OneDigital Investment Advisors LLC Has $1.87 Million Stock Holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

OneDigital Investment Advisors LLC boosted its holdings in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 140.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,710 shares of the company's stock after acquiring an additional 13,284 shares during the quarter. OneDigital Investment Advisors LLC's holdings in BJ's Wholesale Club were worth $1,873,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BJ. Blue Trust Inc. bought a new stake in shares of BJ's Wholesale Club during the second quarter valued at approximately $25,000. Davis Capital Management acquired a new position in BJ's Wholesale Club in the third quarter valued at approximately $25,000. UMB Bank n.a. lifted its holdings in BJ's Wholesale Club by 375.6% in the third quarter. UMB Bank n.a. now owns 371 shares of the company's stock valued at $31,000 after buying an additional 293 shares during the period. Reston Wealth Management LLC acquired a new position in BJ's Wholesale Club in the third quarter valued at approximately $41,000. Finally, J.Safra Asset Management Corp acquired a new stake in BJ's Wholesale Club in the second quarter worth $45,000. Institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Stock Performance

BJ's Wholesale Club stock traded down $0.46 during midday trading on Monday, hitting $86.81. The company's stock had a trading volume of 1,383,706 shares, compared to its average volume of 1,464,683. The company has a 50-day moving average price of $84.80 and a two-hundred day moving average price of $84.98. The company has a market cap of $11.51 billion, a price-to-earnings ratio of 22.04, a PEG ratio of 3.19 and a beta of 0.24. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.76 and a quick ratio of 0.15. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $63.08 and a 1-year high of $92.37.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its 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 company had revenue of $5.21 billion during the quarter, compared to analysts' expectations 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 revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.97 EPS. As a group, sell-side analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.83 earnings per share for the current year.

Insider Activity at BJ's Wholesale Club

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $83.57, for a total transaction of $83,570.00. Following the sale, the senior vice president now directly owns 13,566 shares of the company's stock, valued at $1,133,710.62. The trade was a 6.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Robert W. Eddy sold 11,000 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $83.75, for a total transaction of $921,250.00. Following the sale, the chief executive officer now directly owns 434,792 shares in the company, valued at $36,413,830. The trade was a 2.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 34,000 shares of company stock valued at $2,818,390. 2.00% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Melius Research began coverage on shares of BJ's Wholesale Club in a report on Monday, September 23rd. They issued a "buy" rating and a $90.00 target price on the stock. Bank of America decreased their target price 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. Wells Fargo & Company lifted their price objective on shares of BJ's Wholesale Club from $92.00 to $100.00 and gave the company an "overweight" rating in a research report on Tuesday, November 12th. Jefferies Financial Group lifted their price objective on shares of BJ's Wholesale Club from $95.00 to $105.00 and gave the company a "buy" rating in a research report on Friday. Finally, JPMorgan Chase & Co. raised shares of BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and lifted their price objective for the company from $76.00 to $78.00 in a research report on Monday, August 26th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $88.94.

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.