Boston Trust Walden Corp Increases Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Boston Trust Walden Corp lifted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 990,094 shares of the company’s stock after buying an additional 27,015 shares during the quarter. Boston Trust Walden Corp owned approximately 0.75% of BJ’s Wholesale Club worth $88,465,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. increased its holdings in shares of BJ’s Wholesale Club by 375.6% in the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company’s stock valued at $31,000 after acquiring an additional 293 shares during the last quarter. Reston Wealth Management LLC purchased a new position in BJ’s Wholesale Club in the third quarter valued at approximately $41,000. Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club during the third quarter worth approximately $55,000. Blue Trust Inc. lifted its position in shares of BJ’s Wholesale Club by 198.6% during the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after buying an additional 574 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of BJ’s Wholesale Club by 61.7% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,205 shares of the company’s stock valued at $99,000 after buying an additional 460 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analysts Set New Price Targets

BJ has been the topic of a number of analyst reports. Morgan Stanley boosted their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. TD Cowen increased 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 report on Thursday, December 12th. Citigroup raised their price objective 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. Roth Mkm increased their target price 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. Finally, Wells Fargo & Company lifted their price target on BJ’s Wholesale Club from $92.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average target price of $94.00.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $99.01 on Monday. The firm has a market capitalization of $13.08 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 4.66 and a beta of 0.32. The stock’s 50 day moving average price is $95.14 and its 200 day moving average price is $88.61. BJ’s Wholesale Club Holdings, Inc. has a one year low of $64.06 and a one year high of $100.74. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.89 by $0.29. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $5.12 billion. During the same period in the prior year, the business posted $0.98 EPS. The business’s revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

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.