BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lessened its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,023 shares of the company’s stock after selling 296 shares during the period. Securian Asset Management Inc.’s holdings in BJ’s Wholesale Club were worth $896,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Neo Ivy Capital Management acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter valued at $828,000. Sanctuary Advisors LLC lifted its holdings in shares of BJ’s Wholesale Club by 129.0% in the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after purchasing an additional 21,957 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at $307,000. Oak Harvest Investment Services purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at $670,000. Finally, Navellier & Associates Inc. purchased a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at $223,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

BJ has been the subject of a number of research analyst reports. Barclays increased their target price on BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. UBS Group increased their target price on BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a report on Friday, March 7th. Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. Robert W. Baird increased their target price on BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, Citigroup upped their price target on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average price target of $108.71.

BJ’s Wholesale Club Trading Up 1.0 %

Shares of NYSE:BJ opened at $109.10 on Friday. The company has a market cap of $14.41 billion, a P/E ratio of 26.23, a P/E/G ratio of 4.50 and a beta of 0.28. The stock’s 50-day moving average is $101.50 and its 200-day moving average is $92.60. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $71.81 and a 52-week high of $118.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

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

BJ’s Wholesale Club Company 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.