Avior Wealth Management LLC Has $104,000 Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Avior Wealth Management LLC grew its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 151.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,168 shares of the company’s stock after purchasing an additional 703 shares during the quarter. Avior Wealth Management LLC’s holdings in BJ’s Wholesale Club were worth $104,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. SG Americas Securities LLC lifted its stake in shares of BJ’s Wholesale Club by 1,978.8% in the 4th quarter. SG Americas Securities LLC now owns 49,517 shares of the company’s stock valued at $4,424,000 after purchasing an additional 47,135 shares during the period. Daymark Wealth Partners LLC lifted its stake in shares of BJ’s Wholesale Club by 5.4% in the 4th quarter. Daymark Wealth Partners LLC now owns 3,544 shares of the company’s stock valued at $317,000 after purchasing an additional 182 shares during the period. UMB Bank n.a. lifted its stake in shares of BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares during the period. Diversify Wealth Management LLC lifted its stake in shares of BJ’s Wholesale Club by 48.9% in the 4th quarter. Diversify Wealth Management LLC now owns 9,761 shares of the company’s stock valued at $943,000 after purchasing an additional 3,207 shares during the period. Finally, J2 Capital Management Inc acquired a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at about $419,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares in the company, valued at approximately $36,221,502.24. This represents a 2.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $98.58 on Wednesday. The firm has a market cap of $13.02 billion, a PE ratio of 23.70, a P/E/G ratio of 4.48 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 business has a 50 day moving average of $94.68 and a 200-day moving average of $88.43. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $64.06 and a 12-month high of $100.74.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. The company had revenue of $5.10 billion during 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 period in the prior year, the company posted $0.98 earnings per share. As a group, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

Analysts Set New Price Targets

BJ has been the subject of a number of research analyst reports. Morgan Stanley boosted their target price 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. Roth Mkm boosted their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research report on Monday, November 25th. TD Cowen boosted their target price on 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 boosted their target price on BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Finally, Jefferies Financial Group boosted their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $94.00.

About BJ’s Wholesale Club

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.