BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by Hilton Capital Management LLC

Hilton Capital Management LLC lifted its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,288 shares of the company’s stock after acquiring an additional 1,091 shares during the quarter. Hilton Capital Management LLC’s holdings in BJ’s Wholesale Club were worth $2,081,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its position in shares of BJ’s Wholesale Club by 5.6% in the third quarter. Assetmark Inc. now owns 2,582 shares of the company’s stock valued at $213,000 after buying an additional 137 shares in the last quarter. Atria Investments Inc raised its position in shares of BJ’s Wholesale Club by 3.0% during the 3rd quarter. Atria Investments Inc now owns 35,371 shares of the company’s stock worth $2,917,000 after purchasing an additional 1,022 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in BJ’s Wholesale Club by 10.0% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 9,493 shares of the company’s stock valued at $783,000 after buying an additional 860 shares during the last quarter. Venturi Wealth Management LLC grew its holdings in BJ’s Wholesale Club by 71.1% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,851 shares of the company’s stock valued at $235,000 after buying an additional 1,185 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in BJ’s Wholesale Club during the third quarter worth $749,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Down 0.4 %

NYSE:BJ opened at $108.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $118.40. 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 company has a market cap of $14.28 billion, a PE ratio of 25.98, a P/E/G ratio of 4.50 and a beta of 0.28. The business’s 50 day moving average is $100.68 and its two-hundred day moving average is $92.24.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly 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. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BJ. DA Davidson lifted their price objective on BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Jefferies Financial Group boosted their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. TD Cowen raised their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. The Goldman Sachs Group increased their price objective on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research report on Monday. Finally, JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a report on Monday, March 3rd. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and an average target price of $108.71.

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.