BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd grew its position in BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) by 98.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,853 shares of the company's stock after acquiring an additional 8,847 shares during the quarter. XTX Topco Ltd's holdings in BJ's Wholesale Club were worth $1,473,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC raised its stake in shares of BJ's Wholesale Club by 158.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company's stock worth $368,044,000 after purchasing an additional 2,571,709 shares during the last quarter. FMR LLC increased its stake in BJ's Wholesale Club by 7.2% in the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company's stock valued at $1,184,175,000 after buying an additional 966,528 shares during the period. Massachusetts Financial Services Co. MA raised its position in BJ's Wholesale Club by 60.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company's stock worth $196,929,000 after buying an additional 896,263 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of BJ's Wholesale Club by 4,834.5% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company's stock worth $51,567,000 after acquiring an additional 612,535 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of BJ's Wholesale Club by 143.6% in the second quarter. Marshall Wace LLP now owns 848,000 shares of the company's stock valued at $74,488,000 after acquiring an additional 499,954 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Robert W. Eddy sold 11,000 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $83.75, for a total transaction of $921,250.00. Following the completion of the transaction, the chief executive officer now owns 434,792 shares of the company's stock, valued at $36,413,830. This represents a 2.47 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is owned by company insiders.

BJ's Wholesale Club Price Performance

Shares of BJ's Wholesale Club stock traded up $0.02 during trading on Monday, hitting $95.62. 1,488,010 shares of the company were exchanged, compared to its average volume of 1,504,547. The firm has a 50 day moving average price of $88.89 and a 200 day moving average price of $86.70. The stock has a market capitalization of $12.63 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 4.50 and a beta of 0.29. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ's Wholesale Club Holdings, Inc. has a fifty-two week low of $64.06 and a fifty-two week high of $99.91.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings data on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. The business had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.12 billion. BJ's Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The business's revenue was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.98 earnings per share. On average, equities analysts expect that BJ's Wholesale Club Holdings, Inc. will post 3.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on BJ shares. Melius Research began coverage on shares of BJ's Wholesale Club in a report on Monday, September 23rd. They set a "buy" rating and a $90.00 price target for the company. Morgan Stanley raised their price target on BJ's Wholesale Club from $90.00 to $98.00 and gave the company an "equal weight" rating in a report on Friday, November 22nd. Jefferies Financial Group upped their price objective on BJ's Wholesale Club from $105.00 to $110.00 and gave the stock a "buy" rating in a report on Thursday, November 21st. JPMorgan Chase & Co. upgraded BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and increased their price objective for the stock from $76.00 to $78.00 in a research report on Monday, August 26th. Finally, Roth Mkm upped their price target on shares of BJ's Wholesale Club from $75.00 to $87.00 and gave the stock a "neutral" rating in a research note on Monday, November 25th. Six equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $93.25.

BJ's Wholesale Club Company 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.