J.Safra Asset Management Corp Acquires 609 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

J.Safra Asset Management Corp increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 68.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,495 shares of the company’s stock after purchasing an additional 609 shares during the quarter. J.Safra Asset Management Corp’s holdings in BJ’s Wholesale Club were worth $134,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of BJ. Lifestyle Asset Management Inc. lifted its position 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 valued at $1,191,000 after acquiring an additional 108 shares during the period. Gateway Investment Advisers LLC lifted its position in BJ’s Wholesale Club by 0.7% during the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after purchasing an additional 111 shares during the period. CIBC Asset Management Inc grew its stake in BJ’s Wholesale Club by 3.3% during the third 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. Venturi Wealth Management LLC increased its holdings 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 period. Finally, Cornerstone Investment Partners LLC raised its position in shares of 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 buying an additional 132 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on BJ. Citigroup increased 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. Jefferies Financial Group lifted their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. UBS Group upped their price objective on 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. Wells Fargo & Company lifted their target price on BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Monday, February 10th. Finally, Roth Mkm boosted their target price on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research note on Monday, November 25th. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $96.24.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $100.15 on Thursday. The firm has a market cap of $13.23 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $108.00. The firm’s fifty day moving average is $98.53 and its 200-day moving average is $91.28. 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 Company 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.