Tower Research Capital LLC TRC Raises Stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ)

Tower Research Capital LLC TRC grew its holdings in shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 224.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,121 shares of the company's stock after acquiring an additional 6,311 shares during the quarter. Tower Research Capital LLC TRC's holdings in BJ's Wholesale Club were worth $815,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. grew its position in BJ's Wholesale Club by 0.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company's stock worth $1,787,000 after acquiring an additional 105 shares during the last quarter. Lifestyle Asset Management Inc. grew its holdings in shares of BJ's Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company's stock worth $1,191,000 after purchasing an additional 108 shares during the last quarter. Gateway Investment Advisers LLC increased its stake in shares of BJ's Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company's stock worth $1,353,000 after buying an additional 111 shares during the period. Covestor Ltd raised its holdings in BJ's Wholesale Club by 66.5% during the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock valued at $26,000 after buying an additional 115 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in BJ's Wholesale Club by 4.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company's stock valued at $267,000 after buying an additional 132 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Trading Down 0.5 %

BJ's Wholesale Club stock opened at $111.91 on Friday. BJ's Wholesale Club Holdings, Inc. has a 12 month low of $73.93 and a 12 month 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 business's fifty day simple moving average is $110.92 and its two-hundred day simple moving average is $99.70. The company has a market capitalization of $14.74 billion, a price-to-earnings ratio of 26.90, 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 announced its quarterly earnings data on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, equities analysts predict that BJ's Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Joseph Mcgrail sold 2,100 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total transaction of $251,454.00. Following the completion of the transaction, the senior vice president now directly owns 14,240 shares of the company's stock, valued at $1,705,097.60. The trade was a 12.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the firm'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 sale, the chief executive officer now owns 422,033 shares in the company, valued at $48,242,592.23. This represents a 39.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 328,505 shares of company stock worth $37,452,686 in the last three months. Insiders own 2.00% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on BJ. Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a research report on Friday, April 4th. Loop Capital increased their price objective on BJ's Wholesale Club from $95.00 to $110.00 and gave the stock a "hold" rating in a report on Friday, March 7th. Barclays upped their target price on BJ's Wholesale Club from $80.00 to $115.00 and gave the company an "equal weight" rating in a report on Monday, March 10th. Morgan Stanley lifted their price target on shares of BJ's Wholesale Club from $98.00 to $115.00 and gave the company an "equal weight" rating in a report on Friday, March 7th. Finally, UBS Group upped their price objective on shares of BJ's Wholesale Club from $108.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. 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, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $110.82.

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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