BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Acquired by Curi RMB Capital LLC

Curi RMB Capital LLC increased its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 155,054 shares of the company's stock after purchasing an additional 11,929 shares during the period. Curi RMB Capital LLC owned 0.12% of BJ's Wholesale Club worth $13,854,000 as of its most recent SEC filing.

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

BJ's Wholesale Club Trading Down 1.4 %

BJ stock traded down $1.54 during midday trading on Thursday, hitting $112.49. 801,049 shares of the company's stock were exchanged, compared to its average volume of 1,934,380. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $73.93 and a 1-year high of $121.10. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $14.81 billion, a PE ratio of 27.03, a P/E/G ratio of 4.50 and a beta of 0.54. The business has a 50-day simple moving average of $110.65 and a two-hundred day simple moving average of $99.28.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. On average, sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Transactions at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 280,400 shares of the firm's stock in a transaction on Monday, April 7th. The stock was 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 directly owns 422,033 shares in the company, valued at $48,242,592.23. This trade represents a 39.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of BJ's Wholesale Club stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the completion of the sale, the director now directly owns 24,351 shares of the company's stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BJ. The Goldman Sachs Group upped their price objective on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a research report on Monday, March 10th. Citigroup upgraded BJ's Wholesale Club from a "neutral" rating to a "buy" rating and increased their price target for the stock from $115.00 to $130.00 in a research report on Thursday, April 3rd. Cowen reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Argus upgraded BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. Finally, UBS Group boosted their price target on shares of BJ's Wholesale Club from $108.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.