JSF Financial LLC Acquires 490 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

JSF Financial LLC increased its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,216 shares of the company’s stock after buying an additional 490 shares during the quarter. JSF Financial LLC’s holdings in BJ’s Wholesale Club were worth $1,002,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Summit Trail Advisors LLC lifted its position in shares of BJ’s Wholesale Club by 2.2% in the fourth quarter. Summit Trail Advisors LLC now owns 11,444 shares of the company’s stock valued at $1,023,000 after buying an additional 248 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in BJ’s Wholesale Club during the 4th quarter worth $206,000. Stephens Inc. AR bought a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at $203,000. Entropy Technologies LP bought a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at $1,015,000. Finally, Lecap Asset Management Ltd. acquired a new stake in shares of BJ’s Wholesale Club during the 4th quarter valued at $631,000. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Trading Up 1.9 %

NYSE:BJ opened at $106.43 on Tuesday. The company has a market capitalization of $14.06 billion, a P/E ratio of 25.58, a PEG ratio of 4.69 and a beta of 0.32. The firm has a fifty day simple moving average of $96.01 and a 200-day simple moving average of $89.20. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $66.96 and a 12 month high of $107.06. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23.

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

Wall Street Analyst Weigh In

Several research analysts have commented on the company. UBS Group lifted their target price on BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. TD Cowen boosted their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Morgan Stanley boosted their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday. Finally, Jefferies Financial Group increased their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.88.

About BJ’s Wholesale Club

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.