Vista Investment Partners LLC Grows Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Vista Investment Partners LLC grew its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,976 shares of the company’s stock after purchasing an additional 557 shares during the quarter. BJ’s Wholesale Club comprises about 1.4% of Vista Investment Partners LLC’s holdings, making the stock its 24th biggest holding. Vista Investment Partners LLC’s holdings in BJ’s Wholesale Club were worth $4,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Davis Capital Management bought a new position in shares of BJ’s Wholesale Club during the third quarter valued at approximately $25,000. UMB Bank n.a. boosted its holdings in BJ’s Wholesale Club by 375.6% in the third quarter. UMB Bank n.a. now owns 371 shares of the company’s stock worth $31,000 after purchasing an additional 293 shares during the last quarter. Reston Wealth Management LLC purchased a new stake in BJ’s Wholesale Club during the third quarter valued at $41,000. Wilmington Savings Fund Society FSB bought a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $55,000. Finally, Blue Trust Inc. raised its holdings in BJ’s Wholesale Club by 198.6% in the 3rd quarter. Blue Trust Inc. now owns 863 shares of the company’s stock worth $76,000 after purchasing an additional 574 shares during the period. Hedge funds and other institutional investors own 98.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Citigroup upped their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Roth Mkm upped their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. TD Cowen lifted their price objective on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Morgan Stanley upped their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research report on Friday, November 22nd. Finally, UBS Group raised their target price on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the stock a “buy” rating in a research report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average price target of $94.00.

Insider Activity at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction on Friday, November 1st. The shares were sold at an average price of $85.47, for a total transaction of $940,170.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 2.00% of the stock is currently owned by insiders.

BJ’s Wholesale Club Trading Up 0.0 %

BJ’s Wholesale Club stock opened at $97.09 on Friday. BJ’s Wholesale Club Holdings, Inc. has a one year low of $64.06 and a one year high of $100.74. The stock has a market cap of $12.82 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 4.48 and a beta of 0.32. 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 stock has a 50-day moving average of $94.18 and a two-hundred day moving average of $88.32.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results 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 return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.12 billion. During the same period in the prior year, the firm earned $0.98 EPS. The firm’s revenue was up 3.5% on a year-over-year basis. On average, research analysts anticipate 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.