Virtu Financial LLC Has $1.32 Million Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Virtu Financial LLC raised its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 46.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 15,043 shares of the company’s stock after acquiring an additional 4,786 shares during the quarter. Virtu Financial LLC’s holdings in BJ’s Wholesale Club were worth $1,321,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. acquired a new position in shares of BJ’s Wholesale Club in the second quarter worth approximately $25,000. Rise Advisors LLC bought a new position in BJ’s Wholesale Club during the 1st quarter worth approximately $26,000. J.Safra Asset Management Corp acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth approximately $45,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of BJ’s Wholesale Club by 103.6% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 745 shares of the company’s stock valued at $65,000 after purchasing an additional 379 shares during the last quarter. Finally, Ridgewood Investments LLC acquired a new stake in shares of BJ’s Wholesale Club during the second quarter worth $66,000. Institutional investors own 98.60% of the company’s stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research analyst reports. TD Cowen upped their price target on shares of BJ’s Wholesale Club from $93.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 24th. JPMorgan Chase & Co. upgraded BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and upped their target price for the company from $76.00 to $78.00 in a research report on Monday, August 26th. Roth Mkm lifted their target price on BJ’s Wholesale Club from $68.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, August 23rd. DA Davidson boosted their price target on BJ’s Wholesale Club from $92.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, May 24th. Finally, Loop Capital raised their price objective on shares of BJ’s Wholesale Club from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, July 11th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club has an average rating of “Moderate Buy” and a consensus price target of $86.07.

Insider Activity

In related news, EVP Graham Luce sold 16,596 shares of the company’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total transaction of $1,512,725.40. Following the completion of the sale, the executive vice president now owns 14,131 shares in the company, valued at $1,288,040.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other BJ’s Wholesale Club news, EVP Jeff Desroches sold 28,842 shares of the stock in a transaction dated Friday, July 19th. The shares were sold at an average price of $89.86, for a total value of $2,591,742.12. Following the completion of the sale, the executive vice president now owns 58,452 shares in the company, valued at approximately $5,252,496.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Graham Luce sold 16,596 shares of the business’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $91.15, for a total value of $1,512,725.40. Following the completion of the transaction, the executive vice president now owns 14,131 shares in the company, valued at approximately $1,288,040.65. The disclosure for this sale can be found here. Insiders have sold 79,438 shares of company stock worth $6,980,938 over the last 90 days. 2.00% of the stock is currently owned by corporate insiders.

BJ’s Wholesale Club Stock Performance

BJ opened at $80.19 on Thursday. The company has a market cap of $10.64 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 2.90 and a beta of 0.25. The company’s fifty day moving average price is $84.74 and its two-hundred day moving average price is $81.91. 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 current ratio of 0.76, a quick ratio of 0.15 and a debt-to-equity ratio of 0.24.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 2.62% and a return on equity of 36.12%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.97 EPS. On average, analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.84 EPS for the current fiscal year.

About BJ’s Wholesale Club

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.