Treasurer of the State of North Carolina Buys 360 Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Treasurer of the State of North Carolina raised its stake in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,998 shares of the company’s stock after buying an additional 360 shares during the period. Treasurer of the State of North Carolina’s holdings in BJ’s Wholesale Club were worth $5,182,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Brown Brothers Harriman & Co. increased its stake in BJ’s Wholesale Club by 652.9% in the fourth quarter. Brown Brothers Harriman & Co. now owns 527 shares of the company’s stock valued at $47,000 after acquiring an additional 457 shares during the last quarter. Tortoise Investment Management LLC raised 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 valued at $47,000 after buying an additional 233 shares in the last quarter. UMB Bank n.a. lifted its position 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 worth $56,000 after buying an additional 253 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in BJ’s Wholesale Club in the third quarter worth approximately $55,000. Finally, Aster Capital Management DIFC Ltd grew its position in BJ’s Wholesale Club by 770.2% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,140 shares of the company’s stock valued at $102,000 after acquiring an additional 1,009 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $120.01 on Tuesday. BJ’s Wholesale Club Holdings, Inc. has a 52 week low of $71.81 and a 52 week high of $121.00. 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 stock has a market cap of $15.80 billion, a P/E ratio of 28.85, a P/E/G ratio of 4.50 and a beta of 0.54. The business’s 50 day moving average price is $109.21 and its 200-day moving average price is $97.93.

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

Insider Buying and Selling at BJ’s Wholesale Club

In other news, CEO Robert W. Eddy sold 280,400 shares of the business’s stock in a transaction on Monday, April 7th. The stock was sold at an average price of $114.31, for a total value of $32,052,524.00. Following the completion of the transaction, the chief executive officer now owns 422,033 shares in the company, valued at $48,242,592.23. The trade was a 39.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP William C. Werner sold 20,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $110.41, for a total value of $2,208,200.00. Following the transaction, the executive vice president now directly owns 31,308 shares in the company, valued at approximately $3,456,716.28. The trade was a 38.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 326,405 shares of company stock worth $37,201,232. 2.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday, March 3rd. Loop Capital upped their price target on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a research report on Friday, March 7th. Cowen reiterated a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, March 7th. Robert W. Baird increased their target price on BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “outperform” rating in a report on Friday, March 7th. Finally, Barclays lifted their price target on BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Monday, March 10th. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $110.82.

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.