Vista Investment Partners II LLC Buys Shares of 22,498 BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Vista Investment Partners II LLC bought a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 22,498 shares of the company’s stock, valued at approximately $2,010,000.

Several other large investors have also added to or reduced their stakes in the stock. Lifestyle Asset Management Inc. grew its stake in BJ’s Wholesale Club by 0.8% during the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock valued at $1,191,000 after acquiring an additional 108 shares in the last quarter. Gateway Investment Advisers LLC grew its position in shares of BJ’s Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock valued at $1,353,000 after purchasing an additional 111 shares in the last quarter. CIBC Asset Management Inc increased its holdings in shares of BJ’s Wholesale Club by 3.3% in the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after purchasing an additional 123 shares during the period. Venturi Wealth Management LLC raised its position in shares of BJ’s Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after buying an additional 132 shares in the last quarter. Finally, Cornerstone Investment Partners LLC boosted its stake in BJ’s Wholesale Club by 2.6% during the fourth quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock valued at $470,000 after buying an additional 132 shares during the period. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of BJ’s Wholesale Club stock opened at $115.85 on Monday. The firm has a market cap of $15.30 billion, a PE ratio of 27.85, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company’s fifty day simple moving average is $99.35 and its two-hundred day simple moving average is $91.69. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $116.00.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. As a group, equities analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. Jefferies Financial Group upped their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Roth Mkm raised 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 research report on Monday, November 25th. Wells Fargo & Company upped their target price on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. DA Davidson increased their target price on BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a research note on Friday. Finally, TD Cowen lifted their price target on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. 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.com, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average price target of $104.65.

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.