Golden State Equity Partners Purchases 645 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Golden State Equity Partners increased its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 39.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,297 shares of the company’s stock after purchasing an additional 645 shares during the period. Golden State Equity Partners’ holdings in BJ’s Wholesale Club were worth $205,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BJ. AQR Capital Management LLC bought a new position in BJ’s Wholesale Club in the 2nd quarter worth about $1,254,000. Creative Planning lifted its stake in BJ’s Wholesale Club by 10.7% during the 2nd quarter. Creative Planning now owns 9,298 shares of the company’s stock valued at $817,000 after acquiring an additional 898 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in BJ’s Wholesale Club by 123.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,500 shares of the company’s stock valued at $132,000 after acquiring an additional 828 shares during the period. Cetera Investment Advisers lifted its stake in BJ’s Wholesale Club by 23.7% during the 2nd quarter. Cetera Investment Advisers now owns 30,242 shares of the company’s stock valued at $2,656,000 after acquiring an additional 5,800 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in BJ’s Wholesale Club during the 2nd quarter valued at about $1,496,000. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 3.2 %

Shares of BJ opened at $102.77 on Wednesday. The company has a market cap of $13.57 billion, a PE ratio of 24.70, a P/E/G ratio of 4.66 and a beta of 0.32. The business has a fifty day moving average of $95.28 and a 200 day moving average of $88.77. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $64.06 and a 52-week high of $103.06. 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 (NYSE:BJ) last issued its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.12 billion. During the same period last year, the company earned $0.98 earnings per share. BJ’s Wholesale Club’s revenue was up 3.5% on a year-over-year basis. On average, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on BJ shares. Jefferies Financial Group upped their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. TD Cowen upped their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Citigroup upped their target price on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research note on Wednesday, December 18th. Roth Mkm upped 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 report on Monday, November 25th. Finally, UBS Group upped their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club has an average rating of “Moderate Buy” and a consensus price target 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.