Thrivent Financial for Lutherans Sells 438,559 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Thrivent Financial for Lutherans trimmed its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.1% during the 4th quarter, Holdings Channel reports. The firm owned 1,182,672 shares of the company’s stock after selling 438,559 shares during the period. Thrivent Financial for Lutherans’ holdings in BJ’s Wholesale Club were worth $105,673,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BJ. FMR LLC lifted its position in shares of BJ’s Wholesale Club by 7.2% in the third quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after buying an additional 966,528 shares in the last quarter. Franklin Resources Inc. boosted its stake in BJ’s Wholesale Club by 7.6% during the third quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company’s stock worth $408,926,000 after buying an additional 337,217 shares during the period. State Street Corp boosted its stake in BJ’s Wholesale Club by 1.1% during the third quarter. State Street Corp now owns 4,045,590 shares of the company’s stock worth $333,680,000 after buying an additional 45,288 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in BJ’s Wholesale Club by 60.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock worth $196,929,000 after buying an additional 896,263 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of BJ’s Wholesale Club by 1.6% during the third quarter. Geode Capital Management LLC now owns 2,215,356 shares of the company’s stock valued at $182,770,000 after purchasing an additional 34,940 shares during the period. 98.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on BJ shares. UBS Group boosted their target price on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Barclays boosted their target price on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. Loop Capital upped their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a report on Friday, March 7th. Morgan Stanley upped their target price on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a research report on Friday, March 7th. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $108.71.

BJ’s Wholesale Club Stock Up 2.9 %

NYSE BJ opened at $112.20 on Tuesday. The business has a fifty day moving average price of $101.93 and a 200 day moving average price of $92.90. BJ’s Wholesale Club Holdings, Inc. has a one year low of $71.81 and a one year high of $118.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The company has a market cap of $14.82 billion, a P/E ratio of 26.97, a P/E/G ratio of 4.50 and a beta of 0.28.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping 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 business had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal 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.