Stephens Inc. AR Takes $203,000 Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Stephens Inc. AR purchased a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,268 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds also recently made changes to their positions in the company. Neo Ivy Capital Management bought a new stake in shares of BJ’s Wholesale Club during the third quarter valued at approximately $828,000. Sanctuary Advisors LLC raised its holdings in shares of BJ’s Wholesale Club by 129.0% during the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after buying an additional 21,957 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of BJ’s Wholesale Club by 3.5% during the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock valued at $531,118,000 after buying an additional 217,385 shares during the last quarter. Oak Harvest Investment Services acquired a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at approximately $670,000. Finally, Quantinno Capital Management LP increased its stake in shares of BJ’s Wholesale Club by 44.6% during the third quarter. Quantinno Capital Management LP now owns 23,900 shares of the company’s stock valued at $1,971,000 after acquiring an additional 7,374 shares during the period. Institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of research analyst reports. Roth Mkm raised their price objective on shares of 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. Wells Fargo & Company raised their price objective on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Morgan Stanley raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. Citigroup raised their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Finally, UBS Group raised their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, BJ’s Wholesale Club currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.88.

BJ’s Wholesale Club Trading Down 0.9 %

Shares of NYSE:BJ opened at $105.97 on Monday. The firm has a fifty day moving average of $96.84 and a two-hundred day moving average of $89.72. The firm has a market capitalization of $14.00 billion, a P/E ratio of 25.47, a price-to-earnings-growth ratio of 4.69 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $68.30 and a 12-month high of $108.00. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 2.71% and a return on equity of 35.41%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. On average, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

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.