19,709 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Scientech Research LLC

Scientech Research LLC purchased a new stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,709 shares of the company's stock, valued at approximately $1,731,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thematics Asset Management boosted its stake in shares of BJ's Wholesale Club by 1.5% during the 4th quarter. Thematics Asset Management now owns 66,532 shares of the company's stock valued at $4,435,000 after buying an additional 992 shares during the period. GSA Capital Partners LLP purchased a new position in BJ's Wholesale Club in the fourth quarter valued at about $2,853,000. BNP Paribas Financial Markets increased its position in BJ's Wholesale Club by 231.3% in the 1st quarter. BNP Paribas Financial Markets now owns 222,461 shares of the company's stock worth $16,829,000 after purchasing an additional 155,316 shares during the last quarter. Raymond James & Associates raised its stake in shares of BJ's Wholesale Club by 99.9% during the 2nd quarter. Raymond James & Associates now owns 764,474 shares of the company's stock worth $67,151,000 after purchasing an additional 382,114 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in shares of BJ's Wholesale Club by 96.8% during the 1st quarter. Tidal Investments LLC now owns 19,840 shares of the company's stock valued at $1,501,000 after buying an additional 9,759 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on BJ shares. Evercore ISI increased their price objective on BJ's Wholesale Club from $86.00 to $89.00 and gave the stock an "in-line" rating in a report on Thursday, June 20th. Wells Fargo & Company upgraded shares of BJ's Wholesale Club from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $75.00 to $92.00 in a research note on Friday, August 23rd. Loop Capital lifted their price objective on shares of BJ's Wholesale Club from $80.00 to $85.00 and gave the company a "hold" rating in a research note on Thursday, July 11th. Bank of America lowered their target price on shares of BJ's Wholesale Club from $95.00 to $90.00 and set a "buy" rating on the stock in a research report on Friday, August 23rd. Finally, Roth Mkm raised their target price on BJ's Wholesale Club from $68.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, August 23rd. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $86.31.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 11,000 shares of the company's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total value of $873,400.00. Following the sale, the chief executive officer now owns 445,792 shares of the company's stock, valued at $35,395,884.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CEO Robert W. Eddy sold 11,000 shares of the business's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $79.40, for a total value of $873,400.00. Following the sale, the chief executive officer now owns 445,792 shares of the company's stock, valued at approximately $35,395,884.80. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Joseph Mcgrail sold 1,000 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the transaction, the senior vice president now owns 13,566 shares of the company's stock, valued at $1,133,710.62. The disclosure for this sale can be found here. Insiders sold a total of 79,438 shares of company stock valued at $6,980,938 over the last ninety days. 2.00% of the stock is owned by company insiders.

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock traded up $0.26 during mid-day trading on Friday, reaching $82.32. The company had a trading volume of 729,966 shares, compared to its average volume of 1,515,952. The company has a 50 day moving average of $83.47 and a 200-day moving average of $82.16. BJ's Wholesale Club Holdings, Inc. has a 52 week low of $63.08 and a 52 week high of $92.37. The company has a quick ratio of 0.15, a current ratio of 0.76 and a debt-to-equity ratio of 0.24. The firm has a market cap of $10.92 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 3.02 and a beta of 0.24.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.09. BJ's Wholesale Club had a return on equity of 36.12% and a net margin of 2.62%. The firm had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.15 billion. During the same period in the previous year, the company posted $0.97 earnings per share. The company's quarterly revenue was up 4.9% compared to the same quarter last year. On average, sell-side analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.83 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.