BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp boosted its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 187,219 shares of the company's stock after purchasing an additional 7,205 shares during the period. Stifel Financial Corp owned about 0.14% of BJ's Wholesale Club worth $16,728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Covestor Ltd raised its stake in shares of BJ's Wholesale Club by 66.5% during the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares in the last quarter. Tortoise Investment Management LLC increased its stake in shares of BJ's Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after buying an additional 233 shares during the period. Brown Brothers Harriman & Co. raised its holdings in shares of BJ's Wholesale Club by 652.9% in the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company's stock valued at $47,000 after acquiring an additional 457 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in BJ's Wholesale Club during the 3rd quarter worth about $55,000. Finally, UMB Bank n.a. increased its position in BJ's Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock valued at $56,000 after purchasing an additional 253 shares during the period. 98.60% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at BJ's Wholesale Club

In other news, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the completion of the transaction, the senior vice president now owns 14,240 shares in the company, valued at $1,705,097.60. This trade represents a 12.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP William C. Werner sold 14,192 shares of the company's stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the transaction, the executive vice president now owns 26,113 shares in the company, valued at $3,071,933.32. The trade was a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is owned by company insiders.

BJ's Wholesale Club Stock Up 1.2 %

Shares of BJ traded up $1.40 during midday trading on Tuesday, reaching $116.44. The stock had a trading volume of 1,296,573 shares, compared to its average volume of 1,649,349. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The company's fifty day simple moving average is $111.11 and its two-hundred day simple moving average is $99.99. The company has a market cap of $15.33 billion, a price-to-earnings ratio of 27.99, a PEG ratio of 4.50 and a beta of 0.54. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $73.93 and a 1-year high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The firm had revenue of $5.28 billion during the quarter, compared to analysts' expectations of $5.29 billion. Equities research analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on BJ. Argus upgraded BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. Loop Capital raised their price target on shares of BJ's Wholesale Club from $95.00 to $110.00 and gave the company a "hold" rating in a report on Friday, March 7th. Morgan Stanley increased their target price on shares of BJ's Wholesale Club from $98.00 to $115.00 and gave the company an "equal weight" rating in a research report on Friday, March 7th. UBS Group increased their price objective on BJ's Wholesale Club from $108.00 to $130.00 and gave the company a "buy" rating in a report on Friday, March 7th. Finally, Citigroup raised BJ's Wholesale Club from a "neutral" rating to a "buy" rating and upped their target price for the company from $115.00 to $130.00 in a research report on Thursday, April 3rd. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned 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 price target of $110.82.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.