Swiss National Bank Has $23.30 Million Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Swiss National Bank raised its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 260,800 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Swiss National Bank owned 0.20% of BJ’s Wholesale Club worth $23,302,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Tortoise Investment Management LLC raised its position in BJ’s Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after buying an additional 233 shares during the period. UMB Bank n.a. grew its stake in BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth about $55,000. Avior Wealth Management LLC raised its position in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after acquiring an additional 703 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its position in BJ’s Wholesale Club by 34.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after buying an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on BJ shares. Jefferies Financial Group lifted their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Wells Fargo & Company reissued an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Roth Mkm upped their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Loop Capital increased their target price 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. Finally, The Goldman Sachs Group boosted their price objective on BJ’s Wholesale Club from $102.00 to $121.00 and gave the company a “buy” rating in a research report on Monday, March 10th. Seven research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Trading Up 2.9 %

BJ stock opened at $112.20 on Tuesday. The business has a fifty day moving average price of $101.93 and a 200 day moving average price of $92.90. 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 fifty-two week low of $71.81 and a fifty-two week high of $118.40. The stock has a market capitalization of $14.82 billion, a price-to-earnings ratio of 26.97, a P/E/G ratio of 4.50 and a beta of 0.28.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results 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 during the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. Analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

BJ’s Wholesale Club 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.