Treasurer of the State of North Carolina Purchases 360 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Treasurer of the State of North Carolina raised its position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,998 shares of the company’s stock after acquiring an additional 360 shares during the quarter. Treasurer of the State of North Carolina’s holdings in BJ’s Wholesale Club were worth $5,182,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Brown Brothers Harriman & Co. increased its position in shares of BJ’s Wholesale Club by 652.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after purchasing an additional 457 shares during the last quarter. Tortoise Investment Management LLC grew its position in BJ’s Wholesale Club by 78.7% during the fourth quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock valued at $47,000 after buying an additional 233 shares during the period. UMB Bank n.a. grew its position in BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after buying an additional 253 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in BJ’s Wholesale Club during the third quarter valued at approximately $55,000. Finally, Aster Capital Management DIFC Ltd raised its position in BJ’s Wholesale Club by 770.2% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,140 shares of the company’s stock worth $102,000 after acquiring an additional 1,009 shares during the period. Institutional investors own 98.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on BJ. DA Davidson upped their price objective on BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. Morgan Stanley upped their price target on BJ’s Wholesale Club from $98.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Friday, March 7th. Argus upgraded BJ’s Wholesale Club to a “hold” rating in a research note on Friday, April 4th. The Goldman Sachs Group raised their target price on shares of BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a research note on Monday, March 10th. Finally, JPMorgan Chase & Co. upped their price target on shares of 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. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $110.82.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $120.01 on Tuesday. 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 twelve month low of $71.81 and a twelve month high of $121.00. The company’s 50-day moving average price is $109.21 and its 200-day moving average price is $97.93. The company has a market cap of $15.80 billion, a PE ratio of 28.85, a price-to-earnings-growth ratio of 4.50 and a beta of 0.54.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The business had revenue of $5.28 billion during 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%. On average, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the sale, the executive vice president now directly owns 31,308 shares in the company, valued at approximately $3,456,716.28. This represents a 38.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert Allan Steele sold 11,813 shares of the business’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the transaction, the director now owns 24,351 shares of the company’s stock, valued at approximately $2,619,924.09. The trade was a 32.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 326,405 shares of company stock worth $37,201,232 over the last quarter. Insiders own 2.00% of the company’s stock.

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.