Vestmark Advisory Solutions Inc. Purchases 2,410 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Vestmark Advisory Solutions Inc. grew its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,700 shares of the company’s stock after purchasing an additional 2,410 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in BJ’s Wholesale Club were worth $3,637,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at about $85,550,000. Arizona State Retirement System raised its position in shares of BJ’s Wholesale Club by 0.7% in the fourth quarter. Arizona State Retirement System now owns 38,479 shares of the company’s stock valued at $3,438,000 after purchasing an additional 266 shares during the period. Aigen Investment Management LP bought a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at about $1,260,000. Proficio Capital Partners LLC bought a new position in shares of BJ’s Wholesale Club in the fourth quarter valued at about $6,491,000. Finally, J.Safra Asset Management Corp raised its position in shares of BJ’s Wholesale Club by 68.7% in the fourth quarter. J.Safra Asset Management Corp now owns 1,495 shares of the company’s stock valued at $134,000 after purchasing an additional 609 shares during the period. 98.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on BJ. Citigroup upped their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Jefferies Financial Group upped their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. UBS Group upped their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Morgan Stanley upped their price target 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. Finally, Roth Mkm upped their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company 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 given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $96.24.

BJ’s Wholesale Club Trading Up 11.9 %

BJ opened at $112.05 on Friday. The company’s 50 day moving average is $98.53 and its 200-day moving average is $91.28. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $71.81 and a 1-year high of $113.80. 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 company has a market cap of $14.80 billion, a P/E ratio of 26.93, a PEG ratio of 4.50 and a beta of 0.28.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

BJ’s Wholesale Club Profile

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.