Fmr LLC Raises Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

FMR LLC increased its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,378,928 shares of the company's stock after acquiring an additional 21,810 shares during the quarter. FMR LLC owned approximately 10.89% of BJ's Wholesale Club worth $1,284,757,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BJ. Clearbridge Investments LLC boosted its holdings in shares of BJ's Wholesale Club by 11.8% in the 4th quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock worth $208,218,000 after buying an additional 245,731 shares during the last quarter. Neo Ivy Capital Management purchased a new stake in shares of BJ's Wholesale Club during the 3rd quarter worth approximately $828,000. Sanctuary Advisors LLC raised its holdings 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 worth $3,215,000 after purchasing an additional 21,957 shares during the period. Intech Investment Management LLC lifted its stake in BJ's Wholesale Club by 278.6% in the fourth quarter. Intech Investment Management LLC now owns 53,968 shares of the company's stock valued at $4,822,000 after purchasing an additional 39,713 shares during the last quarter. Finally, Oppenheimer & Co. Inc. bought a new position in BJ's Wholesale Club during the fourth quarter valued at $307,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

Insider Transactions at BJ's Wholesale Club

In other news, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now owns 31,308 shares of the company's stock, valued at approximately $3,456,716.28. This represents a 38.98 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the company'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 sale, the chief executive officer now directly owns 422,033 shares in the company, valued at approximately $48,242,592.23. The trade was 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 326,405 shares of company stock worth $37,201,232. Company insiders own 2.00% of the company's stock.

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BJ's Wholesale Club Trading Down 0.1 %

Shares of NYSE BJ traded down $0.17 during midday trading on Friday, reaching $117.13. The company had a trading volume of 2,649,117 shares, compared to its average volume of 1,654,679. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm's fifty day moving average price is $108.90 and its 200-day moving average price is $97.56. The stock has a market cap of $15.42 billion, a PE ratio of 28.16, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. BJ's Wholesale Club Holdings, Inc. has a one year low of $71.81 and a one year high of $120.43.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (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 firm had revenue of $5.28 billion for the quarter, compared to analysts' expectations of $5.29 billion. On average, equities research analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. DA Davidson boosted their target price on BJ's Wholesale Club from $123.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Citigroup raised shares of BJ's Wholesale Club from a "neutral" rating to a "buy" rating and upped their price objective for the company from $115.00 to $130.00 in a report on Thursday, April 3rd. Morgan Stanley lifted their target price on shares of 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. UBS Group raised their price objective 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. Finally, The Goldman Sachs Group raised their price target on BJ's Wholesale Club from $102.00 to $121.00 and gave the stock a "buy" rating in a report on Monday, March 10th. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, BJ's Wholesale Club has an average rating of "Moderate Buy" and a consensus price target 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.