Rhumbline Advisers Has $32.07 Million Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Rhumbline Advisers lessened its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 358,967 shares of the company’s stock after selling 3,280 shares during the period. Rhumbline Advisers’ holdings in BJ’s Wholesale Club were worth $32,074,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BJ. Reston Wealth Management LLC bought a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $41,000. Wilmington Savings Fund Society FSB bought a new stake in shares of BJ’s Wholesale Club in the third quarter valued at approximately $55,000. UMB Bank n.a. grew its position in BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after buying an additional 253 shares in the last quarter. Blue Trust Inc. increased its stake in BJ’s Wholesale Club by 198.6% during the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after acquiring an additional 574 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in BJ’s Wholesale Club by 61.7% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,205 shares of the company’s stock valued at $99,000 after acquiring an additional 460 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Down 0.7 %

Shares of NYSE BJ opened at $105.23 on Wednesday. The company has a 50 day simple moving average of $97.19 and a 200 day simple moving average of $89.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $68.36 and a 1 year high of $108.00. The firm has a market cap of $13.90 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 4.69 and a beta of 0.32.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. The firm 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 for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 earnings per share. On average, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. UBS Group upped their price objective on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Citigroup increased their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Roth Mkm upped their target price on 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. Wells Fargo & Company raised 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, February 10th. Finally, TD Cowen boosted their price target 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. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $94.88.

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.