BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 17.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,290,954 shares of the company’s stock after selling 1,148,404 shares during the quarter. BJ’s Wholesale Club comprises 0.5% of Victory Capital Management Inc.’s holdings, making the stock its 24th largest holding. Victory Capital Management Inc.’s holdings in BJ’s Wholesale Club were worth $472,747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. UMB Bank n.a. raised its position in BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC lifted its stake in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after purchasing an additional 703 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of BJ’s Wholesale Club by 34.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after buying an additional 324 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of BJ’s Wholesale Club by 120.7% in the fourth quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock valued at $157,000 after buying an additional 1,042 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 1.8 %

BJ opened at $101.19 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ’s Wholesale Club Holdings, Inc. has a one year low of $71.81 and a one year high of $108.00. The company has a market cap of $13.37 billion, a P/E ratio of 24.32, a PEG ratio of 4.50 and a beta of 0.28. The business’s 50-day simple moving average is $98.41 and its 200-day simple moving average is $91.22.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BJ shares. Wells Fargo & Company increased their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. UBS Group increased their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Jefferies Financial Group raised their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Morgan Stanley upped their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Friday, November 22nd. Finally, Roth Mkm raised 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. Seven investment 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $96.24.

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.