Fox Run Management L.L.C. Takes Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Fox Run Management L.L.C. bought a new position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 14,009 shares of the company’s stock, valued at approximately $1,252,000.

Other large investors have also recently bought and sold shares of the company. Tortoise Investment Management LLC increased its holdings in shares of BJ’s Wholesale Club by 78.7% during the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after purchasing an additional 233 shares during the period. Wilmington Savings Fund Society FSB bought a new position in BJ’s Wholesale Club during the third quarter valued at about $55,000. UMB Bank n.a. raised its holdings in BJ’s Wholesale Club by 68.2% in the 4th quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after acquiring an additional 253 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of BJ’s Wholesale Club by 151.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock worth $104,000 after acquiring an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in shares of BJ’s Wholesale Club by 34.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,257 shares of the company’s stock worth $113,000 after purchasing an additional 324 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on BJ shares. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. DA Davidson lifted their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, March 7th. TD Cowen increased their price target on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Morgan Stanley upped their price objective on shares of BJ’s Wholesale Club from $98.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Friday, March 7th. Finally, Loop Capital boosted their target price on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research note on Friday, March 7th. Seven investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus price target of $108.71.

Insider Buying and Selling

In related news, Director Robert Allan Steele sold 11,813 shares of the company’s stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares of the company’s stock, valued at approximately $2,619,924.09. This represents a 32.67 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William C. Werner sold 20,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $110.41, for a total value of $2,208,200.00. Following the completion of the transaction, the executive vice president now owns 31,308 shares in the company, valued at approximately $3,456,716.28. The trade was a 38.98 % decrease in their position. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.

BJ’s Wholesale Club Price Performance

Shares of BJ stock opened at $110.35 on Friday. The company has a market cap of $14.58 billion, a P/E ratio of 26.53, a P/E/G ratio of 4.50 and a beta of 0.28. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $103.26 and a 200 day simple moving average of $93.56. BJ’s Wholesale Club Holdings, Inc. has a twelve month low of $71.81 and a twelve month high of $118.40.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.07. The firm had revenue of $5.28 billion for the quarter, compared to analyst estimates of $5.29 billion. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. On average, sell-side analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

BJ’s Wholesale Club Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.