FORA Capital LLC Makes New Investment in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

FORA Capital LLC bought a new stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,473 shares of the company's stock, valued at approximately $936,000.

Several other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in BJ's Wholesale Club in the 4th quarter worth about $135,344,000. Alliancebernstein L.P. raised its holdings in shares of BJ's Wholesale Club by 658.6% in the fourth quarter. Alliancebernstein L.P. now owns 1,523,218 shares of the company's stock worth $136,100,000 after buying an additional 1,322,425 shares during the period. Raymond James Financial Inc. bought a new stake in shares of BJ's Wholesale Club during the 4th quarter worth approximately $85,550,000. Deutsche Bank AG boosted its holdings in BJ's Wholesale Club by 3,526.9% during the 4th quarter. Deutsche Bank AG now owns 595,571 shares of the company's stock valued at $53,214,000 after acquiring an additional 579,150 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in BJ's Wholesale Club by 10.6% during the 4th quarter. Franklin Resources Inc. now owns 5,268,889 shares of the company's stock valued at $470,775,000 after acquiring an additional 504,958 shares during the period. Institutional investors own 98.60% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Loop Capital lifted their target price 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. UBS Group lifted their price objective on shares of BJ's Wholesale Club from $108.00 to $130.00 and gave the company a "buy" rating in a report on Friday, March 7th. Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. lifted their price target on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a research note on Friday. Finally, Morgan Stanley increased their price objective on BJ's Wholesale Club from $98.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $112.12.

BJ's Wholesale Club Stock Performance

BJ stock opened at $114.75 on Friday. The firm has a 50-day simple moving average of $113.94 and a two-hundred day simple moving average of $101.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. BJ's Wholesale Club Holdings, Inc. has a one year low of $76.33 and a one year high of $121.10. The firm has a market cap of $15.11 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 4.50 and a beta of 0.59.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The company had revenue of $5.28 billion during the quarter, compared to analysts' expectations of $5.29 billion. On average, equities analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Transactions at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP William C. Werner sold 20,000 shares of the firm's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now owns 31,308 shares of the company's stock, valued at approximately $3,456,716.28. This trade represents a 38.98 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the business's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the sale, the chief executive officer now directly owns 422,033 shares in the company, valued at $48,242,592.23. This trade represents a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 328,505 shares of company stock valued at $37,452,686 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.

BJ's Wholesale Club Profile

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.

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