BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 14.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 113,943 shares of the company’s stock after purchasing an additional 14,313 shares during the period. Teacher Retirement System of Texas owned 0.09% of BJ’s Wholesale Club worth $10,181,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of BJ. Tortoise Investment Management LLC raised its position in shares of BJ’s Wholesale Club by 78.7% during the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after purchasing an additional 233 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ’s Wholesale Club during the 3rd quarter worth approximately $55,000. UMB Bank n.a. raised its position in shares of BJ’s Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after purchasing an additional 253 shares during the last quarter. Avior Wealth Management LLC grew its stake in BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after acquiring an additional 324 shares during the period. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on BJ. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. TD Cowen lifted their target price on shares of 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. DA Davidson lifted their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Robert W. Baird lifted their target price on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a research note on Friday, March 7th. Finally, Roth Mkm lifted their target price on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. Seven equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club has a consensus rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $110.35 on Friday. 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 firm has a market capitalization of $14.58 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 4.50 and a beta of 0.28. The firm’s fifty day simple moving average is $103.26 and its 200 day simple moving average is $93.66. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $118.40.

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

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the transaction, the executive vice president now owns 31,308 shares in the company, valued at $3,456,716.28. The trade was a 38.98 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction on Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the transaction, the director now owns 24,351 shares in the company, valued at $2,619,924.09. This represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.

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.