Tyche Wealth Partners LLC Has $473,000 Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Tyche Wealth Partners LLC boosted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 19.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,296 shares of the company’s stock after buying an additional 844 shares during the period. Tyche Wealth Partners LLC’s holdings in BJ’s Wholesale Club were worth $473,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tectonic Advisors LLC grew its stake in BJ’s Wholesale Club by 5.0% during the 4th quarter. Tectonic Advisors LLC now owns 5,224 shares of the company’s stock valued at $467,000 after acquiring an additional 247 shares in the last quarter. Trust Point Inc. grew its stake in BJ’s Wholesale Club by 49.8% during the 4th quarter. Trust Point Inc. now owns 4,460 shares of the company’s stock valued at $398,000 after acquiring an additional 1,483 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its stake in BJ’s Wholesale Club by 6.0% during the 4th quarter. Alliance Wealth Advisors LLC UT now owns 11,309 shares of the company’s stock valued at $1,010,000 after acquiring an additional 640 shares in the last quarter. Boston Trust Walden Corp grew its stake in BJ’s Wholesale Club by 2.8% during the 4th quarter. Boston Trust Walden Corp now owns 990,094 shares of the company’s stock valued at $88,465,000 after acquiring an additional 27,015 shares in the last quarter. Finally, Financial Strategies Group Inc. grew its stake in BJ’s Wholesale Club by 19.2% during the 4th quarter. Financial Strategies Group Inc. now owns 6,737 shares of the company’s stock valued at $651,000 after acquiring an additional 1,086 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Morgan Stanley lifted their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. UBS Group lifted their target price on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Jefferies Financial Group lifted 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. Wells Fargo & Company boosted their price target on BJ’s Wholesale Club from $92.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Finally, Roth Mkm boosted their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average target price of $94.00.

BJ’s Wholesale Club Stock Up 0.8 %

BJ opened at $105.63 on Friday. The business has a 50 day moving average price of $95.62 and a 200 day moving average price of $89.00. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $65.50 and a twelve month high of $105.97. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The firm has a market cap of $13.95 billion, a P/E ratio of 25.39, a price-to-earnings-growth ratio of 4.66 and a beta of 0.32.

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

BJ’s Wholesale Club Company 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.