Machina Capital S.A.S. purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,106 shares of the company’s stock, valued at approximately $278,000.
A number of other large investors have also recently made changes to their positions in the company. Lifestyle Asset Management Inc. boosted its position in BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after buying an additional 108 shares during the period. Gateway Investment Advisers LLC boosted its position in BJ’s Wholesale Club by 0.7% in the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock valued at $1,353,000 after buying an additional 111 shares during the period. CIBC Asset Management Inc boosted its position in BJ’s Wholesale Club by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock valued at $322,000 after buying an additional 123 shares during the period. Venturi Wealth Management LLC boosted its position in BJ’s Wholesale Club by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock valued at $267,000 after buying an additional 132 shares during the period. Finally, Cornerstone Investment Partners LLC boosted its position in BJ’s Wholesale Club by 2.6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock valued at $470,000 after buying an additional 132 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.
BJ’s Wholesale Club Trading Up 3.1 %
NYSE BJ opened at $115.85 on Monday. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm has a market cap of $15.30 billion, a PE ratio of 27.85, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company has a 50 day moving average price of $99.35 and a 200 day moving average price of $91.69. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $116.00.
Analyst Ratings Changes
Several equities research analysts have issued reports on BJ shares. Morgan Stanley boosted 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 research report on Friday. Wells Fargo & Company boosted their price objective on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Robert W. Baird boosted their price objective on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday. TD Cowen upped their price target 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. Finally, DA Davidson upped their price target 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. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average target price of $104.65.
About BJ’s Wholesale Club
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.
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