BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Captrust Financial Advisors

Captrust Financial Advisors increased its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,913 shares of the company’s stock after buying an additional 392 shares during the period. Captrust Financial Advisors’ holdings in BJ’s Wholesale Club were worth $570,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in BJ. Blue Trust Inc. acquired a new position in BJ’s Wholesale Club during the second quarter worth $25,000. Davis Capital Management purchased a new position in BJ’s Wholesale Club in the third quarter worth approximately $25,000. UMB Bank n.a. lifted its stake in BJ’s Wholesale Club by 375.6% in the third quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after acquiring an additional 293 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in BJ’s Wholesale Club during the third quarter worth approximately $41,000. Finally, J.Safra Asset Management Corp acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $45,000. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

BJ has been the topic of a number of analyst reports. UBS Group lifted 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 research report on Friday, November 22nd. Wells Fargo & Company upped their price objective on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, November 12th. Bank of America dropped their price objective on shares of BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, August 23rd. Melius Research initiated coverage on shares of BJ’s Wholesale Club in a research report on Monday, September 23rd. They set a “buy” rating and a $90.00 target price for the company. Finally, TD Cowen upped their price target on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Friday, November 22nd. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.

BJ’s Wholesale Club Stock Performance

BJ stock opened at $99.78 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $64.06 and a 12-month high of $100.74. 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 stock’s 50 day simple moving average is $89.74 and its 200 day simple moving average is $86.95. The firm has a market cap of $13.18 billion, a P/E ratio of 23.99, a P/E/G ratio of 4.50 and a beta of 0.29.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. During the same period last year, the company earned $0.98 earnings per share. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. As a group, equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Robert W. Eddy sold 11,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $83.75, for a total transaction of $921,250.00. Following the transaction, the chief executive officer now directly owns 434,792 shares of the company’s stock, valued at approximately $36,413,830. This trade represents a 2.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is owned by corporate insiders.

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.