BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC raised its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,257 shares of the company’s stock after buying an additional 324 shares during the period. Smartleaf Asset Management LLC’s holdings in BJ’s Wholesale Club were worth $113,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of BJ. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. UMB Bank n.a. grew 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 worth $56,000 after purchasing an additional 253 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of 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 worth $104,000 after purchasing an additional 703 shares during the last quarter. Blue Trust Inc. grew its stake in shares of BJ’s Wholesale Club by 120.7% in the 4th quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock worth $157,000 after purchasing an additional 1,042 shares during the last quarter. Finally, Anchor Investment Management LLC grew its stake in shares of BJ’s Wholesale Club by 47.3% in the 3rd quarter. Anchor Investment Management LLC now owns 2,037 shares of the company’s stock worth $168,000 after purchasing an additional 654 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $115.85 on Friday. 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 stock has a market cap of $15.30 billion, a P/E ratio of 27.85, a P/E/G ratio of 4.50 and a beta of 0.28. The firm has a 50 day simple moving average of $98.88 and a 200 day simple moving average of $91.43. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $116.00.

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on BJ shares. Robert W. Baird lifted 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 research note on Friday. Loop Capital lifted 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 research note on Friday. TD Cowen lifted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. DA Davidson lifted their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and a consensus target price of $104.65.

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.