Whittier Trust Co. Sells 947 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Whittier Trust Co. lessened its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 27.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,530 shares of the company’s stock after selling 947 shares during the quarter. Whittier Trust Co.’s holdings in BJ’s Wholesale Club were worth $226,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of BJ’s Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock worth $1,787,000 after acquiring an additional 105 shares in the last quarter. Lifestyle Asset Management Inc. increased its holdings in shares of BJ’s Wholesale Club by 0.8% in the fourth quarter. Lifestyle Asset Management Inc. now owns 13,329 shares of the company’s stock worth $1,191,000 after acquiring an additional 108 shares in the last quarter. Gateway Investment Advisers LLC increased its holdings in shares of BJ’s Wholesale Club by 0.7% in the fourth quarter. Gateway Investment Advisers LLC now owns 15,146 shares of the company’s stock worth $1,353,000 after acquiring an additional 111 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of BJ’s Wholesale Club by 4.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,983 shares of the company’s stock worth $267,000 after acquiring an additional 132 shares in the last quarter. Finally, Cornerstone Investment Partners LLC increased its holdings in shares of BJ’s Wholesale Club by 2.6% in the fourth quarter. Cornerstone Investment Partners LLC now owns 5,262 shares of the company’s stock worth $470,000 after acquiring an additional 132 shares in the last quarter. 98.60% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Barclays increased their price target on BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a report on Monday, March 10th. The Goldman Sachs Group increased their price objective on BJ’s Wholesale Club from $102.00 to $121.00 and gave the stock a “buy” rating in a report on Monday, March 10th. Robert W. Baird increased their price objective on BJ’s Wholesale Club from $115.00 to $125.00 and gave the stock an “outperform” rating in a report on Friday, March 7th. Roth Mkm increased their price objective on BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, November 25th. Finally, TD Cowen increased their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $108.71.

BJ’s Wholesale Club Stock Performance

BJ opened at $110.35 on Monday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $118.40. The stock has a market cap of $14.53 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 4.50 and a beta of 0.28. The business has a 50 day moving average of $103.26 and a 200-day moving average of $93.76. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.28 billion during the quarter, compared to analysts’ expectations of $5.29 billion. On average, equities research analysts expect that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Insider Activity

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

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.