Epoch Investment Partners Inc. Sells 642,228 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Epoch Investment Partners Inc. decreased its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 77.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,547 shares of the company’s stock after selling 642,228 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.14% of BJ’s Wholesale Club worth $16,211,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Fifth Third Bancorp increased its holdings in BJ’s Wholesale Club by 9.3% in the 2nd quarter. Fifth Third Bancorp now owns 1,461 shares of the company’s stock worth $128,000 after acquiring an additional 124 shares in the last quarter. CWM LLC raised its position in shares of BJ’s Wholesale Club by 7.4% during the 2nd quarter. CWM LLC now owns 1,863 shares of the company’s stock valued at $164,000 after purchasing an additional 128 shares during the period. Riverwater Partners LLC lifted its stake in shares of BJ’s Wholesale Club by 1.1% during the 2nd quarter. Riverwater Partners LLC now owns 12,951 shares of the company’s stock valued at $1,138,000 after buying an additional 135 shares in the last quarter. GAMMA Investing LLC boosted its holdings in BJ’s Wholesale Club by 11.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,638 shares of the company’s stock worth $144,000 after buying an additional 162 shares during the period. Finally, LRI Investments LLC increased its stake in BJ’s Wholesale Club by 9.2% in the 2nd quarter. LRI Investments LLC now owns 1,953 shares of the company’s stock worth $172,000 after buying an additional 165 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.0 %

Shares of NYSE BJ opened at $80.99 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 1-year low of $63.08 and a 1-year high of $92.37. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.76 and a quick ratio of 0.15. The business’s 50 day moving average is $84.17 and its two-hundred day moving average is $82.09. The stock has a market capitalization of $10.75 billion, a P/E ratio of 21.04, a PEG ratio of 2.90 and a beta of 0.24.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.09. The company had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.15 billion. BJ’s Wholesale Club had a return on equity of 36.12% and a net margin of 2.62%. BJ’s Wholesale Club’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 EPS. As a group, research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.84 EPS for the current year.

Insider Buying and Selling

In related news, CEO Robert W. Eddy sold 11,000 shares of the company’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 transaction, the chief executive officer now directly owns 445,792 shares in the company, valued at approximately $35,395,884.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $83.57, for a total value of $83,570.00. Following the transaction, the senior vice president now owns 13,566 shares of the company’s stock, valued at approximately $1,133,710.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Robert W. Eddy sold 11,000 shares of BJ’s Wholesale Club 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 sale, the chief executive officer now owns 445,792 shares of the company’s stock, valued at approximately $35,395,884.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 79,438 shares of company stock valued at $6,980,938. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Evercore ISI boosted their price objective on BJ’s Wholesale Club from $86.00 to $89.00 and gave the company an “in-line” rating in a research report on Thursday, June 20th. JPMorgan Chase & Co. upgraded BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and upped their price target for the stock from $76.00 to $78.00 in a research note on Monday, August 26th. Wells Fargo & Company upgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $75.00 to $92.00 in a research report on Friday, August 23rd. Roth Mkm upped their target price on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, August 23rd. Finally, Bank of America reduced their price target on shares of BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, August 23rd. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.07.

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.