NBW Capital LLC grew its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 107,515 shares of the company’s stock after purchasing an additional 3,543 shares during the period. NBW Capital LLC owned about 0.08% of BJ’s Wholesale Club worth $4,008,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Dupont Capital Management Corp increased its holdings in shares of BJ’s Wholesale Club by 109.9% in the 4th quarter. Dupont Capital Management Corp now owns 30,149 shares of the company’s stock worth $1,124,000 after purchasing an additional 15,787 shares in the last quarter. Neo Ivy Capital Management purchased a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth $33,000. Alps Advisors Inc. purchased a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth $281,000. Paloma Partners Management Co purchased a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth $477,000. Finally, Harbor Investment Advisory LLC boosted its stake in shares of BJ’s Wholesale Club by 88.4% in the 3rd quarter. Harbor Investment Advisory LLC now owns 1,027 shares of the company’s stock worth $43,000 after buying an additional 482 shares during the last quarter.
BJ has been the topic of a number of research reports. MKM Partners raised their price target on BJ’s Wholesale Club from $37.00 to $41.00 in a research note on Monday, November 23rd. Bank of America reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Wednesday, December 9th. Zacks Investment Research downgraded BJ’s Wholesale Club from a “hold” rating to a “sell” rating and set a $44.00 target price on the stock. in a research report on Monday, February 1st. Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “neutral” rating and set a $52.00 target price on the stock. in a research report on Thursday, January 28th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on BJ’s Wholesale Club from $44.00 to $47.00 and gave the company a “hold” rating in a research report on Friday, November 20th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $44.27.
In other BJ’s Wholesale Club news, EVP Brian Poulliot sold 28,450 shares of the business’s stock in a transaction that occurred on Wednesday, January 27th. The stock was sold at an average price of $48.55, for a total transaction of $1,381,247.50. Following the sale, the executive vice president now directly owns 148,135 shares of the company’s stock, valued at $7,191,954.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert Allan Steele sold 7,875 shares of the business’s stock in a transaction that occurred on Monday, November 30th. The stock was sold at an average price of $41.27, for a total value of $325,001.25. Following the sale, the director now directly owns 22,018 shares in the company, valued at $908,682.86. The disclosure for this sale can be found here. Insiders sold 138,139 shares of company stock worth $5,692,337 over the last ninety days. Insiders own 4.20% of the company’s stock.
Shares of BJ stock traded down $1.80 during trading hours on Tuesday, hitting $41.33. The stock had a trading volume of 20,846 shares, compared to its average volume of 2,313,246. BJ’s Wholesale Club Holdings, Inc. has a one year low of $18.84 and a one year high of $50.18. The company has a debt-to-equity ratio of 3.89, a current ratio of 0.72 and a quick ratio of 0.15. The stock’s 50-day moving average price is $41.70 and its two-hundred day moving average price is $41.02. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of 16.40, a PEG ratio of 0.84 and a beta of 0.46.
BJ’s Wholesale Club Company Profile
BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. The company also sells its products through its website and mobile app.
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