Impact Capital Partners LLC Makes New Investment in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Impact Capital Partners LLC purchased a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,293 shares of the company’s stock, valued at approximately $473,000.

Other institutional investors have also modified their holdings of the company. Tortoise Investment Management LLC grew its stake in shares of BJ’s Wholesale Club by 78.7% in the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after acquiring an additional 233 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of BJ’s Wholesale Club in the third quarter worth $55,000. UMB Bank n.a. grew its stake in shares of BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after acquiring an additional 253 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of BJ’s Wholesale Club by 151.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of BJ’s Wholesale Club by 34.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after acquiring an additional 324 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on BJ shares. Jefferies Financial Group lifted their price objective 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. UBS Group lifted their price objective on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Loop Capital lifted their price objective on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. lifted their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. Finally, DA Davidson lifted their price objective on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.71.

BJ’s Wholesale Club Trading Down 0.4 %

Shares of BJ’s Wholesale Club stock opened at $108.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $71.81 and a 1 year high of $118.40. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The company has a market capitalization of $14.28 billion, a P/E ratio of 25.98, a PEG ratio of 4.50 and a beta of 0.28. The company’s fifty day moving average is $100.68 and its two-hundred day moving average is $92.24.

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

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.