NBW Capital LLC Sells 806 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

NBW Capital LLC decreased its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 77,868 shares of the company’s stock after selling 806 shares during the quarter. NBW Capital LLC owned about 0.06% of BJ’s Wholesale Club worth $6,958,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Neo Ivy Capital Management bought a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at $828,000. Sanctuary Advisors LLC increased its stake in shares of BJ’s Wholesale Club by 129.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock valued at $3,215,000 after acquiring an additional 21,957 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of 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 valued at $531,118,000 after acquiring an additional 217,385 shares in the last quarter. Oak Harvest Investment Services bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at $670,000. Finally, Navellier & Associates Inc. bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter valued at $223,000. Institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Roth Mkm lifted their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research report on Monday, November 25th. Jefferies Financial Group lifted their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. lifted 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. Finally, Citigroup lifted their price target on shares of 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. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.24.

BJ’s Wholesale Club Price Performance

BJ opened at $99.07 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The company has a market capitalization of $13.09 billion, a price-to-earnings ratio of 23.81, a P/E/G ratio of 4.50 and a beta of 0.32. The firm’s fifty day moving average price is $98.26 and its two-hundred day moving average price is $91.12. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $70.65 and a 1 year high of $108.00.

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.