Vestmark Advisory Solutions Inc. Raises Stock Holdings in BJ’s Wholesale Club Holdings, Inc. $BJ

Vestmark Advisory Solutions Inc. boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 20.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,294 shares of the company’s stock after purchasing an additional 8,694 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in BJ’s Wholesale Club were worth $4,690,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA grew its stake in BJ’s Wholesale Club by 31.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after acquiring an additional 1,152,591 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in BJ’s Wholesale Club by 22.4% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after purchasing an additional 18,288 shares during the last quarter. Boston Trust Walden Corp increased its stake in BJ’s Wholesale Club by 7.3% in the third quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock valued at $86,236,000 after purchasing an additional 62,903 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in BJ’s Wholesale Club by 3.9% during the third quarter. Envestnet Asset Management Inc. now owns 670,052 shares of the company’s stock worth $62,482,000 after buying an additional 25,326 shares during the period. Finally, Vaughan Nelson Investment Management L.P. grew its holdings in BJ’s Wholesale Club by 48.7% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 583,416 shares of the company’s stock valued at $54,404,000 after buying an additional 191,200 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $96.38 on Monday. The firm’s fifty day simple moving average is $94.83 and its 200 day simple moving average is $94.81. The company has a current ratio of 0.79, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $86.68 and a twelve month high of $121.10. The firm has a market capitalization of $12.61 billion, a price-to-earnings ratio of 22.21, a PEG ratio of 2.49 and a beta of 0.36.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Friday, November 21st. The company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The company had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.35 billion. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.18 earnings per share. 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 7,000 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $91.09, for a total transaction of $637,630.00. Following the transaction, the executive vice president directly owned 50,498 shares in the company, valued at $4,599,862.82. This represents a 12.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on BJ. Evercore increased their price objective on shares of BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a report on Monday, November 24th. DA Davidson reaffirmed a “buy” rating and set a $123.00 price target on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Melius Research cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price objective for the company. in a research note on Friday, January 23rd. Robert W. Baird cut their target price on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating on the stock in a research report on Monday, November 24th. Finally, BTIG Research reiterated a “buy” rating and issued a $120.00 target price on shares of BJ’s Wholesale Club in a report on Friday, November 21st. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $107.63.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.