Envestnet Portfolio Solutions Inc. Purchases 105 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Envestnet Portfolio Solutions Inc. grew its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,003 shares of the company’s stock after buying an additional 105 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in BJ’s Wholesale Club were worth $1,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Lifestyle Asset Management Inc. raised its holdings in BJ’s Wholesale Club by 0.8% in the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after purchasing an additional 108 shares during the period. Gateway Investment Advisers LLC raised its holdings in BJ’s Wholesale Club by 0.7% in the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after purchasing an additional 111 shares during the period. CIBC Asset Management Inc raised its holdings in BJ’s Wholesale Club by 3.3% in the 3rd 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 holdings in BJ’s Wholesale Club by 4.6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after purchasing an additional 132 shares during the period. Finally, Cornerstone Investment Partners LLC raised its holdings in BJ’s Wholesale Club by 2.6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock worth $470,000 after purchasing an additional 132 shares during the period. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Trading Down 1.4 %

BJ opened at $108.51 on Friday. The firm has a market cap of $14.33 billion, a P/E ratio of 26.08, a P/E/G ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $71.81 and a 12 month high of $118.40. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The stock has a 50-day moving average of $102.99 and a 200 day moving average of $93.35.

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

Analyst Ratings Changes

A number of equities analysts recently commented on BJ shares. Roth Mkm raised their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a 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 stock a “buy” rating in a research note on Thursday, November 21st. Loop Capital increased their price target on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research note on Friday, March 7th. Wells Fargo & Company reiterated an “overweight” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. Finally, TD Cowen increased 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 equities research 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $108.71.

Insider Buying and Selling

In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the sale, the director now owns 24,351 shares of the company’s stock, valued at $2,619,924.09. This trade represents a 32.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 2.00% of the stock is currently owned by company insiders.

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.