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

Nicholas Company Inc. decreased its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 276,675 shares of the company’s stock after selling 120 shares during the period. Nicholas Company Inc.’s holdings in BJ’s Wholesale Club were worth $24,721,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. grew its stake in shares of BJ’s Wholesale Club by 0.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock valued at $1,787,000 after buying an additional 105 shares during the period. Lifestyle Asset Management Inc. grew its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after buying an additional 108 shares during the period. Gateway Investment Advisers LLC boosted its position 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 boosted its position 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. Finally, Venturi Wealth Management LLC boosted its position 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. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $109.10 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The stock has a market cap of $14.41 billion, a P/E ratio of 26.23, a PEG ratio of 4.50 and a beta of 0.28. The company has a 50-day moving average of $101.50 and a two-hundred day moving average of $92.60. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $118.40.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. Citigroup increased their price objective on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. The Goldman Sachs Group increased their price objective on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research report on Monday, March 10th. JPMorgan Chase & Co. increased their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. Finally, Robert W. Baird increased their price objective on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club 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.