BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Trust Point Inc.

Trust Point Inc. grew its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 49.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,460 shares of the company’s stock after acquiring an additional 1,483 shares during the quarter. Trust Point Inc.’s holdings in BJ’s Wholesale Club were worth $398,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in BJ’s Wholesale Club by 375.6% in the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after buying an additional 293 shares during the period. Reston Wealth Management LLC acquired a new position in BJ’s Wholesale Club in the 3rd quarter worth approximately $41,000. Wilmington Savings Fund Society FSB acquired a new position in BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. Blue Trust Inc. increased its holdings in BJ’s Wholesale Club by 198.6% in the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after buying an additional 574 shares during the period. Finally, Avior Wealth Management LLC increased its holdings 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 buying an additional 703 shares during the period. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 2.1 %

Shares of NYSE:BJ opened at $104.83 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $65.04 and a 1 year high of $104.94. The firm has a market capitalization of $13.85 billion, a price-to-earnings ratio of 25.20, a price-to-earnings-growth ratio of 4.66 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The business’s 50 day moving average price is $95.44 and its 200-day moving average price is $88.88.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. On average, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on BJ shares. UBS Group increased their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Wells Fargo & Company increased their price target on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Jefferies Financial Group raised their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Citigroup raised their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Finally, Roth Mkm raised their price objective on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and an average price target of $94.00.

BJ’s Wholesale Club Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.