BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its stake in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 204,862 shares of the company's stock after selling 11,480 shares during the quarter. Wellington Management Group LLP owned about 0.16% of BJ's Wholesale Club worth $18,304,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BJ. O Shaughnessy Asset Management LLC boosted its holdings in BJ's Wholesale Club by 28.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 8,894 shares of the company's stock worth $795,000 after acquiring an additional 1,973 shares in the last quarter. Clearbridge Investments LLC raised its holdings in BJ's Wholesale Club by 11.8% during the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company's stock worth $208,218,000 after buying an additional 245,731 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake 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 buying an additional 457 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of BJ's Wholesale Club by 6.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 18,530 shares of the company's stock valued at $1,656,000 after buying an additional 1,062 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of BJ's Wholesale Club in the 4th quarter worth about $135,344,000. Institutional investors own 98.60% of the company's stock.

Remove Ads

BJ's Wholesale Club Stock Up 1.6 %

BJ's Wholesale Club stock traded up $1.86 during trading hours on Monday, hitting $119.22. 185,896 shares of the stock traded hands, compared to its average volume of 1,648,895. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. BJ's Wholesale Club Holdings, Inc. has a one year low of $71.81 and a one year high of $120.93. The company has a market cap of $15.70 billion, a PE ratio of 28.69, a PEG ratio of 4.50 and a beta of 0.54. The firm's 50-day moving average price is $108.90 and its two-hundred day moving average price is $97.66.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, beating 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 the consensus estimate of $5.29 billion. On average, research analysts forecast that BJ's Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

Analyst Ratings Changes

BJ has been the subject of several analyst reports. Cowen reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, March 7th. DA Davidson lifted their price objective on shares of BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Argus upgraded shares of BJ's Wholesale Club to a "hold" rating in a report on Friday, April 4th. UBS Group raised their target price on BJ's Wholesale Club from $108.00 to $130.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Finally, Evercore ISI lowered their target price on BJ's Wholesale Club from $115.00 to $110.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $110.82.

Insider Transactions at BJ's Wholesale Club

In other news, Director Robert Allan Steele sold 11,813 shares of the company's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the sale, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This represents a 32.67 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William C. Werner sold 14,192 shares of the business's stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $117.64, for a total transaction of $1,669,546.88. Following the sale, the executive vice president now directly owns 26,113 shares of the company's stock, valued at $3,071,933.32. This represents a 35.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 326,405 shares of company stock worth $37,201,232 in the last 90 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.