BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Amundi

Amundi decreased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 15.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,517,920 shares of the company’s stock after selling 1,012,820 shares during the quarter. Amundi owned about 4.18% of BJ’s Wholesale Club worth $510,502,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in BJ’s Wholesale Club in the 3rd quarter valued at about $55,000. UMB Bank n.a. grew 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 buying an additional 253 shares during the period. Avior Wealth Management LLC grew 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 buying an additional 703 shares during the period. Smartleaf Asset Management LLC grew 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 buying an additional 324 shares during the period. Finally, J.Safra Asset Management Corp grew 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 buying an additional 609 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the company. DA Davidson lifted their price target on BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Citigroup lifted their price target on BJ’s Wholesale Club from $101.00 to $115.00 and gave the company a “neutral” rating in a report on Friday. UBS Group lifted their price target on BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company lifted their price target on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, TD Cowen lifted their price target 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. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus target price of $104.65.

BJ’s Wholesale Club Stock Up 3.1 %

NYSE BJ opened at $115.85 on Friday. The stock has a market cap of $15.30 billion, a PE ratio of 27.85, a P/E/G 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 $116.00. The business has a 50 day moving average price of $99.35 and a two-hundred day moving average price of $91.66. 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 released its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion during the quarter, compared to analysts’ expectations 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, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 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.