Y Intercept Hong Kong Ltd Buys 2,092 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Y Intercept Hong Kong Ltd lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 33.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,371 shares of the company’s stock after purchasing an additional 2,092 shares during the period. Y Intercept Hong Kong Ltd’s holdings in BJ’s Wholesale Club were worth $748,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. FMR LLC boosted its holdings in shares of BJ’s Wholesale Club by 7.2% during the third quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after purchasing an additional 966,528 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of BJ’s Wholesale Club by 3.5% during the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock worth $531,118,000 after purchasing an additional 217,385 shares during the period. Franklin Resources Inc. boosted its holdings in shares of BJ’s Wholesale Club by 7.6% during the third quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company’s stock worth $408,926,000 after purchasing an additional 337,217 shares during the period. State Street Corp lifted its holdings in BJ’s Wholesale Club by 1.1% in the third quarter. State Street Corp now owns 4,045,590 shares of the company’s stock worth $333,680,000 after buying an additional 45,288 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its holdings in BJ’s Wholesale Club by 60.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock worth $196,929,000 after buying an additional 896,263 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

BJ has been the subject of several research analyst reports. 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 report on Wednesday, December 18th. Morgan Stanley raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. 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 report on Thursday, November 21st. 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 report on Monday, November 25th. Finally, Wells Fargo & Company raised their price objective 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 research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.88.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $101.25 on Friday. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $70.65 and a twelve month high of $108.00. The firm has a 50 day moving average of $98.14 and a 200 day moving average of $90.91. The company has a market capitalization of $13.37 billion, a P/E ratio of 24.34, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32.

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.