BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Position Raised by Intrepid Capital Management Inc.

Intrepid Capital Management Inc. lifted its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 12.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,118 shares of the company’s stock after buying an additional 2,390 shares during the quarter. Intrepid Capital Management Inc.’s holdings in BJ’s Wholesale Club were worth $1,976,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Brown Brothers Harriman & Co. boosted its position in BJ’s Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock worth $47,000 after purchasing an additional 457 shares during the period. Tortoise Investment Management LLC lifted its stake in shares of BJ’s Wholesale Club by 78.7% in the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after buying an additional 233 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of BJ’s Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock worth $56,000 after buying an additional 253 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in BJ’s Wholesale Club in the 3rd quarter valued at $55,000. Finally, Avior Wealth Management LLC raised its holdings in BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the period. Institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

BJ has been the subject of a number of recent analyst reports. TD Cowen upped their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Evercore ISI decreased their target price on BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Tuesday. DA Davidson lifted their price target on 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. Barclays increased their price objective on BJ’s Wholesale Club from $80.00 to $115.00 and gave the company an “equal weight” rating in a research report on Monday, March 10th. Finally, JPMorgan Chase & Co. raised their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research note on Monday, March 3rd. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.94.

Insiders Place Their Bets

In other BJ’s Wholesale Club news, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the sale, the director now owns 24,351 shares of the company’s stock, valued at $2,619,924.09. This represents a 32.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William C. Werner sold 20,000 shares of the 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 in the company, valued at $3,456,716.28. The trade was a 38.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $115.00 on Wednesday. The firm has a market capitalization of $15.14 billion, a PE ratio of 27.64, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $118.40. The firm has a 50-day moving average price of $105.68 and a 200 day moving average price of $95.40.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.07. The business had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

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.