Silver Oak Securities Incorporated Sells 10,977 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Silver Oak Securities Incorporated cut its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 63.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,363 shares of the company's stock after selling 10,977 shares during the quarter. Silver Oak Securities Incorporated's holdings in BJ's Wholesale Club were worth $570,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in BJ's Wholesale Club during the 2nd quarter worth approximately $1,254,000. Creative Planning boosted its stake in shares of BJ's Wholesale Club by 10.7% during the second quarter. Creative Planning now owns 9,298 shares of the company's stock valued at $817,000 after purchasing an additional 898 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BJ's Wholesale Club by 123.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,500 shares of the company's stock worth $132,000 after purchasing an additional 828 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of BJ's Wholesale Club by 23.7% in the second quarter. Cetera Investment Advisers now owns 30,242 shares of the company's stock worth $2,656,000 after buying an additional 5,800 shares during the period. Finally, GAMMA Investing LLC raised its holdings in BJ's Wholesale Club by 21.7% during the 3rd quarter. GAMMA Investing LLC now owns 1,993 shares of the company's stock valued at $164,000 after buying an additional 355 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BJ shares. UBS Group raised their price target 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. Morgan Stanley raised their target price on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock an "equal weight" rating in a research note on Friday, November 22nd. Jefferies Financial Group upped their price target on 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. Roth Mkm lifted their price objective on BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a research report on Monday, November 25th. Finally, Citigroup upped their target price on BJ's Wholesale Club from $94.00 to $101.00 and gave the company a "neutral" rating in a report on Wednesday, December 18th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $94.88.

BJ's Wholesale Club Stock Up 0.6 %

NYSE:BJ traded up $0.59 during mid-day trading on Tuesday, hitting $106.89. 1,857,138 shares of the company's stock were exchanged, compared to its average volume of 1,525,935. The company has a market cap of $14.12 billion, a PE ratio of 25.69, 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 $66.96 and a one year high of $107.29. The business has a fifty day moving average price of $96.22 and a 200 day moving average price of $89.33.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.29. The firm had revenue of $5.10 billion for 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 for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.98 EPS. Equities analysts predict 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.