CreativeOne Wealth LLC Buys Shares of 3,534 BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

CreativeOne Wealth LLC purchased a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 3,534 shares of the company's stock, valued at approximately $316,000.

Several other hedge funds have also recently made changes to their positions in BJ. Covestor Ltd boosted its stake in BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after acquiring an additional 115 shares in the last quarter. Tortoise Investment Management LLC raised its holdings in shares of BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after purchasing an additional 233 shares during the period. Brown Brothers Harriman & Co. boosted its position in shares of BJ's Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock worth $47,000 after purchasing an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of BJ's Wholesale Club in the 3rd quarter valued at about $55,000. Finally, UMB Bank n.a. increased its position in BJ's Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after buying an additional 253 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

Insider Buying and Selling at BJ's Wholesale Club

In related news, Director Robert Allan Steele sold 11,813 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This represents a 32.67 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Robert W. Eddy sold 280,400 shares of BJ's Wholesale Club stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now owns 422,033 shares of the company's stock, valued at $48,242,592.23. This represents a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 328,505 shares of company stock valued at $37,452,686. Company insiders own 2.00% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of NYSE BJ traded down $1.08 during mid-day trading on Wednesday, reaching $113.98. 2,337,502 shares of the company's stock were exchanged, compared to its average volume of 1,648,091. The firm has a 50-day moving average price of $110.49 and a two-hundred day moving average price of $99.18. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The firm has a market capitalization of $15.01 billion, a price-to-earnings ratio of 27.40, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $73.70 and a 52 week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The business had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Barclays increased their price target on BJ's Wholesale Club from $80.00 to $115.00 and gave the stock an "equal weight" rating in a report on Monday, March 10th. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. Citigroup upgraded shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $115.00 to $130.00 in a report on Thursday, April 3rd. Cowen restated a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Finally, The Goldman Sachs Group raised their price target on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a research report on Monday, March 10th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.