BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Bridgewater Associates LP

Bridgewater Associates LP decreased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 68.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,715 shares of the company's stock after selling 52,075 shares during the quarter. Bridgewater Associates LP's holdings in BJ's Wholesale Club were worth $2,119,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Covestor Ltd boosted its stake in BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after purchasing an additional 115 shares during the period. Brown Brothers Harriman & Co. lifted its position in BJ's Wholesale Club by 652.9% during the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after purchasing an additional 457 shares during the last quarter. Tortoise Investment Management LLC raised its stake 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 acquiring an additional 233 shares during the period. UMB Bank n.a. raised its stake in shares of BJ's Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after acquiring an additional 253 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of BJ's Wholesale Club in the third quarter valued at $55,000. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ stock traded down $1.49 during midday trading on Thursday, hitting $112.55. The company had a trading volume of 588,760 shares, compared to its average volume of 1,931,883. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. BJ's Wholesale Club Holdings, Inc. has a 52-week low of $73.93 and a 52-week high of $121.10. The stock has a market cap of $14.82 billion, a price-to-earnings ratio of 27.05, a PEG ratio of 4.50 and a beta of 0.54. The company's 50 day simple moving average is $110.65 and its 200 day simple moving average is $99.28.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $5.29 billion. Research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Activity at BJ's Wholesale Club

In other BJ's Wholesale Club news, EVP William C. Werner sold 20,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the completion of the transaction, the executive vice president now directly owns 31,308 shares in the company, valued at approximately $3,456,716.28. This trade represents a 38.98 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 280,400 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the transaction, the chief executive officer now owns 422,033 shares of the company's stock, valued at $48,242,592.23. This trade represents a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 328,505 shares of company stock worth $37,452,686 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on BJ. Argus raised shares of BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. upped their target price on BJ's Wholesale Club from $87.00 to $101.00 and gave the company a "neutral" rating in a research report on Monday, March 3rd. Citigroup raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and upped their target price for the company from $115.00 to $130.00 in a research report on Thursday, April 3rd. Loop Capital upped their target price on BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a research report on Friday, March 7th. Finally, Evercore ISI cut their target price on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 1st. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $110.82.

BJ's Wholesale Club Company Profile

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.