Orion Portfolio Solutions LLC Has $5.16 Million Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Orion Portfolio Solutions LLC trimmed its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,752 shares of the company’s stock after selling 3,371 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in BJ’s Wholesale Club were worth $5,160,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC raised its stake in shares of BJ’s Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after buying an additional 233 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in BJ’s Wholesale Club in the third quarter worth about $55,000. UMB Bank n.a. lifted its stake in BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC boosted its holdings in BJ’s Wholesale Club by 151.2% during the fourth 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. Finally, Smartleaf Asset Management LLC boosted its holdings in BJ’s Wholesale Club by 34.7% during the fourth 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. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $111.86 on Friday. The firm has a market cap of $14.73 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $71.81 and a 12 month high of $118.40. 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 50-day moving average price of $104.94 and a 200 day moving average price of $94.82.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $5.29 billion. Research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently commented on BJ shares. Barclays raised their target price on BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. DA Davidson boosted their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Citigroup increased their target price on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, March 7th. 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 research report on Monday, March 3rd. Finally, UBS Group upped their price objective on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

Insider Activity

In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This trade represents a 32.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the completion of the transaction, the executive vice president now directly owns 31,308 shares of the company’s stock, valued at $3,456,716.28. This trade represents a 38.98 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

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.