2,496 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,496 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lifestyle Asset Management Inc. lifted 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 acquiring an additional 108 shares in the last quarter. Gateway Investment Advisers LLC lifted 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 acquiring an additional 111 shares in the last quarter. CIBC Asset Management Inc lifted 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 acquiring an additional 123 shares in the last quarter. Venturi Wealth Management LLC lifted 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 acquiring an additional 132 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in BJ’s Wholesale Club by 5.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock valued at $224,000 after acquiring an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ’s Wholesale Club stock opened at $101.44 on Monday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $68.53 and a one year high of $108.00. The stock’s fifty day moving average is $97.49 and its 200 day moving average is $90.38. The stock has a market cap of $13.40 billion, a P/E ratio of 24.38, a P/E/G ratio of 4.60 and a beta of 0.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.12 billion. During the same period last year, the firm earned $0.98 EPS. BJ’s Wholesale Club’s revenue for the quarter was up 3.5% compared to the same quarter last year. Sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Citigroup upped their price objective on BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Jefferies Financial Group upped their price objective on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Roth Mkm increased their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Wells Fargo & Company increased their price target on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, UBS Group increased their price target on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $94.88.

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.