Alliance Wealth Advisors LLC UT Grows Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Alliance Wealth Advisors LLC UT increased its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,666 shares of the company’s stock after buying an additional 438 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in BJ’s Wholesale Club were worth $778,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in BJ. FMR LLC boosted its holdings in BJ’s Wholesale Club by 39.7% during the third quarter. FMR LLC now owns 16,013,702 shares of the company’s stock worth $1,142,898,000 after buying an additional 4,548,963 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of BJ’s Wholesale Club by 22.2% in the third quarter. Victory Capital Management Inc. now owns 4,546,169 shares of the company’s stock valued at $324,460,000 after purchasing an additional 826,591 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of BJ’s Wholesale Club by 38.3% in the third quarter. Ameriprise Financial Inc. now owns 1,688,394 shares of the company’s stock valued at $120,500,000 after purchasing an additional 467,575 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new stake in shares of BJ’s Wholesale Club in the third quarter valued at about $29,768,000. Finally, Morgan Stanley lifted its holdings in shares of BJ’s Wholesale Club by 10.3% in the third quarter. Morgan Stanley now owns 3,940,441 shares of the company’s stock valued at $281,229,000 after purchasing an additional 369,317 shares in the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BJ. The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their price target for the company from $81.00 to $87.00 in a report on Monday, April 8th. Loop Capital reaffirmed a “hold” rating and issued a $80.00 price target (down previously from $85.00) on shares of BJ’s Wholesale Club in a report on Thursday, April 18th. Evercore ISI reduced their price objective on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating on the stock in a research note on Tuesday, April 16th. Gordon Haskett downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a research note on Wednesday, February 7th. Finally, Wells Fargo & Company reissued an “equal weight” rating and set a $70.00 price objective (down previously from $73.00) on shares of BJ’s Wholesale Club in a research note on Thursday, January 4th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $74.40.

Insider Transactions at BJ’s Wholesale Club

In other news, Director Christopher J. Baldwin sold 73,062 shares of the stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total value of $5,402,934.90. Following the completion of the sale, the director now owns 173,294 shares of the company’s stock, valued at $12,815,091.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Christopher J. Baldwin sold 73,062 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the completion of the sale, the director now directly owns 173,294 shares of the company’s stock, valued at approximately $12,815,091.30. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $77.37, for a total transaction of $77,370.00. Following the sale, the senior vice president now directly owns 12,905 shares of the company’s stock, valued at $998,459.85. The disclosure for this sale can be found here. Insiders sold 98,840 shares of company stock valued at $7,408,605 over the last 90 days. Corporate insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.4 %

BJ stock traded up $0.27 on Friday, hitting $76.65. 1,101,637 shares of the company were exchanged, compared to its average volume of 1,735,324. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $60.33 and a twelve month high of $80.42. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.73 and a quick ratio of 0.14. The business’s fifty day moving average is $74.64 and its two-hundred day moving average is $69.61. The stock has a market capitalization of $10.19 billion, a price-to-earnings ratio of 19.81, a price-to-earnings-growth ratio of 3.30 and a beta of 0.26.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.05. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 40.84%. The company had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.38 billion. During the same quarter in the prior year, the business earned $1.00 earnings per share. The business’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.91 earnings per share for the current year.

About BJ’s Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.