BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Sold by Xponance Inc.

Xponance Inc. trimmed its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 2.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,517 shares of the company’s stock after selling 582 shares during the period. Xponance Inc.’s holdings in BJ’s Wholesale Club were worth $1,368,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC increased its position in BJ’s Wholesale Club by 14.1% during the third quarter. AE Wealth Management LLC now owns 13,723 shares of the company’s stock worth $979,000 after buying an additional 1,694 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of BJ’s Wholesale Club by 45.3% in the third quarter. Global Retirement Partners LLC now owns 491 shares of the company’s stock valued at $34,000 after buying an additional 153 shares during the last quarter. Hennessy Advisors Inc. lifted its stake in shares of BJ’s Wholesale Club by 34.9% during the third quarter. Hennessy Advisors Inc. now owns 226,700 shares of the company’s stock valued at $16,180,000 after buying an additional 58,700 shares during the period. Ballentine Partners LLC acquired a new stake in BJ’s Wholesale Club during the third quarter worth approximately $236,000. Finally, Covenant Partners LLC purchased a new stake in BJ’s Wholesale Club in the 3rd quarter worth approximately $261,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Christopher J. Baldwin sold 73,062 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the completion of the sale, the director now directly owns 173,294 shares of the company’s stock, valued at approximately $12,815,091.30. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $76.70, for a total value of $843,700.00. Following the transaction, the chief executive officer now directly owns 500,792 shares of the company’s stock, valued at approximately $38,410,746.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Christopher J. Baldwin sold 73,062 shares of the firm’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the sale, the director now directly owns 173,294 shares of the company’s stock, valued at approximately $12,815,091.30. The disclosure for this sale can be found here. Insiders have sold 98,840 shares of company stock worth $7,408,605 over the last 90 days. Company insiders own 2.20% of the company’s stock.

BJ’s Wholesale Club Stock Up 1.1 %

Shares of NYSE BJ opened at $75.77 on Thursday. The stock has a fifty day moving average price of $74.33 and a 200 day moving average price of $69.51. The company has a current ratio of 0.73, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $60.33 and a 12-month high of $80.42. The company has a market cap of $10.07 billion, a P/E ratio of 19.58, a P/E/G ratio of 3.20 and a beta of 0.26.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.06 by $0.05. The business had revenue of $5.36 billion during the quarter, compared to analyst estimates of $5.38 billion. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 earnings per share. Research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on BJ shares. JPMorgan Chase & Co. increased their price target on BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a research note on Friday, March 1st. Wells Fargo & Company restated an “equal weight” rating and issued a $70.00 price target (down previously from $73.00) on shares of BJ’s Wholesale Club in a report on Thursday, January 4th. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 price objective on the stock. in a report on Wednesday, February 7th. Evercore ISI lowered their target price on shares of BJ’s Wholesale Club from $79.00 to $78.00 and set an “in-line” rating for the company in a report on Tuesday, April 16th. Finally, The Goldman Sachs Group raised shares of BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and increased their price target for the stock from $81.00 to $87.00 in a research note on Monday, April 8th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $74.40.

BJ’s Wholesale Club Company 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.