BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. trimmed its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 17.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,301 shares of the company’s stock after selling 6,969 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in BJ’s Wholesale Club were worth $2,975,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of BJ. Neo Ivy Capital Management purchased a new position in shares of BJ’s Wholesale Club during the 3rd quarter worth $828,000. Sanctuary Advisors LLC lifted its position in BJ’s Wholesale Club by 129.0% in the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after buying an additional 21,957 shares during the last quarter. Victory Capital Management Inc. boosted its stake in 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 buying an additional 217,385 shares during the period. Oak Harvest Investment Services acquired a new stake in shares of BJ’s Wholesale Club during the fourth quarter valued at about $670,000. Finally, Navellier & Associates Inc. purchased a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at approximately $223,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

BJ has been the subject of a number of research analyst reports. Roth Mkm increased 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 report on Monday, November 25th. UBS Group upped their price target on BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research note on Friday, November 22nd. Morgan Stanley lifted their price objective 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. Jefferies Financial Group increased their target price on 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. Finally, Citigroup lifted their target price 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. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.88.

BJ’s Wholesale Club Stock Up 1.4 %

Shares of NYSE:BJ opened at $101.25 on Friday. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $70.65 and a fifty-two week high of $108.00. The firm’s 50 day moving average price is $98.14 and its 200 day moving average price is $90.96. 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 stock has a market cap of $13.37 billion, a price-to-earnings 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.