QRG Capital Management Inc. Has $387,000 Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

QRG Capital Management Inc. boosted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 4.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 4,329 shares of the company’s stock after buying an additional 193 shares during the quarter. QRG Capital Management Inc.’s holdings in BJ’s Wholesale Club were worth $387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. FMR LLC boosted its position in shares of BJ’s Wholesale Club by 7.2% in the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after purchasing an additional 966,528 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in BJ’s Wholesale Club by 3.5% during the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock worth $531,118,000 after buying an additional 217,385 shares during the last quarter. Franklin Resources Inc. grew its position in shares of BJ’s Wholesale Club by 7.6% during the 3rd quarter. Franklin Resources Inc. now owns 4,763,931 shares of the company’s stock worth $408,926,000 after buying an additional 337,217 shares during the period. State Street Corp grew its position in shares of BJ’s Wholesale Club by 1.1% during the 3rd quarter. State Street Corp now owns 4,045,590 shares of the company’s stock worth $333,680,000 after buying an additional 45,288 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its stake in shares of BJ’s Wholesale Club by 60.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock valued at $196,929,000 after acquiring an additional 896,263 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

NYSE BJ opened at $100.15 on Thursday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $108.00. The firm’s 50 day moving average is $98.53 and its 200-day moving average is $91.28. The company has a market capitalization of $13.23 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on BJ. Citigroup lifted their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Jefferies Financial Group lifted their price target on shares of 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. JPMorgan Chase & Co. upped their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research report on Monday. Wells Fargo & Company lifted their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Finally, UBS Group increased their price target 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. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.24.

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.