Swiss National Bank Purchases 1,600 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Swiss National Bank boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 260,800 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Swiss National Bank’s holdings in BJ’s Wholesale Club were worth $23,302,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lifestyle Asset Management Inc. raised its position in shares of BJ’s Wholesale Club by 0.8% during the 4th 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 during the last quarter. Gateway Investment Advisers LLC increased its holdings in BJ’s Wholesale Club by 0.7% in the fourth 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 during the last quarter. CIBC Asset Management Inc increased its holdings in 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 valued at $322,000 after purchasing an additional 123 shares during the last quarter. Venturi Wealth Management LLC lifted its stake in 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 valued at $267,000 after buying an additional 132 shares during the period. Finally, Cornerstone Investment Partners LLC boosted its holdings 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 worth $470,000 after buying an additional 132 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on BJ shares. Loop Capital increased their price target on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a research report on Friday, March 7th. Jefferies Financial Group increased their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. UBS Group boosted their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a report on Friday, March 7th. Wells Fargo & Company reiterated an “overweight” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. Finally, The Goldman Sachs Group increased their price target on BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, March 10th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.71.

BJ’s Wholesale Club Trading Up 2.9 %

BJ’s Wholesale Club stock opened at $112.20 on Tuesday. The company has a market cap of $14.82 billion, a price-to-earnings ratio of 26.97, a P/E/G ratio of 4.50 and a beta of 0.28. The firm has a 50-day moving average of $101.93 and a 200-day moving average of $92.90. 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 one year low of $71.81 and a one year high of $118.40.

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