BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by Kayne Anderson Rudnick Investment Management LLC

Kayne Anderson Rudnick Investment Management LLC increased its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 1.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,331,379 shares of the company's stock after acquiring an additional 43,106 shares during the period. Kayne Anderson Rudnick Investment Management LLC owned approximately 3.28% of BJ's Wholesale Club worth $387,009,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Covestor Ltd increased its holdings in BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after purchasing an additional 115 shares during the last quarter. Tortoise Investment Management LLC boosted its position in shares of BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock worth $47,000 after buying an additional 233 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of BJ's Wholesale Club by 652.9% in the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after buying an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of BJ's Wholesale Club in the 3rd quarter valued at $55,000. Finally, UMB Bank n.a. lifted its stake in BJ's Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock worth $56,000 after acquiring an additional 253 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

Shares of BJ stock traded down $1.08 during mid-day trading on Wednesday, hitting $113.98. 2,337,502 shares of the stock were exchanged, compared to its average volume of 1,648,006. The stock's fifty day simple moving average is $110.65 and its two-hundred day simple moving average is $99.28. 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 Holdings, Inc. has a 12-month low of $73.93 and a 12-month high of $121.10. The stock has a market capitalization of $15.01 billion, a price-to-earnings ratio of 27.40, a P/E/G ratio of 4.50 and a beta of 0.54.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. On average, analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Insider Buying and Selling at BJ's Wholesale Club

In other news, SVP Joseph Mcgrail sold 2,100 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the sale, the senior vice president now owns 14,240 shares in the company, valued at $1,705,097.60. This represents a 12.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP William C. Werner sold 14,192 shares of BJ's Wholesale Club stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the completion of the transaction, the executive vice president now owns 26,113 shares in the company, valued at approximately $3,071,933.32. This trade represents a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have issued reports on BJ shares. Robert W. Baird boosted their price target on shares of BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "outperform" rating in a research note on Friday, March 7th. Morgan Stanley upped 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. The Goldman Sachs Group raised their price target on shares of BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a research report on Monday, March 10th. Loop Capital upped their price objective on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a research report on Friday, March 7th. Finally, Cowen reiterated a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $110.82.

BJ's Wholesale Club 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.