BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 846,848 shares of the company’s stock after purchasing an additional 7,747 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.64% of BJ’s Wholesale Club worth $75,666,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. boosted its holdings in shares of BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after acquiring an additional 253 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of BJ’s Wholesale Club in the third quarter valued at about $55,000. Avior Wealth Management LLC boosted its holdings in shares of 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 valued at $104,000 after acquiring an additional 703 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of BJ’s Wholesale Club by 34.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock valued at $113,000 after acquiring an additional 324 shares in the last quarter. Finally, Blue Trust Inc. boosted 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 acquiring an additional 1,042 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $115.44 on Tuesday. The firm has a 50 day simple moving average of $99.86 and a 200-day simple moving average of $91.93. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The firm has a market cap of $15.25 billion, a PE ratio of 27.75, a P/E/G ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $71.81 and a 1-year high of $118.40.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $5.28 billion during the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analysts Set New Price Targets

BJ has been the topic of several analyst reports. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday. JPMorgan Chase & Co. boosted their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a report on Monday, March 3rd. Robert W. Baird boosted their price objective on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday. Loop Capital boosted their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a report on Friday. Finally, Jefferies Financial Group boosted their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $108.71.

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.