Jones Financial Companies Lllp grew its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 355.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,027 shares of the company's stock after purchasing an additional 2,363 shares during the quarter. Jones Financial Companies Lllp's holdings in BJ's Wholesale Club were worth $270,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in BJ. Assetmark Inc. lifted its stake in shares of BJ's Wholesale Club by 5.6% during the third quarter. Assetmark Inc. now owns 2,582 shares of the company's stock valued at $213,000 after acquiring an additional 137 shares during the period. Atria Investments Inc lifted its stake in BJ's Wholesale Club by 3.0% in the third quarter. Atria Investments Inc now owns 35,371 shares of the company's stock valued at $2,917,000 after buying an additional 1,022 shares during the period. Crossmark Global Holdings Inc. lifted its stake in BJ's Wholesale Club by 10.0% in the third quarter. Crossmark Global Holdings Inc. now owns 9,493 shares of the company's stock valued at $783,000 after buying an additional 860 shares during the period. Venturi Wealth Management LLC lifted its stake in BJ's Wholesale Club by 71.1% in the third quarter. Venturi Wealth Management LLC now owns 2,851 shares of the company's stock valued at $235,000 after buying an additional 1,185 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. acquired a new position in BJ's Wholesale Club in the third quarter valued at about $749,000. Institutional investors and hedge funds own 98.60% of the company's stock.
BJ's Wholesale Club Trading Down 3.1 %
Shares of BJ's Wholesale Club stock opened at $108.05 on Thursday. The business has a fifty day simple moving average of $100.68 and a two-hundred day simple moving average of $92.24. 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 market capitalization of $14.27 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 4.50 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. Research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.
Analyst Ratings Changes
Several equities analysts have weighed in on BJ shares. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Robert W. Baird increased their target price on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Citigroup increased their price target on BJ's Wholesale Club from $101.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, March 7th. Jefferies Financial Group increased their price target on BJ's Wholesale Club from $105.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. Finally, Loop Capital increased their price target on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $108.71.
View Our Latest Stock Analysis on BJ's Wholesale Club
About BJ's Wholesale Club
(
Free Report)
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.
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