BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Raymond James & Associates

Raymond James & Associates lifted its stake in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 13.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 870,589 shares of the company's stock after buying an additional 106,115 shares during the period. Raymond James & Associates owned approximately 0.66% of BJ's Wholesale Club worth $71,806,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Park Avenue Securities LLC lifted its stake in BJ's Wholesale Club by 3.3% during the 1st quarter. Park Avenue Securities LLC now owns 12,721 shares of the company's stock valued at $962,000 after acquiring an additional 404 shares during the period. Park Place Capital Corp lifted its position in BJ's Wholesale Club by 42.4% during the first quarter. Park Place Capital Corp now owns 1,095 shares of the company's stock valued at $83,000 after purchasing an additional 326 shares during the period. Congress Wealth Management LLC DE grew its position in BJ's Wholesale Club by 19.4% during the 1st quarter. Congress Wealth Management LLC DE now owns 172,906 shares of the company's stock worth $13,080,000 after purchasing an additional 28,152 shares during the period. Financial Strategies Group Inc. purchased a new position in shares of BJ's Wholesale Club during the 1st quarter valued at about $215,000. Finally, State of Michigan Retirement System lifted its holdings in shares of BJ's Wholesale Club by 1.9% in the 1st quarter. State of Michigan Retirement System now owns 32,715 shares of the company's stock valued at $2,475,000 after buying an additional 600 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.

BJ's Wholesale Club Trading Down 0.6 %

NYSE:BJ traded down $0.51 on Tuesday, hitting $85.99. The stock had a trading volume of 783,560 shares, compared to its average volume of 1,507,369. The company has a fifty day moving average price of $83.05 and a two-hundred day moving average price of $83.50. 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 quick ratio of 0.15, a current ratio of 0.76 and a debt-to-equity ratio of 0.24. The stock has a market cap of $11.41 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 3.27 and a beta of 0.25.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $1.00 by $0.09. The business had revenue of $5.21 billion for 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%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.97 EPS. Equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have commented on BJ. Loop Capital upped their price objective on BJ's Wholesale Club from $80.00 to $85.00 and gave the stock a "hold" rating in a research report on Thursday, July 11th. Melius Research started coverage on shares of BJ's Wholesale Club in a report on Monday, September 23rd. They issued a "buy" rating and a $90.00 price objective for the company. JPMorgan Chase & Co. raised shares of BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and increased their target price for the stock from $76.00 to $78.00 in a research note on Monday, August 26th. Bank of America dropped their target price on 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 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 report on Friday, August 23rd. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, BJ's Wholesale Club has a consensus rating of "Moderate Buy" and a consensus price target of $86.31.

Insiders Place Their Bets

In related news, CEO Robert W. Eddy sold 11,000 shares of BJ's Wholesale Club stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $83.75, for a total value of $921,250.00. Following the completion of the transaction, the chief executive officer now directly owns 434,792 shares in the company, valued at approximately $36,413,830. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO Robert W. Eddy sold 11,000 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $83.75, for a total value of $921,250.00. Following the sale, the chief executive officer now owns 434,792 shares of the company's stock, valued at $36,413,830. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Joseph Mcgrail sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $83.57, for a total transaction 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. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,000 shares of company stock worth $2,841,820 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

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.