Whittier Trust Co. Sells 947 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Whittier Trust Co. lessened its stake in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,530 shares of the company’s stock after selling 947 shares during the period. Whittier Trust Co.’s holdings in BJ’s Wholesale Club were worth $226,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. increased its stake 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 period. Lifestyle Asset Management Inc. increased its stake in BJ’s Wholesale Club by 0.8% during the 4th quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after acquiring an additional 108 shares during the period. Gateway Investment Advisers LLC increased its stake in BJ’s Wholesale Club by 0.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after acquiring an additional 111 shares during the period. Venturi Wealth Management LLC increased its stake 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 worth $267,000 after acquiring an additional 132 shares during the period. Finally, Cornerstone Investment Partners LLC increased its stake in BJ’s Wholesale Club by 2.6% during the 4th quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock worth $470,000 after acquiring an additional 132 shares during the period. Institutional investors own 98.60% of the company’s stock.

Insiders Place Their Bets

In other news, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $107.59, for a total value of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares of the company’s stock, valued at $2,619,924.09. The trade was a 32.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP William C. Werner sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now directly owns 31,308 shares in the company, valued at $3,456,716.28. This represents a 38.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BJ shares. Loop Capital lifted their price target on BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a research note on Friday, March 7th. Roth Mkm lifted their price target on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a research note on Monday, November 25th. TD Cowen lifted their price target on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Robert W. Baird lifted 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, Morgan Stanley lifted their price target on BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a research note on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $108.71.

BJ’s Wholesale Club Stock Up 1.6 %

Shares of BJ opened at $110.35 on Monday. The company has a market capitalization of $14.53 billion, a PE ratio of 26.53, a PEG ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $71.81 and a 12 month high of $118.40. The stock’s 50-day moving average price is $103.26 and its two-hundred day moving average price is $93.76. 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 (NYSE:BJ) last announced its earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The firm had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. On average, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current year.

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.