Loomis Sayles & Co. L P Has $31.10 Million Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Loomis Sayles & Co. L P reduced its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 348,018 shares of the company’s stock after selling 10,750 shares during the period. Loomis Sayles & Co. L P’s holdings in BJ’s Wholesale Club were worth $31,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. Tortoise Investment Management LLC grew its holdings in BJ’s Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after buying an additional 233 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of BJ’s Wholesale Club in the third quarter valued at about $55,000. UMB Bank n.a. grew its stake in shares of BJ’s Wholesale Club by 68.2% in the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after acquiring an additional 253 shares in the last quarter. Avior Wealth Management LLC increased its position in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in BJ’s Wholesale Club by 34.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after purchasing an additional 324 shares in the last quarter. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Trading Up 2.0 %

NYSE BJ opened at $112.65 on Friday. The company has a market cap of $14.83 billion, a price-to-earnings ratio of 27.08, a price-to-earnings-growth ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $118.40. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The business’s fifty day moving average is $104.60 and its 200 day moving average is $94.46.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, March 6th. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The firm had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. As a group, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently commented on BJ. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. TD Cowen raised their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. DA Davidson upped their target price on BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, March 7th. JPMorgan Chase & Co. raised their price target on BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday, March 3rd. 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 research report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and an average target price of $108.71.

Insider Buying and Selling at BJ’s Wholesale Club

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

BJ’s Wholesale Club Profile

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.