72,642 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 72,642 shares of the company’s stock, valued at approximately $6,491,000. Proficio Capital Partners LLC owned 0.05% of BJ’s Wholesale Club as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in BJ. Assetmark Inc. grew its position in BJ’s Wholesale Club by 5.6% in the third quarter. Assetmark Inc. now owns 2,582 shares of the company’s stock worth $213,000 after acquiring an additional 137 shares during the period. Sumitomo Mitsui Trust Group Inc. acquired a new position in BJ’s Wholesale Club during the third quarter worth $749,000. KBC Group NV lifted its stake in BJ’s Wholesale Club by 17.5% during the third quarter. KBC Group NV now owns 3,454 shares of the company’s stock worth $285,000 after purchasing an additional 514 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in BJ’s Wholesale Club by 140.9% during the third quarter. OneDigital Investment Advisors LLC now owns 22,710 shares of the company’s stock worth $1,873,000 after purchasing an additional 13,284 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in BJ’s Wholesale Club by 3.3% during the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after purchasing an additional 123 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on BJ shares. UBS Group upped their price target on BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Barclays upped their price target on BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. Robert W. Baird upped their price target on BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. TD Cowen increased their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, Roth Mkm increased their price objective on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and an average target price of $108.71.

BJ’s Wholesale Club Stock Up 1.0 %

BJ’s Wholesale Club stock opened at $109.10 on Monday. The stock’s fifty day moving average is $101.50 and its two-hundred day moving average is $92.67. The stock has a market cap of $14.41 billion, a PE ratio of 26.23, 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. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14.

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

BJ’s Wholesale Club 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.