Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Zurcher Kantonalbank Zurich Cantonalbank raised its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 14.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,103 shares of the company’s stock after buying an additional 4,133 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in BJ’s Wholesale Club were worth $2,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $55,000. UMB Bank n.a. raised its holdings in shares of BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of 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 valued at $104,000 after purchasing an additional 703 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock valued at $113,000 after purchasing an additional 324 shares in the last quarter. Finally, J.Safra Asset Management Corp raised its holdings in shares of BJ’s Wholesale Club by 68.7% in the 4th quarter. J.Safra Asset Management Corp now owns 1,495 shares of the company’s stock valued at $134,000 after purchasing an additional 609 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Barclays boosted their price target on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a report on Monday, March 10th. JPMorgan Chase & Co. boosted their price target on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. The Goldman Sachs Group boosted their price target on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a report on Monday, March 10th. DA Davidson boosted their price target on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a report on Friday, March 7th. Finally, Morgan Stanley boosted their price objective on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Trading Up 1.0 %

Shares of BJ’s Wholesale Club stock opened at $109.10 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $118.40. The firm has a market capitalization of $14.41 billion, a price-to-earnings ratio of 26.23, a PEG ratio of 4.50 and a beta of 0.28. The firm’s 50 day simple moving average is $101.50 and its two-hundred day simple moving average is $92.60.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. Analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

About BJ’s Wholesale Club

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.