LPL Financial LLC Purchases 33,026 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

LPL Financial LLC increased its position in BJ’s Wholesale Club Holdings, Inc. ( NYSE:BJ – Free Report ) by 35.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC.

The firm owned 126,093 shares of the company’s stock after purchasing an additional 33,026 shares during the quarter. LPL Financial LLC owned approximately 0.10% of BJ’s Wholesale Club worth $11,266,000 as of its most recent SEC filing.



Other hedge funds have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. boosted its position in BJ’s Wholesale Club by 0.

5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock worth $1,787,000 after purchasing an additional 105 shares during the period.

Lifestyle Asset Management Inc. lifted its stake in shares of BJ’s Wholesale Club by 0.8% during the 4th quarter.

Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after buying an additional 108 shares during the last quarter. Gateway Investment Advisers LLC boosted its holdings in shares of BJ’s Wholesale Club by 0.

7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after buying an additional 111 shares during the period. Venturi Wealth Management LLC grew its stake in BJ’s Wholesale Club by 4.

6% in the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock valued at $267,000 after buying an additional 132 shares during the last quarter. Finally, Cornerstone Investment Partners LLC raised its holdings in BJ’s Wholesale Club by 2.

6% in the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock valued at $470,000 after acquiring an additional 132 shares during the period. 98.

60% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes BJ has been the topic of a number of recent research reports. Citigroup upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and increased their target price for the stock from $115.

00 to $130.00 in a research note on Thursday. Loop Capital increased their price objective on BJ’s Wholesale Club from $95.

00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, March 7th. Robert W.

Baird boosted their target price on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, March 7th.

DA Davidson raised their price target on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, March 7th.

Finally, The Goldman Sachs Group lifted their price objective on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research note on Monday, March 10th.

Six investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Moderate Buy” and an average target price of $110.82.

BJ’s Wholesale Club Stock Performance NYSE:BJ opened at $118.65 on Friday. 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 firm has a market capitalization of $15.62 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 4.

50 and a beta of 0.54. BJ’s Wholesale Club Holdings, Inc.

has a twelve month low of $71.81 and a twelve month high of $118.99.

The stock’s 50-day simple moving average is $106.51 and its 200 day simple moving average is $95.70.

BJ’s Wholesale Club ( NYSE:BJ – Get Free Report ) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.

86 by $0.07. The company had revenue of $5.

28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.

71% and a return on equity of 35.41%. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc.

will post 3.96 EPS for the current fiscal year. Insider Activity In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of the company’s stock in a transaction that occurred on Friday, March 14th.

The shares were sold at an average price of $107.59, for a total value of $1,270,960.67.

Following the completion of the transaction, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This represents a 32.

67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link . Also, EVP William C.

Werner sold 14,192 shares of the firm’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total transaction of $1,669,546.

88. Following the transaction, the executive vice president now directly owns 26,113 shares of the company’s stock, valued at $3,071,933.32.

The trade was a 35.21 % decrease in their position. The disclosure for this sale can be found here .

In the last ninety days, insiders sold 46,005 shares of company stock worth $5,148,708. Insiders own 2.00% of the company’s stock.

About BJ’s Wholesale Club ( Free Report ) 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. See Also Want to see what other hedge funds are holding BJ? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for BJ’s Wholesale Club Holdings, Inc. ( NYSE:BJ – Free Report ). Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.

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