2,723 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Purchased by Patten Group Inc.

Patten Group Inc. bought a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,723 shares of the company’s stock, valued at approximately $243,000.

Several other institutional investors have also recently made changes to their positions in BJ. Wilmington Savings Fund Society FSB purchased a new stake in shares of BJ’s Wholesale Club during the third quarter worth about $55,000. UMB Bank n.a. increased its stake in BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares during the last quarter. Avior Wealth Management LLC increased its stake in BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after acquiring an additional 324 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in BJ’s Wholesale Club by 120.7% in the 4th quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock worth $157,000 after acquiring an additional 1,042 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

BJ opened at $101.19 on Wednesday. The business has a fifty day moving average of $98.41 and a 200 day moving average of $91.22. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $71.81 and a 52-week high of $108.00. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The stock has a market cap of $13.37 billion, a P/E ratio of 24.32, a PEG ratio of 4.50 and a beta of 0.28.

Analysts Set New Price Targets

A number of analysts have issued reports on BJ shares. Jefferies Financial Group lifted their price objective on 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. Wells Fargo & Company lifted their price objective on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. JPMorgan Chase & Co. lifted their price objective on BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research note on Monday. Morgan Stanley lifted their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Friday, November 22nd. Finally, TD Cowen lifted their price objective 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. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.