New York State Common Retirement Fund decreased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,974 shares of the company’s stock after selling 6,457 shares during the period. New York State Common Retirement Fund owned approximately 0.06% of BJ’s Wholesale Club worth $7,235,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the business. Creative Planning raised its holdings in shares of BJ’s Wholesale Club by 37.4% in the 3rd quarter. Creative Planning now owns 12,771 shares of the company’s stock worth $1,053,000 after acquiring an additional 3,473 shares during the last quarter. Blue Trust Inc. increased its holdings in BJ’s Wholesale Club by 198.6% during the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after purchasing an additional 574 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of BJ’s Wholesale Club by 33.8% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,466 shares of the company’s stock worth $286,000 after purchasing an additional 875 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of BJ’s Wholesale Club by 11.7% in the third quarter. Private Advisor Group LLC now owns 6,302 shares of the company’s stock valued at $520,000 after purchasing an additional 662 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of BJ’s Wholesale Club by 3.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,688 shares of the company’s stock valued at $469,000 after buying an additional 176 shares during the last quarter. 98.60% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on BJ shares. Wells Fargo & Company increased their price target on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. TD Cowen raised 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 research report on Thursday, December 12th. Citigroup upped their price objective 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. Roth Mkm lifted their target price on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Finally, Morgan Stanley increased their price target 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. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $94.88.
BJ’s Wholesale Club Stock Performance
NYSE BJ opened at $100.37 on Thursday. The firm has a market cap of $13.26 billion, a P/E ratio of 24.13, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The company’s 50 day moving average is $97.87 and its 200-day moving average is $90.73. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $70.65 and a 12-month high of $108.00.
About BJ’s Wholesale Club
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.
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