Retirement Systems of Alabama Has $27.34 Million Stock Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Retirement Systems of Alabama lowered its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 306,017 shares of the company's stock after selling 3,993 shares during the period. Retirement Systems of Alabama owned approximately 0.23% of BJ's Wholesale Club worth $27,343,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Creative Planning boosted its holdings in shares of BJ's Wholesale Club by 10.7% in the 2nd quarter. Creative Planning now owns 9,298 shares of the company's stock valued at $817,000 after purchasing an additional 898 shares in the last quarter. Neo Ivy Capital Management bought a new stake in shares of BJ's Wholesale Club during the 3rd quarter worth $828,000. Sanctuary Advisors LLC boosted its stake in BJ's Wholesale Club by 129.0% in the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company's stock valued at $3,215,000 after buying an additional 21,957 shares in the last quarter. Victory Capital Management Inc. grew its position in BJ's Wholesale Club by 3.5% in the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company's stock valued at $531,118,000 after acquiring an additional 217,385 shares during the last quarter. Finally, Oak Harvest Investment Services acquired a new position in BJ's Wholesale Club during the fourth quarter worth about $670,000. Institutional investors and hedge funds own 98.60% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BJ shares. Citigroup lifted their price target on shares of BJ's Wholesale Club from $94.00 to $101.00 and gave the company a "neutral" rating in a report on Wednesday, December 18th. Roth Mkm boosted their target price on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a research note on Monday, November 25th. Jefferies Financial Group increased their price target on BJ's Wholesale Club from $105.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. 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. Finally, Morgan Stanley increased 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 report on Friday, November 22nd. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, BJ's Wholesale Club has an average rating of "Moderate Buy" and an average price target of $94.00.

BJ's Wholesale Club Trading Down 1.1 %

NYSE BJ traded down $1.18 during mid-day trading on Friday, reaching $104.46. 1,960,951 shares of the stock were exchanged, compared to its average volume of 1,430,824. The stock has a market cap of $13.80 billion, a P/E ratio of 25.11, a P/E/G ratio of 4.69 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 Holdings, Inc. has a one year low of $66.15 and a one year high of $105.97. The stock has a 50 day simple moving average of $95.79 and a 200-day simple moving average of $89.08.

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

BJ's Wholesale Club Profile

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.