Landscape Capital Management L.L.C. Acquires New Stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Landscape Capital Management L.L.C. acquired a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,939 shares of the company's stock, valued at approximately $531,000.

Several other large investors also recently made changes to their positions in the company. Clearbridge Investments LLC raised its holdings in BJ's Wholesale Club by 11.8% during the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock worth $208,218,000 after buying an additional 245,731 shares during the last quarter. Neo Ivy Capital Management bought a new position in BJ's Wholesale Club in the 3rd quarter valued at about $828,000. Sanctuary Advisors LLC raised its position in BJ's Wholesale Club by 129.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company's stock valued at $3,215,000 after buying an additional 21,957 shares during the last quarter. Intech Investment Management LLC increased its position in shares of BJ's Wholesale Club by 278.6% during the fourth quarter. Intech Investment Management LLC now owns 53,968 shares of the company's stock valued at $4,822,000 after acquiring an additional 39,713 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new stake in BJ's Wholesale Club during the fourth quarter worth $307,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 280,400 shares of BJ's Wholesale Club stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the sale, the chief executive officer now directly owns 422,033 shares in the company, valued at $48,242,592.23. The trade was a 39.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the transaction, the director now owns 24,351 shares of the company's stock, valued at approximately $2,619,924.09. This trade represents a 32.67 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 326,405 shares of company stock worth $37,201,232 over the last quarter. 2.00% of the stock is owned by corporate insiders.

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BJ's Wholesale Club Trading Down 0.6 %

Shares of NYSE BJ traded down $0.67 during mid-day trading on Friday, hitting $116.64. The stock had a trading volume of 1,149,853 shares, compared to its average volume of 1,648,901. The firm has a market cap of $15.36 billion, a P/E ratio of 28.08, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The business has a 50 day moving average price of $108.62 and a two-hundred day moving average price of $97.31. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $71.81 and a 1 year high of $120.43.

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 for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The company 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 analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on BJ shares. Barclays lifted their target price on BJ's Wholesale Club from $80.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Monday, March 10th. DA Davidson lifted their price objective on shares of 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. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Evercore ISI lowered their price target on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Finally, UBS Group increased their price objective on BJ's Wholesale Club from $108.00 to $130.00 and gave the company a "buy" rating in a report on Friday, March 7th. Seven 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, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.82.

About BJ's Wholesale Club

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.