Fox Run Management L.L.C. Acquires Shares of 14,009 BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Fox Run Management L.L.C. bought a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 14,009 shares of the company's stock, valued at approximately $1,252,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. raised its position in shares of BJ's Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock valued at $1,787,000 after buying an additional 105 shares during the last quarter. Lifestyle Asset Management Inc. raised its holdings in BJ's Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company's stock valued at $1,191,000 after acquiring an additional 108 shares in the last quarter. Gateway Investment Advisers LLC lifted its position in shares of BJ's Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company's stock worth $1,353,000 after purchasing an additional 111 shares during the last quarter. CIBC Asset Management Inc grew its stake in shares of BJ's Wholesale Club by 3.3% during the third quarter. CIBC Asset Management Inc now owns 3,906 shares of the company's stock worth $322,000 after purchasing an additional 123 shares in the last quarter. Finally, Venturi Wealth Management LLC increased its holdings in BJ's Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after buying an additional 132 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BJ. Cowen reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Robert W. Baird upped their price target on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "outperform" rating in a research report on Friday, March 7th. DA Davidson raised their price objective on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Citigroup increased their price objective on BJ's Wholesale Club from $101.00 to $115.00 and gave the stock a "neutral" rating in a research report on Friday, March 7th. Finally, Loop Capital lifted their price objective on BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $108.71.

Insider Activity

In related news, Director Robert Allan Steele sold 11,813 shares of the firm'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 value of $1,270,960.67. Following the transaction, the director now owns 24,351 shares in the company, valued at approximately $2,619,924.09. This trade represents a 32.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP William C. Werner sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total transaction of $2,208,200.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.00% of the company's stock.

BJ's Wholesale Club Trading Down 1.1 %

Shares of BJ traded down $1.23 on Tuesday, hitting $109.54. 523,353 shares of the stock traded hands, compared to its average volume of 1,557,921. BJ's Wholesale Club Holdings, Inc. has a 1 year low of $71.81 and a 1 year high of $118.40. The firm has a market capitalization of $14.42 billion, a P/E ratio of 26.35, a P/E/G ratio of 4.50 and a beta of 0.28. The stock's 50 day moving average is $103.55 and its two-hundred day moving average is $93.99. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $5.28 billion for 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%. As a group, sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current 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.