SG Americas Securities LLC Boosts Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

SG Americas Securities LLC lifted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1,978.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 49,517 shares of the company’s stock after acquiring an additional 47,135 shares during the quarter. SG Americas Securities LLC’s holdings in BJ’s Wholesale Club were worth $4,424,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Creative Planning increased its position in shares of BJ’s Wholesale Club by 10.7% during the second quarter. Creative Planning now owns 9,298 shares of the company’s stock valued at $817,000 after buying an additional 898 shares during the period. Neo Ivy Capital Management purchased a new position in BJ’s Wholesale Club during the third quarter valued at approximately $828,000. Sanctuary Advisors LLC increased its holdings in BJ’s Wholesale Club by 129.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock worth $3,215,000 after acquiring an additional 21,957 shares during the period. Victory Capital Management Inc. lifted its stake in BJ’s Wholesale Club by 3.5% in the 3rd 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 in the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in BJ’s Wholesale Club by 44.6% in the 3rd quarter. Quantinno Capital Management LP now owns 23,900 shares of the company’s stock valued at $1,971,000 after purchasing an additional 7,374 shares during the period. 98.60% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Roth Mkm upped their price target 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. Jefferies Financial Group upped 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. Citigroup lifted their price target 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. Wells Fargo & Company upped their price objective on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Finally, Morgan Stanley lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

BJ’s Wholesale Club Stock Up 0.0 %

BJ opened at $97.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $64.06 and a 12 month high of $100.74. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The business’s 50-day moving average price is $94.18 and its 200-day moving average price is $88.31. The company has a market cap of $12.82 billion, a P/E ratio of 23.34, a P/E/G ratio of 4.48 and a beta of 0.32.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.12 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The business’s quarterly revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. On average, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $85.47, for a total transaction of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares in the company, valued at $36,221,502.24. The trade was a 2.53 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is currently owned by company insiders.

About BJ’s Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.