Choreo LLC Has $242,000 Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Choreo LLC cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 34.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,704 shares of the company’s stock after selling 1,405 shares during the quarter. Choreo LLC’s holdings in BJ’s Wholesale Club were worth $242,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. FMR LLC boosted its position in BJ’s Wholesale Club by 7.2% during the third quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after purchasing an additional 966,528 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of BJ’s Wholesale Club by 60.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock worth $196,929,000 after buying an additional 896,263 shares during the period. Rockefeller Capital Management L.P. boosted its holdings in shares of BJ’s Wholesale Club by 4,834.5% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company’s stock worth $51,567,000 after buying an additional 612,535 shares during the period. Jennison Associates LLC grew its stake in BJ’s Wholesale Club by 280.5% in the 3rd quarter. Jennison Associates LLC now owns 533,336 shares of the company’s stock valued at $43,990,000 after buying an additional 393,181 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in BJ’s Wholesale Club by 7.6% in the 3rd quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company’s stock worth $408,926,000 after acquiring an additional 337,217 shares during the period. 98.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on BJ shares. TD Cowen upped their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Wells Fargo & Company raised their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Roth Mkm upped their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Morgan Stanley increased their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Finally, Citigroup boosted their target price on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $94.88.

BJ’s Wholesale Club Stock Down 0.9 %

NYSE BJ opened at $105.97 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $68.30 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 stock’s 50 day moving average is $96.84 and its two-hundred day moving average is $89.70. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 25.47, a PEG ratio of 4.69 and a beta of 0.32.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.89 by $0.29. The business had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. BJ’s Wholesale Club’s quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

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.