Venturi Wealth Management LLC Purchases 132 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Venturi Wealth Management LLC lifted its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,983 shares of the company’s stock after purchasing an additional 132 shares during the quarter. Venturi Wealth Management LLC’s holdings in BJ’s Wholesale Club were worth $267,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Lifestyle Asset Management Inc. raised its position in BJ’s Wholesale Club by 0.8% during the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after buying an additional 108 shares during the last quarter. Gateway Investment Advisers LLC raised its holdings in shares of BJ’s Wholesale Club by 0.7% during the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after purchasing an additional 111 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in BJ’s Wholesale Club by 3.3% in the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock valued at $322,000 after purchasing an additional 123 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of BJ’s Wholesale Club by 5.2% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock valued at $224,000 after buying an additional 133 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in BJ’s Wholesale Club by 5.6% during the third quarter. Assetmark Inc. now owns 2,582 shares of the company’s stock worth $213,000 after acquiring an additional 137 shares during the period. Institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BJ. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Jefferies Financial Group upped their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company increased their price target on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Morgan Stanley boosted their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Finally, Roth Mkm increased their price objective on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.88.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $103.58 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. The company has a market capitalization of $13.68 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 4.67 and a beta of 0.32. The firm’s 50-day moving average is $97.41 and its two-hundred day moving average is $90.18. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $68.43 and a 12 month high of $108.00.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly 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. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.98 EPS. Analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

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.