Ensign Peak Advisors Inc Has $5.47 Million Stock Position in BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)

Ensign Peak Advisors Inc increased its position in shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) by 17.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,206 shares of the company’s stock after purchasing an additional 8,980 shares during the quarter. Ensign Peak Advisors Inc’s holdings in BJ’s Wholesale Club were worth $5,469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BJ. Barclays PLC raised its stake in shares of BJ’s Wholesale Club by 118.6% during the third quarter. Barclays PLC now owns 144,652 shares of the company’s stock worth $11,931,000 after buying an additional 78,470 shares during the last quarter. Wedmont Private Capital boosted its holdings in shares of BJ’s Wholesale Club by 9.0% in the fourth quarter. Wedmont Private Capital now owns 2,822 shares of the company’s stock valued at $273,000 after buying an additional 233 shares during the period. Cooper Financial Group boosted its holdings in shares of BJ’s Wholesale Club by 12.2% in the fourth quarter. Cooper Financial Group now owns 5,876 shares of the company’s stock valued at $525,000 after buying an additional 637 shares during the period. Fifth Third Wealth Advisors LLC boosted its holdings in shares of BJ’s Wholesale Club by 10.4% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 5,796 shares of the company’s stock valued at $518,000 after buying an additional 548 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in BJ’s Wholesale Club by 30.3% during the fourth quarter. Park Avenue Securities LLC now owns 10,647 shares of the company’s stock worth $951,000 after purchasing an additional 2,477 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

Insider Buying and Selling at BJ’s Wholesale Club

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 shares were sold at an average price of $107.59, for a total value of $1,270,960.67. Following the transaction, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This represents a 32.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 280,400 shares of the stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $114.31, for a total transaction of $32,052,524.00. Following 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 disclosure for this sale can be found here. Insiders have sold a total of 328,505 shares of company stock valued at $37,452,686 over the last three months. 2.00% of the stock is currently owned by insiders.

BJ’s Wholesale Club Price Performance

BJ opened at $107.85 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.76 and a quick ratio of 0.14. The company has a market capitalization of $14.20 billion, a price-to-earnings ratio of 25.93, a P/E/G ratio of 4.50 and a beta of 0.59. The firm’s fifty day moving average price is $114.09 and its two-hundred day moving average price is $102.18. BJ’s Wholesale Club Holdings, Inc. has a 1 year low of $76.33 and a 1 year high of $121.10.

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 analysts’ consensus estimates of $0.86 by $0.07. The company had revenue of $5.28 billion for the quarter, compared to the consensus estimate of $5.29 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. As a group, analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on BJ shares. Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, March 7th. Loop Capital raised their target price on shares of BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “hold” rating in a report on Friday, March 7th. UBS Group raised their price target on shares of BJ’s Wholesale Club from $108.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Evercore ISI reduced their price target on shares of BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating on the stock in a research note on Tuesday, April 1st. Finally, Barclays lifted their target price on shares of BJ’s Wholesale Club from $80.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Monday, March 10th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $112.12.

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.