Machina Capital S.A.S. Takes $278,000 Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Machina Capital S.A.S. acquired a new stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the 4th quarter, Holdings Channel.com reports. The fund acquired 3,106 shares of the company’s stock, valued at approximately $278,000.

Several other large investors have also made changes to their positions in the business. Vestmark Advisory Solutions Inc. boosted its holdings in shares of BJ’s Wholesale Club by 6.3% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 40,700 shares of the company’s stock valued at $3,637,000 after acquiring an additional 2,410 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth $85,550,000. Arizona State Retirement System boosted its holdings in BJ’s Wholesale Club by 0.7% during the fourth quarter. Arizona State Retirement System now owns 38,479 shares of the company’s stock worth $3,438,000 after buying an additional 266 shares in the last quarter. Aigen Investment Management LP purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth $1,260,000. Finally, Proficio Capital Partners LLC purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth $6,491,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BJ. UBS Group increased their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a report on Friday. Robert W. Baird increased their price target on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday. Citigroup increased their price target on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday. Morgan Stanley increased their price objective on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Roth Mkm increased their price objective on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and a consensus price target of $104.65.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $115.85 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $116.00. The stock has a market cap of $15.30 billion, a P/E ratio of 27.85, a PEG ratio of 4.50 and a beta of 0.28. The company has a 50-day moving average price of $99.35 and a 200 day moving average price of $91.69. 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 (NYSE:BJ) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.07. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The firm had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. Sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

About BJ’s Wholesale Club

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.