BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC lifted its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 278.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,968 shares of the company’s stock after purchasing an additional 39,713 shares during the period. Intech Investment Management LLC’s holdings in BJ’s Wholesale Club were worth $4,822,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Envestnet Portfolio Solutions Inc. increased its position in shares of BJ’s Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock worth $1,787,000 after acquiring an additional 105 shares in the last quarter. Lifestyle Asset Management Inc. increased its position in shares of BJ’s Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after acquiring an additional 108 shares in the last quarter. Gateway Investment Advisers LLC increased its position in shares of BJ’s Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after acquiring an additional 111 shares in the last quarter. CIBC Asset Management Inc increased its position in shares of BJ’s Wholesale Club by 3.3% in the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after acquiring an additional 123 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its position in shares of BJ’s Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after acquiring an additional 132 shares in the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the transaction, the director now owns 24,351 shares of the company’s stock, valued at approximately $2,619,924.09. The trade was a 32.67 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on BJ. Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Cowen restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. The Goldman Sachs Group raised their price target on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, March 10th. Loop Capital raised their price target on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a report on Friday, March 7th. Finally, Robert W. Baird raised their price target on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Trading Down 1.4 %

NYSE:BJ opened at $110.62 on Wednesday. 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 cap of $14.61 billion, a price-to-earnings ratio of 26.59, a P/E/G ratio of 4.50 and a beta of 0.28. 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 company’s 50 day moving average is $102.32 and its 200-day moving average is $93.12.

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

BJ’s Wholesale Club 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.