International Assets Investment Management LLC Has $301,000 Stock Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

International Assets Investment Management LLC reduced its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 98.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,412 shares of the company's stock after selling 273,556 shares during the quarter. International Assets Investment Management LLC's holdings in BJ's Wholesale Club were worth $301,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC grew its holdings in shares of BJ's Wholesale Club by 158.9% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company's stock worth $368,044,000 after purchasing an additional 2,571,709 shares during the period. FMR LLC lifted its position in BJ's Wholesale Club by 7.2% during the third quarter. FMR LLC now owns 14,357,118 shares of the company's stock valued at $1,184,175,000 after buying an additional 966,528 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in BJ's Wholesale Club by 60.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company's stock worth $196,929,000 after buying an additional 896,263 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of BJ's Wholesale Club by 4,834.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company's stock valued at $51,567,000 after acquiring an additional 612,535 shares during the period. Finally, Marshall Wace LLP lifted its holdings in shares of BJ's Wholesale Club by 143.6% during the 2nd quarter. Marshall Wace LLP now owns 848,000 shares of the company's stock valued at $74,488,000 after acquiring an additional 499,954 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

NYSE BJ traded down $0.44 during trading hours on Monday, reaching $96.13. The company's stock had a trading volume of 2,674,271 shares, compared to its average volume of 1,835,794. 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 business has a 50-day simple moving average of $93.01 and a 200 day simple moving average of $87.81. The stock has a market cap of $12.70 billion, a PE ratio of 23.11, a PEG ratio of 4.69 and a beta of 0.32. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $64.06 and a 52 week high of $100.74.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, November 21st. The company reported $1.18 EPS for the quarter, topping the consensus estimate of $0.89 by $0.29. The firm had revenue of $5.10 billion during the quarter, compared to analysts' expectations of $5.12 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. BJ's Wholesale Club's quarterly revenue was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. Equities research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

Insider Buying and Selling at BJ's Wholesale Club

In related news, CEO Robert W. Eddy sold 11,000 shares of BJ's Wholesale Club stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $85.47, for a total value of $940,170.00. Following the transaction, the chief executive officer now owns 423,792 shares of the company's stock, valued at approximately $36,221,502.24. This trade represents a 2.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have commented on the company. Melius Research initiated coverage on BJ's Wholesale Club in a research report on Monday, September 23rd. They issued a "buy" rating and a $90.00 price objective on the stock. Jefferies Financial Group increased their price objective on shares of BJ's Wholesale Club from $105.00 to $110.00 and gave the company a "buy" rating in a research report on Thursday, November 21st. UBS Group upped their target price on shares of BJ's Wholesale Club from $102.00 to $108.00 and gave the company a "buy" rating in a research note on Friday, November 22nd. Morgan Stanley boosted their price objective on shares of BJ's Wholesale Club from $90.00 to $98.00 and gave the stock an "equal weight" rating in a report on Friday, November 22nd. Finally, Roth Mkm lifted their target price on BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a research report on Monday, November 25th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $94.00.

BJ's Wholesale Club Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.