Fuller & Thaler Asset Management Inc. Takes Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Fuller & Thaler Asset Management Inc. purchased a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 24,205 shares of the company’s stock, valued at approximately $2,163,000.

Several other hedge funds also recently added to or reduced their stakes in BJ. Clearbridge Investments LLC boosted its position in shares of BJ’s Wholesale Club by 11.8% during the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company’s stock valued at $208,218,000 after buying an additional 245,731 shares during the period. Intech Investment Management LLC boosted its holdings in BJ’s Wholesale Club by 278.6% during the 4th quarter. Intech Investment Management LLC now owns 53,968 shares of the company’s stock valued at $4,822,000 after acquiring an additional 39,713 shares during the period. Dynamic Technology Lab Private Ltd grew its position in BJ’s Wholesale Club by 151.8% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 19,784 shares of the company’s stock valued at $1,768,000 after acquiring an additional 11,928 shares during the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth $307,000. Finally, Wealthfront Advisers LLC boosted its stake in shares of BJ’s Wholesale Club by 1,462.2% during the fourth quarter. Wealthfront Advisers LLC now owns 54,208 shares of the company’s stock valued at $4,843,000 after purchasing an additional 50,738 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on BJ. Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Argus raised BJ’s Wholesale Club to a “hold” rating in a research note on Friday, April 4th. JPMorgan Chase & Co. lifted their target price on 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. The Goldman Sachs Group upped their target price on BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, March 10th. Finally, Citigroup upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and raised their price target for the company from $115.00 to $130.00 in a research note on Thursday, April 3rd. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $110.82.

Insider Activity

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 2,100 shares of the business’s stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the sale, the senior vice president now owns 14,240 shares in the company, valued at approximately $1,705,097.60. The trade was a 12.85 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the firm’s stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the completion of the transaction, the chief executive officer now owns 422,033 shares of the company’s stock, valued at approximately $48,242,592.23. The trade was a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 328,505 shares of company stock valued at $37,452,686 over the last ninety days. 2.00% of the stock is currently owned by insiders.

BJ’s Wholesale Club Trading Down 0.5 %

Shares of NYSE:BJ opened at $111.91 on Friday. The business’s 50-day moving average is $110.92 and its 200 day moving average is $99.62. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $73.93 and a 1 year high of $121.10. The firm has a market capitalization of $14.74 billion, a P/E ratio of 26.90, a P/E/G ratio of 4.50 and a beta of 0.54.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. On average, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal 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.