BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Shares Bought by First Horizon Advisors Inc.

First Horizon Advisors Inc. grew its holdings in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 36.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,126 shares of the company’s stock after purchasing an additional 302 shares during the quarter. First Horizon Advisors Inc.’s holdings in BJ’s Wholesale Club were worth $75,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brown Advisory Inc. acquired a new position in BJ’s Wholesale Club during the third quarter worth approximately $202,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of BJ’s Wholesale Club by 16.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,390 shares of the company’s stock worth $1,527,000 after buying an additional 3,026 shares during the period. Inspire Investing LLC boosted its holdings in BJ’s Wholesale Club by 30.1% in the third quarter. Inspire Investing LLC now owns 21,024 shares of the company’s stock valued at $1,500,000 after acquiring an additional 4,864 shares during the last quarter. Whittier Trust Co. grew its position in BJ’s Wholesale Club by 3.7% during the third quarter. Whittier Trust Co. now owns 101,973 shares of the company’s stock valued at $7,277,000 after acquiring an additional 3,659 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its stake in BJ’s Wholesale Club by 2.1% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 51,015 shares of the company’s stock worth $3,640,000 after acquiring an additional 1,045 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $77.04 on Wednesday. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $60.33 and a 52-week high of $80.42. The company has a quick ratio of 0.14, a current ratio of 0.73 and a debt-to-equity ratio of 0.27. The firm has a market cap of $10.24 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 3.20 and a beta of 0.27. The business’s 50 day moving average is $75.36 and its two-hundred day moving average is $69.89.

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

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Evercore ISI decreased their target price on 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. JPMorgan Chase & Co. increased their price objective on shares of BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an “underweight” rating in a research report on Friday, March 1st. Gordon Haskett lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Wednesday, February 7th. The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “neutral” rating to a “buy” rating and increased their price target for the company from $81.00 to $87.00 in a report on Monday, April 8th. Finally, Loop Capital reaffirmed a “hold” rating and issued a $80.00 target price (down previously from $85.00) on shares of BJ’s Wholesale Club in a research report on Thursday, April 18th. One investment 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. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $74.40.

Insider Buying and Selling at BJ’s Wholesale Club

In related news, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $77.37, for a total transaction of $77,370.00. Following the transaction, the senior vice president now directly owns 12,905 shares in the company, valued at $998,459.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Christopher J. Baldwin sold 73,062 shares of the company’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 completion of the transaction, the director now directly owns 173,294 shares of the company’s stock, valued at $12,815,091.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $77.37, for a total value of $77,370.00. Following the completion of the sale, the senior vice president now directly owns 12,905 shares in the company, valued at approximately $998,459.85. 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 quarter. 2.20% of the stock is owned by corporate insiders.

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.