3,100 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Purchased by Everence Capital Management Inc.

Everence Capital Management Inc. acquired a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,100 shares of the company’s stock, valued at approximately $277,000.

Several other large investors have also bought and sold shares of the company. CIBC Asset Management Inc increased its holdings in BJ’s Wholesale Club by 3.3% in the 3rd quarter. CIBC Asset Management Inc now owns 3,906 shares of the company’s stock worth $322,000 after buying an additional 123 shares in the last quarter. OLD National Bancorp IN grew its stake in shares of BJ’s Wholesale Club by 2.5% in the third quarter. OLD National Bancorp IN now owns 5,438 shares of the company’s stock worth $449,000 after acquiring an additional 133 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of BJ’s Wholesale Club by 5.2% during the third quarter. Integrated Wealth Concepts LLC now owns 2,710 shares of the company’s stock valued at $224,000 after purchasing an additional 133 shares during the last quarter. Assetmark Inc. lifted its position in BJ’s Wholesale Club by 5.6% during the third quarter. Assetmark Inc. now owns 2,582 shares of the company’s stock valued at $213,000 after purchasing an additional 137 shares during the period. Finally, Vista Investment Partners LLC boosted its holdings in BJ’s Wholesale Club by 0.3% in the third quarter. Vista Investment Partners LLC now owns 48,419 shares of the company’s stock worth $3,994,000 after purchasing an additional 147 shares during the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BJ. TD Cowen boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Morgan Stanley raised their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a research report on Friday, November 22nd. Citigroup upped their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Melius Research assumed coverage on shares of BJ’s Wholesale Club in a report on Monday, September 23rd. They issued a “buy” rating and a $90.00 price objective on the stock. Finally, Wells Fargo & Company increased their price target on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 12th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.00.

Insiders Place Their Bets

In related news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the sale, the chief executive officer now directly owns 423,792 shares in the company, valued at approximately $36,221,502.24. The trade was a 2.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $91.16 on Wednesday. The stock has a 50-day moving average price of $92.29 and a 200 day moving average price of $87.63. The stock has a market capitalization of $12.04 billion, a P/E ratio of 21.91, a P/E/G ratio of 4.69 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $64.06 and a 12-month high of $100.74. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23.

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