Janus Henderson Group PLC Has $8.88 Million Position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Janus Henderson Group PLC increased its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 10.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 107,652 shares of the company's stock after buying an additional 9,744 shares during the period. Janus Henderson Group PLC owned 0.08% of BJ's Wholesale Club worth $8,878,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in BJ. Blue Trust Inc. acquired a new position in BJ's Wholesale Club in the second quarter worth approximately $25,000. Davis Capital Management acquired a new position in BJ's Wholesale Club in the third quarter worth approximately $25,000. UMB Bank n.a. increased its holdings in BJ's Wholesale Club by 375.6% in the third quarter. UMB Bank n.a. now owns 371 shares of the company's stock worth $31,000 after buying an additional 293 shares during the last quarter. Reston Wealth Management LLC acquired a new position in BJ's Wholesale Club in the third quarter worth approximately $41,000. Finally, J.Safra Asset Management Corp acquired a new position in BJ's Wholesale Club in the second quarter worth approximately $45,000. Institutional investors and hedge funds own 98.60% of the company's stock.

Analyst Ratings Changes

Several equities analysts have commented on the company. Melius Research assumed coverage on BJ's Wholesale Club in a report on Monday, September 23rd. They set a "buy" rating and a $90.00 price target on the stock. Bank of America lowered their price objective on shares of BJ's Wholesale Club from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, August 23rd. UBS Group raised their price objective on shares of BJ's Wholesale Club from $102.00 to $108.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. JPMorgan Chase & Co. upgraded shares of BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and raised their price objective for the stock from $76.00 to $78.00 in a research note on Monday, August 26th. Finally, Roth Mkm raised their price objective on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a research note on Monday, November 25th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $93.25.

Insider Buying and Selling

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 completion of the sale, the chief executive officer now directly owns 423,792 shares in the company, valued at $36,221,502.24. This trade represents a 2.53 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company's stock.

BJ's Wholesale Club Price Performance

Shares of BJ's Wholesale Club stock traded up $0.02 during trading on Monday, reaching $95.62. The company's stock had a trading volume of 1,488,010 shares, compared to its average volume of 1,504,547. The stock has a 50-day moving average price of $89.16 and a two-hundred day moving average price of $86.79. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ's Wholesale Club Holdings, Inc. has a one year low of $64.06 and a one year high of $99.91. The stock has a market capitalization of $12.63 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 4.50 and a beta of 0.29.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.29. The business had revenue of $5.10 billion during the quarter, compared to analysts' expectations of $5.12 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.98 earnings per share. As a group, sell-side analysts anticipate that BJ's Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

BJ's Wholesale Club Company 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.