14,276 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by AQR Capital Management LLC

AQR Capital Management LLC purchased a new stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,276 shares of the company's stock, valued at approximately $1,254,000.

A number of other hedge funds also recently made changes to their positions in BJ. AXA S.A. acquired a new stake in BJ's Wholesale Club in the 2nd quarter valued at $2,112,000. Marshall Wace LLP boosted its stake in shares of BJ's Wholesale Club by 143.6% in the 2nd quarter. Marshall Wace LLP now owns 848,000 shares of the company's stock valued at $74,488,000 after purchasing an additional 499,954 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of BJ's Wholesale Club by 2.2% in the 2nd quarter. Bank of Montreal Can now owns 15,407 shares of the company's stock worth $1,385,000 after purchasing an additional 325 shares during the last quarter. Lombard Odier Asset Management USA Corp acquired a new stake in shares of BJ's Wholesale Club during the 2nd quarter worth about $281,000. Finally, Itau Unibanco Holding S.A. bought a new position in BJ's Wholesale Club during the 2nd quarter valued at about $3,748,000. Institutional investors and hedge funds own 98.60% of the company's stock.

BJ's Wholesale Club Trading Down 0.5 %

BJ stock traded down $0.47 during midday trading on Friday, hitting $86.77. 1,322,252 shares of the company's stock were exchanged, compared to its average volume of 1,517,731. BJ's Wholesale Club Holdings, Inc. has a one year low of $63.08 and a one year high of $92.37. The stock's fifty day moving average price is $82.81 and its 200-day moving average price is $82.84. The company has a market cap of $11.50 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 3.27 and a beta of 0.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.15 and a current ratio of 0.76.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $5.15 billion. BJ's Wholesale Club had a return on equity of 36.12% and a net margin of 2.62%. BJ's Wholesale Club's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.97 EPS. Research analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Loop Capital lifted their target price 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 price objective on shares of BJ's Wholesale Club from $95.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, August 23rd. Evercore ISI upped their target price on shares of BJ's Wholesale Club from $86.00 to $89.00 and gave the stock an "in-line" rating in a research report on Thursday, June 20th. Roth Mkm raised their price target on shares of BJ's Wholesale Club from $68.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, August 23rd. Finally, JPMorgan Chase & Co. raised BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and upped their price objective for the stock from $76.00 to $78.00 in a report on Monday, August 26th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $86.31.

Insider Activity at BJ's Wholesale Club

In other news, EVP Jeff Desroches sold 28,842 shares of the company's stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $89.86, for a total transaction of $2,591,742.12. Following the completion of the transaction, the executive vice president now directly owns 58,452 shares of the company's stock, valued at $5,252,496.72. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Robert W. Eddy sold 11,000 shares of the company's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $79.40, for a total transaction of $873,400.00. Following the sale, the chief executive officer now owns 445,792 shares in the company, valued at approximately $35,395,884.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Jeff Desroches sold 28,842 shares of the business's stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of $89.86, for a total value of $2,591,742.12. Following the transaction, the executive vice president now directly owns 58,452 shares in the company, valued at $5,252,496.72. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 79,438 shares of company stock valued at $6,946,288. 2.00% of the stock is owned by corporate insiders.

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.