Factory Mutual Insurance Co. Sells 128,600 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Factory Mutual Insurance Co. lowered its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 25.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 384,237 shares of the company's stock after selling 128,600 shares during the quarter. Factory Mutual Insurance Co. owned approximately 0.29% of BJ's Wholesale Club worth $34,332,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in BJ. Bank of Montreal Can raised its holdings in shares of BJ's Wholesale Club by 2.2% in the 2nd quarter. Bank of Montreal Can now owns 15,407 shares of the company's stock worth $1,385,000 after purchasing an additional 325 shares during the period. AQR Capital Management LLC purchased a new stake in BJ's Wholesale Club in the second quarter worth $1,254,000. Algert Global LLC bought a new stake in shares of BJ's Wholesale Club in the second quarter valued at $1,599,000. Creative Planning lifted its position in shares of BJ's Wholesale Club by 10.7% during the 2nd quarter. Creative Planning now owns 9,298 shares of the company's stock valued at $817,000 after buying an additional 898 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of BJ's Wholesale Club by 123.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,500 shares of the company's stock worth $132,000 after acquiring an additional 828 shares during the period. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Price Performance

BJ traded down $0.98 on Friday, reaching $99.01. The company had a trading volume of 1,573,290 shares, compared to its average volume of 1,391,634. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $64.06 and a 52-week high of $100.74. The company has a market cap of $13.08 billion, a price-to-earnings ratio of 23.80, a P/E/G ratio of 4.65 and a beta of 0.32. 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 simple moving average of $95.14 and a 200 day simple moving average of $88.62.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share 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 analysts' expectations of $5.12 billion. During the same quarter last year, the company posted $0.98 EPS. The business's quarterly revenue was up 3.5% on a year-over-year basis. As a group, sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.95 EPS for the current year.

Analyst Upgrades and Downgrades

BJ has been the topic of several recent research reports. Wells Fargo & Company upped their price objective on shares of BJ's Wholesale Club from $92.00 to $100.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. Jefferies Financial Group upped their price target on shares of BJ's Wholesale Club from $105.00 to $110.00 and gave the company a "buy" rating in a research note on Thursday, November 21st. TD Cowen raised their price objective on shares of BJ's Wholesale Club from $110.00 to $115.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Citigroup boosted their target price on shares of BJ's Wholesale Club from $94.00 to $101.00 and gave the company a "neutral" rating in a report on Wednesday, December 18th. Finally, Morgan Stanley raised their price target on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock an "equal weight" rating in a report on Friday, November 22nd. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus price target of $94.00.

BJ's Wholesale Club Company 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.