Cox Capital Mgt LLC Raises Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Cox Capital Mgt LLC increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,117 shares of the company’s stock after buying an additional 461 shares during the period. Cox Capital Mgt LLC’s holdings in BJ’s Wholesale Club were worth $1,440,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Creative Planning increased its position 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 worth $817,000 after acquiring an additional 898 shares during the period. Neo Ivy Capital Management purchased a new position in BJ’s Wholesale Club during the 3rd quarter worth $828,000. Sanctuary Advisors LLC raised its position in BJ’s Wholesale Club by 129.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after purchasing an additional 21,957 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of BJ’s Wholesale Club by 3.5% in the 3rd quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock worth $531,118,000 after buying an additional 217,385 shares during the period. Finally, Quantinno Capital Management LP lifted its holdings in shares of BJ’s Wholesale Club by 44.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,900 shares of the company’s stock worth $1,971,000 after buying an additional 7,374 shares during the period. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

BJ opened at $93.56 on Wednesday. The firm’s 50-day moving average price is $93.01 and its 200-day moving average price is $87.81. The company has a market cap of $12.36 billion, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 4.69 and a beta of 0.32. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $64.06 and a 52-week high of $100.74.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results 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. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $5.12 billion. During the same quarter last year, the company posted $0.98 earnings per share. The business’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares in the company, valued at approximately $36,221,502.24. This represents a 2.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on BJ. UBS Group raised their price target on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Citigroup raised their target price on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. TD Cowen upped 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 report on Thursday, December 12th. Melius Research assumed coverage on shares of BJ’s Wholesale Club in a report on Monday, September 23rd. They set a “buy” rating and a $90.00 price objective on the stock. Finally, Roth Mkm upped their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average price target of $94.00.

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.