BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) by 5.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 11,228 shares of the company’s stock after buying an additional 602 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in BJ’s Wholesale Club were worth $801,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in shares of BJ’s Wholesale Club by 45.3% during the third quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock worth $34,000 after buying an additional 153 shares during the period. ST Germain D J Co. Inc. acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth about $37,000. First Horizon Advisors Inc. boosted its stake in shares of BJ’s Wholesale Club by 41.2% during the second quarter. First Horizon Advisors Inc. now owns 665 shares of the company’s stock worth $42,000 after buying an additional 194 shares during the period. Huntington National Bank boosted its stake in shares of BJ’s Wholesale Club by 159.9% during the third quarter. Huntington National Bank now owns 668 shares of the company’s stock worth $48,000 after buying an additional 411 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth about $46,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BJ. Wells Fargo & Company reiterated an “equal weight” rating and set a $70.00 target price (down previously from $73.00) on shares of BJ’s Wholesale Club in a research note on Thursday, January 4th. Citigroup reduced their price objective on shares of BJ’s Wholesale Club from $74.00 to $72.00 and set a “neutral” rating for the company in a research report on Monday, November 20th. The Goldman Sachs Group downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $75.00 to $73.00 in a research report on Tuesday, October 17th. Roth Mkm restated a “neutral” rating and issued a $63.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, November 20th. Finally, Evercore ISI reduced their price objective on shares of BJ’s Wholesale Club from $68.00 to $64.00 and set an “in-line” rating for the company in a research report on Monday, November 20th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $70.76.

View Our Latest Analysis on BJ

BJ’s Wholesale Club Stock Up 0.4 %

BJ stock opened at $67.38 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $60.33 and a 52-week high of $78.88. The company’s 50 day simple moving average is $65.85 and its 200-day simple moving average is $67.47. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.73 and a quick ratio of 0.12. The firm has a market capitalization of $8.99 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.38 and a beta of 0.23.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last posted its earnings results on Friday, November 17th. The company reported $0.98 EPS for the quarter, topping the consensus estimate of $0.95 by $0.03. The company had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $4.90 billion. BJ’s Wholesale Club had a net margin of 2.61% and a return on equity of 43.26%. The company’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.99 earnings per share. As a group, equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.86 EPS for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, SVP Joseph Mcgrail sold 1,000 shares of the stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $65.87, for a total transaction of $65,870.00. Following the completion of the sale, the senior vice president now owns 10,464 shares in the company, valued at approximately $689,263.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Company Profile

(Free Report)

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides perishable, general merchandise, gasoline, coupon books, promotions, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.

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Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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