Union Bancaire Privee UBP SA Purchases New Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Union Bancaire Privee UBP SA acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 22,077 shares of the company’s stock, valued at approximately $2,049,000.

Other large investors have also bought and sold shares of the company. Neo Ivy Capital Management bought a new stake in BJ’s Wholesale Club during the 3rd quarter valued at approximately $828,000. Sanctuary Advisors LLC boosted its position in BJ’s Wholesale Club by 129.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after acquiring an additional 21,957 shares in the last quarter. Victory Capital Management Inc. boosted its position in BJ’s Wholesale Club by 3.5% during the 3rd quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock valued at $531,118,000 after acquiring an additional 217,385 shares in the last quarter. Oak Harvest Investment Services bought a new stake in BJ’s Wholesale Club during the 4th quarter valued at approximately $670,000. Finally, Quantinno Capital Management LP boosted its position in BJ’s Wholesale Club by 44.6% during the 3rd quarter. Quantinno Capital Management LP now owns 23,900 shares of the company’s stock valued at $1,971,000 after acquiring an additional 7,374 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the company. Roth Mkm lifted their price objective on 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. Jefferies Financial Group boosted their price target on 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 boosted 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 target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Friday, November 22nd. Finally, UBS Group boosted their price target on BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.88.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $101.44 on Monday. The stock has a market capitalization of $13.40 billion, a PE ratio of 24.38, a price-to-earnings-growth ratio of 4.60 and a beta of 0.32. 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 current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The stock’s 50 day simple moving average is $97.49 and its 200 day simple moving average is $90.38.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion during 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 company’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 EPS. As a group, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal 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.