BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Blueshift Asset Management LLC

Blueshift Asset Management LLC lifted its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 158.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,382 shares of the company’s stock after buying an additional 4,521 shares during the period. Blueshift Asset Management LLC’s holdings in BJ’s Wholesale Club were worth $609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth $25,000. Davis Capital Management acquired a new stake in shares of BJ’s Wholesale Club during the third quarter worth about $25,000. UMB Bank n.a. grew its holdings in shares of BJ’s Wholesale Club by 375.6% during the third quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after buying an additional 293 shares during the last quarter. Reston Wealth Management LLC acquired a new position in BJ’s Wholesale Club in the 3rd quarter valued at about $41,000. Finally, J.Safra Asset Management Corp purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at approximately $45,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Down 0.3 %

BJ opened at $96.77 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The company has a market cap of $12.83 billion, a price-to-earnings ratio of 23.26, a PEG ratio of 4.63 and a beta of 0.24. BJ’s Wholesale Club Holdings, Inc. has a one year low of $63.73 and a one year high of $99.91. The business’s fifty day moving average is $86.53 and its two-hundred day moving average is $85.75.

Wall Street Analyst Weigh In

BJ has been the topic of a number of recent research reports. TD Cowen boosted their target price on BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Wells Fargo & Company boosted their price objective on shares of 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. Jefferies Financial Group raised their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley boosted their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Friday, November 22nd. Finally, Roth Mkm raised 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 research report on Monday. Six investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.25.

Insider Transactions at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $85.47, for a total transaction of $940,170.00. Following the completion of the transaction, the chief executive officer now directly owns 423,792 shares in the company, valued at $36,221,502.24. The trade was a 2.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 33,000 shares of company stock valued at $2,734,820 in the last 90 days. 2.00% of the stock is currently owned by insiders.

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.