GW&K Investment Management LLC Has $88.53 Million Stock Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

GW&K Investment Management LLC trimmed its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 11.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 990,774 shares of the company's stock after selling 124,350 shares during the quarter. BJ's Wholesale Club accounts for about 0.8% of GW&K Investment Management LLC's investment portfolio, making the stock its 21st biggest position. GW&K Investment Management LLC owned approximately 0.75% of BJ's Wholesale Club worth $88,525,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BJ. QRG Capital Management Inc. boosted its stake in BJ's Wholesale Club by 4.7% during the 4th quarter. QRG Capital Management Inc. now owns 4,329 shares of the company's stock valued at $387,000 after acquiring an additional 193 shares during the last quarter. Proficio Capital Partners LLC bought a new position in shares of BJ's Wholesale Club during the fourth quarter worth about $6,491,000. Oppenheimer & Co. Inc. bought a new position in shares of BJ's Wholesale Club during the fourth quarter worth about $307,000. Y Intercept Hong Kong Ltd grew 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 worth $748,000 after purchasing an additional 2,092 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new stake in BJ's Wholesale Club in the fourth quarter valued at about $2,049,000. Institutional investors and hedge funds own 98.60% of the company's stock.

Wall Street Analyst Weigh In

BJ has been the topic of a number of research reports. UBS Group increased their target price on shares of BJ's Wholesale Club from $102.00 to $108.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Citigroup increased their price target on BJ's Wholesale Club from $94.00 to $101.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 18th. JPMorgan Chase & Co. boosted their price objective on BJ's Wholesale Club from $87.00 to $101.00 and gave the company a "neutral" rating in a research report on Monday. Wells Fargo & Company increased their target price on BJ's Wholesale Club from $100.00 to $115.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. Finally, Morgan Stanley raised their target price on BJ's Wholesale Club from $90.00 to $98.00 and gave the company an "equal weight" rating in a research note on Friday, November 22nd. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $96.24.

BJ's Wholesale Club Price Performance

Shares of NYSE:BJ traded up $1.78 during trading hours on Tuesday, hitting $101.19. 2,881,779 shares of the company's stock traded hands, compared to its average volume of 1,562,832. The company's fifty day simple moving average is $98.26 and its two-hundred day simple moving average is $91.12. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 24.32, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $108.00.

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.