BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 62,995 shares of the company’s stock after purchasing an additional 4,737 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in BJ’s Wholesale Club were worth $5,629,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Tortoise Investment Management LLC raised its position in shares of BJ’s Wholesale Club by 78.7% during the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after purchasing an additional 233 shares during the last quarter. UMB Bank n.a. raised its position in shares of BJ’s Wholesale Club by 68.2% during 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. Wilmington Savings Fund Society FSB purchased a new stake in BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. Avior Wealth Management LLC grew its stake 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 worth $104,000 after acquiring an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake 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 worth $113,000 after acquiring an additional 324 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Citigroup lifted their target price on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, March 7th. 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 note on Thursday, December 12th. Barclays lifted their target price on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. UBS Group lifted their target price on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Finally, Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $110.35 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $14.58 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 4.50 and a beta of 0.28. The firm’s fifty day simple moving average is $103.26 and its 200 day simple moving average is $93.56. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $118.40.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. As a group, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the transaction, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. The trade was a 38.98 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the sale, the director now owns 24,351 shares in the company, valued at approximately $2,619,924.09. This trade represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

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.