BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Cox Capital Mgt LLC

Cox Capital Mgt LLC lifted its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,117 shares of the company’s stock after acquiring an additional 461 shares during the quarter. Cox Capital Mgt LLC’s holdings in BJ’s Wholesale Club were worth $1,440,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BJ. Davis Capital Management acquired a new position in shares of BJ’s Wholesale Club in the third quarter worth about $25,000. UMB Bank n.a. increased its stake in shares of BJ’s Wholesale Club by 375.6% in the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company’s stock valued at $31,000 after purchasing an additional 293 shares in the last quarter. Reston Wealth Management LLC acquired a new position in BJ’s Wholesale Club in the 3rd quarter worth about $41,000. Benjamin Edwards Inc. boosted its position in BJ’s Wholesale Club by 394.5% during the second quarter. Benjamin Edwards Inc. now owns 628 shares of the company’s stock worth $55,000 after purchasing an additional 501 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in BJ’s Wholesale Club in the third quarter valued at approximately $55,000. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Down 2.5 %

NYSE BJ opened at $93.56 on Wednesday. The business’s fifty day simple moving average is $93.01 and its 200-day simple moving average is $87.81. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm has a market cap of $12.36 billion, a PE ratio of 22.49, a P/E/G ratio of 4.69 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $64.06 and a 52 week high of $100.74.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the previous year, the firm earned $0.98 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $85.47, for a total value of $940,170.00. Following the sale, the chief executive officer now directly owns 423,792 shares in the company, valued at approximately $36,221,502.24. The trade was a 2.53 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on BJ shares. Morgan Stanley upped their target price on 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. UBS Group increased their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Jefferies Financial Group boosted 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 research note on Thursday, November 21st. Roth Mkm raised their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. Finally, Wells Fargo & Company boosted their price objective on BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $94.00.

BJ’s Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.