BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) SVP Joseph Mcgrail Sells 2,100 Shares

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the transaction, the senior vice president now directly owns 14,240 shares of the company’s stock, valued at approximately $1,705,097.60. This trade represents a 12.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

BJ’s Wholesale Club Price Performance

Shares of NYSE BJ opened at $118.57 on Friday. The firm has a market capitalization of $15.61 billion, a P/E ratio of 28.50, a P/E/G ratio of 4.50 and a beta of 0.54. 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 stock’s 50-day simple moving average is $109.94 and its two-hundred day simple moving average is $98.45. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $121.10.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BJ. DA Davidson increased their price target 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. Argus upgraded shares of BJ’s Wholesale Club to a “hold” rating in a research report on Friday, April 4th. Robert W. Baird boosted their price target on shares of BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a research report on Friday, March 7th. Evercore ISI cut their price objective on shares of BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating for the company in a report on Tuesday, April 1st. Finally, Morgan Stanley boosted their target price on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the company an “equal weight” rating in a report on Friday, March 7th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $110.82.

Institutional Trading of BJ’s Wholesale Club

Hedge funds have recently made changes to their positions in the stock. Clearbridge Investments LLC raised its position in BJ’s Wholesale Club by 11.8% during the fourth quarter. Clearbridge Investments LLC now owns 2,330,361 shares of the company’s stock valued at $208,218,000 after purchasing an additional 245,731 shares in the last quarter. Intech Investment Management LLC raised its holdings in shares of BJ’s Wholesale Club by 278.6% during the 4th quarter. Intech Investment Management LLC now owns 53,968 shares of the company’s stock valued at $4,822,000 after buying an additional 39,713 shares in the last quarter. Dynamic Technology Lab Private Ltd lifted its position in BJ’s Wholesale Club by 151.8% in the 4th quarter. Dynamic Technology Lab Private Ltd now owns 19,784 shares of the company’s stock worth $1,768,000 after buying an additional 11,928 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in BJ’s Wholesale Club in the fourth quarter worth approximately $307,000. Finally, Wealthfront Advisers LLC grew its position in BJ’s Wholesale Club by 1,462.2% during the fourth quarter. Wealthfront Advisers LLC now owns 54,208 shares of the company’s stock valued at $4,843,000 after acquiring an additional 50,738 shares during the last quarter. 98.60% of the stock is owned by institutional investors.

BJ’s Wholesale Club Company 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.