GPS Wealth Strategies Group LLC Sells 7,688 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

GPS Wealth Strategies Group LLC trimmed its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 44.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,591 shares of the company's stock after selling 7,688 shares during the quarter. GPS Wealth Strategies Group LLC's holdings in BJ's Wholesale Club were worth $857,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BJ. FMR LLC increased its holdings in BJ's Wholesale Club by 7.2% during the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company's stock worth $1,184,175,000 after purchasing an additional 966,528 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in BJ's Wholesale Club by 60.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company's stock worth $196,929,000 after buying an additional 896,263 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in BJ's Wholesale Club by 4,834.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company's stock valued at $51,567,000 after buying an additional 612,535 shares during the last quarter. Jennison Associates LLC lifted its stake in BJ's Wholesale Club by 280.5% during the 3rd quarter. Jennison Associates LLC now owns 533,336 shares of the company's stock valued at $43,990,000 after acquiring an additional 393,181 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in BJ's Wholesale Club by 7.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company's stock worth $408,926,000 after acquiring an additional 337,217 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Stock Performance

Shares of BJ traded down $0.98 during trading hours on Friday, hitting $99.01. The company's stock had a trading volume of 1,573,290 shares, compared to its average volume of 1,391,634. The company has a market cap of $13.08 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 4.65 and a beta of 0.32. 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 business has a 50 day simple moving average of $95.14 and a two-hundred day simple moving average of $88.61. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $64.06 and a 52-week high of $100.74.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion for the quarter, compared to analysts' expectations of $5.12 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. On average, equities analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of BJ's Wholesale Club from $92.00 to $100.00 and gave the company an "overweight" rating in a research report on Tuesday, November 12th. TD Cowen increased their price objective on shares of BJ's Wholesale Club from $110.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Jefferies Financial Group boosted their target price 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. Citigroup increased their price target on BJ's Wholesale Club from $94.00 to $101.00 and gave the company a "neutral" rating in a research report on Wednesday, December 18th. Finally, UBS Group boosted their price objective on 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 equities 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, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.00.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.