BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by New York Life Investment Management LLC

New York Life Investment Management LLC cut its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,968 shares of the company’s stock after selling 1,312 shares during the period. New York Life Investment Management LLC’s holdings in BJ’s Wholesale Club were worth $1,248,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club in the third quarter worth approximately $55,000. UMB Bank n.a. lifted its position in BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC lifted its position in BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after purchasing an additional 703 shares during the period. Blue Trust Inc. increased its holdings in shares of BJ’s Wholesale Club by 120.7% in the fourth quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock valued at $157,000 after buying an additional 1,042 shares in the last quarter. Finally, Anchor Investment Management LLC increased its holdings in shares of BJ’s Wholesale Club by 47.3% in the third quarter. Anchor Investment Management LLC now owns 2,037 shares of the company’s stock valued at $168,000 after buying an additional 654 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BJ. Roth Mkm upped their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. JPMorgan Chase & Co. upped their price target on BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a report on Monday. Morgan Stanley upped their price target on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a report on Friday, November 22nd. Jefferies Financial Group upped their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Finally, UBS Group boosted 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 research note on Friday, November 22nd. Seven investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $96.24.

BJ’s Wholesale Club Trading Down 2.2 %

NYSE BJ opened at $99.07 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $70.65 and a 1-year 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 company has a market capitalization of $13.09 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. The firm’s fifty day simple moving average is $98.26 and its 200-day simple moving average is $91.12.

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.