SG Americas Securities LLC Has $4.42 Million Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

SG Americas Securities LLC boosted its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1,978.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 49,517 shares of the company’s stock after buying 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 SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Hsbc Holdings PLC lifted its stake in shares of BJ’s Wholesale Club by 14.6% in the second quarter. Hsbc Holdings PLC now owns 12,022 shares of the company’s stock worth $1,056,000 after acquiring an additional 1,528 shares during the period. Canada Pension Plan Investment Board acquired a new stake in BJ’s Wholesale Club during the 2nd quarter valued at approximately $88,000. Bank of Montreal Can raised its holdings in BJ’s Wholesale Club by 2.2% during the 2nd quarter. Bank of Montreal Can now owns 15,407 shares of the company’s stock worth $1,385,000 after purchasing an additional 325 shares during the last quarter. AXA S.A. bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter valued at $2,112,000. Finally, AQR Capital Management LLC acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth $1,254,000. Institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on BJ shares. UBS Group upped their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Jefferies Financial Group increased their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Roth Mkm raised their price objective on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. TD Cowen boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. Finally, Wells Fargo & Company raised their price target on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average target price of $94.00.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $97.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $64.06 and a 52 week high of $100.74. The company’s 50 day moving average price is $94.18 and its two-hundred day moving average price is $88.31. 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 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 issued 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. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The business had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. During the same period last year, the company posted $0.98 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares in the company, valued at approximately $36,221,502.24. This represents a 2.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is 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.