Union Bancaire Privee UBP SA grew its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 81.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,026 shares of the company’s stock after buying an additional 5,381 shares during the period. Union Bancaire Privee UBP SA’s holdings in BJ’s Wholesale Club were worth $1,100,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the stock. Victory Capital Management Inc. lifted its position in shares of BJ’s Wholesale Club by 60.1% during the 3rd quarter. Victory Capital Management Inc. now owns 8,225,865 shares of the company’s stock valued at $768,716,000 after acquiring an additional 3,087,151 shares during the period. Norges Bank acquired a new stake in BJ’s Wholesale Club in the second quarter worth $178,952,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in BJ’s Wholesale Club in the third quarter valued at $110,523,000. Massachusetts Financial Services Co. MA increased its stake in BJ’s Wholesale Club by 31.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock valued at $446,817,000 after purchasing an additional 1,152,591 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of BJ’s Wholesale Club by 25.4% during the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock valued at $473,941,000 after purchasing an additional 1,028,779 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.
BJ’s Wholesale Club Trading Up 0.5%
NYSE BJ opened at $97.21 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The business has a fifty day simple moving average of $96.93 and a 200 day simple moving average of $94.21. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $86.68 and a 12 month high of $121.10. The firm has a market capitalization of $12.61 billion, a P/E ratio of 22.19, a PEG ratio of 3.36 and a beta of 0.36.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the company. William Blair restated a “mixed” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Robert W. Baird dropped their price target on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating on the stock in a research note on Monday, November 24th. UBS Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. JPMorgan Chase & Co. raised their price objective on BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Finally, TD Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th. Nine equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Hold” and a consensus price target of $107.63.
View Our Latest Report on BJ’s Wholesale Club
BJ’s Wholesale Club Company Profile
BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.
Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.
Further Reading
Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report).
Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.
