BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System trimmed its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,954 shares of the company's stock after selling 3,138 shares during the period. New York State Teachers Retirement System owned about 0.11% of BJ's Wholesale Club worth $13,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Ratings Changes

Several brokerages recently issued reports on BJ. TD Cowen upped 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. Morgan Stanley boosted their price target 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. Roth Mkm increased their price target on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a report on Monday, November 25th. Wells Fargo & Company lifted their price objective on shares of BJ's Wholesale Club from $100.00 to $115.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group increased their price objective on shares of 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. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $94.88.

BJ's Wholesale Club Price Performance

BJ stock traded down $2.16 during mid-day trading on Friday, reaching $101.44. 1,653,687 shares of the company's stock were exchanged, compared to its average volume of 1,514,770. The stock's 50 day moving average is $97.49 and its 200 day moving average is $90.30. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $68.53 and a 12-month high of $108.00. The company has a market cap of $13.40 billion, a price-to-earnings ratio of 24.38, a price-to-earnings-growth ratio of 4.68 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.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion during the quarter, compared to analysts' expectations of $5.12 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The business's revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 earnings per share. On average, research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

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.