Thematics Asset Management Sells 8,142 Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Thematics Asset Management cut its position in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 69,226 shares of the company's stock after selling 8,142 shares during the quarter. Thematics Asset Management owned 0.05% of BJ's Wholesale Club worth $6,185,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Covestor Ltd increased its position in shares of BJ's Wholesale Club by 66.5% in the fourth quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after acquiring an additional 115 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in 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 during the last quarter. Tortoise Investment Management LLC grew its position in shares of BJ's Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company's stock valued at $47,000 after acquiring an additional 233 shares during the period. UMB Bank n.a. increased its stake in shares of BJ's Wholesale Club by 68.2% during the 4th quarter. UMB Bank n.a. now owns 624 shares of the company's stock worth $56,000 after purchasing an additional 253 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in BJ's Wholesale Club during the third quarter worth about $55,000. Institutional investors and hedge funds own 98.60% of the company's stock.

Analyst Ratings Changes

A number of research firms recently weighed in on BJ. UBS Group boosted their target price on BJ's Wholesale Club from $108.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Morgan Stanley upped their target price on 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. Wells Fargo & Company reissued an "overweight" rating on shares of BJ's Wholesale Club in a report on Friday, March 7th. Robert W. Baird boosted their price target on BJ's Wholesale Club from $115.00 to $125.00 and gave the company an "outperform" rating in a research note on Friday, March 7th. Finally, The Goldman Sachs Group upped their target price on BJ's Wholesale Club from $102.00 to $121.00 and gave the company a "buy" rating in a research report on Monday, March 10th. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, BJ's Wholesale Club presently has a consensus rating of "Moderate Buy" and a consensus target price of $110.82.

BJ's Wholesale Club Trading Up 2.4 %

BJ opened at $118.57 on Friday. The company has a fifty day moving average price of $110.18 and a two-hundred day moving average price of $98.78. BJ's Wholesale Club Holdings, Inc. has a 1-year low of $73.01 and a 1-year high of $121.10. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The company has a market cap of $15.61 billion, a P/E ratio of 28.50, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion during the quarter, compared to analyst estimates of $5.29 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. Analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Joseph Mcgrail sold 2,100 shares of the company's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $119.74, for a total transaction of $251,454.00. Following the sale, the senior vice president now directly owns 14,240 shares in the company, valued at $1,705,097.60. This represents a 12.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert W. Eddy sold 280,400 shares of the company's stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following the completion of the transaction, the chief executive officer now owns 422,033 shares in the company, valued at approximately $48,242,592.23. This trade represents a 39.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 328,505 shares of company stock valued at $37,452,686 over the last ninety days. 2.00% of the stock is currently owned by insiders.

About BJ's Wholesale Club

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.

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