Alliance Wealth Advisors LLC UT Has $778,000 Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Alliance Wealth Advisors LLC UT boosted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,666 shares of the company’s stock after buying an additional 438 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in BJ’s Wholesale Club were worth $778,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BJ. Global Retirement Partners LLC boosted its holdings in BJ’s Wholesale Club by 45.3% in the 3rd quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock valued at $34,000 after purchasing an additional 153 shares during the period. Huntington National Bank boosted its holdings in BJ’s Wholesale Club by 159.9% in the 3rd quarter. Huntington National Bank now owns 668 shares of the company’s stock valued at $48,000 after purchasing an additional 411 shares during the period. First Horizon Advisors Inc. boosted its holdings in BJ’s Wholesale Club by 23.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 824 shares of the company’s stock valued at $59,000 after purchasing an additional 159 shares during the period. Anchor Investment Management LLC bought a new position in shares of BJ’s Wholesale Club during the 4th quarter worth about $78,000. Finally, GAMMA Investing LLC bought a new position in shares of BJ’s Wholesale Club during the 4th quarter worth about $88,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Price Performance

BJ traded up $0.27 during midday trading on Friday, hitting $76.65. The company had a trading volume of 1,101,637 shares, compared to its average volume of 1,735,324. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.14 and a current ratio of 0.73. The company has a market capitalization of $10.19 billion, a PE ratio of 19.81, a P/E/G ratio of 3.30 and a beta of 0.26. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $60.33 and a twelve month high of $80.42. The firm’s 50-day simple moving average is $74.64 and its 200-day simple moving average is $69.61.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 7th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.05. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 40.84%. The firm had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.38 billion. During the same quarter last year, the company posted $1.00 EPS. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Equities research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

Insider Transactions at BJ’s Wholesale Club

In other news, Director Christopher J. Baldwin sold 73,062 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, March 11th. The shares were sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the completion of the sale, the director now owns 173,294 shares in the company, valued at approximately $12,815,091.30. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $76.70, for a total transaction of $843,700.00. Following the transaction, the chief executive officer now owns 500,792 shares of the company’s stock, valued at approximately $38,410,746.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christopher J. Baldwin sold 73,062 shares of BJ’s Wholesale Club stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the transaction, the director now directly owns 173,294 shares in the company, valued at approximately $12,815,091.30. The disclosure for this sale can be found here. Insiders sold a total of 98,840 shares of company stock worth $7,408,605 in the last quarter. 2.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of analyst reports. The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $81.00 to $87.00 in a report on Monday, April 8th. Loop Capital reaffirmed a “hold” rating and set a $80.00 price objective (down from $85.00) on shares of BJ’s Wholesale Club in a report on Thursday, April 18th. Evercore ISI reduced their price objective on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating for the company in a report on Tuesday, April 16th. Gordon Haskett downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price objective for the company. in a report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a report on Friday, March 1st. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, BJ’s Wholesale Club currently has an average rating of “Hold” and an average target price of $74.40.

BJ’s Wholesale Club Profile

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.