X Square Capital LLC Decreases Stock Holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

X Square Capital LLC cut its holdings in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,979 shares of the company’s stock after selling 510 shares during the quarter. X Square Capital LLC’s holdings in BJ’s Wholesale Club were worth $624,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BJ. Tortoise Investment Management LLC increased its holdings in shares of BJ’s Wholesale Club by 78.7% in the 4th quarter. Tortoise Investment Management LLC now owns 529 shares of the company’s stock worth $47,000 after buying an additional 233 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in BJ’s Wholesale Club during the third quarter worth approximately $55,000. UMB Bank n.a. raised its position in BJ’s Wholesale Club by 68.2% during the fourth quarter. UMB Bank n.a. now owns 624 shares of the company’s stock valued at $56,000 after purchasing an additional 253 shares during the period. Avior Wealth Management LLC raised its position in BJ’s Wholesale Club by 151.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,168 shares of the company’s stock valued at $104,000 after purchasing an additional 703 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of BJ’s Wholesale Club by 34.7% in 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 during the period. Institutional investors own 98.60% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Loop Capital raised their price target on BJ’s Wholesale Club from $95.00 to $110.00 and gave the stock a “hold” rating in a research report on Friday, March 7th. DA Davidson raised their target price on shares of BJ’s Wholesale Club from $123.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Citigroup lifted their price target on shares of BJ’s Wholesale Club from $101.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, March 7th. TD Cowen raised their price target on BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and an average target price of $108.71.

BJ’s Wholesale Club Price Performance

NYSE BJ opened at $112.65 on Friday. BJ’s Wholesale Club Holdings, Inc. has a 12-month low of $71.81 and a 12-month high of $118.40. The firm’s fifty day simple moving average is $104.60 and its two-hundred day simple moving average is $94.46. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $14.83 billion, a P/E ratio of 27.08, a P/E/G ratio of 4.50 and a beta of 0.28.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings results on Thursday, March 6th. The company reported $0.93 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $5.28 billion during the quarter, compared to the consensus estimate of $5.29 billion. Analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

BJ’s Wholesale Club Company 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.