Captrust Financial Advisors Has $570,000 Stock Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Captrust Financial Advisors boosted its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,913 shares of the company’s stock after acquiring an additional 392 shares during the quarter. Captrust Financial Advisors’ holdings in BJ’s Wholesale Club were worth $570,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of BJ’s Wholesale Club during the 2nd quarter worth about $25,000. Davis Capital Management acquired a new stake in shares of BJ’s Wholesale Club during the 3rd quarter worth approximately $25,000. UMB Bank n.a. grew its holdings in shares of BJ’s Wholesale Club by 375.6% during the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after purchasing an additional 293 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in BJ’s Wholesale Club in the 3rd quarter valued at $41,000. Finally, J.Safra Asset Management Corp acquired a new stake in BJ’s Wholesale Club in the 2nd quarter valued at $45,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Trading Up 1.9 %

Shares of BJ stock opened at $99.78 on Thursday. The firm has a market capitalization of $13.18 billion, a P/E ratio of 23.99, a P/E/G ratio of 4.50 and a beta of 0.29. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $64.06 and a twelve month high of $100.74. 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’s fifty day simple moving average is $89.74 and its 200 day simple moving average is $86.95.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the previous year, the business earned $0.98 EPS. The firm’s revenue was up 3.5% compared to the same quarter last year. As a group, sell-side analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on BJ shares. JPMorgan Chase & Co. upgraded BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $76.00 to $78.00 in a research report on Monday, August 26th. Wells Fargo & Company increased their price objective on BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Melius Research started coverage on BJ’s Wholesale Club in a research report on Monday, September 23rd. They issued a “buy” rating and a $90.00 price objective for the company. UBS Group raised their price objective on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Finally, Jefferies Financial Group lifted their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.25.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $85.47, for a total transaction of $940,170.00. Following the transaction, the chief executive officer now directly owns 423,792 shares of the company’s stock, valued at approximately $36,221,502.24. This represents a 2.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is owned by company insiders.

BJ’s Wholesale Club Profile

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.