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

Inceptionr LLC trimmed its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,996 shares of the company’s stock after selling 342 shares during the period. Inceptionr LLC’s holdings in BJ’s Wholesale Club were worth $268,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new position in BJ’s Wholesale Club in the 3rd quarter valued at about $55,000. UMB Bank n.a. lifted its stake in shares of BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after acquiring an additional 703 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in shares of BJ’s Wholesale Club by 34.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock valued at $113,000 after acquiring an additional 324 shares during the period. Finally, J.Safra Asset Management Corp raised its holdings in BJ’s Wholesale Club by 68.7% during the fourth quarter. J.Safra Asset Management Corp now owns 1,495 shares of the company’s stock worth $134,000 after purchasing an additional 609 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of research reports. JPMorgan Chase & Co. increased their price target on BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. Jefferies Financial Group raised their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Robert W. Baird boosted their price target on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday. Loop Capital raised their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a research report on Friday. Finally, Wells Fargo & Company boosted their target price on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $104.65.

BJ’s Wholesale Club Price Performance

BJ opened at $115.85 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $116.00. 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 capitalization of $15.30 billion, a P/E ratio of 27.85, a PEG ratio of 4.50 and a beta of 0.28. The stock has a fifty day moving average of $99.35 and a 200-day moving average of $91.69.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

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.