River Road Asset Management LLC Sells 85,893 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

River Road Asset Management LLC trimmed its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,789,185 shares of the company’s stock after selling 85,893 shares during the period. BJ’s Wholesale Club makes up about 3.3% of River Road Asset Management LLC’s holdings, making the stock its largest holding. River Road Asset Management LLC owned approximately 2.11% of BJ’s Wholesale Club worth $249,214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. QRG Capital Management Inc. raised its stake in shares of BJ’s Wholesale Club by 16.3% in the 3rd quarter. QRG Capital Management Inc. now owns 4,136 shares of the company’s stock valued at $341,000 after acquiring an additional 579 shares during the period. Assetmark Inc. raised its position in BJ’s Wholesale Club by 5.6% in the third quarter. Assetmark Inc. now owns 2,582 shares of the company’s stock valued at $213,000 after purchasing an additional 137 shares during the period. Atria Investments Inc lifted its stake in BJ’s Wholesale Club by 3.0% during the third quarter. Atria Investments Inc now owns 35,371 shares of the company’s stock worth $2,917,000 after purchasing an additional 1,022 shares in the last quarter. Crossmark Global Holdings Inc. lifted its stake in BJ’s Wholesale Club by 10.0% during the third quarter. Crossmark Global Holdings Inc. now owns 9,493 shares of the company’s stock worth $783,000 after purchasing an additional 860 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its position in shares of BJ’s Wholesale Club by 71.1% during the third quarter. Venturi Wealth Management LLC now owns 2,851 shares of the company’s stock worth $235,000 after buying an additional 1,185 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.1 %

NYSE BJ opened at $115.44 on Tuesday. 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 Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $118.40. The stock has a market capitalization of $15.25 billion, a PE ratio of 27.75, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The firm has a 50 day moving average of $99.86 and a two-hundred day moving average of $91.93.

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. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. As a group, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. The Goldman Sachs Group boosted their price objective on BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a report on Monday. UBS Group raised their price objective on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a research note on Friday. Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday. DA Davidson lifted their price objective on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a report on Friday. Finally, Morgan Stanley lifted their price objective on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $108.71.

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.