7,011 Shares in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Acquired by Advisor OS LLC

Advisor OS LLC acquired a new position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,011 shares of the company’s stock, valued at approximately $616,000.

A number of other hedge funds also recently added to or reduced their stakes in BJ. Norges Bank bought a new stake in shares of BJ’s Wholesale Club during the 4th quarter valued at $81,646,000. Massachusetts Financial Services Co. MA bought a new stake in shares of BJ’s Wholesale Club during the 4th quarter valued at $50,994,000. Raymond James & Associates grew its position in shares of BJ’s Wholesale Club by 99.9% during the 2nd quarter. Raymond James & Associates now owns 764,474 shares of the company’s stock valued at $67,151,000 after acquiring an additional 382,114 shares during the period. Fiduciary Management Inc. WI grew its position in shares of BJ’s Wholesale Club by 17.6% during the 4th quarter. Fiduciary Management Inc. WI now owns 2,514,630 shares of the company’s stock valued at $167,625,000 after acquiring an additional 377,019 shares during the period. Finally, Delta Global Management LP bought a new stake in shares of BJ’s Wholesale Club during the 1st quarter valued at $27,214,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Graham Luce sold 16,596 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the completion of the transaction, the executive vice president now directly owns 14,131 shares in the company, valued at $1,288,040.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total transaction of $873,400.00. Following the completion of the sale, the chief executive officer now owns 445,792 shares of the company’s stock, valued at $35,395,884.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Graham Luce sold 16,596 shares of the company’s stock in a transaction dated Tuesday, July 16th. The shares were sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the sale, the executive vice president now directly owns 14,131 shares of the company’s stock, valued at approximately $1,288,040.65. The disclosure for this sale can be found here. Insiders sold 79,438 shares of company stock worth $6,980,938 over the last three months. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. UBS Group upped their target price on shares of BJ’s Wholesale Club from $89.00 to $97.00 and gave the stock a “buy” rating in a report on Friday, May 24th. Loop Capital increased their price objective on shares of BJ’s Wholesale Club from $80.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, July 11th. Wells Fargo & Company raised shares of BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $75.00 to $92.00 in a report on Friday, August 23rd. DA Davidson upped their target price on shares of BJ’s Wholesale Club from $92.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 24th. Finally, Roth Mkm upped their target price on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the company a “neutral” rating in a research report on Friday, August 23rd. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $86.07.

BJ’s Wholesale Club Trading Down 1.9 %

NYSE BJ opened at $76.83 on Friday. The company has a fifty day simple moving average of $85.77 and a two-hundred day simple moving average of $81.45. The stock has a market cap of $10.20 billion, a P/E ratio of 19.96, a P/E/G ratio of 2.95 and a beta of 0.23. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $63.08 and a 12-month high of $92.37. The company has a current ratio of 0.76, a quick ratio of 0.15 and a debt-to-equity ratio of 0.24.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The business had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.15 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the company posted $0.97 earnings per share. On average, analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.84 earnings per share for the current year.

BJ’s Wholesale Club 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.