Claret Asset Management Corp bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,245 shares of the company's stock, valued at approximately $201,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in BJ. Covestor Ltd boosted its stake in shares of BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after buying an additional 115 shares during the period. Brown Brothers Harriman & Co. lifted its stake in shares of BJ's Wholesale Club by 652.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock worth $47,000 after acquiring an additional 457 shares during the period. Tortoise Investment Management LLC boosted its holdings in BJ's Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after purchasing an additional 233 shares in the last quarter. UMB Bank n.a. grew its holdings in BJ's Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company's stock worth $56,000 after acquiring an additional 253 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of BJ's Wholesale Club during the 3rd quarter worth $55,000. Institutional investors and hedge funds own 98.60% of the company's stock.
Insider Buying and Selling at BJ's Wholesale Club
In related news, SVP Joseph Mcgrail sold 2,100 shares of the firm's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the transaction, the senior vice president now owns 14,240 shares of the company's stock, valued at approximately $1,705,097.60. This trade represents a 12.85 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the sale, the director now owns 24,351 shares of the company's stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 328,505 shares of company stock valued at $37,452,686. Corporate insiders own 2.00% of the company's stock.
BJ's Wholesale Club Stock Up 2.4 %
BJ stock opened at $118.57 on Friday. The company has a market capitalization of $15.61 billion, a P/E ratio of 28.50, a PEG ratio of 4.50 and a beta of 0.54. The firm has a 50 day simple moving average of $110.18 and a 200-day simple moving average of $98.68. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ's Wholesale Club Holdings, Inc. has a twelve month low of $72.38 and a twelve month high of $121.10.
BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion during the quarter, compared to analyst estimates of $5.29 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. On average, equities research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts have recently weighed in on the company. UBS Group raised their price target on BJ's Wholesale Club from $108.00 to $130.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Evercore ISI cut their price target on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating for the company in a report on Tuesday, April 1st. Loop Capital increased their price objective on BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a research note on Friday, March 7th. Citigroup raised shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and boosted their target price for the company from $115.00 to $130.00 in a research note on Thursday, April 3rd. Finally, Wells Fargo & Company reaffirmed an "overweight" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $110.82.
Read Our Latest Stock Analysis on BJ
About BJ's Wholesale Club
(
Free Report)
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.
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