Proficio Capital Partners LLC Makes New Investment in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Proficio Capital Partners LLC bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 72,642 shares of the company's stock, valued at approximately $6,491,000. Proficio Capital Partners LLC owned about 0.05% of BJ's Wholesale Club as of its most recent SEC filing.

Several other large investors have also bought and sold shares of BJ. Lifestyle Asset Management Inc. lifted 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 purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC lifted its stake in shares of BJ's Wholesale Club by 0.7% in the 4th 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 period. CIBC Asset Management Inc lifted its stake in shares of BJ's Wholesale Club by 3.3% in the 3rd 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 lifted its stake in shares of BJ's Wholesale Club by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after purchasing an additional 132 shares during the period. Finally, Cornerstone Investment Partners LLC increased its position in BJ's Wholesale Club by 2.6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company's stock valued at $470,000 after buying an additional 132 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Remove Ads

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock traded up $3.13 during trading on Monday, hitting $112.20. The stock had a trading volume of 1,426,726 shares, compared to its average volume of 1,551,824. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $71.81 and a 1 year high of $118.40. 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's 50 day moving average is $101.50 and its two-hundred day moving average is $92.67. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 26.97, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The business had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. As a group, analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BJ shares. TD Cowen boosted their target price on BJ's Wholesale Club from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, December 12th. Loop Capital boosted their target price on BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a research report on Friday, March 7th. Cowen reissued a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. DA Davidson boosted their price objective on BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Finally, Barclays boosted their price objective on BJ's Wholesale Club from $80.00 to $115.00 and gave the stock an "equal weight" rating in a report on Monday, March 10th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $108.71.

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.