Thrivent Financial for Lutherans Has $105.67 Million Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Thrivent Financial for Lutherans cut its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,182,672 shares of the company’s stock after selling 438,559 shares during the period. Thrivent Financial for Lutherans owned 0.90% of BJ’s Wholesale Club worth $105,673,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. FMR LLC boosted its stake in BJ’s Wholesale Club by 7.2% during the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company’s stock valued at $1,184,175,000 after purchasing an additional 966,528 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of BJ’s Wholesale Club in the 4th quarter worth approximately $85,550,000. Massachusetts Financial Services Co. MA raised its holdings 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 worth $196,929,000 after purchasing an additional 896,263 shares during the period. Rockefeller Capital Management L.P. grew its stake in BJ’s Wholesale Club by 4,834.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company’s stock valued at $51,567,000 after buying an additional 612,535 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in BJ’s Wholesale Club by 280.5% in the 3rd quarter. Jennison Associates LLC now owns 533,336 shares of the company’s stock valued at $43,990,000 after buying an additional 393,181 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Trading Up 2.9 %

NYSE:BJ opened at $112.20 on Tuesday. The company’s 50 day moving average price is $101.93 and its 200-day moving average price is $92.90. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $118.40. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 4.50 and a beta of 0.28.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on BJ. Wells Fargo & Company restated an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. The Goldman Sachs Group boosted their price target on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research note on Monday, March 10th. Jefferies Financial Group boosted 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 note on Thursday, November 21st. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research note on Friday, March 7th. Finally, Loop Capital upped their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a research note on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $108.71.

BJ’s Wholesale Club Company Profile

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.