Vanguard Personalized Indexing Management LLC Purchases 2,001 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Vanguard Personalized Indexing Management LLC raised its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 15.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,772 shares of the company’s stock after acquiring an additional 2,001 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in BJ’s Wholesale Club were worth $1,298,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Wealth Alliance lifted its holdings in shares of BJ’s Wholesale Club by 68.7% in the second quarter. Wealth Alliance now owns 5,051 shares of the company’s stock worth $444,000 after buying an additional 2,057 shares in the last quarter. Virtu Financial LLC lifted its stake in BJ’s Wholesale Club by 46.7% in the 2nd quarter. Virtu Financial LLC now owns 15,043 shares of the company’s stock worth $1,321,000 after purchasing an additional 4,786 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in shares of BJ’s Wholesale Club by 5.9% during the 2nd quarter. Moors & Cabot Inc. now owns 5,386 shares of the company’s stock valued at $473,000 after purchasing an additional 299 shares during the last quarter. Menard Financial Group LLC purchased a new position in shares of BJ’s Wholesale Club during the second quarter valued at about $223,000. Finally, Dimensional Fund Advisors LP increased its holdings in shares of BJ’s Wholesale Club by 13.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,370,144 shares of the company’s stock worth $120,351,000 after purchasing an additional 163,526 shares during the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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 fifty-two week low of $63.08 and a fifty-two week high of $92.37. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.15 and a current ratio of 0.76. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 2.90 and a beta of 0.24. The business’s 50 day moving average price is $84.17 and its 200-day moving average price is $82.09.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.09. The business had revenue of $5.21 billion during 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 business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.97 earnings per share. On average, sell-side analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.84 earnings per share for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP Jeff Desroches sold 28,842 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The shares were sold at an average price of $89.86, for a total transaction of $2,591,742.12. Following the transaction, the executive vice president now directly owns 58,452 shares of the company’s stock, valued at $5,252,496.72. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, EVP Jeff Desroches sold 28,842 shares of the firm’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $89.86, for a total transaction of $2,591,742.12. Following the transaction, the executive vice president now owns 58,452 shares in the company, valued at $5,252,496.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $86.90, for a total transaction of $955,900.00. Following the completion of the sale, the chief executive officer now directly owns 467,792 shares of the company’s stock, valued at $40,651,124.80. The disclosure for this sale can be found here. Insiders sold a total of 79,438 shares of company stock valued at $6,980,938 in the last three months. Company insiders own 2.00% of the company’s stock.

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.