BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Holdings Cut by Oak Ridge Investments LLC

Oak Ridge Investments LLC trimmed its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 13.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,016 shares of the company's stock after selling 5,904 shares during the period. Oak Ridge Investments LLC's holdings in BJ's Wholesale Club were worth $3,486,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. American Century Companies Inc. boosted its position in shares of BJ's Wholesale Club by 94.3% in the second quarter. American Century Companies Inc. now owns 165,948 shares of the company's stock worth $14,577,000 after buying an additional 80,547 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in BJ's Wholesale Club during the 2nd quarter worth approximately $128,000. Dimensional Fund Advisors LP boosted its holdings in BJ's Wholesale Club by 13.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,370,144 shares of the company's stock worth $120,351,000 after acquiring an additional 163,526 shares during the period. Vanguard Personalized Indexing Management LLC grew its position in BJ's Wholesale Club by 15.7% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,772 shares of the company's stock valued at $1,298,000 after acquiring an additional 2,001 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of BJ's Wholesale Club by 14.6% during the second quarter. Hsbc Holdings PLC now owns 12,022 shares of the company's stock valued at $1,056,000 after purchasing an additional 1,528 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Stock Performance

Shares of BJ's Wholesale Club stock traded up $0.58 during trading hours on Friday, reaching $95.01. The company's stock had a trading volume of 813,677 shares, compared to its average volume of 1,166,463. BJ's Wholesale Club Holdings, Inc. has a one year low of $64.06 and a one year high of $100.74. The company's 50 day simple moving average is $93.38 and its 200 day simple moving average is $88.01. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.14 and a current ratio of 0.76. The stock has a market cap of $12.55 billion, a P/E ratio of 22.84, a price-to-earnings-growth ratio of 4.54 and a beta of 0.32.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.29. The firm had revenue of $5.10 billion for the quarter, compared to analysts' expectations of $5.12 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. BJ's Wholesale Club's revenue was up 3.5% on a year-over-year basis. During the same quarter last year, the company posted $0.98 earnings per share. As a group, analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.95 EPS for the current fiscal year.

Insider Activity at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 11,000 shares of the business's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $85.47, for a total transaction of $940,170.00. Following the completion of the transaction, the chief executive officer now directly owns 423,792 shares in the company, valued at approximately $36,221,502.24. The trade was a 2.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BJ shares. Melius Research initiated coverage on shares of BJ's Wholesale Club in a research note on Monday, September 23rd. They issued a "buy" rating and a $90.00 target price for the company. Roth Mkm upped their price objective on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the company a "neutral" rating in a research report on Monday, November 25th. Jefferies Financial Group lifted their target price on BJ's Wholesale Club from $105.00 to $110.00 and gave the stock a "buy" rating in a research report on Thursday, November 21st. TD Cowen increased their price target on BJ's Wholesale Club from $110.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Finally, Morgan Stanley lifted their price objective on BJ's Wholesale Club from $90.00 to $98.00 and gave the stock an "equal weight" rating in a report on Friday, November 22nd. Seven analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, BJ's Wholesale Club currently has a consensus rating of "Moderate Buy" and an average target price of $94.00.

About BJ's Wholesale Club

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.