LVW Advisors LLC Reduces Stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

LVW Advisors LLC trimmed its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,164 shares of the company’s stock after selling 182 shares during the quarter. LVW Advisors LLC’s holdings in BJ’s Wholesale Club were worth $640,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Davis Capital Management purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter worth about $25,000. UMB Bank n.a. lifted its holdings in shares of BJ’s Wholesale Club by 375.6% in the third quarter. UMB Bank n.a. now owns 371 shares of the company’s stock valued at $31,000 after purchasing an additional 293 shares in the last quarter. Reston Wealth Management LLC acquired a new stake in shares of BJ’s Wholesale Club in the third quarter valued at approximately $41,000. Benjamin Edwards Inc. grew its position in shares of BJ’s Wholesale Club by 394.5% in the second quarter. Benjamin Edwards Inc. now owns 628 shares of the company’s stock valued at $55,000 after purchasing an additional 501 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of BJ’s Wholesale Club during the 3rd quarter worth approximately $55,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $95.01 on Tuesday. The company has a market cap of $12.55 billion, a price-to-earnings ratio of 22.84, a price-to-earnings-growth ratio of 4.54 and a beta of 0.32. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $64.06 and a 12 month high of $100.74. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The stock’s 50-day moving average is $93.48 and its 200-day moving average is $88.07.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, beating the consensus estimate of $0.89 by $0.29. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The firm had revenue of $5.10 billion for the quarter, compared to analyst estimates of $5.12 billion. During the same quarter last year, the firm posted $0.98 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 3.5% compared to the same quarter last year. Equities analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current year.

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the firm’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now directly owns 423,792 shares of the company’s stock, valued at $36,221,502.24. This trade represents a 2.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Morgan Stanley increased their target price on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a report on Friday, November 22nd. Jefferies Financial Group lifted their price objective on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Melius Research initiated coverage on shares of BJ’s Wholesale Club in a report on Monday, September 23rd. They issued a “buy” rating and a $90.00 target price on the stock. Citigroup lifted 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 report on Wednesday, December 18th. Finally, TD Cowen upped their price objective on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $94.00.

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.