Rhumbline Advisers Sells 3,280 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Rhumbline Advisers lowered its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 358,967 shares of the company's stock after selling 3,280 shares during the quarter. Rhumbline Advisers owned approximately 0.27% of BJ's Wholesale Club worth $32,074,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. FMR LLC boosted its stake in BJ's Wholesale Club by 7.2% in the third quarter. FMR LLC now owns 14,357,118 shares of the company's stock valued at $1,184,175,000 after acquiring an additional 966,528 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in shares of BJ's Wholesale Club by 60.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company's stock valued at $196,929,000 after purchasing an additional 896,263 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of 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 worth $51,567,000 after purchasing an additional 612,535 shares during the last quarter. Jennison Associates LLC boosted its position in shares of BJ's Wholesale Club by 280.5% in the 3rd 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 during the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of BJ's Wholesale Club by 7.6% during the third quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company's stock worth $408,926,000 after purchasing an additional 337,217 shares during the period. Institutional investors and hedge funds own 98.60% of the company's stock.

Analyst Ratings Changes

BJ has been the topic of a number of recent analyst reports. UBS Group raised their target price on BJ's Wholesale Club from $102.00 to $108.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Jefferies Financial Group increased their price target on shares of BJ's Wholesale Club from $105.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. Wells Fargo & Company boosted 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 report on Monday, February 10th. TD Cowen increased their target price on shares of BJ's Wholesale Club from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Finally, Roth Mkm boosted their price target on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the company a "neutral" rating in a report on Monday, November 25th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and an average target price of $94.88.

BJ's Wholesale Club Stock Down 2.1 %

Shares of BJ traded down $2.16 during midday trading on Friday, hitting $101.44. The stock had a trading volume of 1,653,687 shares, compared to its average volume of 1,514,767. The firm 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 50 day simple moving average of $97.41 and a two-hundred day simple moving average of $90.18. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $68.53 and a twelve month high of $108.00. 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 quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.12 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. BJ's Wholesale Club's quarterly revenue was up 3.5% on a year-over-year basis. During the same period last year, the company earned $0.98 earnings per share. On average, analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

BJ's Wholesale Club Company Profile

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.