Union Bancaire Privee UBP SA Buys Shares of 22,077 BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Union Bancaire Privee UBP SA bought a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the fourth quarter, HoldingsChannel.com reports. The firm bought 22,077 shares of the company’s stock, valued at approximately $2,049,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Lifestyle Asset Management Inc. increased its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after purchasing an additional 108 shares in the last quarter. Gateway Investment Advisers LLC increased its stake in BJ’s Wholesale Club by 0.7% in the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after buying an additional 111 shares in the last quarter. CIBC Asset Management Inc increased its stake in BJ’s Wholesale Club by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after buying an additional 123 shares in the last quarter. Venturi Wealth Management LLC increased its stake in BJ’s Wholesale Club by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after buying an additional 132 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in BJ’s Wholesale Club by 5.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock worth $224,000 after buying an additional 133 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Down 2.1 %

Shares of NYSE:BJ opened at $101.44 on Monday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $68.53 and a 12 month high of $108.00. The company has a 50-day moving average price of $97.49 and a 200 day moving average price of $90.38. The company has a market cap of $13.40 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 4.60 and a beta of 0.32.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating 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 firm had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same quarter last year, the firm earned $0.98 EPS. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on BJ. Citigroup increased their price target on BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Morgan Stanley increased their price target 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 increased their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. UBS Group increased their price target on 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. Finally, Roth Mkm increased their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research note 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. Based on data from MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average 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.