BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) EVP William C. Werner Sells 14,192 Shares

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) EVP William C. Werner sold 14,192 shares of the stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $117.64, for a total value of $1,669,546.88. Following the sale, the executive vice president now owns 26,113 shares of the company's stock, valued at $3,071,933.32. This represents a 35.21 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

BJ's Wholesale Club Stock Down 0.6 %

BJ stock traded down $0.70 on Tuesday, hitting $113.83. 1,195,776 shares of the company's stock were exchanged, compared to its average volume of 1,626,707. The firm has a 50 day moving average price of $107.18 and a two-hundred day moving average price of $96.40. BJ's Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $120.43. The stock has a market cap of $14.99 billion, a P/E ratio of 27.32, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The business had revenue of $5.28 billion for the quarter, compared to analyst estimates 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, equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Remove Ads

Institutional Investors Weigh In On BJ's Wholesale Club

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

Analyst Upgrades and Downgrades

BJ has been the subject of several recent research reports. UBS Group lifted their price target on BJ's Wholesale Club from $108.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Loop Capital increased their target price on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a research note on Friday, March 7th. Wells Fargo & Company reiterated an "overweight" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Evercore ISI reduced their target price on shares of BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. boosted their price target 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. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.