4,632 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Stevens Capital Management LP

Stevens Capital Management LP bought a new stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJFree Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 4,632 shares of the company’s stock, valued at approximately $309,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Cutter & CO Brokerage Inc. boosted its stake in shares of BJ’s Wholesale Club by 0.8% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 37,643 shares of the company’s stock worth $2,509,000 after buying an additional 285 shares during the last quarter. GAMMA Investing LLC bought a new position in BJ’s Wholesale Club in the 4th quarter valued at about $88,000. Linden Thomas Advisory Services LLC grew its position in shares of BJ’s Wholesale Club by 9.6% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 10,160 shares of the company’s stock worth $677,000 after purchasing an additional 891 shares in the last quarter. California Public Employees Retirement System grew its position in shares of BJ’s Wholesale Club by 0.7% during the 4th quarter. California Public Employees Retirement System now owns 816,593 shares of the company’s stock worth $54,434,000 after purchasing an additional 5,946 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. boosted its position in shares of BJ’s Wholesale Club by 50.0% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 31,500 shares of the company’s stock worth $2,100,000 after acquiring an additional 10,500 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on BJ. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $70.00 price target (down previously from $73.00) on shares of BJ’s Wholesale Club in a research note on Thursday, January 4th. Gordon Haskett downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 target price for the company. in a research report on Wednesday, February 7th. JPMorgan Chase & Co. upped 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 research report on Friday, March 1st. Evercore ISI reduced their target price on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating for the company in a research report on Tuesday, April 16th. Finally, The Goldman Sachs Group upgraded shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and upped their price target for the company from $81.00 to $87.00 in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $74.40.

Get Our Latest Stock Analysis on BJ’s Wholesale Club

Insider Buying and Selling

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

BJ’s Wholesale Club Trading Up 0.4 %

BJ stock traded up $0.28 during mid-day trading on Friday, reaching $76.66. 1,101,637 shares of the stock traded hands, compared to its average volume of 1,464,657. The business has a 50-day moving average price of $74.48 and a two-hundred day moving average price of $69.56. 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 stock has a market capitalization of $10.19 billion, a PE ratio of 19.73, a PEG ratio of 3.28 and a beta of 0.26. BJ’s Wholesale Club Holdings, Inc. has a one year low of $60.33 and a one year high of $80.42.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last issued its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.05. The company had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.38 billion. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 40.84%. The firm’s quarterly revenue was up 8.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.00 EPS. Equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current year.

About BJ’s Wholesale Club

(Free Report)

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.

See Also

Institutional Ownership by Quarter for BJ's Wholesale Club (NYSE:BJ)

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