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

Proficio Capital Partners LLC purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 72,642 shares of the company’s stock, valued at approximately $6,491,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BJ. Wilmington Savings Fund Society FSB purchased a new position in shares of BJ’s Wholesale Club during the third quarter worth about $55,000. UMB Bank n.a. boosted its holdings in 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 in the last quarter. Avior Wealth Management LLC boosted its holdings in BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after purchasing an additional 703 shares in the last quarter. Smartleaf Asset Management LLC boosted its holdings in BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock valued at $113,000 after purchasing an additional 324 shares in the last quarter. Finally, J.Safra Asset Management Corp boosted its holdings in BJ’s Wholesale Club by 68.7% in the 4th quarter. J.Safra Asset Management Corp now owns 1,495 shares of the company’s stock valued at $134,000 after purchasing an additional 609 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BJ. TD Cowen lifted their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Loop Capital lifted their price objective on BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a report on Friday, March 7th. Citigroup lifted their price objective on BJ’s Wholesale Club from $101.00 to $115.00 and gave the company a “neutral” rating in a report on Friday, March 7th. Barclays lifted their price target on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Finally, Cowen reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.71.

BJ’s Wholesale Club Trading Up 1.0 %

Shares of BJ opened at $109.10 on Monday. The stock has a fifty day moving average of $101.50 and a two-hundred day moving average of $92.67. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The company has a market capitalization of $14.41 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $71.81 and a fifty-two week high of $118.40.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. As a group, analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current 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.