Valley Wealth Managers Inc. Has $18.24 Million Stock Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Valley Wealth Managers Inc. decreased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 204,108 shares of the company's stock after selling 2,906 shares during the quarter. Valley Wealth Managers Inc. owned approximately 0.15% of BJ's Wholesale Club worth $18,237,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Lifestyle Asset Management Inc. raised its position in shares of BJ's Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company's stock valued at $1,191,000 after purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC raised its position in shares of BJ's Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company's stock valued at $1,353,000 after purchasing an additional 111 shares during the period. CIBC Asset Management Inc raised its position in shares of BJ's Wholesale Club by 3.3% in the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company's stock valued at $322,000 after purchasing an additional 123 shares during the period. Venturi Wealth Management LLC increased its position in BJ's Wholesale Club by 4.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock worth $267,000 after acquiring an additional 132 shares during the period. Finally, OLD National Bancorp IN increased its position in BJ's Wholesale Club by 2.5% during the third quarter. OLD National Bancorp IN now owns 5,438 shares of the company's stock worth $449,000 after acquiring an additional 133 shares during the period. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Down 2.1 %

Shares of BJ traded down $2.16 on Friday, hitting $101.44. The company's stock had a trading volume of 1,653,687 shares, compared to its average volume of 1,514,770. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm's fifty day moving average price is $97.49 and its 200-day moving average price is $90.30. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $68.53 and a fifty-two week high of $108.00. The firm has a market capitalization of $13.40 billion, a price-to-earnings ratio of 24.38, a P/E/G ratio of 4.68 and a beta of 0.32.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.29. The business 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 firm's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.98 EPS. On average, equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Citigroup boosted their target price on shares of BJ's Wholesale Club from $94.00 to $101.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 18th. UBS Group lifted 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 research note on Friday, November 22nd. TD Cowen lifted their price target on shares of BJ's Wholesale Club from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, December 12th. Morgan Stanley lifted their price target on shares of 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. Finally, Wells Fargo & Company lifted their price target on shares of BJ's Wholesale Club from $100.00 to $115.00 and gave the stock an "overweight" rating in a research note on Monday, February 10th. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.88.

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.