J.Safra Asset Management Corp Has $134,000 Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

J.Safra Asset Management Corp increased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 68.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,495 shares of the company’s stock after purchasing an additional 609 shares during the period. J.Safra Asset Management Corp’s holdings in BJ’s Wholesale Club were worth $134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BJ. Neo Ivy Capital Management bought a new stake in shares of BJ’s Wholesale Club in the third quarter valued at about $828,000. Sanctuary Advisors LLC lifted its stake in 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. boosted its position in BJ’s Wholesale Club by 3.5% during the 3rd quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock worth $531,118,000 after acquiring an additional 217,385 shares during the last quarter. Oak Harvest Investment Services bought a new position in shares of BJ’s Wholesale Club during the 4th quarter worth approximately $670,000. Finally, Navellier & Associates Inc. acquired a new stake in shares of BJ’s Wholesale Club in the fourth quarter valued at approximately $223,000. 98.60% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

BJ has been the subject of several recent research reports. JPMorgan Chase & Co. increased their target price on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a report on Monday. Morgan Stanley increased their price objective 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. Roth Mkm lifted their target price on 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 increased their price target on 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. Finally, TD Cowen boosted their price target on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $96.24.

BJ’s Wholesale Club Price Performance

Shares of BJ opened at $100.15 on Thursday. The firm has a market capitalization of $13.23 billion, a PE ratio of 24.07, a PEG ratio of 4.50 and a beta of 0.28. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a fifty-two week low of $71.81 and a fifty-two week high of $108.00. The company’s 50-day moving average is $98.53 and its 200-day moving average is $91.28.

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.