5,180 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Bryce Point Capital LLC

Bryce Point Capital LLC bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,180 shares of the company's stock, valued at approximately $463,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BJ. Clearbridge Investments LLC raised its stake in shares of BJ's Wholesale Club by 11.8% in the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock valued at $208,218,000 after acquiring an additional 245,731 shares in the last quarter. Neo Ivy Capital Management purchased a new position in shares of BJ's Wholesale Club in the 3rd quarter valued at about $828,000. Sanctuary Advisors LLC boosted its stake in shares of 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 period. Intech Investment Management LLC grew 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 worth $4,822,000 after buying an additional 39,713 shares in the last quarter. Finally, Oppenheimer & Co. Inc. purchased a new stake in shares of BJ's Wholesale Club during the fourth quarter worth approximately $307,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 280,400 shares of the business's stock in a transaction on Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the completion of the transaction, the chief executive officer now directly owns 422,033 shares of the company's stock, 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 legal filing with the SEC, which is available through the SEC website. Also, EVP William C. Werner sold 20,000 shares of the company's stock in a transaction on 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 in the company, valued at $3,456,716.28. This represents a 38.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 326,405 shares of company stock worth $37,201,232 in the last quarter. Company insiders own 2.00% of the company's stock.

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Analysts Set New Price Targets

BJ has been the subject of several analyst reports. The Goldman Sachs Group boosted their price target on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Morgan Stanley increased their target price on BJ's Wholesale Club from $98.00 to $115.00 and gave the company an "equal weight" rating in a report on Friday, March 7th. Loop Capital lifted their price target on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a report on Friday, March 7th. JPMorgan Chase & Co. increased their price objective on BJ's Wholesale Club from $87.00 to $101.00 and gave the company a "neutral" rating in a report on Monday, March 3rd. Finally, Wells Fargo & Company restated an "overweight" rating on shares of BJ's Wholesale Club in a research note 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $110.82.

BJ's Wholesale Club Price Performance

Shares of BJ traded up $2.79 during mid-day trading on Thursday, hitting $115.89. The company's stock had a trading volume of 1,274,785 shares, compared to its average volume of 1,644,468. The firm has a 50-day simple moving average of $108.25 and a 200 day simple moving average of $97.06. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $71.81 and a 1-year high of $120.43. The firm has a market capitalization of $15.26 billion, a P/E ratio of 27.85, a P/E/G ratio of 4.50 and a beta of 0.54. 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 (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion for 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%. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

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.