Blair William & Co. IL Acquires 114,985 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Blair William & Co. IL increased its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 68.8% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 282,058 shares of the company’s stock after acquiring an additional 114,985 shares during the period. Blair William & Co. IL owned about 0.21% of BJ’s Wholesale Club worth $24,776,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of BJ. Private Advisor Group LLC grew its position in BJ’s Wholesale Club by 30.7% during the 4th quarter. Private Advisor Group LLC now owns 5,420 shares of the company’s stock worth $361,000 after acquiring an additional 1,272 shares during the last quarter. Dimensional Fund Advisors LP grew its position in BJ’s Wholesale Club by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,194,806 shares of the company’s stock worth $79,649,000 after acquiring an additional 44,472 shares during the last quarter. Norges Bank bought a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $81,646,000. Dynamic Technology Lab Private Ltd bought a new stake in BJ’s Wholesale Club during the 4th quarter worth approximately $892,000. Finally, Coldstream Capital Management Inc. boosted its position in BJ’s Wholesale Club by 26.6% in the 4th quarter. Coldstream Capital Management Inc. now owns 8,324 shares of the company’s stock valued at $555,000 after buying an additional 1,751 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other BJ’s Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the sale, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $873,400.00. Following the completion of the sale, the chief executive officer now directly owns 445,792 shares in the company, valued at approximately $35,395,884.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 79,438 shares of company stock valued at $6,980,938. 2.00% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts have commented on BJ shares. Evercore ISI increased 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. TD Cowen increased their price objective on 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. DA Davidson increased their price objective on BJ’s Wholesale Club from $92.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, May 24th. Loop Capital increased their price target on BJ’s Wholesale Club from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, July 11th. Finally, Bank of America cut their price target on BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, August 23rd. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $86.07.

BJ’s Wholesale Club Stock Performance

Shares of BJ’s Wholesale Club stock opened at $80.19 on Thursday. The company has a market capitalization of $10.64 billion, a PE ratio of 20.83, a PEG ratio of 2.90 and a beta of 0.25. BJ’s Wholesale Club Holdings, Inc. has a 12 month low of $63.08 and a 12 month 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. The stock’s fifty day simple moving average is $84.74 and its 200 day simple moving average is $81.91.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.00 by $0.09. The business had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.15 billion. BJ’s Wholesale Club had a return on equity of 36.12% and a net margin of 2.62%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.97 EPS. On average, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.84 EPS for the current 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.