Sanctuary Advisors LLC Purchases 826 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Sanctuary Advisors LLC raised its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,810 shares of the company’s stock after buying an additional 826 shares during the quarter. Sanctuary Advisors LLC’s holdings in BJ’s Wholesale Club were worth $3,557,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Reston Wealth Management LLC purchased a new stake in shares of BJ’s Wholesale Club during the 3rd quarter valued at approximately $41,000. Wilmington Savings Fund Society FSB bought a new stake in BJ’s Wholesale Club during the 3rd quarter valued at $55,000. UMB Bank n.a. lifted its position in shares of BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of BJ’s Wholesale Club by 198.6% in the third quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after acquiring an additional 574 shares during the period. Finally, Avior Wealth Management LLC grew its position in shares of BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after purchasing an additional 703 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on BJ shares. Roth Mkm increased their price objective on 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 increased their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Citigroup boosted their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. UBS Group upped their target price on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Finally, Morgan Stanley raised their price target on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a report on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $94.88.

BJ’s Wholesale Club Stock Down 2.1 %

Shares of NYSE:BJ opened at $101.44 on Friday. The stock has a market capitalization of $13.40 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 4.68 and a beta of 0.32. The stock’s 50-day moving average price is $97.49 and its 200-day moving average price is $90.30. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $68.53 and a 12-month high of $108.00.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.29. The business had revenue of $5.10 billion during the quarter, compared to analysts’ expectations of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 EPS. On average, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

BJ’s Wholesale Club Company 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.