Yousif Capital Management LLC Sells 1,899 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Yousif Capital Management LLC lowered its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 47,898 shares of the company’s stock after selling 1,899 shares during the quarter. Yousif Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $4,280,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Lifestyle Asset Management Inc. lifted its stake in shares of BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC lifted its stake in BJ’s Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock valued at $1,353,000 after buying an additional 111 shares during the period. CIBC Asset Management Inc boosted its holdings in shares of BJ’s Wholesale Club by 3.3% during the 3rd quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after buying an additional 123 shares in the last quarter. OLD National Bancorp IN grew its position in shares of BJ’s Wholesale Club by 2.5% during the 3rd quarter. OLD National Bancorp IN now owns 5,438 shares of the company’s stock worth $449,000 after buying an additional 133 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in shares of BJ’s Wholesale Club by 5.2% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock valued at $224,000 after acquiring an additional 133 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Roth Mkm raised 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. TD Cowen boosted their target price on 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. Citigroup upped their price target on BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. UBS Group boosted their price objective on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Finally, Morgan Stanley increased their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $94.00.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $104.46 on Friday. 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 firm has a market cap of $13.80 billion, a PE ratio of 25.11, a P/E/G ratio of 4.66 and a beta of 0.32. The business has a 50 day moving average of $95.79 and a 200-day moving average of $89.09. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $66.15 and a 12-month high of $105.97.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. The firm had revenue of $5.10 billion during the quarter, compared to analyst estimates 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 revenue was up 3.5% compared to the same quarter last year. During the same period last year, the firm posted $0.98 EPS. As a group, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

BJ’s Wholesale Club Profile

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.