Atria Investments Inc cut its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 0.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,074 shares of the company’s stock after selling 297 shares during the period. Atria Investments Inc’s holdings in BJ’s Wholesale Club were worth $3,134,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club in the third quarter valued at $55,000. UMB Bank n.a. increased its holdings in BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC increased its holdings in BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after purchasing an additional 703 shares during the period. Smartleaf Asset Management LLC increased its holdings in BJ’s Wholesale Club by 34.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock valued at $113,000 after purchasing an additional 324 shares during the period. Finally, J.Safra Asset Management Corp increased its holdings in BJ’s Wholesale Club by 68.7% in the fourth quarter. J.Safra Asset Management Corp now owns 1,495 shares of the company’s stock valued at $134,000 after purchasing an additional 609 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.
BJ’s Wholesale Club Trading Up 3.1 %
BJ opened at $115.85 on Friday. 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 fifty-two week low of $71.81 and a fifty-two week high of $116.00. The firm has a market capitalization of $15.30 billion, a PE ratio of 27.85, a P/E/G ratio of 4.50 and a beta of 0.28. The company’s 50-day moving average is $99.35 and its 200 day moving average is $91.66.
Analyst Ratings Changes
A number of analysts recently weighed in on BJ shares. Morgan Stanley increased their price objective on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday. Jefferies Financial Group upped 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. Citigroup upped their price target on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. upped their price target on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday, March 3rd. Finally, Roth Mkm upped 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 research 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.65.
BJ’s Wholesale Club 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.
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