15,656 Shares in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Purchased by Cox Capital Mgt LLC

Cox Capital Mgt LLC acquired a new position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 15,656 shares of the company's stock, valued at approximately $1,291,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. purchased a new stake in shares of BJ's Wholesale Club in the second quarter valued at $25,000. Davis Capital Management acquired a new position in BJ's Wholesale Club in the 3rd quarter valued at about $25,000. Rise Advisors LLC purchased a new position in BJ's Wholesale Club in the 1st quarter valued at about $26,000. UMB Bank n.a. boosted its stake in shares of BJ's Wholesale Club by 375.6% during the 3rd quarter. UMB Bank n.a. now owns 371 shares of the company's stock worth $31,000 after purchasing an additional 293 shares during the last quarter. Finally, J.Safra Asset Management Corp purchased a new stake in shares of BJ's Wholesale Club during the second quarter worth about $45,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Down 0.5 %

NYSE BJ traded down $0.47 during mid-day trading on Friday, reaching $86.77. 1,323,781 shares of the company's stock traded hands, compared to its average volume of 1,517,731. The company has a current ratio of 0.76, a quick ratio of 0.15 and a debt-to-equity ratio of 0.24. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $63.08 and a 1-year high of $92.37. The company has a fifty day simple moving average of $82.81 and a 200-day simple moving average of $82.92. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 21.91, a P/E/G ratio of 3.27 and a beta of 0.25.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last released its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, topping analysts' consensus estimates of $1.00 by $0.09. The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.15 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 earnings per share. As a group, equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.82 EPS for the current year.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of recent analyst reports. Roth Mkm increased their price target on BJ's Wholesale Club from $68.00 to $75.00 and gave the stock a "neutral" rating in a research note on Friday, August 23rd. Wells Fargo & Company upgraded BJ's Wholesale Club from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $75.00 to $92.00 in a report on Friday, August 23rd. JPMorgan Chase & Co. upgraded BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and lifted their target price for the company from $76.00 to $78.00 in a report on Monday, August 26th. Melius Research began coverage on BJ's Wholesale Club in a research report on Monday, September 23rd. They set a "buy" rating and a $90.00 price target for the company. Finally, Evercore ISI raised 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. Seven equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and an average target price of $86.31.

Insider Activity

In related news, EVP Graham Luce sold 16,596 shares of the business's stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total value of $1,512,725.40. Following the completion of the sale, the executive vice president now directly owns 14,131 shares of the company's stock, valued at $1,288,040.65. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CEO Robert W. Eddy sold 11,000 shares of the business's stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $87.60, for a total transaction of $963,600.00. Following the completion of the sale, the chief executive officer now owns 456,792 shares of the company's stock, valued at $40,014,979.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Graham Luce sold 16,596 shares of the firm's stock in a transaction dated Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the completion of the transaction, the executive vice president now directly owns 14,131 shares in the company, valued at $1,288,040.65. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 79,438 shares of company stock worth $6,946,288. 2.00% of the stock is currently owned by corporate insiders.

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.