-month high of $108.00. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23.

BJ’s Wholesale Club Company 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.