BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Holdings Lifted by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd boosted its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 151.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,784 shares of the company's stock after purchasing an additional 11,928 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in BJ's Wholesale Club were worth $1,768,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BJ. Brown Brothers Harriman & Co. grew its holdings in BJ's Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after buying an additional 457 shares during the last quarter. Tortoise Investment Management LLC raised its position 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 valued at $47,000 after buying an additional 233 shares during the last quarter. UMB Bank n.a. boosted its position 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 last quarter. Wilmington Savings Fund Society FSB purchased a new stake in BJ's Wholesale Club in the 3rd quarter worth approximately $55,000. Finally, Avior Wealth Management LLC lifted its stake in shares of BJ's Wholesale Club by 151.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company's stock worth $104,000 after purchasing an additional 703 shares during the period. Hedge funds and other institutional investors own 98.60% of the company's stock.

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BJ's Wholesale Club Stock Up 3.4 %

Shares of BJ's Wholesale Club stock traded up $3.87 during trading hours on Thursday, hitting $116.97. 1,561,757 shares of the company's stock traded hands, compared to its average volume of 1,645,430. 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 twelve month low of $71.81 and a twelve month high of $120.43. The stock has a 50 day simple moving average of $108.25 and a 200-day simple moving average of $97.06. The company has a market cap of $15.40 billion, a PE ratio of 28.03, a PEG ratio of 4.50 and a beta of 0.54.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.28 billion during the quarter, compared to analyst estimates of $5.29 billion. Equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BJ. Morgan Stanley raised their price target on BJ's Wholesale Club from $98.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Friday, March 7th. Barclays increased 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 report on Monday, March 10th. Wells Fargo & Company restated an "overweight" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Loop Capital raised their price target on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a report on Friday, March 7th. Finally, Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $110.82.

Insider Activity at BJ's Wholesale Club

In other news, EVP William C. Werner sold 20,000 shares of the business's stock in a transaction dated 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 sale, the executive vice president now owns 31,308 shares of the company's stock, valued at approximately $3,456,716.28. The trade was a 38.98 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares in the company, 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. Insiders have sold 326,405 shares of company stock valued at $37,201,232 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

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.